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REGISTERED NUMBER: 00123894 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 April 2018

for

William Round & Son Limited

William Round & Son Limited (Registered number: 00123894)

Contents of the Financial Statements
for the Year Ended 30 April 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

William Round & Son Limited

Company Information
for the Year Ended 30 April 2018







DIRECTORS: C D Round
Ms J M Round
Mrs B E Hill





SECRETARY: Mrs B Round





REGISTERED OFFICE: Radclyffe House
66/68 Hagley Road
Birmingham
United Kingdom
B16 8PF





REGISTERED NUMBER: 00123894 (England and Wales)





ACCOUNTANTS: Mallett Jones
Radclyffe House
66/68 Hagley Road
Edgbaston
Birmingham
West Midlands

William Round & Son Limited (Registered number: 00123894)

Balance Sheet
30 April 2018

30.4.18 30.4.17
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 40,000 40,000

CURRENT ASSETS
Debtors 5 3 410
Prepayments and accrued income 327 76
Cash at bank and in hand 277,639 347,757
277,969 348,243
CREDITORS
Amounts falling due within one year 6 (768 ) 7,192
NET CURRENT ASSETS 278,737 341,051
TOTAL ASSETS LESS CURRENT LIABILITIES 318,737 381,051

ACCRUALS AND DEFERRED INCOME 5,500 1,700
NET ASSETS 313,237 379,351

CAPITAL AND RESERVES
Called up share capital 7 23,440 23,440
Other reserves 6,046 6,046
Retained earnings 283,751 349,865
SHAREHOLDERS' FUNDS 313,237 379,351

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 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.

William Round & Son Limited (Registered number: 00123894)

Balance Sheet - continued
30 April 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 18 December 2018 and were signed on its behalf
by:





C D Round - Director


William Round & Son Limited (Registered number: 00123894)

Notes to the Financial Statements
for the Year Ended 30 April 2018


1. STATUTORY INFORMATION

William Round & Son Limited 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes
in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2017
and 30 April 2018 40,000
NET BOOK VALUE
At 30 April 2018 40,000
At 30 April 2017 40,000

William Round & Son Limited (Registered number: 00123894)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2018


4. INVESTMENT PROPERTY - continued

Included in fair value of investment property is freehold land of £ 40,000 (2017 - £ 40,000 ) which is not
depreciated.

The land was valued as at 30 September 2016 by JWL Fellow BSc (Est Man) FRICS for and on behalf of GJS
Dillon Limited

Fair value at 30 April 2018 is represented by:

£   
Valuation in 2016 39,000
Cost 1,000
40,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.18 30.4.17
£    £   
Other debtors 3 410

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.18 30.4.17
£    £   
Trade creditors 276 8,284
Taxation and social security (1,329 ) (1,320 )
Other creditors 285 228
(768 ) 7,192

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 30.4.18 30.4.17
value: £    £   
23,440 Ordinary £1 23,440 23,440

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £45,599 (2017 - £45,599) were paid to the directors .

Dividends of £14,401 (2017 - £14,401) and bookkeeping services of £4,000 (2017 - £5,000) were paid to the
company secretary, Mrs B Round.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
William Round & Son Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a
Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the
Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of William Round & Son Limited for the year ended 30 April 2018 which comprise the Income
Statement, Balance Sheet and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of William Round & Son Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of William Round & Son Limited and state those matters that we have agreed to state to the Board of Directors of William Round & Son Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that William Round & Son Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of William Round & Son Limited. You consider that William Round & Son Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of William Round & Son Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Mallett Jones
Radclyffe House
66/68 Hagley Road
Edgbaston
Birmingham
West Midlands


18 December 2018