REGISTERED NUMBER: 07210177 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

D.williams Forestry Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D G Williams

REGISTERED OFFICE:

8 Fron Wnion Estate

Dolgellau

LL40 1SL

REGISTERED NUMBER:

07210177 (England and Wales)

ACCOUNTANTS:

EQ Accountants Ltd

47-49 The Square

Kelso

Roxburghshire

TD5 7HW

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

556,828

683,011

Investments

6

100

100

556,928

683,111

CURRENT ASSETS

Debtors

7

384,443

410,955

Cash at bank

10,072

46,554

394,515

457,509

CREDITORS

Amounts falling due within one year

8

250,930

220,660

NET CURRENT ASSETS

143,585

236,849

TOTAL ASSETS LESS CURRENT LIABILITIES

700,513

919,960

CREDITORS

Amounts falling due after more than one year

9

(111,121

)

(255,767

)

PROVISIONS FOR LIABILITIES

(138,500

)

(156,600

)

NET ASSETS

450,892

507,593

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

450,792

507,493

450,892

507,593

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 director acknowledges his 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 director and authorised for issue on 23 December 2025 and were signed by:

D G Williams - Director

1.	STATUTORY INFORMATION

D.williams Forestry 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

Revenue 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 amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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

-

2% on cost

Plant and machinery etc

-

20% 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 1 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

50,000

AMORTISATION

At 1 April 2024

and 31 March 2025

50,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

82,146

1,391,844

1,473,990

Disposals

-

(50,000

)

(50,000

)

At 31 March 2025

82,146

1,341,844

1,423,990

DEPRECIATION

At 1 April 2024

12,981

777,998

790,979

Charge for year

1,643

96,547

98,190

Eliminated on disposal

-

(22,007

)

(22,007

)

At 31 March 2025

14,624

852,538

867,162

NET BOOK VALUE

At 31 March 2025

67,522

489,306

556,828

At 31 March 2024

69,165

613,846

683,011

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

100

NET BOOK VALUE

At 31 March 2025

100

At 31 March 2024

100

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

13,619

40,199

Other debtors

370,824

370,756

384,443

410,955

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

31,606

31,606

Hire purchase contracts

122,904

138,714

Trade creditors

41,022

11,271

Taxation and social security

51,898

33,509

Other creditors

3,500

5,560

250,930

220,660

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

32,898

64,504

Hire purchase contracts

78,223

191,263

111,121

255,767

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31/3/25

31/3/24

£

£

D G Williams

Balance outstanding at start of year

268,056

255,412

Amounts advanced

56,825

66,524

Amounts repaid

(45,412

)

(53,880

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

279,469

268,056

Interest of £6,150 has been calculated and charged on the overdrawn director’s loan account at HMRC’s official rate for beneficial loan arrangements.