Williams & Donovan Lettings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05093611 (England and Wales)

WILLIAMS & DONOVAN LETTINGS LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C O'Donovan

I A Williams

REGISTERED OFFICE:

2nd Floor Offices

26-28 West Street

Market Square

Rochford

Essex

SS4 1AJ

REGISTERED NUMBER:

05093611 (England and Wales)

ACCOUNTANTS:

Howard & Stapleton

2nd Floor Offices

26-28 West Street

Market Square

Rochford

Essex

SS4 1AJ

FIXED ASSETS

Tangible assets

4

5,531

3,054

CURRENT ASSETS

Debtors

5

27,510

18,308

Cash at bank

39,044

82,632

66,554

100,940

CREDITORS

Amounts falling due within one year

6

39,801

58,502

NET CURRENT ASSETS

26,753

42,438

TOTAL ASSETS LESS CURRENT
LIABILITIES

32,284

45,492

PROVISIONS FOR LIABILITIES

1,392

764

NET ASSETS

30,892

44,728

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

30,792

44,628

SHAREHOLDERS' FUNDS

30,892

44,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

C O'Donovan - Director

I A Williams - Director

1.	STATUTORY INFORMATION

Williams & Donovan Lettings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 April 2024

12,044

20,529

-

32,573

Additions

-

3,445

At 31 March 2025

12,044

20,529

3,445

36,018

DEPRECIATION

At 1 April 2024

12,044

17,475

-

29,519

Charge for year

-

764

204

968

At 31 March 2025

12,044

18,239

204

30,487

NET BOOK VALUE

At 31 March 2025

-

2,290

3,241

5,531

At 31 March 2024

-

3,054

-

3,054

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

8,993

7,631

Other debtors

16,517

8,677

Prepayments

2,000

27,510

18,308

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

3,014

822

Corporation tax

19,278

25,651

Social security and other taxes

2,237

1,049

VAT

11,674

11,031

Other creditors

898

17,249

Accrued expenses

2,700

39,801

58,502

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

100

Ordinary

£1

100

8.	ULTIMATE CONTROLLING PARTY

The company is not under the control of any single party.