2022-04-012023-03-312023-03-31false06075016LIDSTERS OF WORKSOP LTD2023-10-2523700iso4217:GBPxbrli:pure060750162022-04-01060750162023-03-31060750162022-04-012023-03-31060750162021-04-01060750162022-03-31060750162021-04-012022-03-3106075016bus:SmallEntities2022-04-012023-03-3106075016bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3106075016bus:AbridgedAccounts2022-04-012023-03-3106075016bus:PrivateLimitedCompanyLtd2022-04-012023-03-3106075016core:WithinOneYear2023-03-3106075016core:AfterOneYear2023-03-3106075016core:WithinOneYear2022-03-3106075016core:AfterOneYear2022-03-3106075016core:ShareCapital2023-03-3106075016core:SharePremium2023-03-3106075016core:RevaluationReserve2023-03-3106075016core:OtherReservesSubtotal2023-03-3106075016core:RetainedEarningsAccumulatedLosses2023-03-3106075016core:ShareCapital2022-03-3106075016core:SharePremium2022-03-3106075016core:RevaluationReserve2022-03-3106075016core:OtherReservesSubtotal2022-03-3106075016core:RetainedEarningsAccumulatedLosses2022-03-3106075016core:LandBuildings2023-03-3106075016core:PlantMachinery2023-03-3106075016core:Vehicles2023-03-3106075016core:FurnitureFittings2023-03-3106075016core:OfficeEquipment2023-03-3106075016core:NetGoodwill2023-03-3106075016core:IntangibleAssetsOtherThanGoodwill2023-03-3106075016core:ListedExchangeTraded2023-03-3106075016core:UnlistedNon-exchangeTraded2023-03-3106075016core:LandBuildings2022-03-3106075016core:PlantMachinery2022-03-3106075016core:Vehicles2022-03-3106075016core:FurnitureFittings2022-03-3106075016core:OfficeEquipment2022-03-3106075016core:NetGoodwill2022-03-3106075016core:IntangibleAssetsOtherThanGoodwill2022-03-3106075016core:ListedExchangeTraded2022-03-3106075016core:UnlistedNon-exchangeTraded2022-03-3106075016core:LandBuildings2022-04-012023-03-3106075016core:PlantMachinery2022-04-012023-03-3106075016core:Vehicles2022-04-012023-03-3106075016core:FurnitureFittings2022-04-012023-03-3106075016core:OfficeEquipment2022-04-012023-03-3106075016core:NetGoodwill2022-04-012023-03-3106075016core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3106075016core:ListedExchangeTraded2022-04-012023-03-3106075016core:UnlistedNon-exchangeTraded2022-04-012023-03-3106075016core:MoreThanFiveYears2022-04-012023-03-3106075016core:Non-currentFinancialInstruments2023-03-3106075016core:Non-currentFinancialInstruments2022-03-3106075016dpl:CostSales2022-04-012023-03-3106075016dpl:DistributionCosts2022-04-012023-03-3106075016dpl:AdministrativeExpenses2022-04-012023-03-3106075016core:LandBuildings2022-04-012023-03-3106075016core:PlantMachinery2022-04-012023-03-3106075016core:Vehicles2022-04-012023-03-3106075016core:FurnitureFittings2022-04-012023-03-3106075016core:OfficeEquipment2022-04-012023-03-3106075016core:NetGoodwill2022-04-012023-03-3106075016core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3106075016dpl:GroupUndertakings2022-04-012023-03-3106075016dpl:ParticipatingInterests2022-04-012023-03-3106075016dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3106075016core:ListedExchangeTraded2022-04-012023-03-3106075016dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3106075016core:UnlistedNon-exchangeTraded2022-04-012023-03-3106075016dpl:CostSales2021-04-012022-03-3106075016dpl:DistributionCosts2021-04-012022-03-3106075016dpl:AdministrativeExpenses2021-04-012022-03-3106075016core:LandBuildings2021-04-012022-03-3106075016core:PlantMachinery2021-04-012022-03-3106075016core:Vehicles2021-04-012022-03-3106075016core:FurnitureFittings2021-04-012022-03-3106075016core:OfficeEquipment2021-04-012022-03-3106075016core:NetGoodwill2021-04-012022-03-3106075016core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3106075016dpl:GroupUndertakings2021-04-012022-03-3106075016dpl:ParticipatingInterests2021-04-012022-03-3106075016dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3106075016core:ListedExchangeTraded2021-04-012022-03-3106075016dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3106075016core:UnlistedNon-exchangeTraded2021-04-012022-03-3106075016core:NetGoodwill2023-03-3106075016core:IntangibleAssetsOtherThanGoodwill2023-03-3106075016core:LandBuildings2023-03-3106075016core:PlantMachinery2023-03-3106075016core:Vehicles2023-03-3106075016core:FurnitureFittings2023-03-3106075016core:OfficeEquipment2023-03-3106075016core:AfterOneYear2023-03-3106075016core:WithinOneYear2023-03-3106075016core:ListedExchangeTraded2023-03-3106075016core:UnlistedNon-exchangeTraded2023-03-3106075016core:ShareCapital2023-03-3106075016core:SharePremium2023-03-3106075016core:RevaluationReserve2023-03-3106075016core:OtherReservesSubtotal2023-03-3106075016core:RetainedEarningsAccumulatedLosses2023-03-3106075016core:NetGoodwill2022-03-3106075016core:IntangibleAssetsOtherThanGoodwill2022-03-3106075016core:LandBuildings2022-03-3106075016core:PlantMachinery2022-03-3106075016core:Vehicles2022-03-3106075016core:FurnitureFittings2022-03-3106075016core:OfficeEquipment2022-03-3106075016core:AfterOneYear2022-03-3106075016core:WithinOneYear2022-03-3106075016core:Liste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LIDSTERS OF WORKSOP LTD

Registered Number
06075016
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

LIDSTERS OF WORKSOP LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

RICHARDSON, John Edward
SPIBEY, Gordon

Company Secretary

RICHARDSON, John Edward

Registered Address

5 Claylands Close
Dukeries Industrial Estate
Worksop
S81 7AJ

Registered Number

06075016 (England and Wales)
LIDSTERS OF WORKSOP LTD
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets5200250
Tangible assets631,17836,353
31,37836,603
Current assets
Stocks298,338276,338
Debtors776,15993,896
Cash at bank and on hand9,52722,946
384,024393,180
Creditors amounts falling due within one year8(606,917)(623,288)
Net current assets (liabilities)(222,893)(230,108)
Total assets less current liabilities(191,515)(193,505)
Net assets(191,515)(193,505)
Capital and reserves
Called up share capital1,0001,000
Profit and loss account(192,515)(194,505)
Shareholders' funds(191,515)(193,505)
The financial statements were approved and authorised for issue by the Board of Directors on 25 October 2023, and are signed on its behalf by:
RICHARDSON, John Edward
Director
Registered Company No. 06075016
LIDSTERS OF WORKSOP LTD
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery15
Fixtures and fittings15
Vehicles25
Office Equipment15
Intangible assets policy
Intangible Fixed Assets are copyright stated at cost and amortised over 20 years on a straight line basis
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leases policy
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year1414
5.Intangible assets

Total

£
Cost or valuation
At 01 April 2231,000
At 31 March 2331,000
Amortisation and impairment
At 01 April 2230,750
Charge for year50
At 31 March 2330,800
Net book value
At 31 March 23200
At 31 March 22250
6.Property, plant and equipment

Total

£
Cost or valuation
At 01 April 22205,563
Additions2,250
At 31 March 23207,813
Depreciation and impairment
At 01 April 22169,210
Charge for year7,425
At 31 March 23176,635
Net book value
At 31 March 2331,178
At 31 March 2236,353
7.Debtors

2023

2022

££
Trade debtors / trade receivables72,05491,623
Other debtors2,105272
Prepayments and accrued income2,0002,001
Total76,15993,896
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

2022

££
Trade creditors / trade payables495,882460,940
Bank borrowings and overdrafts64,039104,962
Taxation and social security43,86551,749
Finance lease and HP contracts3,1315,637
Total606,917623,288
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.