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REGISTERED NUMBER: 08453683 (England and Wales)















T. Hinson and Son Limited

Unaudited Financial Statements

for the Year Ended 31 March 2022






T. Hinson and Son Limited (Registered number: 08453683)






Contents of the Financial Statements
for the year ended 31 March 2022




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


T. Hinson and Son Limited

Company Information
for the year ended 31 March 2022







DIRECTORS: Mr C A Hinson
Mrs A D Hinson





REGISTERED OFFICE: 6 Bridge Street
Wellesbourne
Warwick
Warwickshire
CV35 9QP





REGISTERED NUMBER: 08453683 (England and Wales)





ACCOUNTANTS: Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford Upon Avon
Warwickshire
CV37 9NP

T. Hinson and Son Limited (Registered number: 08453683)

Balance Sheet
31 March 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 5,171
Tangible assets 5 - 10,659
- 15,830

CURRENT ASSETS
Stocks - 15,631
Debtors 6 170 6,147
Cash at bank and in hand 47,407 56,038
47,577 77,816
CREDITORS
Amounts falling due within one year 7 47,575 73,696
NET CURRENT ASSETS 2 4,120
TOTAL ASSETS LESS CURRENT
LIABILITIES

2

19,950

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings - 19,948
SHAREHOLDERS' FUNDS 2 19,950

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

T. Hinson and Son Limited (Registered number: 08453683)

Balance Sheet - continued
31 March 2022


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 14 August 2022 and were signed on its behalf by:




Mr C A Hinson - Director



Mrs A D Hinson - Director


T. Hinson and Son Limited (Registered number: 08453683)

Notes to the Financial Statements
for the year ended 31 March 2022

1. STATUTORY INFORMATION

T. Hinson and 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 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

T. Hinson and Son Limited (Registered number: 08453683)

Notes to the Financial Statements - continued
for the year ended 31 March 2022

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2021 14,775
Disposals (14,775 )
At 31 March 2022 -
AMORTISATION
At 1 April 2021 9,604
Amortisation for year 1,477
Eliminated on disposal (11,081 )
At 31 March 2022 -
NET BOOK VALUE
At 31 March 2022 -
At 31 March 2021 5,171

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2021 16,783 305 35,536 52,624
Disposals (16,783 ) (305 ) (35,536 ) (52,624 )
At 31 March 2022 - - - -
DEPRECIATION
At 1 April 2021 13,799 248 27,918 41,965
Charge for year 596 11 1,524 2,131
Eliminated on disposal (14,395 ) (259 ) (29,442 ) (44,096 )
At 31 March 2022 - - - -
NET BOOK VALUE
At 31 March 2022 - - - -
At 31 March 2021 2,984 57 7,618 10,659

T. Hinson and Son Limited (Registered number: 08453683)

Notes to the Financial Statements - continued
for the year ended 31 March 2022

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 107 2,058
Other debtors 63 4,089
170 6,147

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors - 28,643
Taxation and social security 8,109 4,622
Other creditors 39,466 40,431
47,575 73,696