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 directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

William Santus and Co Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Toffee Works, Dorning Street, Wigan, United Kingdom, WN1 1HE. .

The presentation currency of the financial statements is the Pound Sterling (£).

The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A for small entities. There were no material departures from that standard.

The directors have carefully considered the current financial position of the company, taking into account liquidity and future performance. The directors believe that the company will be able to manage its business risks and cash flow for the 12 months following the date of the signing of these accounts. Thus they continue to adopt the going concern basis of accounting in preparing these financial statements. true

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in first-out method and includes the normal cost of transporting stock to its present location and condition. Cost included material and direct labour costs together with an appropriate proportion of production overheads.

The following assets and liabilities are classified as financial instruments – trade debtors, trade creditors, and directors’ loans.

Directors’ loans (being repayable on demand), trade debtors and trade creditors are all shown as being due within one year and therefore have been measured at cost.

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 statement of financial position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis.

There have been no critical judgements that have been made by management which have had a significant effect on the amounts recognised in these financial statements.

The average number of employees during the year was 13 (2025 - 13).

The net book value of tangible fixed assets includes £13,699 (2025 - £18,265) in respect of assets held under hire purchase contracts.

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 30 April 2026 and of its profit for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

The company has rent lease commitments of £28,000 falling due within the next financial year (2024 - £28,000).

LEASING AGREEMENTS

Minimum lease payments fall due as follows:

The bank holds a debenture, dated 16 October 2003, incorporating a fixed and floating charge over all current and future assets of the company.

The company occupies a property which is owned by the directors' pension scheme. Rent of £28,000 (2025 - £28,000) was paid to the pension scheme this year. This rent is deemed to be at the prevailing market rate.

The following advances and credits to directors subsisted during the years ended 30 April 2025:

The company is controlled by the directors, Mr J F Winnard and Mr A B Winnard, by virtue of their shareholding.