Silverfin false 30/04/2023 01/05/2022 30/04/2023 Andrew John Corbyn Wendy Anne Corbyn 21/06/1993 David Garnham Helga Rosalie Garnham 25/03/1994 16 October 2023 no description of principal activity 01800822 2023-04-30 01800822 bus:Director2 2023-04-30 01800822 bus:Director4 2023-04-30 01800822 2022-04-30 01800822 core:CurrentFinancialInstruments 2023-04-30 01800822 core:CurrentFinancialInstruments 2022-04-30 01800822 core:Non-currentFinancialInstruments 2023-04-30 01800822 core:Non-currentFinancialInstruments 2022-04-30 01800822 core:ShareCapital 2023-04-30 01800822 core:ShareCapital 2022-04-30 01800822 core:CapitalRedemptionReserve 2023-04-30 01800822 core:CapitalRedemptionReserve 2022-04-30 01800822 core:RetainedEarningsAccumulatedLosses 2023-04-30 01800822 core:RetainedEarningsAccumulatedLosses 2022-04-30 01800822 2022-05-01 2023-04-30 01800822 bus:AbridgedAccounts 2022-05-01 2023-04-30 01800822 bus:SmallEntities 2022-05-01 2023-04-30 01800822 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 01800822 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 01800822 bus:Director1 2022-05-01 2023-04-30 01800822 bus:Director2 2022-05-01 2023-04-30 01800822 bus:Director3 2022-05-01 2023-04-30 01800822 bus:Director4 2022-05-01 2023-04-30 01800822 core:PlantMachinery 2022-05-01 2023-04-30 01800822 core:FurnitureFittings 2022-05-01 2023-04-30 01800822 2021-05-01 2022-04-30 iso4217:GBP xbrli:pure

Company No: 01800822 (England and Wales)

D.A. GARNHAM AND SON LIMITED

Abridged Unaudited Financial Statements
For the financial year ended 30 April 2023

D.A. GARNHAM AND SON LIMITED

Abridged Unaudited Financial Statements

For the financial year ended 30 April 2023

Contents

D.A. GARNHAM AND SON LIMITED

COMPANY INFORMATION

For the financial year ended 30 April 2023
D.A. GARNHAM AND SON LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 April 2023
DIRECTORS Andrew John Corbyn
Wendy Anne Corbyn
David Garnham
Helga Rosalie Garnham
SECRETARY Wendy Anne Corbyn
REGISTERED OFFICE Gascoyne House Moseleys Farm Business Centre
Fornham All Saints
Bury St Edmunds
IP28 6JY
United Kingdom
COMPANY NUMBER 01800822 (England and Wales)
CHARTERED ACCOUNTANTS Gascoynes
Gascoyne House
Moseleys Farm Business Centre
Fornham All Saints
Bury St Edmunds
Suffolk
IP28 6JY
D.A. GARNHAM AND SON LIMITED

BALANCE SHEET

As at 30 April 2023
D.A. GARNHAM AND SON LIMITED

BALANCE SHEET (continued)

As at 30 April 2023
2023 2022
£ £
Fixed assets
Intangible assets 2 2
Tangible assets 376,394 445,835
376,396 445,837
Current assets
Stocks 15,000 15,000
Debtors 416,324 349,701
Cash at bank and in hand 146,477 66,372
577,801 431,073
Creditors: amounts falling due within one year ( 900,445) ( 812,571)
Net current liabilities (322,644) (381,498)
Total assets less current liabilities 53,752 64,339
Creditors: amounts falling due after more than one year ( 19,656) ( 45,471)
Net assets 34,096 18,868
Capital and reserves
Called-up share capital 2,400 2,400
Capital redemption reserve 500 500
Profit and loss account 31,196 15,968
Total shareholders' funds 34,096 18,868

For the financial 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.

Directors' responsibilities:

The financial statements of D.A. Garnham And Son Limited (registered number: 01800822) were approved and authorised for issue by the Board of Directors on 16 October 2023. They were signed on its behalf by:

Andrew John Corbyn
Director
D.A. GARNHAM AND SON LIMITED

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

For the financial year ended 30 April 2023
D.A. GARNHAM AND SON LIMITED

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

For the financial year ended 30 April 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

D.A. Garnham And Son Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Gascoyne House Moseleys Farm Business Centre, Fornham All Saints, Bury St Edmunds, IP28 6JY, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Intangible assets not amortised
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery 15 % reducing balance
Fixtures and fittings 15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 6 6