IRIS Accounts Production v23.2.0.158 00991774 director 1.7.22 30.6.23 30.6.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh009917742022-06-30009917742023-06-30009917742022-07-012023-06-30009917742021-06-30009917742021-07-012022-06-30009917742022-06-3000991774ns10:Originalns15:EnglandWales2022-07-012023-06-3000991774ns14:PoundSterlingns10:Original2022-07-012023-06-3000991774ns10:Originalns10:Director12022-07-012023-06-3000991774ns10:Original2022-07-012023-06-3000991774ns10:Original2023-06-3000991774ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3000991774ns10:Originalns10:SmallEntities2022-07-012023-06-3000991774ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3000991774ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3000991774ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3000991774ns10:Originalns10:FullAccounts2022-07-012023-06-3000991774ns10:Originalns10:OrdinaryShareClass12022-07-012023-06-3000991774ns10:CompanySecretary1ns10:Original2022-07-012023-06-3000991774ns10:Originalns10:RegisteredOffice2022-07-012023-06-3000991774ns10:Original2022-06-3000991774ns10:Originalns5:CurrentFinancialInstruments2023-06-3000991774ns10:Originalns5:CurrentFinancialInstruments2022-06-3000991774ns5:ShareCapitalns10:Original2023-06-3000991774ns5:ShareCapitalns10:Original2022-06-3000991774ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3000991774ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3000991774ns10:Originalns5:OwnedOrFreeholdAssetsns5:LandBuildings2022-07-012023-06-3000991774ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-07-012023-06-3000991774ns10:Originalns5:LeaseholdImprovements2022-07-012023-06-3000991774ns10:Originalns5:PlantMachinery2022-07-012023-06-3000991774ns10:Originalns5:MotorVehicles2022-07-012023-06-3000991774ns10:Originalns5:ComputerEquipment2022-07-012023-06-3000991774ns10:Original2021-07-012022-06-3000991774ns10:Originalns5:LandBuildings2022-06-3000991774ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-06-3000991774ns10:Originalns5:LeaseholdImprovements2022-06-3000991774ns10:Originalns5:LandBuildings2022-07-012023-06-3000991774ns10:Originalns5:LandBuildings2023-06-3000991774ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2023-06-3000991774ns10:Originalns5:LeaseholdImprovements2023-06-3000991774ns10:Originalns5:LandBuildings2022-06-3000991774ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-06-3000991774ns10:Originalns5:LeaseholdImprovements2022-06-3000991774ns10:Originalns5:PlantMachinery2022-06-3000991774ns10:Originalns5:MotorVehicles2022-06-3000991774ns10:Originalns5:ComputerEquipment2022-06-3000991774ns10:Original2022-06-3000991774ns10:Originalns5:PlantMachinery2023-06-3000991774ns10:Originalns5:MotorVehicles2023-06-3000991774ns10:Originalns5:ComputerEquipment2023-06-3000991774ns10:Originalns5:PlantMachinery2022-06-3000991774ns10:Originalns5:MotorVehicles2022-06-3000991774ns10:Originalns5:ComputerEquipment2022-06-3000991774ns10:Originalns5:CostValuation2022-06-3000991774ns10:Originalns5:AdditionsToInvestments2023-06-3000991774ns10:Originalns5:CostValuation2023-06-3000991774ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3000991774ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3000991774ns10:Originalns10:OrdinaryShareClass12023-06-30
REGISTERED NUMBER: 00991774 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 June 2023

for

P. A. Booth & Co., Ltd

P. A. Booth & Co., Ltd (Registered number: 00991774)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


P. A. Booth & Co., Ltd

Company Information
for the Year Ended 30 June 2023







DIRECTOR: W H Booth





SECRETARY: Mrs R S Booth





REGISTERED OFFICE: Northgate House
Northgate
Sleaford
Lincolnshire
NG34 7BZ





REGISTERED NUMBER: 00991774 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Northgate House
Northgate
Sleaford
Lincolnshire
NG34 7BZ

P. A. Booth & Co., Ltd (Registered number: 00991774)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 618,330 619,357
Investments 5 450,000 300,000
1,068,330 919,357

CURRENT ASSETS
Stocks 42,408 40,079
Debtors 6 5,121 4,415
Cash at bank 29,270 259,324
76,799 303,818
CREDITORS
Amounts falling due within one year 7 111,597 150,721
NET CURRENT (LIABILITIES)/ASSETS (34,798 ) 153,097
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,033,532

1,072,454

PROVISIONS FOR LIABILITIES 23,061 23,163
NET ASSETS 1,010,471 1,049,291

CAPITAL AND RESERVES
Called up share capital 8 650 650
Retained earnings 1,009,821 1,048,641
SHAREHOLDERS' FUNDS 1,010,471 1,049,291

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 31 October 2023 and were signed by:





W H Booth - Director


P. A. Booth & Co., Ltd (Registered number: 00991774)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

P. A. Booth & Co., Ltd 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.
Land and Buildings - not provided
Short leasehold - not provided
Improvements to property - not provided
Plant and machinery - 25% on reducing balance and 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Valuation
Valuation is valued at the lower of cost and net realisable value. Cost is determined using standard costing calculations prepared by the Central Association of Agricultural Valuers adjusted as necessary by the local valuer to reflect the specific circumstances of the company. Net realisable value is based on estimated selling price, less any further costs of realisation.


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.

Fixed asset investments
Fixed asset investments are stated at cost.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

P. A. Booth & Co., Ltd (Registered number: 00991774)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Improvements
Land and Short to
Buildings leasehold property
£    £    £   
COST
At 1 July 2022 606,603 65,624 109,943
Additions - - -
At 30 June 2023 606,603 65,624 109,943
DEPRECIATION
At 1 July 2022 121,333 61,582 -
Charge for year - - -
At 30 June 2023 121,333 61,582 -
NET BOOK VALUE
At 30 June 2023 485,270 4,042 109,943
At 30 June 2022 485,270 4,042 109,943

Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2022 466,899 68,985 3,803 1,321,857
Additions 4,000 - - 4,000
At 30 June 2023 470,899 68,985 3,803 1,325,857
DEPRECIATION
At 1 July 2022 451,196 64,851 3,538 702,500
Charge for year 3,830 1,033 164 5,027
At 30 June 2023 455,026 65,884 3,702 707,527
NET BOOK VALUE
At 30 June 2023 15,873 3,101 101 618,330
At 30 June 2022 15,703 4,134 265 619,357

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2022 300,000
Additions 150,000
At 30 June 2023 450,000
NET BOOK VALUE
At 30 June 2023 450,000
At 30 June 2022 300,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 5,121 4,415

P. A. Booth & Co., Ltd (Registered number: 00991774)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 19,571 16,046
Taxation and social security 5,178 7,552
Other creditors 86,848 127,123
111,597 150,721

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
650 Ordinary £1 650 650