Company Registration No. 11966133 (England and Wales)
T G Cordery and Son Ltd
Unaudited accounts
for the year ended 30 April 2023
T G Cordery and Son Ltd
Unaudited accounts
Contents
T G Cordery and Son Ltd
Company Information
for the year ended 30 April 2023
Directors
Trevor Cordery
Daniel Cordery
Company Number
11966133 (England and Wales)
Registered Office
School Master's House
39 College Street
Petersfield
Hampshire
GU31 4AG
United Kingdom
Accountants
Newnham & Son Ltd
School Master's House
39 College Street
Petersfield
Hampshire
GU31 4AG
T G Cordery and Son Ltd
Statement of financial position
as at 30 April 2023
Tangible assets
7,414
9,413
Cash at bank and in hand
58,925
72,064
Creditors: amounts falling due within one year
(22,667)
(35,481)
Net current assets
38,705
37,198
Total assets less current liabilities
46,119
46,611
Provisions for liabilities
Deferred tax
(1,408)
(1,788)
Called up share capital
1
1
Profit and loss account
44,710
44,822
Shareholders' funds
44,711
44,823
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by
Trevor Cordery
Director
Company Registration No. 11966133
T G Cordery and Son Ltd
Notes to the Accounts
for the year ended 30 April 2023
T G Cordery and Son Ltd is a private company, limited by shares, registered in England and Wales, registration number 11966133. The registered office is School Master's House, 39 College Street, Petersfield, Hampshire, GU31 4AG, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Motor vehicles
25% Reducing Balance
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.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2022
630
21,190
-
21,820
At 30 April 2023
630
21,190
474
22,294
At 1 May 2022
157
12,250
-
12,407
Charge for the year
119
2,235
119
2,473
At 30 April 2023
276
14,485
119
14,880
At 30 April 2023
354
6,705
355
7,414
At 30 April 2022
473
8,940
-
9,413
T G Cordery and Son Ltd
Notes to the Accounts
for the year ended 30 April 2023
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
8,521
14,397
Loans from directors
10,226
12,684
7
Transactions with related parties
Dividends totalling £34,949 (2022 - £36,536) were paid to directors and their families during the year.
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).