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REGISTERED NUMBER: 00565282 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023

FOR

ANDREW DAVIDSON & SON LIMITED

ANDREW DAVIDSON & SON LIMITED (REGISTERED NUMBER: 00565282)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ANDREW DAVIDSON & SON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 5 APRIL 2023







DIRECTORS: A A Davidson
Mrs S A Davidson
A W Davidson





SECRETARY: Mrs S A Davidson





REGISTERED OFFICE: Dengewell Hall
Wix
Essex
CO11 2RU





REGISTERED NUMBER: 00565282 (England and Wales)





ACCOUNTANTS: Richard Sexton & Co LLP
3 Manor Road
Colchester
Essex
CO3 3LU

ANDREW DAVIDSON & SON LIMITED (REGISTERED NUMBER: 00565282)

BALANCE SHEET
5 APRIL 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 592,289 577,349

CURRENT ASSETS
Stocks 151,552 207,439
Debtors 5 52,204 24,576
Cash at bank 42,482 4,952
246,238 236,967
CREDITORS
Amounts falling due within one year 6 238,723 281,166
NET CURRENT ASSETS/(LIABILITIES) 7,515 (44,199 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

599,804

533,150

CAPITAL AND RESERVES
Called up share capital 7 16,000 16,000
Other reserves 8 40 40
Retained earnings 8 583,764 517,110
SHAREHOLDERS' FUNDS 599,804 533,150

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2023 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2023 and were signed on its behalf by:





A A Davidson - Director


ANDREW DAVIDSON & SON LIMITED (REGISTERED NUMBER: 00565282)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

1. STATUTORY INFORMATION

Andrew Davidson & 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Freehold property is not depreciated on the grounds that maintenance expenditure results in the residual value of the property being not materially different from the current carrying value. Depreciation is calculated so as to write off the cost of other fixed assets over their estimated useful lives as follows:

Short Leasehold - 10% per annum on a straight line basis
Plant & machinery, fixtures, fittings & equipment - at rates ranging from 15% to 28% per annum on reducing balance.

Stocks
The farm valuation is carried out by a firm of independent valuers on the basis of the lower of cost and net realisable value.

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.

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.

ANDREW DAVIDSON & SON LIMITED (REGISTERED NUMBER: 00565282)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2023

2. ACCOUNTING POLICIES - continued

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 13 (2022 - 17 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Short Plant and and
property leasehold machinery fittings Totals
£    £    £    £    £   
COST
At 6 April 2022 486,307 273,978 1,004,043 40,551 1,804,879
Additions - - 46,413 - 46,413
At 5 April 2023 486,307 273,978 1,050,456 40,551 1,851,292
DEPRECIATION
At 6 April 2022 - 273,978 914,117 39,435 1,227,530
Charge for year - - 31,249 224 31,473
At 5 April 2023 - 273,978 945,366 39,659 1,259,003
NET BOOK VALUE
At 5 April 2023 486,307 - 105,090 892 592,289
At 5 April 2022 486,307 - 89,926 1,116 577,349

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 40,320 11,480
Other debtors 4,769 3,051
Prepayments and accrued income 7,115 10,045
52,204 24,576

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 73,367 89,459
Social security and other taxes 3,368 4,805
Other creditors 156,682 181,596
Accrued expenses 5,306 5,306
238,723 281,166

ANDREW DAVIDSON & SON LIMITED (REGISTERED NUMBER: 00565282)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
16,000 Ordinary £1 16,000 16,000

8. RESERVES
Retained Other
earnings reserves Totals
£    £    £   

At 6 April 2022 517,110 40 517,150
Profit for the year 66,654 66,654
At 5 April 2023 583,764 40 583,804

9. RELATED PARTY DISCLOSURES

During the year the company paid rents of £37,230 (2021 £37,230) to the directors of the company.

10. ULTIMATE CONTROLLING PARTY

The company is under the control of A A Davidson who owns 56.25% of the issued share capital.