1 January 2024 false No description of principal activity Taxfiler 2024.6 00798326business:PrivateLimitedCompanyLtd2024-01-012024-12-31 007983262023-12-31 007983262024-01-012024-12-31 00798326business:AuditExemptWithAccountantsReport2024-01-012024-12-31 00798326business:FilletedAccounts2024-01-012024-12-31 007983262024-12-31 00798326business:Director12024-01-012024-12-31 00798326business:Director22024-01-012024-12-31 00798326business:RegisteredOffice2024-01-012024-12-31 007983262023-12-31 00798326core:WithinOneYear2024-12-31 00798326core:WithinOneYear2023-12-31 00798326core:AfterOneYear2024-12-31 00798326core:AfterOneYear2023-12-31 00798326core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 00798326core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 00798326core:SharePremiumcore:PreviouslyStatedAmount2024-12-31 00798326core:SharePremiumcore:PreviouslyStatedAmount2023-12-31 00798326core:CapitalRedemptionReservecore:PreviouslyStatedAmount2024-12-31 00798326core:CapitalRedemptionReservecore:PreviouslyStatedAmount2023-12-31 00798326core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 00798326core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 00798326core:PreviouslyStatedAmount2024-12-31 00798326core:PreviouslyStatedAmount2023-12-31 00798326business:SmallEntities2024-01-012024-12-31 00798326countries:EnglandWales2024-01-012024-12-31 00798326core:LandBuildings2024-01-012024-12-31 00798326core:PlantMachinery2024-01-012024-12-31 00798326core:MotorVehicles2024-01-012024-12-31 00798326core:FurnitureFittings2024-01-012024-12-31 00798326core:ComputerEquipment2024-01-012024-12-31 00798326core:LandBuildings2023-12-31 00798326core:PlantMachinery2023-12-31 00798326core:MotorVehicles2023-12-31 00798326core:FurnitureFittings2023-12-31 00798326core:ComputerEquipment2023-12-31 00798326core:LandBuildings2024-12-31 00798326core:PlantMachinery2024-12-31 00798326core:MotorVehicles2024-12-31 00798326core:FurnitureFittings2024-12-31 00798326core:ComputerEquipment2024-12-31 007983262023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 00798326 (England and Wales)
Gwilliams Of Edington Limited Unaudited accounts for the year ended 31 December 2024
Gwilliams Of Edington Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Gwilliams Of Edington Limited Company Information for the year ended 31 December 2024
Directors
Mr S Vine Mrs L Vine
Company Number
00798326 (England and Wales)
Registered Office
Broadway Edington Bridgwater Somerset TA7 9JL United Kingdom
Accountants
TMB Accounting Services Sedgemoor Cottage Chilton Polden Hill Bridgwater Somerset TA7 9AH
- 3 -
Gwilliams Of Edington Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
21,293 
41,198 
Investments
5
1,500 
1,500 
22,793 
42,698 
Current assets
Inventories
141,172 
177,480 
Debtors
6
11,308 
18,213 
Cash at bank and in hand
(32,334)
1,341 
120,146 
197,034 
Creditors: amounts falling due within one year
7
(107,141)
(119,938)
Net current assets
13,005 
77,096 
Total assets less current liabilities
35,798 
119,794 
Creditors: amounts falling due after more than one year
8
(316,856)
(312,878)
Net liabilities
(281,058)
(193,084)
Capital and reserves
Called up share capital
400,000 
400,000 
Share premium
50,000 
50,000 
Capital redemption reserve
600 
600 
Profit and loss account
(731,658)
(643,684)
Shareholders' funds
(281,058)
(193,084)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 September 2025 and were signed on its behalf by
Mr S Vine Director Company Registration No. 00798326
- 4 -
Gwilliams Of Edington Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Gwilliams Of Edington Limited is a private company, limited by shares, registered in England and Wales, registration number 00798326. The registered office is Broadway, Edington, Bridgwater, Somerset, TA7 9JL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line basis
Plant & machinery
25% reducing balance basis
Motor vehicles
25% reducing balance basis
Fixtures & fittings
25% reducing balance basis
Computer equipment
25% reducing balance basis
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
255,980 
9,860 
21,986 
63,409 
8,460 
359,695 
Additions
1,956 
- 
- 
- 
714 
2,670 
At 31 December 2024
257,936 
9,860 
21,986 
63,409 
9,174 
362,365 
Depreciation
At 1 January 2024
217,415 
9,860 
21,986 
61,311 
7,925 
318,497 
Charge for the year
21,742 
- 
- 
525 
308 
22,575 
At 31 December 2024
239,157 
9,860 
21,986 
61,836 
8,233 
341,072 
Net book value
At 31 December 2024
18,779 
- 
- 
1,573 
941 
21,293 
At 31 December 2023
38,565 
- 
- 
2,098 
535 
41,198 
- 5 -
Gwilliams Of Edington Limited Notes to the Accounts for the year ended 31 December 2024
5
Investments
Other investments 
£ 
Valuation at 1 January 2024
1,500 
Valuation at 31 December 2024
1,500 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
796 
2,741 
Other debtors
- 
6,166 
796 
8,907 
Amounts falling due after more than one year
Accrued income and prepayments
10,512 
9,306 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
26,370 
33,031 
VAT
7,485 
6,112 
Trade creditors
67,334 
69,019 
Taxes and social security
2,606 
3,906 
Other creditors
1,097 
614 
Accruals
2,249 
7,256 
107,141 
119,938 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
25,000 
25,000 
Loans from directors
287,984 
287,878 
Accruals
3,872 
- 
316,856 
312,878 
9
Average number of employees
During the year the average number of employees was 12 (2023: 13).
- 6 -