T.A.HENN AND SON LIMITED

Company Registration Number:
00529755 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

T.A.HENN AND SON LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

T.A.HENN AND SON LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 344,143 349,116
Investments: 4 4,800 4,800
Total fixed assets: 348,943 353,916
Current assets
Stocks: 389,927 417,574
Debtors:   13,312 3,896
Cash at bank and in hand: 7,599 1,003
Total current assets: 410,838 422,473
Creditors: amounts falling due within one year: 5 (98,511) (90,818)
Net current assets (liabilities): 312,327 331,655
Total assets less current liabilities: 661,270 685,571
Creditors: amounts falling due after more than one year: 6 (23,396) (32,840)
Total net assets (liabilities): 637,874 652,731
Capital and reserves
Called up share capital: 14,000 14,000
Revaluation reserve:7199,600199,600
Profit and loss account: 424,274 439,131
Shareholders funds: 637,874 652,731

The notes form part of these financial statements

T.A.HENN AND SON LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 October 2023
and signed on behalf of the board by:

Name: CJW Henn
Status: Director

The notes form part of these financial statements

T.A.HENN AND SON LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of VAT.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:Fixtures 12.5%/33.3% straight line and 12.5% reducing balanceNo buildings depreciation is charged if freehold property is included in the accounts at a valuation. The surplus or deficit arising from subsequent revaluations is transferred to the revaluation reserve unless it is a deficit, or if its reversal is expected to be permanent, it is recognised in the profit and loss account for the year.

Valuation and information policy

StocksStocks are valued at the lower of cost and estimated net realisable value. Cost is determined on an average basis. Net realisable value is based on the estimated sales price after allowing for all further costs of disposal.

T.A.HENN AND SON LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 5 7

T.A.HENN AND SON LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 568,848
At 28 February 2023 568,848
Depreciation
At 01 March 2022 219,732
Charge for year 4,973
At 28 February 2023 224,705
Net book value
At 28 February 2023 344,143
At 28 February 2022 349,116

T.A.HENN AND SON LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Fixed investments

Other investments are held at cost, adjusted for any impairment below this value.

T.A.HENN AND SON LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Creditors: amounts falling due within one year note

The bank loan is secured by a fixed charge and mortgage debenture over the company's assets.

T.A.HENN AND SON LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6. Creditors: amounts falling due after more than one year note

The bank loan is secured by a fixed charge and mortgage debenture over the company's assets.

T.A.HENN AND SON LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

7. Revaluation reserve

2023
£
Balance at 01 March 2022 199,600
Surplus or deficit after revaluation 0
Balance at 28 February 2023 199,600