WRE Andrews & Son Limited - Filleted accounts

Registered number

07127450

WRE Andrews & Son Limited

Unaudited Filleted Accounts

31 March 2026

WRE Andrews & Son Limited
Registered number:		07127450
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		28,147			36,684

Current assets
Stocks		51,780			55,670
Debtors	4	23,698			81,884
Cash at bank and in hand		28,421			21,513
		103,899			159,067

Creditors: amounts falling due within one year	5	(111,122)			(168,015)

Net current liabilities			(7,223)			(8,948)

Total assets less current liabilities			20,924			27,736

Creditors: amounts falling due after more than one year	6		(16,584)			(25,939)

Provisions for liabilities			(3,859)			(1,108)


Net assets			481			689

Capital and reserves
Called up share capital			100			100
Profit and loss account			381			589

Shareholder's funds			481			689

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




D M W Andrews
Director
Approved by the board on 31 October 2026

WRE Andrews & Son Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Premises improvements			10% straight line
	Motor vehicles			20% written down value

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					7		8


3	Tangible fixed assets
				Premises improvements		Motor vehicles		Total
£					£		£
	Cost
	At 1 April 2025			57,942		49,902		107,844
	Disposals			-		(4,200)		(4,200)
	At 31 March 2026			57,942		45,702		103,644

	Depreciation
	At 1 April 2025			57,942		13,218		71,160
	Charge for the year			-		7,337		7,337
	On disposals			-		(3,000)		(3,000)
	At 31 March 2026			57,942		17,555		75,497

	Net book value
	At 31 March 2026			-		28,147		28,147
	At 31 March 2025			-		36,684		36,684


4	Debtors					2026		2025
£							£

	Trade debtors					-		33,976
	Director's loan account					8,206		34,546
	Other debtors					15,492		13,362
						23,698		81,884


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					1,667		32,772
	Obligations under finance lease and hire purchase contracts					7,688		7,689
	Trade creditors					60,786		77,367
	Taxation and social security costs					18,841		21,658
	Other creditors					22,140		28,529
						111,122		168,015


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					-		1,667
	Obligations under finance lease and hire purchase contracts					16,584		24,272
						16,584		25,939


7	Other financial commitments					2026		2025
£							£

	Total future minimum payments under non-cancellable operating leases					22,024		34,490


8	Financial support

	The company is dependant upon the continued support of its sole director. Without this support the company would not be a going concern.


9	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	D M W Andrews
	Director's loan account	34,546		8,206		(34,546)		8,206

		34,546		8,206		(34,546)		8,206


10	Controlling party

	The company is ultimately controlled by D M W Andrews.


11	Other information

	WRE Andrews & Son Limited is a private company limited by shares and incorporated in England. Its registered office is:
	James House
	40 Lagland Street
	Poole
	Dorset
	BH15 1QG