W. W. Builders Limited


Directors	A Williamson
	B Williamson
	S Williamson


Company Secretary	S Williamson


Registered Address	3 Saint Matthews Cottages
	Westnewton
	Wigton
	CA7 3NS


Registered Number	04513361 (England and Wales)

Balance Sheet as at
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		117,641		111,812
Investments	4		900,000		900,000
			1,017,641		1,011,812
Current assets
Stocks		92,314		132,250
Debtors		53,988		33,359
		146,302		165,609
Creditors amounts falling due within one year		(537,457)		(548,253)
Net current assets (liabilities)			(391,155)		(382,644)
Total assets less current liabilities			626,486		629,168
Creditors amounts falling due after one year			(30,630)		(51,497)
Provisions for liabilities			(42,152)		(40,044)
Net assets			553,704		537,627
Capital and reserves
Called up share capital			1,003		1,003
Revaluation reserve			100,122		100,122
Profit and loss account			452,579		436,502
Shareholders' funds			553,704		537,627

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 25 September 2025, and are signed on its behalf by:

A Williamson
Director
Registered Company No. 04513361

W. W. Builders Limited

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Interest income
	Interest income is recognised using the effective interest rate method.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Finance costs
	Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Investment properties are shown at their deemed fair value, based on a valuation in 2019. The directors are of the opinion that the market value of the properties have not subsequently changed in a material regard. Since investment properties are shown at their fair value they are not subject to depreciation. If investment properties had not been revalued they would have been included at the following historical cost: £731,503 (2024: £731,503). Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Investment properties are shown at their deemed fair value, based on a valuation in 2019.  The directors are of the opinion that the market value of the properties have not subsequently changed in a material regard.

Since investment properties are shown at their fair value they are not subject to depreciation.

If investment properties had not been revalued they would have been included at the following historical cost: £731,503 (2024: £731,503).

Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Land and buildings	2
	Plant and machinery	15
	Fixtures and fittings	25
	Vehicles	25
	Office Equipment	25

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	7		7

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 February 24	371,521
	Additions	17,000
	At 31 January 25	388,521
	Depreciation and impairment
	At 01 February 24	259,708
	Charge for year	11,172
	At 31 January 25	270,880
	Net book value
	At 31 January 25	117,641
	At 31 January 24	111,812

4.	Fixed asset investments

		Total
		£
	Cost or valuation
	At 01 February 24	900,000
	At 31 January 25	900,000
	Net book value
	At 31 January 25	900,000
	At 31 January 24	900,000

5.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	1,500		4,500

6.	Guarantees provided on behalf of directors
	The company is engaged in a number of financial instruments over which security has been offered. The bank overdraft and loans are secured by a fixed and floating charge over the company's assets. The liability arising under the hire purchase agreements that the company has entered into are secured by the assets to which the agreements relate. The directors have given a personal guarantee in relation to the bank loan and overdraft.

Guarantees provided on behalf of directors

The company is engaged in a number of financial instruments over which security has been offered.

The bank overdraft and loans are secured by a fixed and floating charge over the company's assets.

The liability arising under the hire purchase agreements that the company has entered into are secured by the assets to which the agreements relate.

The directors have given a personal guarantee in relation to the bank loan and overdraft.