G J Williams Repair of Old Buildings Ltd

Registered number

05206086

Filleted Accounts

31 October 2025

G J Williams Repair of Old Buildings Ltd
Registered number:		05206086
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		4,739			4,922

Current assets
Stocks		52,500			15,000
Debtors	5	35,204			9,998
		87,704			24,998

Creditors: amounts falling due within one year	6	(151,428)			(95,633)

Net current liabilities			(63,724)			(70,635)

Total assets less current liabilities			(58,985)			(65,713)

Creditors: amounts falling due after more than one year	7		(27,435)			(48,781)



Net liabilities			(86,420)			(114,494)

Capital and reserves
Called up share capital			1			1
Profit and loss account			(86,421)			(114,495)

Shareholder's funds			(86,420)			(114,494)

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.



Mr G Williams
Director
Approved by the board on 15 July 2026

G J Williams Repair of Old Buildings Ltd
Notes to the Accounts
for the year ended 31 October 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	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:

	Plant and machinery			over 5 years
	Commercial vehicles			over 5 years

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Going concern
	The accounts have been prepared on the going concern basis the validaty of which depends on the continued support of the company's director and shareholder.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					7		7


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 November 2024							12,500
	At 31 October 2025							12,500

	Amortisation
	At 1 November 2024							12,500
	At 31 October 2025							12,500

	Net book value
	At 31 October 2025							-

	Goodwill is being written off in equal annual installments over its estimated economic life of 20 years.


4	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 November 2024			183,309		58,213		241,522
	Additions			2,066		-		2,066
	At 31 October 2025			185,375		58,213		243,588

	Depreciation
	At 1 November 2024			178,387		58,213		236,600
	Charge for the year			2,249		-		2,249
	At 31 October 2025			180,636		58,213		238,849

	Net book value
	At 31 October 2025			4,739		-		4,739
	At 31 October 2024			4,922		-		4,922


5	Debtors					2025		2024
£							£

	Trade debtors					24,057		3,179
	Deferred tax asset					9,647		6,819
	Other debtors					1,500		-
						35,204		9,998


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

	Bank loans and overdrafts					32,107		3,728
	Trade creditors					83,429		34,224
	Taxation and social security costs					28,746		41,069
	Director's account					1,933		5,118
	Other creditors					5,213		11,494
						151,428		95,633


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

	Bank loans					27,435		48,781


8	Loans					2025		2024
£							£
	Creditors include:

	Secured bank loans					12,435		23,944

	The above bank loans are secured by a fixed and floating charge over the company's assets.


9	Loans from directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr G. Williams
	Current account	5,118		15,046		(18,231)		1,933

		5,118		15,046		(18,231)		1,933


10	Controlling party

	Throughout the period the company was under the control of Mr G. Williams, the director, who owns 100% of the issued share capital.


11	Other information

	G J Williams Repair of Old Buildings Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	3 Holmer Terrace
	Holmer
	Hereford
	HR4 9RH