2022-05-01 08025233 2023-04-30 08025233 2022-05-01 2023-04-30 08025233 2022-04-30 08025233 2021-05-01 2022-04-30 08025233 uk-core:WithinOneYear 2022-04-30 08025233 uk-core:WithinOneYear 2023-04-30 08025233 uk-core:AfterOneYear 2022-04-30 08025233 uk-core:AfterOneYear 2023-04-30 08025233 uk-core:ShareCapital 2023-04-30 08025233 uk-core:ShareCapital 2022-04-30 08025233 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 08025233 uk-core:RetainedEarningsAccumulatedLosses 2022-04-30 08025233 uk-bus:Director1 2022-05-01 2023-04-30 08025233 uk-bus:Director2 2022-05-01 2023-04-30 08025233 uk-core:MotorVehicles 2022-04-30 08025233 uk-core:PlantMachinery 2022-04-30 08025233 uk-core:PlantMachinery 2023-04-30 08025233 uk-core:MotorVehicles 2023-04-30 08025233 uk-core:MotorVehicles 2022-05-01 2023-04-30 08025233 uk-core:PlantMachinery 2022-05-01 2023-04-30 08025233 uk-core:AfterOneYear uk-core:Secured 2023-04-30 08025233 uk-core:AfterOneYear uk-core:Secured 2022-04-30 iso4217:GBP xbrli:pure 08025233 uk-bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 08025233 uk-bus:FRS102 2022-05-01 2023-04-30 08025233 uk-bus:FullAccounts 2022-05-01 2023-04-30 08025233 uk-bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30
H P Elderton & Sons Limited
Registered Number:08025233
For the year ended 30 April 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2023
H P Elderton & Sons Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
08025233
As at 30 April 2023
H P Elderton & Sons Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
148,479
185,598
2
148,479
185,598
Current assets
Inventories
3,150
6,225
3
Trade and other receivables
2,901
13,221
4
84,641
Cash and cash equivalents
33,814
53,260
90,692
Trade and other payables: amounts falling due within one
year
(27,819)
(14,021)
5
62,873
39,239
Net current assets
Total assets less current liabilities
187,718
248,471
Trade and other payables: amounts falling due after more
than one year
(171,026)
(146,323)
6
41,395
Net assets
77,445
Capital and reserves
Called up share capital
2
2
Retained earnings
41,393
77,443
41,395
77,445
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
James Elderton Director
Paul Elderton Director
These financial statements were approved and authorised for issue by the Board on 18 October 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 April 2023
H P Elderton & Sons Limited
Notes to the Financial Statements
Statutory Information
H P Elderton & Sons Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08025233.
Principal place of business:
1 Chapel Cottages
Beckingham Street
Tolleshunt Major, Maldon
Essex
CM9 8LJ
Registered address:
16 Bentalls Shopping Centre
Colchester Road
Heybridge
Essex
CM9 4GD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.
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5
For the year ended 30 April 2023
H P Elderton & Sons Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 May 2022
556,759
133,344
423,415
At 30 April 2023
423,415
133,344
556,759
Provision for depreciation and impairment
At 01 May 2022
371,161
89,822
281,339
Charge for year
37,119
8,704
28,415
At 30 April 2023
408,280
98,526
309,754
At 30 April 2023
Net book value
113,661
34,818
148,479
At 30 April 2022
142,076
43,522
185,598
3. Inventories
2022
2023
£
£
Stocks
6,225
3,150
4. Trade and other receivables
2022
2023
£
£
Trade debtors
8,303
1,045
Other debtors
4,918
1,856
2,901
13,221
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
4,400
4,225
Taxation and social security
2,292
15,583
Other creditors
7,329
8,011
14,021
27,819
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6
For the year ended 30 April 2023
H P Elderton & Sons Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
-
14,578
Bank loans and overdraft (secured)
29,659
39,784
Other creditors
116,664
116,664
146,323
171,026
7. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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