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LTD.2023-11-0274902iso4217:GBPxbrli:pure040894172022-04-01040894172023-03-31040894172022-04-012023-03-31040894172021-04-01040894172022-03-31040894172021-04-012022-03-3104089417bus:SmallEntities2022-04-012023-03-3104089417bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3104089417bus:FullAccounts2022-04-012023-03-3104089417bus:PrivateLimitedCompanyLtd2022-04-012023-03-3104089417core:WithinOneYear2023-03-3104089417core:AfterOneYear2023-03-3104089417core:WithinOneYear2022-03-3104089417core:AfterOneYear2022-03-3104089417core:ShareCapital2023-03-3104089417core:SharePremium2023-03-3104089417core:RevaluationReserve2023-03-3104089417core:OtherReservesSubtotal2023-03-3104089417core:RetainedEarningsAccumulatedLosses2023-03-3104089417core:ShareCapital2022-03-3104089417core:SharePremium2022-03-3104089417core:RevaluationReserve2022-03-3104089417core:OtherReservesSubtotal2022-03-3104089417core:RetainedEarningsAccumulatedLosses2022-03-3104089417core:LandBuildings2023-03-3104089417core:PlantMachinery2023-03-3104089417core:Vehicles2023-03-3104089417core:FurnitureFittings2023-03-3104089417core:OfficeEquipment2023-03-3104089417core:NetGoodwill2023-03-3104089417core:IntangibleAssetsOtherThanGoodwill2023-03-3104089417core:ListedExchangeTraded2023-03-3104089417core:UnlistedNon-exchangeTraded2023-03-3104089417core:LandBuildings2022-03-3104089417core:PlantMachinery2022-03-3104089417core:Vehicles2022-03-3104089417core:FurnitureFittings2022-03-3104089417core:OfficeEquipment2022-03-3104089417core:NetGoodwill2022-03-3104089417core:IntangibleAssetsOtherThanGoodwill2022-03-3104089417core:ListedExchangeTraded2022-03-3104089417core:UnlistedNon-exchangeTraded2022-03-3104089417core:LandBuildings2022-04-012023-03-3104089417core:PlantMachinery2022-04-012023-03-3104089417core:Vehicles2022-04-012023-03-3104089417core:FurnitureFittings2022-04-012023-03-3104089417core:OfficeEquipment2022-04-012023-03-3104089417core:NetGoodwill2022-04-012023-03-3104089417core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3104089417core:ListedExchangeTraded2022-04-012023-03-3104089417core:UnlistedNon-exchangeTraded2022-04-012023-03-3104089417core:MoreThanFiveYears2022-04-012023-03-3104089417core:Non-currentFinancialInstruments2023-03-3104089417core:Non-currentFinancialInstruments2022-03-3104089417dpl:CostSales2022-04-012023-03-3104089417dpl:DistributionCosts2022-04-012023-03-3104089417core:LandBuildings2022-04-012023-03-3104089417core:PlantMachinery2022-04-012023-03-3104089417core:Vehicles2022-04-012023-03-3104089417core:FurnitureFittings2022-04-012023-03-3104089417core:OfficeEquipment2022-04-012023-03-3104089417dpl:AdministrativeExpenses2022-04-012023-03-3104089417core:NetGoodwill2022-04-012023-03-3104089417core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3104089417dpl:GroupUndertakings2022-04-012023-03-3104089417dpl:ParticipatingInterests2022-04-012023-03-3104089417dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3104089417core:ListedExchangeTraded2022-04-012023-03-3104089417dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3104089417core:UnlistedNon-exchangeTraded2022-04-012023-03-3104089417dpl:CostSales2021-04-012022-03-3104089417dpl:DistributionCosts2021-04-012022-03-3104089417core:LandBuildings2021-04-012022-03-3104089417core:PlantMachinery2021-04-012022-03-3104089417core:Vehicles2021-04-012022-03-3104089417core:FurnitureFittings2021-04-012022-03-3104089417core:OfficeEquipment2021-04-012022-03-3104089417dpl:AdministrativeExpenses2021-04-012022-03-3104089417core:NetGoodwill2021-04-012022-03-3104089417core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3104089417dpl:GroupUndertakings2021-04-012022-03-3104089417dpl:ParticipatingInterests2021-04-012022-03-3104089417dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3104089417core:ListedExchangeTraded2021-04-012022-03-3104089417dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3104089417core:UnlistedNon-exchangeTraded2021-04-012022-03-3104089417core:NetGoodwill2023-03-3104089417core:IntangibleAssetsOtherThanGoodwill2023-03-3104089417core:LandBuildings2023-03-3104089417core:PlantMachinery2023-03-3104089417core:Vehicles2023-03-3104089417core:FurnitureFittings2023-03-3104089417core:OfficeEquipment2023-03-3104089417core:AfterOneYear2023-03-3104089417core:WithinOneYear2023-03-3104089417core:ListedExchangeTraded2023-03-3104089417core:UnlistedNon-exchangeTraded2023-03-3104089417core:ShareCapital2023-03-3104089417core:SharePremium2023-03-3104089417core:RevaluationReserve2023-03-3104089417core:OtherReservesSubtotal2023-03-3104089417core:RetainedEarningsAccumulatedLosses2023-03-3104089417core:NetGoodwill2022-03-3104089417core:IntangibleAssetsOtherThanGoodwill2022-03-3104089417core:LandBuildings2022-03-3104089417core:PlantMachinery2022-03-3104089417core:Vehicles2022-03-3104089417core:FurnitureFittings2022-03-3104089417core:OfficeEquipment2022-03-3104089417core:AfterOneYear2022-03-3104089417core:WithinOneYear2022-03-3104089417core:ListedEx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ARMSON & PARTNERS LTD.

Registered Number
04089417
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

ARMSON & PARTNERS LTD.
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

FERNIE, Stephen Graham
HEATH, Jonathan Richard William
TOON, Joshua James
WALTERS, Sally Leila

Registered Address

7 Vernon Street
Derby
DE1 1FR

Registered Number

04089417 (England and Wales)
ARMSON & PARTNERS LTD.
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets555,04444,244
Investments6537,677407,025
592,721451,269
Current assets
Debtors10558,652456,194
Cash at bank and on hand358,547218,065
917,199674,259
Creditors amounts falling due within one year11(484,292)(361,883)
Net current assets (liabilities)432,907312,376
Total assets less current liabilities1,025,628763,645
Creditors amounts falling due after one year12(22,435)(69,508)
Provisions for liabilities13(10,458)(8,252)
Net assets992,735685,885
Capital and reserves
Called up share capital150150
Profit and loss account992,585685,735
Shareholders' funds992,735685,885
The financial statements were approved and authorised for issue by the Board of Directors on 2 November 2023, and are signed on its behalf by:
HEATH, Jonathan Richard William
Director
Registered Company No. 04089417
ARMSON & PARTNERS 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
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
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 machinery20
Fixtures and fittings20
Office Equipment20
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
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.
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. Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
Investments policy
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
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 year1411
5.Property, plant and equipment

Plant & machinery

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 April 2225,3936,57475,309107,276
Additions16,9772,9569,79329,726
Disposals-(542)(58,156)(58,698)
At 31 March 2342,3708,98826,94678,304
Depreciation and impairment
At 01 April 225,0781,31556,63963,032
Charge for year6,1151,0972,88410,096
On disposals--(49,868)(49,868)
At 31 March 2311,1932,4129,65523,260
Net book value
At 31 March 2331,1776,57617,29155,044
At 31 March 2220,3155,25918,67044,244
6.Fixed asset investments

Investments in groups1

Total

££
Cost or valuation
At 01 April 22407,025407,025
Additions130,652130,652
At 31 March 23537,677537,677
Net book value
At 31 March 23537,677537,677
At 31 March 22407,025407,025

Notes

1Investments in group undertakings and participating interests
7.Description of financial commitments other than capital commitments
Minimum lease payments under non-cancellable operating leases fall due as follows: Within one year £22,000 Between one and five years £55,000
8.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
FERNIE, Stephen Graham39,35530039,385
HEATH, Jonathan Richard William26,7510026,751
WALTERS, Sally Leila25,14950,000075,149
TOON, Joshua James040,000040,000
91,25590,0300181,285
The loans are repayable on demand.
9.Dividends proposed and payable

2023

2022

££
Dividends Paid288,936283,914
Total288,936283,914
10.Debtors

2023

2022

££
Trade debtors / trade receivables314,163301,485
Other debtors244,489154,709
Total558,652456,194
11.Creditors within one year

2023

2022

££
Trade creditors / trade payables21,4648,153
Bank borrowings and overdrafts9,9528,333
Taxation and social security266,930198,749
Other creditors169,069134,325
Accrued liabilities and deferred income16,87712,323
Total484,292361,883
12.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts22,43534,722
Other creditors-34,786
Total22,43569,508
13.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)10,4588,252
Total10,4588,252