REGISTERED NUMBER: 10762377 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

WE Dawson Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

W E Dawson

C S Marsh

Registered office:

114-120 Northgate Street

Chester

CH1 2HT

Registered number:

10762377 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Intangible assets

4

349

416

Tangible assets

5

1,244,179

898,686

1,244,528

899,102

Current assets

Stocks

59,150

48,130

Debtors

6

269,742

308,769

Cash at bank and in hand

101

33,186

328,993

390,085

Creditors

Amounts falling due within one year

7

397,892

337,987

Net current (liabilities)/assets

(68,899

)

52,098

Total assets less current liabilities

1,175,629

951,200

Creditors

Amounts falling due after more than one year

8

(712,227

)

(522,123

)

Provisions for liabilities

10

(103,260

)

(110,997

)

Net assets

360,142

318,080

Capital and reserves

Called up share capital

1

1

Retained earnings

360,141

318,079

360,142

318,080

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2026 and were signed on its behalf by:

W E Dawson - Director

1.	Statutory information

WE Dawson Ltd 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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements

-

10% on cost

Plant and machinery

-

10% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

3.	Employees and directors

The average number of employees during the year was 2 (2025 - 1 ) .

4.	Intangible fixed assets

Patents

and

licences

£

Cost

At 1 April 2025

and 31 March 2026

673

Amortisation

At 1 April 2025

257

Amortisation for year

67

At 31 March 2026

324

Net book value

At 31 March 2026

349

At 31 March 2025

416

5.	Tangible fixed assets

Leasehold

Plant and

Motor

Computer

improvements

machinery

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 April 2025

125,832

852,528

199,025

1,873

1,179,258

Additions

67,388

593,191

1,500

994

663,073

Disposals

-

(190,702

)

(70,980

)

-

(261,682

)

At 31 March 2026

193,220

1,255,017

129,545

2,867

1,580,649

Depreciation

At 1 April 2025

26,766

135,514

117,085

1,207

280,572

Charge for year

19,322

125,502

21,499

664

166,987

Eliminated on disposal

-

(43,358

)

(67,731

)

-

(111,089

)

At 31 March 2026

46,088

217,658

70,853

1,871

336,470

Net book value

At 31 March 2026

147,132

1,037,359

58,692

996

1,244,179

At 31 March 2025

99,066

717,014

81,940

666

898,686

6.

Debtors: amounts falling due within one year

31/3/26

31/3/25

£

£

Trade debtors

70,864

125,024

Other debtors

198,878

183,745

269,742

308,769

7.

Creditors: amounts falling due within one year

31/3/26

31/3/25

£

£

Bank loans and overdrafts

43,976

5,909

Hire purchase contracts

171,151

187,939

Trade creditors

90,361

38,828

Taxation and social security

-

12,125

Other creditors

92,404

93,186

397,892

337,987

8.

Creditors: amounts falling due after more than one year

31/3/26

31/3/25

£

£

Bank loans

-

1,934

Hire purchase contracts

700,450

499,411

Other creditors

11,777

20,778

712,227

522,123

9.	Secured debts

The following secured debts are included within creditors:

31/3/26

31/3/25

£

£

Hire purchase contracts

871,601

687,350

Hire purchase contracts are secured on the underlying assets.

10.	Provisions for liabilities

31/3/26

31/3/25

£

£

Deferred tax

103,260

110,997

Deferred

tax

£

Balance at 1 April 2025

110,997

Credit to Statement of Income and Retained Earnings during year

(7,737

)

Balance at 31 March 2026

103,260

11.	Related party disclosures

A director has made loans to the company. The balance on these loans at 31 March 2026 was £79,711 (2025 - £77,574). These loans are interest free, unsecured and repayable on demand.