Woolliss__Son_Ltd_30_Apr_2026_companies_house_set_of

Woolliss & Son Ltd

Statement of Financial Position

30 April 2026

		2026		2025
	Note	£		£
Fixed assets
Tangible assets	5	61,482		51,698
Current assets
Stocks		9,735		8,850
Debtors	6	24,363		17,799
Cash at bank and in hand		78,993		266,208
		113,091		292,857
Creditors: amounts falling due within one year	7	(38,287	)	(105,608	)
Net current assets		74,804		187,249
Total assets less current liabilities		136,286		238,947
Provisions for liabilities		(15,223	)	(12,801	)
Net assets		121,063		226,146
Capital and reserves
Called up share capital		100		100
Profit and loss account		120,963		226,046
Shareholders funds		121,063		226,146

For the year ending

30 April 2026

, 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 financial statements for the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

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.

These

financial statements

were approved by the board of directors and authorised for issue on

27 October 2026

, and are signed on behalf of the board by:

Mr J Woolliss

Director

Company registration number:

10745887

Woolliss & Son Ltd

Notes to the Financial Statements

Year ended

30 April 2026

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

29-31 Mercer Row

Louth

Lincolnshire

LN11 9JG

, United Kingdom.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

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

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures, fittings and equipment	20% Reducing Balance
Motor vehicles	25% Straight Line
Office equipment	33% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was

(2025:

10.00

5 Tangible assets

	Plant and machinery etc.
	£
Cost
At 1 May 2025	102,828
Additions	24,192
At 30 April 2026	127,020
Depreciation
At 1 May 2025	51,130
Charge	14,408
At 30 April 2026	65,538
Carrying amount
At 30 April 2026	61,482
At 30 April 2025	51,698

6 Debtors

	2026	2025
	£	£
Trade debtors	8,561	7,637
Other debtors	15,802	10,162
	24,363	17,799

7 Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	29,774	38,711
Taxation and social security	1,312	55,019
Other creditors	7,201	11,878
	38,287	105,608