REGISTERED NUMBER: 04628155

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Waight & Co. Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

PCS Waight

Mrs HA Waight

C Kerwin

SECRETARY:

Mrs HA Waight

REGISTERED OFFICE:

18 OLD GARDENS CLOSE

Tunbridge Wells

Kent

TN2 5LQ

REGISTERED NUMBER:

04628155

ACCOUNTANTS:

P Waight

18 OLD GARDENS CLOSE

Tunbridge Wells

Kent

TN2 5ND

FIXED ASSETS

Intangible assets

4

455,366

447,514

Tangible assets

5

49,556

57,961

504,922

505,475

CURRENT ASSETS

Debtors

6

110,722

99,840

Cash at bank and in hand

30,442

46

141,164

99,886

CREDITORS

Amounts falling due within one year

7

128,769

111,697

NET CURRENT ASSETS/(LIABILITIES)

12,395

(11,811

)

TOTAL ASSETS LESS CURRENT LIABILITIES

517,317

493,664

CREDITORS

Amounts falling due after more than one year

8

(114,149

)

(135,565

)

PROVISIONS FOR LIABILITIES

(10,542

)

(10,542

)

NET ASSETS

392,626

347,557

CAPITAL AND RESERVES

Called up share capital

156

156

Retained earnings

392,470

347,401

SHAREHOLDERS' FUNDS

392,626

347,557

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 14 October 2025 and were signed on its behalf by:

PCS Waight - Director

1.	STATUTORY INFORMATION

Waight & Co. Limited is a private company, limited by shares , registered in Not specified/Other. 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

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

25% on reducing balance and 15% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill has is being written off over thirty years which is its estimated lifetime.

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

95,373

Additions

824

At 31 March 2025

96,197

DEPRECIATION

At 1 April 2024

37,412

Charge for year

9,229

At 31 March 2025

46,641

NET BOOK VALUE

At 31 March 2025

49,556

At 31 March 2024

57,961

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

93,127

82,325

Other debtors

17,595

17,515

110,722

99,840

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

13,522

17,093

Trade creditors

19,334

-

Taxation and social security

84,134

69,922

Other creditors

11,779

24,682

128,769

111,697

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

36,674

54,920

Other creditors

77,475

80,645

114,149

135,565