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Registered number: 01196977






W L Paxon & Company Limited


UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31/05/2026
























Prepared By:
Goody Chartered Accountants & Tax Advisors
8 Old Forge Court
Colchester Road
Elmstead Market
Essex
CO7 7EA


ACCOUNTS
FOR THE YEAR ENDED 31/05/2026





DIRECTORS
Keith Paxon
Mary Paxon


REGISTERED OFFICE
15 Old Road
Frinton On Sea
Essex
CO13 9DA


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01196977



ACCOUNTANTS
Goody Chartered Accountants & Tax Advisors
8 Old Forge Court
Colchester Road
Elmstead Market
Essex
CO7 7EA


ACCOUNTS
FOR THEYEARENDED31/05/2026



CONTENTS



		Page

Balance Sheet		3

Notes To The Accounts		4


BALANCE SHEET AT 31/05/2026

			2026		2025
	Notes		£		£

FIXED ASSETS
Intangible assets	3		2,000		2,000
Tangible assets	4		1,653		2,359

			3,653		4,359

CURRENT ASSETS
Stock		4,987		4,464
Debtors	6	2,808		1,750
Cash at bank and in hand		45,930		51,448
		53,725		57,662
CREDITORS: Amounts falling due within one year	7	45,422		44,848
NET CURRENT ASSETS			8,303		12,814
TOTAL ASSETS LESS CURRENT LIABILITIES			11,956		17,173


PROVISIONS FOR LIABILITIES AND CHARGES	8		-		448

NET ASSETS			11,956		16,725

CAPITAL AND RESERVES

Called up share capital	9		1,000		1,000
Profit and loss account			10,956		15,725
SHAREHOLDERS' FUNDS			11,956		16,725

For the year ending 31/05/2026 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 02/11/2026 and signed on their behalf by



.............................
Keith Paxon
Director




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Land And Buildings		%
Commercial Vehicles		%
Equipment		%




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




3. INTANGIBLE FIXED ASSETS

	Purchased
	Goodwill	Total
	£	£
Cost
At 01/06/2025	2,000	2,000
At 31/05/2026	2,000	2,000
Depreciation
At 31/05/2026	-	-
Net Book Amounts
At 31/05/2026	2,000	2,000
At 31/05/2025	2,000	2,000




4. TANGIBLE FIXED ASSETS

	Land And	Commercial
	Buildings	Vehicles	Equipment	Total
	£	£	£	£
Cost
At 01/06/2025	16,727	14,603	4,690	36,020
At 31/05/2026	16,727	14,603	4,690	36,020
Depreciation
At 01/06/2025	14,718	14,592	4,351	33,661
For the year	669	3	34	706
At 31/05/2026	15,387	14,595	4,385	34,367
Net Book Amounts
At 31/05/2026	1,340	8	305	1,653
At 31/05/2025	2,009	11	339	2,359




5. STOCK	2026	2025
	£	£
Stock comprises:

Stock	4,987	4,464
	4,987	4,464




6. DEBTORS	2026	2025
	£	£
Amounts falling due within one year
UK corporation tax	1,058	-
Other debtors	1,750	1,750
	2,808	1,750




7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2026	2025
	£	£
UK corporation tax	-	1,512
VAT	1,052	1,388
PAYE control	45	108
Directors current account	35,684	35,684
Trade creditors	5,716	3,867
Other creditors	1,760	1,424
Accruals	1,165	865
	45,422	44,848




8. PROVISIONS FOR LIABILITIES	2026	2025
	£	£
Deferred taxation	-	448
	-	448




9. SHARE CAPITAL	2026	2025
	£	£
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each	1000	1000
	1,000	1,000




2. EMPLOYEES

	2026	2025
	No.	No.
Average number of employees	4	4