Company Registration No. 00689574 (England and Wales)
W.F.B.Palmer & Son(Organford)Limited
Unaudited accounts
for the year ended 30 April 2023
W.F.B.Palmer & Son(Organford)Limited
Unaudited accounts
Contents
W.F.B.Palmer & Son(Organford)Limited
Company Information
for the year ended 30 April 2023
Directors
David John Palmer
Patricia Ann Palmer
Company Number
00689574 (England and Wales)
Registered Office
Organford Farmhouse
Organford
Poole
BH16 6EU
Accountants
Prime Entry Ltd
The Office Rose Cottage
Cole Street Lane
Gillingham
Dorset
SP8 5JQ
W.F.B.Palmer & Son(Organford)Limited
Statement of financial position
as at 30 April 2023
Tangible assets
245,966
252,073
Cash at bank and in hand
9,509
10,838
Creditors: amounts falling due within one year
(45,757)
(49,609)
Net current liabilities
(36,248)
(36,901)
Net assets
209,718
215,172
Called up share capital
6,300
6,300
Profit and loss account
203,418
208,872
Shareholders' funds
209,718
215,172
For the year ending 30 April 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 August 2023 and were signed on its behalf by
David John Palmer
Director
Company Registration No. 00689574
W.F.B.Palmer & Son(Organford)Limited
Notes to the Accounts
for the year ended 30 April 2023
W.F.B.Palmer & Son(Organford)Limited is a private company, limited by shares, registered in England and Wales, registration number 00689574. The registered office is Organford Farmhouse, Organford , Poole, BH16 6EU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% red. bal
Plant & machinery
25% Red. bal
Motor vehicles
25% Red. bal
Computer equipment
25% Red. bal
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2022
245,314
70,918
6,195
-
322,427
Disposals
-
(13,000)
-
-
(13,000)
At 30 April 2023
245,314
57,918
6,195
491
309,918
At 1 May 2022
7,335
56,827
6,192
-
70,354
Charge for the year
1,973
3,197
3
123
5,296
Surplus on revaluation
-
(11,698)
-
-
(11,698)
At 30 April 2023
9,308
48,326
6,195
123
63,952
At 30 April 2023
236,006
9,592
-
368
245,966
At 30 April 2022
237,979
14,091
3
-
252,073
W.F.B.Palmer & Son(Organford)Limited
Notes to the Accounts
for the year ended 30 April 2023
Amounts falling due within one year
Accrued income and prepayments
-
1,870
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
44,394
44,394
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).