REGISTERED NUMBER: 03745693 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Window on Wales Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs I J Prickett

Mr P.M Prickett

SECRETARY:

Mrs I J Prickett

REGISTERED OFFICE:

Williamston House

7 Goat Street

Haverfordwest

Pembrokeshire

SA61 1PX

REGISTERED NUMBER:

03745693 (England and Wales)

SOLICITORS:

Eaton Evans and Morris

Dark Street

HAVERFORDWEST

Pembrokeshire

SA61 2DB

FIXED ASSETS

Tangible assets

4

20,533

24,148

CURRENT ASSETS

Stocks

5

270,622

265,304

Debtors

6

172,421

115,145

Cash at bank and in hand

293,047

345,665

736,090

726,114

CREDITORS

Amounts falling due within one year

7

66,256

58,898

NET CURRENT ASSETS

669,834

667,216

TOTAL ASSETS LESS CURRENT LIABILITIES

690,367

691,364

PROVISIONS FOR LIABILITIES

5,023

6,029

NET ASSETS

685,344

685,335

CAPITAL AND RESERVES

Called up share capital

1,200

1,200

Retained earnings

684,144

684,135

SHAREHOLDERS' FUNDS

685,344

685,335

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 23 October 2025 and were signed on its behalf by:

Mr P.M Prickett - Director

Mrs I J Prickett - Director

1.	STATUTORY INFORMATION

Window on Wales 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.

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 net sales made via retail shops excluding VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to leasehold property

-

4% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Fixtures

leasehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 February 2024

692

7,178

43,056

37,686

88,612

Additions

-

1,250

250

-

1,500

At 31 January 2025

692

8,428

43,306

37,686

90,112

DEPRECIATION

At 1 February 2024

250

3,617

35,970

24,627

64,464

Charge for year

28

722

1,100

3,265

5,115

At 31 January 2025

278

4,339

37,070

27,892

69,579

NET BOOK VALUE

At 31 January 2025

414

4,089

6,236

9,794

20,533

At 31 January 2024

442

3,561

7,086

13,059

24,148

5.

STOCKS

31.1.25

31.1.24

£

£

Stocks

270,622

265,304

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Directors' current accounts

164,547

92,284

Tax

4,089

20,626

Prepayments

3,785

2,235

172,421

115,145

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Corporation Tax

37,302

38,191

Social Security and Other Taxes

1,274

505

VAT

8,045

5,700

Accrued expenses

19,635

14,502

66,256

58,898

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25

31.1.24

£

£

Mrs I J Prickett and Mr P.M Prickett

Balance outstanding at start of year

92,284

92,581

Amounts advanced

207,914

111,703

Amounts repaid

(135,650

)

(112,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

164,548

92,284

During the period the directors were charged interest of £1,413.51 (2024 £1,254.32) by the company in respect of their director loan.

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £115,000 (2024 - £92,000) were paid to the directors .

During the period the company paid rent of £20,000 (2024: £20,000) to its directors for use of its premises.