W & S Sandbach Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07546802 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

W & S Sandbach Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Brislen (Jnr)

D Brislen (Snr)

SECRETARY:

REGISTERED OFFICE:

The Office

Moor Lane Farm

Downall Green Road

Ashton in Makerfield

WN4 0NA

REGISTERED NUMBER:

07546802 (England and Wales)

ACCOUNTANTS:

Triton Accountancy Services Ltd

The Office

Moor Lane Farm

Downall Green Road

Ashton in Makerfield

WN4 0NA

FIXED ASSETS

Tangible assets

4

548,033

548,083

CURRENT ASSETS

Stocks

3,408,497

3,342,400

Debtors

5

2,640,242

2,404,171

Cash at bank

139

42

6,048,878

5,746,613

CREDITORS

Amounts falling due within one year

6

2,363,756

2,472,108

NET CURRENT ASSETS

3,685,122

3,274,505

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,233,155

3,822,588

CREDITORS

Amounts falling due after more than
one year

7

(11,172,734

)

(9,340,217

)

PROVISIONS FOR LIABILITIES

9

(500,000

)

(500,000

)

NET LIABILITIES

(7,439,579

)

(6,017,629

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(7,439,679

)

(6,017,729

)

SHAREHOLDERS' FUNDS

(7,439,579

)

(6,017,629

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 December 2025 and were signed on its behalf by:

D Brislen (Snr) - Director

1.	STATUTORY INFORMATION

W & S Sandbach 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.

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

-

15% on cost

Fixtures and fittings

-

10% on cost

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realiseable value.

Costs include all direct expenditure involved in reaching the value included in these accounts.

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 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

COST

At 1 January 2024

and 31 December
2024

548,000

28,335

499

1,534

578,368

DEPRECIATION

At 1 January 2024

-

28,335

416

1,534

30,285

Charge for year

-

50

-

50

At 31 December 2024

-

28,335

466

1,534

30,335

NET BOOK VALUE

At 31 December 2024

548,000

-

33

-

548,033

At 31 December 2023

548,000

-

83

-

548,083

5.

DEBTORS

31.12.24

31.12.23

£

Amounts falling due within one year:

Amounts owed by associates

255,176

463,547

Amounts falling due after more than one year:

Deferred Tax

2,385,066

1,940,624

Aggregate amounts

2,640,242

2,404,171

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

10,648

Trade creditors

1,646,534

1,630,030

Amounts owed to associates

139,000

257,897

VAT

220,376

213,326

Other creditors

71,732

69,232

Directors' current accounts

23,966

Accruals and deferred income

250,000

Accrued expenses

1,500

17,009

2,363,756

2,472,108

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.12.24

31.12.23

£

Debentures - 1-2 years

10,923,632

9,148,698

Bank loans - 1-2 years

10,648

Bank loans - 2-5 years

15,140

19,934

Other creditors

223,314

160,937

11,172,734

9,340,217

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

Bridging Finance Ltd

-

9,148,698

The loan from Bridging Finance Ltd is secured by a debenture and first charge over land owned by the Company and held as trading stock.

9.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

Other provisions

Social Housing Provision

500,000

Other

provisions

£

Balance at 1 January 2024

500,000

Social Housing Provision

Balance at 31 December 2024

500,000