WRE Andrews & Son Limited - Filleted accounts

Registered number

07127450

WRE Andrews & Son Limited

Unaudited Filleted Accounts

31 March 2025

WRE Andrews & Son Limited
Registered number:		07127450
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		36,684			6,072

Current assets
Stocks		55,670			69,592
Debtors	4	81,884			25,019
Cash at bank and in hand		21,513			48,923
		159,067			143,534

Creditors: amounts falling due within one year	5	(168,015)			(135,214)

Net current (liabilities)/assets			(8,948)			8,320

Total assets less current liabilities			27,736			14,392

Creditors: amounts falling due after more than one year	6		(25,939)			(11,945)

Provisions for liabilities			(1,108)			(1,153)


Net assets			689			1,294

Capital and reserves
Called up share capital			100			100
Profit and loss account			589			1,194

Shareholder's funds			689			1,294

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




D M W Andrews
Director
Approved by the board on 17 December 2025

WRE Andrews & Son Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	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. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Premises improvements			10% straight line
	Motor vehicles			20% written down value

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					8		8


3	Tangible fixed assets
				Premises improvements		Motor vehicles		Total
£					£		£
	Cost
	At 1 April 2024			57,942		20,306		78,248
	Additions			-		36,295		36,295
	Disposals			-		(6,699)		(6,699)
	At 31 March 2025			57,942		49,902		107,844

	Depreciation
	At 1 April 2024			57,942		14,234		72,176
	Charge for the year			-		2,948		2,948
	On disposals			-		(3,964)		(3,964)
	At 31 March 2025			57,942		13,218		71,160

	Net book value
	At 31 March 2025			-		36,684		36,684
	At 31 March 2024			-		6,072		6,072


4	Debtors					2025		2024
£							£

	Trade debtors					33,976		3,250
	Director's loan account					34,546		12,668
	Other debtors					13,362		9,101
						81,884		25,019


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					32,772		10,000
	Obligations under finance lease and hire purchase contracts					7,689		2,761
	Trade creditors					77,367		56,113
	Taxation and social security costs					21,658		28,038
	Other creditors					28,529		38,302
						168,015		135,214


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					1,667		11,667
	Obligations under finance lease and hire purchase contracts					24,272		278
						25,939		11,945


7	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					34,490		58,703


8	Financial support

	The company is dependant upon the continued support of its sole director. Without this support the company would not be a going concern.


9	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	D M W Andrews
	Director's loan account	12,668		21,878		-		34,546

		12,668		21,878		-		34,546


10	Controlling party

	The company is ultimately controlled by D M W Andrews.


11	Other information

	WRE Andrews & Son Limited is a private company limited by shares and incorporated in England. Its registered office is:
	James House
	40 Lagland Street
	Poole
	Dorset
	BH15 1QG