REGISTERED NUMBER: 04723480 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Reeves Wilkinson Limited

Trading as

Botting & Co

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A N Reeves FCCA

S D Wilkinson BSc FCA FCCA

J Hicks FCCA

H E Hill FCCA

C A Holland-Skinner ACCA

SECRETARY:

H J Wilkinson

REGISTERED OFFICE:

41b Beach Road

Littlehampton

West Sussex

BN17 5JA

REGISTERED NUMBER:

04723480 (England and Wales)

ACCOUNTANTS:

Reeves Wilkinson Limited trading as Botting & Co

Chartered Certified Accountants

41b Beach Road

Littlehampton

West Sussex

BN17 5JA

FIXED ASSETS

Intangible assets

4

158,819

99,716

Tangible assets

5

11,113

11,903

169,932

111,619

CURRENT ASSETS

Debtors

6

325,094

350,583

Cash at bank

36,273

86,969

361,367

437,552

CREDITORS

Amounts falling due within one year

7

(388,192

)

(355,513

)

NET CURRENT (LIABILITIES)/ASSETS

(26,825

)

82,039

TOTAL ASSETS LESS CURRENT LIABILITIES

143,107

193,658

PROVISIONS FOR LIABILITIES

(2,778

)

(2,729

)

NET ASSETS

140,329

190,929

CAPITAL AND RESERVES

Called up share capital

501

501

Share premium

39,920

39,920

Retained earnings

99,908

150,508

SHAREHOLDERS' FUNDS

140,329

190,929

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by:

A N Reeves FCCA - Director

S D Wilkinson BSc FCA FCCA - Director

J Hicks FCCA - Director

H E Hill FCCA - Director

C A Holland-Skinner ACCA - Director

1.	STATUTORY INFORMATION

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

Goodwill

Goodwill, being the amounts paid in connection with the acquisition of businesses are being amortised over their estimated useful lives as follows:

Acquired for £250,000 in October 2003 has now been fully amortised over twenty years.

Acquired for £121,000 in February 2007, subsequently revised to £81,265 under clawback arrangements, has now been fully amortised over four years.

Acquired for £80,000 in March 2009, subsequently revised to £67,780 under clawback arrangements, has now been fully amortised over four years.

Acquired for £345,574 in February 2017, subsequently revised to £278,710 under clawback arrangements, is being amortised over ten years.

Acquired for £33,107 in July 2017 is being amortised over ten years.

Acquired for £23,335 in January 2019, subsequently revised to £22,160 under clawback arrangements, is being amortised over ten years.

Acquired for £100,000 in July 2024 is being amortised over ten years.

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.

Land and buildings

-

Over the term of the lease

Plant and machinery etc

-

25% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

733,021

Additions

100,000

At 31 March 2025

833,021

AMORTISATION

At 1 April 2024

633,305

Charge for year

40,897

At 31 March 2025

674,202

NET BOOK VALUE

At 31 March 2025

158,819

At 31 March 2024

99,716

5.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

and

Computer

improvements

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

37,956

39,390

39,064

116,410

Additions

-

-

5,829

5,829

Disposals

-

-

(10,819

)

(10,819

)

At 31 March 2025

37,956

39,390

34,074

111,420

DEPRECIATION

At 1 April 2024

36,971

36,978

30,558

104,507

Charge for year

985

603

3,101

4,689

Eliminated on disposal

-

-

(8,889

)

(8,889

)

At 31 March 2025

37,956

37,581

24,770

100,307

NET BOOK VALUE

At 31 March 2025

-

1,809

9,304

11,113

At 31 March 2024

985

2,412

8,506

11,903

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

289,686

317,222

Other debtors

35,408

33,361

325,094

350,583

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

18,438

25,961

Taxation and social security

158,070

162,523

Other creditors

211,684

167,029

388,192

355,513

8.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company had total financial commitments of £19,299.