Registration number: 02765719

Anthony Williams & Co Limited

trading as AW Accountants

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Anthony Williams & Co Limited

trading as AW Accountants

Company Information

Directors

Mr Dominic Derek Geoffrey Stephens Mr Keiron David Stephens

Registered office

Trevenson House Church Road Pool REDRUTH Cornwall TR15 3PT

Anthony Williams & Co Limited

trading as AW Accountants

(Registration number: 02765719)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	185,658	195,430
Tangible assets	5	10,144	13,389
		195,802	208,819
Current assets
Debtors	6	130,118	112,421
Cash at bank and in hand		250,124	252,683
		380,242	365,104
Creditors: Amounts falling due within one year	7	(135,424)	(121,531)
Net current assets		244,818	243,573
Total assets less current liabilities		440,620	452,392
Provisions for liabilities		(2,537)	(3,348)
Net assets		438,083	449,044
Capital and reserves
Called up share capital	8	67,290	67,290
Capital redemption reserve		32,714	32,714
Retained earnings		338,079	349,040
Shareholders' funds		438,083	449,044

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Anthony Williams & Co Limited

trading as AW Accountants

(Registration number: 02765719)
Balance Sheet as at 31 December 2025

Approved and authorised by the Board on 6 July 2026 and signed on its behalf by:
 

Mr Dominic Derek Geoffrey Stephens

Director

Mr Keiron David Stephens

Director

Anthony Williams & Co Limited

trading as AW Accountants

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Trevenson House
Church Road
Pool
REDRUTH
Cornwall
TR15 3PT
United Kingdom

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Anthony Williams & Co Limited

trading as AW Accountants

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & Machinery	20% on cost

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	30 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Anthony Williams & Co Limited

trading as AW Accountants

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 11 (2024 - 12).

Anthony Williams & Co Limited

trading as AW Accountants

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 January 2025	293,150	293,150
At 31 December 2025	293,150	293,150
Amortisation
At 1 January 2025	97,720	97,720
Amortisation charge	9,772	9,772
At 31 December 2025	107,492	107,492
Carrying amount
At 31 December 2025	185,658	185,658
At 31 December 2024	195,430	195,430

5	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 January 2025	33,818	33,818
Additions	1,070	1,070
At 31 December 2025	34,888	34,888
Depreciation
At 1 January 2025	20,429	20,429
Charge for the year	4,315	4,315
At 31 December 2025	24,744	24,744
Carrying amount
At 31 December 2025	10,144	10,144
At 31 December 2024	13,389	13,389

Anthony Williams & Co Limited

trading as AW Accountants

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6

Debtors

Current	2025 £	2024 £
Trade debtors	97,817	98,746
Prepayments	15,080	6,455
Other debtors	17,221	7,220
	130,118	112,421

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	8,344	2,689
Taxation and social security	105,696	95,478
Accruals and deferred income	119	169
Other creditors	21,265	23,195
	135,424	121,531

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A of £1 each	16,667	16,667	16,667	16,667
Ordinary B of £1 each	21,292	21,292	21,292	21,292
Ordinary C of £1 each	6,000	6,000	6,000	6,000
Ordinary D of £1 each	6,666	6,666	6,666	6,666
Ordinary E of £1 each	6,666	6,666	6,666	6,666
Ordinary F of £1 each	6,666	6,666	6,666	6,666
Ordinary G of £1 each	3,333	3,333	3,333	3,333
	67,290	67,290	67,290	67,290