2022-02-01 00748220 2023-01-31 00748220 2022-02-01 2023-01-31 00748220 2022-01-31 00748220 2021-02-01 2022-01-31 00748220 uk-core:WithinOneYear 2022-01-31 00748220 uk-core:WithinOneYear 2023-01-31 00748220 uk-core:AfterOneYear 2022-01-31 00748220 uk-core:AfterOneYear 2023-01-31 00748220 uk-core:ShareCapital 2023-01-31 00748220 uk-core:ShareCapital 2022-01-31 00748220 uk-core:InvestmentPropertiesRevaluationReserve 2023-01-31 00748220 uk-core:InvestmentPropertiesRevaluationReserve 2022-01-31 00748220 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 00748220 uk-core:RetainedEarningsAccumulatedLosses 2022-01-31 00748220 uk-bus:Director1 2022-02-01 2023-01-31 00748220 uk-core:Buildings 2022-02-01 2023-01-31 00748220 uk-core:PlantMachinery 2022-02-01 2023-01-31 00748220 uk-core:CommercialMotorVehicles 2022-02-01 2023-01-31 00748220 uk-core:FurnitureFittings 2022-02-01 2023-01-31 00748220 uk-core:FurnitureFittings 2022-01-31 00748220 uk-core:CommercialMotorVehicles 2022-01-31 00748220 uk-core:PlantMachinery 2022-01-31 00748220 uk-core:Buildings 2022-01-31 00748220 uk-core:PlantMachinery 2023-01-31 00748220 uk-core:CommercialMotorVehicles 2023-01-31 00748220 uk-core:FurnitureFittings 2023-01-31 00748220 uk-core:Buildings 2023-01-31 00748220 uk-core:WithinOneYear uk-core:Secured 2023-01-31 00748220 uk-core:WithinOneYear uk-core:Secured 2022-01-31 00748220 uk-core:WithinOneYear 2023-01-31 00748220 uk-core:WithinOneYear 2022-01-31 00748220 uk-core:AfterOneYear uk-core:Secured 2023-01-31 00748220 uk-core:AfterOneYear uk-core:Secured 2022-01-31 iso4217:GBP xbrli:pure 00748220 uk-bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 00748220 uk-bus:FRS102 2022-02-01 2023-01-31 00748220 uk-bus:FullAccounts 2022-02-01 2023-01-31 00748220 uk-bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31
H. Gwyther & Son Limited
Registered Number:00748220
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2023
H. Gwyther & Son Limited
Contents Page
1
Statement of Financial Position
2 to 6
Notes to the Financial Statements
3
Registered Number :
00748220
As at 31 January 2023
H. Gwyther & Son Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
30,515
33,066
2
3
411,555
411,555
Investment property
442,070
444,621
Current assets
Inventories
6,161
3,878
4
Trade and other receivables
498
4,132
5
8,010
6,659
Trade and other payables: amounts falling due within one
year
(46,635)
(55,566)
6
(39,976)
(47,556)
Net current liabilities
Total assets less current liabilities
394,514
404,645
Trade and other payables: amounts falling due after more
than one year
(91,821)
(81,739)
7
(38,865)
(38,655)
Provisions for liabilities
273,910
Net assets
274,169
Capital and reserves
Called up share capital
5,000
5,000
Fair value reserve
394,435
394,435
Retained earnings
(125,525)
(125,266)
273,910
274,169
Shareholders' funds
For the year ended 31 January 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 of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
00748220
For the year ended 31 January 2023
H. Gwyther & Son Limited
Statement of Financial Position Continued
Paula Middleton Director
These financial statements were approved and authorised for issue by the Board on 04 October 2023 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 January 2023
H. Gwyther & Son Limited
Notes to the Financial Statements
Statutory Information
H. Gwyther & Son Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 00748220.
Registered address:
33 Church Street
Bishops Castle
Shropshire
SY9 5AD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
2% Straight line
Plant and Machinery
15% Reducing balance
25% Reducing balance
Motor Vehicles
15% Reducing balance
Furniture and Fittings
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.
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6
For the year ended 31 January 2023
H. Gwyther & Son Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Furniture and
Fittings
Motor Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
£
Cost or
valuation
At 01 February 2022
123,153
6,275
6,896
49,982
60,000
At 31 January 2023
49,982
6,896
6,275
123,153
60,000
Provision for depreciation and impairment
At 01 February 2022
90,087
1,336
6,733
46,185
35,833
Charge for year
2,551
741
41
569
1,200
At 31 January 2023
92,638
2,077
6,774
46,754
37,033
At 31 January 2023
Net book value
22,967
3,228
122
4,198
30,515
At 31 January 2022
24,167
3,797
163
4,939
33,066
In respect of certain fixed assets stated at valuations, the comparable historical cost and depreciation values are as
follows:
Historical cost
£
22,783
At 01 February 2022
Depreciation
13,617
At 01 February 2022
Charge for year
456
At 31 January 2023
14,073
9,166
Net historical cost value:
At 31 January 2022
At 31 January 2023
8,710
3. Investment property
Total
£
Fair value
At 01 February 2022
411,555
At 31 January 2023
411,555
Net book value
At 31 January 2023
411,555
At 31 January 2022
411,555
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7
For the year ended 31 January 2023
H. Gwyther & Son Limited
Notes to the Financial Statements Continued
4. Inventories
2022
2023
£
£
Stocks
3,878
6,161
5. Trade and other receivables
2022
2023
£
£
Trade debtors
4,132
-
Prepayments and accrued income
-
498
498
4,132
6. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
8,647
8,595
Bank loans and overdraft
37,615
32,304
Taxation and social security
-
617
Accruals and deferred income
4,762
2,725
Directors' loan accounts
4,542
2,394
55,566
46,635
7. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
27,309
29,011
Bank loans and overdraft (secured)
54,430
62,810
81,739
91,821
8. Guarantees and other financial commitments
Guarantees and contingent assets and liabilities
HSBC Bank have a charge over the property, 31-33 Church Street, Bishops Castle, SY9 5AD.
9. Average number of persons employed
During the year the average number of employees was 1 (2022 : 2)
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8
For the year ended 31 January 2023
H. Gwyther & Son Limited
Notes to the Financial Statements Continued
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