IRIS Accounts Production v23.2.0.158 01597160 director 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure015971602022-03-31015971602023-03-31015971602022-04-012023-03-31015971602021-03-31015971602021-04-012022-03-31015971602022-03-3101597160ns16:EnglandWales2022-04-012023-03-3101597160ns15:PoundSterling2022-04-012023-03-3101597160ns11:Director12022-04-012023-03-3101597160ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3101597160ns11:SmallEntities2022-04-012023-03-3101597160ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3101597160ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3101597160ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3101597160ns11:FullAccounts2022-04-012023-03-3101597160ns11:CompanySecretary12022-04-012023-03-3101597160ns11:RegisteredOffice2022-04-012023-03-3101597160ns6:CurrentFinancialInstruments2023-03-3101597160ns6:CurrentFinancialInstruments2022-03-3101597160ns6:Non-currentFinancialInstruments2023-03-3101597160ns6:Non-currentFinancialInstruments2022-03-3101597160ns6:ShareCapital2023-03-3101597160ns6:ShareCapital2022-03-3101597160ns6:FurtherSpecificReserve1ComponentTotalEquity2023-03-3101597160ns6:FurtherSpecificReserve1ComponentTotalEquity2022-03-3101597160ns6:RetainedEarningsAccumulatedLosses2023-03-3101597160ns6:RetainedEarningsAccumulatedLosses2022-03-3101597160ns6:PlantMachinery2022-03-3101597160ns6:PlantMachinery2022-04-012023-03-3101597160ns6:PlantMachinery2023-03-3101597160ns6:PlantMachinery2022-03-3101597160ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-03-3101597160ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-04-012023-03-3101597160ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2023-03-3101597160ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-03-3101597160ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3101597160ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-31
REGISTERED NUMBER: 01597160 (England and Wales)















SENIOR AND DICKSON LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2023






SENIOR AND DICKSON LIMITED (REGISTERED NUMBER: 01597160)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SENIOR AND DICKSON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: D Thorpe





SECRETARY: D Thorpe





REGISTERED OFFICE: Kirk Sandall Industrial Estate
Sandall Stones Road
Doncaster
South Yorkshire
DN3 1QR





REGISTERED NUMBER: 01597160 (England and Wales)






SENIOR AND DICKSON LIMITED (REGISTERED NUMBER: 01597160)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 524,541 528,987

CURRENT ASSETS
Stocks 144,488 210,297
Debtors 5 363,188 677,819
Cash at bank and in hand 458,737 479,047
966,413 1,367,163
CREDITORS
Amounts falling due within one year 6 557,575 856,726
NET CURRENT ASSETS 408,838 510,437
TOTAL ASSETS LESS CURRENT
LIABILITIES

933,379

1,039,424

CREDITORS
Amounts falling due after more than one
year

7

(46,274

)

(81,104

)

PROVISIONS FOR LIABILITIES (99,118 ) (99,843 )
NET ASSETS 787,987 858,477

CAPITAL AND RESERVES
Called up share capital 210,840 210,840
Other reserves 455 455
Retained earnings 576,692 647,182
787,987 858,477

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

SENIOR AND DICKSON LIMITED (REGISTERED NUMBER: 01597160)

BALANCE SHEET - continued
31 MARCH 2023


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 director and authorised for issue on 2 October 2023 and were signed by:





D Thorpe - Director


SENIOR AND DICKSON LIMITED (REGISTERED NUMBER: 01597160)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Senior and Dickson 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.

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
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.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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
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.

SENIOR AND DICKSON LIMITED (REGISTERED NUMBER: 01597160)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 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.

Grant income
Grant income relating to revenue is recognised on an accruals basis. Income is recognised on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate. A grant that becomes receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support with no future related costs is recognised in income in the period in which it becomes receivable

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2022 - 31 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 1,842,534
Additions 128,235
At 31 March 2023 1,970,769
DEPRECIATION
At 1 April 2022 1,313,547
Charge for year 132,681
At 31 March 2023 1,446,228
NET BOOK VALUE
At 31 March 2023 524,541
At 31 March 2022 528,987

SENIOR AND DICKSON LIMITED (REGISTERED NUMBER: 01597160)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS - continued

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

Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 180,696
DEPRECIATION
At 1 April 2022 104,465
Charge for year 19,058
At 31 March 2023 123,523
NET BOOK VALUE
At 31 March 2023 57,173
At 31 March 2022 76,231

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 338,750 645,114
Other debtors 24,438 32,705
363,188 677,819

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 18,750 18,750
Hire purchase contracts 14,850 19,800
Trade creditors 279,269 508,201
Taxation and social security 160,315 217,802
Other creditors 84,391 92,173
557,575 856,726

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 46,274 66,254
Hire purchase contracts - 14,850
46,274 81,104