REGISTERED NUMBER: 08323206 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

C G WARNER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C G Warner

Mrs D Warner

REGISTERED OFFICE:

61 Station Road

Sudbury

Suffolk

CO10 2SP

REGISTERED NUMBER:

08323206 (England and Wales)

ACCOUNTANTS:

Seago and Stopps

Chartered Certified Accountants

61 Station Road

Sudbury

Suffolk

CO10 2SP

FIXED ASSETS

3,000

Intangible assets

4

1,500

506,706

Tangible assets

5

661,200

509,706

662,700

CURRENT ASSETS

108,033

Debtors

6

125,147

84,318

Cash at bank and in hand

118,016

192,351

243,163

CREDITORS

309,141

Amounts falling due within one year

7

366,016

(116,790

)

NET CURRENT LIABILITIES

(122,853

)

392,916

TOTAL ASSETS LESS CURRENT LIABILITIES

539,847

CREDITORS

383,216

Amounts falling due after more than one year

8

480,203

9,700

NET ASSETS

59,644

CAPITAL AND RESERVES

10

Called up share capital

10

9,690

Retained earnings

59,634

9,700

SHAREHOLDERS' FUNDS

59,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 29 September 2025 and were signed on its behalf by:

C G Warner - Director

1.	STATUTORY INFORMATION

C G Warner 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 represents the value of work completed during the year, by reference to invoiced sales and the movement between the opening and closing trade debtor balances.

Intangible assets - goodwill

Goodwill, being the amount paid in connection with the acquistion of a business in 2013, is being amortised evenly over its estimated useful economic life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant & machinery - at variable rates on reducing balance

Motor vehicles - 25% on reducing balance

Office equipment - 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Financial instruments

The company enters into basic financial instrument transactions, as appropriate and as when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

15,000

AMORTISATION

At 1 January 2024

12,000

Charge for year

1,500

At 31 December 2024

13,500

NET BOOK VALUE

At 31 December 2024

1,500

At 31 December 2023

3,000

5.	TANGIBLE FIXED ASSETS

Plant &

Motor

Office

Totals

machinery

vehicles

equipment

£

£

£

£

COST

At 1 January 2024

706,783

686,088

19,367

1,328

Additions

588,198

585,998

2,200

-

Disposals

(490,183

)

(490,183

)

-

-

At 31 December 2024

804,798

781,903

21,567

1,328

DEPRECIATION

At 1 January 2024

200,077

185,487

13,822

768

Charge for year

48,627

46,551

1,936

140

Eliminated on disposal

(105,106

)

(105,106

)

-

-

At 31 December 2024

143,598

126,932

15,758

908

NET BOOK VALUE

At 31 December 2024

661,200

654,971

5,809

420

At 31 December 2023

506,706

500,601

5,545

560

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant &

Motor

Totals

machinery

vehicles

£

£

£

COST

At 1 January 2024

657,795

641,345

16,450

Additions

585,998

585,998

-

Disposals

(490,000

)

(490,000

)

-

Transfer to ownership

(16,450

)

-

(16,450

)

At 31 December 2024

737,343

737,343

-

DEPRECIATION

At 1 January 2024

163,260

150,714

12,546

Charge for year

42,062

42,062

-

Eliminated on disposal

(105,000

)

(105,000

)

-

Transfer to ownership

(13,522

)

-

(13,522

)

At 31 December 2024

86,800

87,776

(976

)

NET BOOK VALUE

At 31 December 2024

650,543

649,567

976

At 31 December 2023

494,535

490,631

3,904

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

104,509

69,547

Other debtors

20,638

38,486

125,147

108,033

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

112,162

102,781

Trade creditors

43,733

59,630

Taxation and social security

96,300

44,500

Other creditors

103,821

92,230

366,016

309,141

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

5,000

15,000

Hire purchase contracts

475,203

368,216

480,203

383,216