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REGISTERED NUMBER: 07703814 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

I A BOTCHERBY LTD

I A BOTCHERBY LTD (REGISTERED NUMBER: 07703814)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


I A BOTCHERBY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: I A Botcherby





REGISTERED OFFICE: Woodstock Car Sales
Middletown
Hailey
Oxfordshire
OX29 9UF





REGISTERED NUMBER: 07703814 (England and Wales)





ACCOUNTANTS: Jamesons Limited
Jamesons House
Compton Way
Witney
OX28 3AB

I A BOTCHERBY LTD (REGISTERED NUMBER: 07703814)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 70,252 16,306

CURRENT ASSETS
Stocks 1,101,882 1,609,135
Debtors 5 78,278 149,419
Cash at bank 85,409 23,440
1,265,569 1,781,994
CREDITORS
Amounts falling due within one year 6 807,990 957,281
NET CURRENT ASSETS 457,579 824,713
TOTAL ASSETS LESS CURRENT LIABILITIES 527,831 841,019

CREDITORS
Amounts falling due after more than one
year

7

18,579

28,194
NET ASSETS 509,252 812,825

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 509,152 812,725
SHAREHOLDERS' FUNDS 509,252 812,825

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

I A BOTCHERBY LTD (REGISTERED NUMBER: 07703814)

BALANCE SHEET - continued
31 JULY 2023


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 22 November 2023 and were signed by:





I A Botcherby - Director


I A BOTCHERBY LTD (REGISTERED NUMBER: 07703814)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

I A Botcherby 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Freehold property - Straight line over 5 years
Plant and machinery - 25% on cost
Fixtures and fittings - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

I A BOTCHERBY LTD (REGISTERED NUMBER: 07703814)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 August 2022 9,805 39,195 25,517 74,517
Additions - 64,941 346 65,287
At 31 July 2023 9,805 104,136 25,863 139,804
DEPRECIATION
At 1 August 2022 9,805 33,275 15,131 58,211
Charge for year - 7,091 4,250 11,341
At 31 July 2023 9,805 40,366 19,381 69,552
NET BOOK VALUE
At 31 July 2023 - 63,770 6,482 70,252
At 31 July 2022 - 5,920 10,386 16,306

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 18,194 109,641
Other debtors 60,084 39,778
78,278 149,419

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,800 10,800
Trade creditors 38,341 122,566
Taxation and social security 139,616 270,155
Other creditors 619,233 553,760
807,990 957,281

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 18,579 28,194

I A BOTCHERBY LTD (REGISTERED NUMBER: 07703814)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 52,000 52,000
Between one and five years 125,667 177,667
177,667 229,667

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100