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REGISTERED NUMBER: 09336540 (England and Wales)













Unaudited Financial Statements

for the Year Ended 29 November 2021

for

M Wilcock Farriers Ltd

M Wilcock Farriers Ltd (Registered number: 09336540)






Contents of the Financial Statements
for the year ended 29 November 2021




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


M Wilcock Farriers Ltd

Company Information
for the year ended 29 November 2021







DIRECTOR: M Wilcock





REGISTERED OFFICE: 9 Laylands Green
Kintbury
Hungerford
Berkshire
RG17 9UL





REGISTERED NUMBER: 09336540 (England and Wales)





ACCOUNTANTS: FS Accountants Limited
44 York Street
Clitheroe
Lancashire
BB7 2DL

M Wilcock Farriers Ltd (Registered number: 09336540)

Abridged Balance Sheet
29 November 2021

29/11/21 29/11/20
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 16,043 16,206
16,043 16,206

CURRENT ASSETS
Stocks 800 800
Debtors 885 600
Cash at bank 4,329 2,786
6,014 4,186
CREDITORS
Amounts falling due within one year 17,226 16,607
NET CURRENT LIABILITIES (11,212 ) (12,421 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,831

3,785

CREDITORS
Amounts falling due after more than one
year

3,896

3,678
NET ASSETS 935 107

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 931 103
SHAREHOLDERS' FUNDS 935 107

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

M Wilcock Farriers Ltd (Registered number: 09336540)

Abridged Balance Sheet - continued
29 November 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 29 November 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 28 August 2022 and were signed by:





M Wilcock - Director


M Wilcock Farriers Ltd (Registered number: 09336540)

Notes to the Financial Statements
for the year ended 29 November 2021

1. STATUTORY INFORMATION

M Wilcock Farriers Ltd 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 2014, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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.

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.

M Wilcock Farriers Ltd (Registered number: 09336540)

Notes to the Financial Statements - continued
for the year ended 29 November 2021

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 1 (2020 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 30 November 2020
and 29 November 2021 15,000
AMORTISATION
At 30 November 2020
and 29 November 2021 15,000
NET BOOK VALUE

At 29 November 2021 -
At 29 November 2020 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 30 November 2020 30,177
Additions 5,206
At 29 November 2021 35,383
DEPRECIATION
At 30 November 2020 13,971
Charge for year 5,369
At 29 November 2021 19,340
NET BOOK VALUE
At 29 November 2021 16,043
At 29 November 2020 16,206

M Wilcock Farriers Ltd (Registered number: 09336540)

Notes to the Financial Statements - continued
for the year ended 29 November 2021

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 30 November 2020 28,098
Additions 5,206
At 29 November 2021 33,304
DEPRECIATION
At 30 November 2020 7,024
Charge for year 4,114
At 29 November 2021 11,138
NET BOOK VALUE
At 29 November 2021 22,166
At 29 November 2020 21,074