Company Registration No. 09891935 (England and Wales)
Witt Management Ltd
Unaudited accounts
for the year ended 30 November 2025
Witt Management Ltd
Unaudited accounts
Contents
Witt Management Ltd
Company Information
for the year ended 30 November 2025
Directors
Gareth Witt
Graham George Witt
Stacey Witt
Company Number
09891935 (England and Wales)
Registered Office
25 Elmhurst Avenue
Yeovil
BA21 4PP
England
Accountants
Wessex Commercial Solutions Limited
Yeovil Innovation Centre
Barracks Close
Yeovil
BA22 8RN
Witt Management Ltd
Statement of financial position
as at 30 November 2025
Tangible assets
40,302
51,682
Cash at bank and in hand
19,331
16,414
Creditors: amounts falling due within one year
(55,441)
(88,506)
Net current assets
91,225
47,889
Total assets less current liabilities
131,527
99,571
Creditors: amounts falling due after more than one year
(83,411)
(66,513)
Called up share capital
404
404
Profit and loss account
47,712
32,654
Shareholders' funds
48,116
33,058
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2026 and were signed on its behalf by
Gareth Witt
Director
Company Registration No. 09891935
Witt Management Ltd
Notes to the Accounts
for the year ended 30 November 2025
Witt Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 09891935. The registered office is 25 Elmhurst Avenue, Yeovil, BA21 4PP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% at reducing balance
Motor vehicles
25% at straight Line
Fixtures & fittings
25% at reducing balance
Computer equipment
25% at reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation - 25% straight line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Witt Management Ltd
Notes to the Accounts
for the year ended 30 November 2025
4
Intangible fixed assets
Goodwill
At 30 November 2025
20,000
At 30 November 2025
20,000
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2024
45,698
7,540
114,212
6,836
174,286
Additions
4,801
-
-
873
5,674
At 30 November 2025
50,499
7,540
114,212
7,709
179,960
At 1 December 2024
28,302
5,655
84,848
3,799
122,604
Charge for the year
6,541
1,885
7,291
1,337
17,054
At 30 November 2025
34,843
7,540
92,139
5,136
139,658
At 30 November 2025
15,656
-
22,073
2,573
40,302
At 30 November 2024
17,396
1,885
29,364
3,037
51,682
Amounts falling due within one year
Accrued income and prepayments
1,086
733
Other debtors
106,868
102,047
Witt Management Ltd
Notes to the Accounts
for the year ended 30 November 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Trade creditors
5,035
11,647
Taxes and social security
1,168
2,853
Other creditors
15,404
45,905
Loans from directors
93
241
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
78,411
54,846
9
Average number of employees
During the year the average number of employees was 19 (2024: 24).