William and James Developments Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 13026573 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

WILLIAM AND JAMES DEVELOPMENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S J Day

Mr J Moody

REGISTERED OFFICE:

34

Lower Richmond Road

Putney

London

SW15 1JP

REGISTERED NUMBER:

13026573 (England and Wales)

ACCOUNTANTS:

TaxAgility Limited

34 Lower Richmond Road

Putney

London

SW15 1JP

FIXED ASSETS

Property, plant and equipment

4

2,170,000

CURRENT ASSETS

Debtors

5

1,250

-

Cash at bank

20,723

41,525

21,973

41,525

CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

(505,352

)

(509,794

)

NET CURRENT LIABILITIES

(483,379

)

(468,269

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,686,621

1,701,731

CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR

7

(1,118,382

)

(1,118,382

)

NET ASSETS

568,239

583,349

CAPITAL AND RESERVES

Called up share capital

1

Share premium

526,430

Retained earnings

41,808

56,918

568,239

583,349

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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 18 September 2025 and were signed on its behalf by:

Mr S J Day - Director

1.	STATUTORY INFORMATION

William and James Developments Ltd 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.

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

Revenue 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	PROPERTY, PLANT AND EQUIPMENT

Freehold

property

£

COST

At 1 December 2023

and 30 November 2024

2,170,000

NET BOOK VALUE

At 30 November 2024

2,170,000

At 30 November 2023

2,170,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

Trade debtors

1,250

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

Taxation and social security

(1,130

)

1,130

Other creditors

506,482

508,664

505,352

509,794

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.11.24

30.11.23

£

Bank loans

1,118,382

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24

30.11.23

£

Mr S J Day

Balance outstanding at start of year

(257,720

)

(257,173

)

Amounts advanced

4,552

-

Amounts repaid

-

(547

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(253,168

)

(257,720

)

Mr J Moody

Balance outstanding at start of year

(250,477

)

(251,733

)

Amounts advanced

-

1,256

Amounts repaid

(2,691

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(253,168

)

(250,477

)

It is confirmed that the director’s current account is debited with personal transactions and credited with director’s remuneration as well as dividends

The loan is unsecured, interest free and no repayment terms have been agreed.

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by the director's Mr J Moody and Mr S J Day jointly each holding 50% of the share capital.