1 December 2021 false No description of principal activity Taxfiler 2023.9 05367527business:PrivateLimitedCompanyLtd2021-12-012022-12-31 053675272021-11-30 053675272021-12-012022-12-31 05367527business:AuditExemptWithAccountantsReport2021-12-012022-12-31 05367527business:FilletedAccounts2021-12-012022-12-31 053675272022-12-31 05367527business:Director12021-12-012022-12-31 05367527business:RegisteredOffice2021-12-012022-12-31 053675272021-11-30 05367527core:WithinOneYear2022-12-31 05367527core:WithinOneYear2021-11-30 05367527core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 05367527core:ShareCapitalcore:PreviouslyStatedAmount2021-11-30 05367527core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 05367527core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-11-30 05367527core:PreviouslyStatedAmount2022-12-31 05367527core:PreviouslyStatedAmount2021-11-30 05367527business:SmallEntities2021-12-012022-12-31 05367527countries:EnglandWales2021-12-012022-12-31 05367527core:PlantMachinery2021-12-012022-12-31 05367527core:FurnitureFittings2021-12-012022-12-31 05367527core:ComputerEquipment2021-12-012022-12-31 05367527core:PlantMachinery2021-11-30 05367527core:FurnitureFittings2021-11-30 05367527core:ComputerEquipment2021-11-30 05367527core:PlantMachinery2022-12-31 05367527core:FurnitureFittings2022-12-31 05367527core:ComputerEquipment2022-12-31 05367527core:AcceleratedTaxDepreciationDeferredTax2022-12-31 05367527core:AcceleratedTaxDepreciationDeferredTax2021-11-30 053675272020-11-30 053675272020-12-012021-11-30 iso4217:GBP xbrli:pure
Company Registration No. 05367527 (England and Wales)
B. L. Farrier Supplies Limited Unaudited accounts for the period from 1 December 2021 to 31 December 2022
B. L. Farrier Supplies Limited Unaudited accounts Contents
Page
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B. L. Farrier Supplies Limited Company Information for the period from 1 December 2021 to 31 December 2022
Director
S H Jones
Company Number
05367527 (England and Wales)
Registered Office
Unit 4, Media Point Wrexham Road Mold Flintshire CH7 1XY
Accountants
Bayliss Baines Limited 29 Chester Street Wrexham LL13 8BG
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B. L. Farrier Supplies Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,326 
7,906 
Current assets
Inventories
150,000 
150,000 
Debtors
32,428 
1,294 
Cash at bank and in hand
64,405 
95,836 
246,833 
247,130 
Creditors: amounts falling due within one year
(23,953)
(16,582)
Net current assets
222,880 
230,548 
Total assets less current liabilities
229,206 
238,454 
Provisions for liabilities
Deferred tax
(1,202)
(1,502)
Net assets
228,004 
236,952 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
228,002 
236,950 
Shareholders' funds
228,004 
236,952 
For the period ending 31 December 2022 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 director acknowledges his 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 and authorised for issue on 30 September 2023 and were signed on its behalf by
S H Jones Director Company Registration No. 05367527
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B. L. Farrier Supplies Limited Notes to the Accounts for the period from 1 December 2021 to 31 December 2022
1
Statutory information
B. L. Farrier Supplies Limited is a private company, limited by shares, registered in England and Wales, registration number 05367527. The registered office is Unit 4, Media Point, Wrexham Road, Mold, Flintshire, CH7 1XY.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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:
Plant & machinery
20% reducing balance basis
Fixtures & fittings
20% reducing balance basis
Computer equipment
20% reducing balance basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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B. L. Farrier Supplies Limited Notes to the Accounts for the period from 1 December 2021 to 31 December 2022
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2021
13,039 
15,347 
7,712 
36,098 
At 31 December 2022
13,039 
15,347 
7,712 
36,098 
Depreciation
At 1 December 2021
8,497 
13,136 
6,559 
28,192 
Charge for the period
908 
442 
230 
1,580 
At 31 December 2022
9,405 
13,578 
6,789 
29,772 
Net book value
At 31 December 2022
3,634 
1,769 
923 
6,326 
At 30 November 2021
4,542 
2,211 
1,153 
7,906 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,269 
- 
Other debtors
25,159 
1,294 
32,428 
1,294 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
16,401 
86 
Taxes and social security
6,177 
14,896 
Other creditors
1,375 
1,600 
23,953 
16,582 
7
Deferred taxation
2022 
2021 
£ 
£ 
Accelerated capital allowances
1,202 
1,502 
2022 
2021 
£ 
£ 
Provision at start of period
1,502 
7,334 
Credited to the profit and loss account
(300)
(5,832)
Provision at end of period
1,202 
1,502 
8
Average number of employees
During the period the average number of employees was 2 (2021: 4).
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