2022-04-01 2023-03-31 false Capium Accounts Production 1.1 13276458 bus:FullAccounts 2022-04-01 2023-03-31 13276458 bus:FRS102 2022-04-01 2023-03-31 13276458 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 13276458 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 13276458 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 13276458 2022-04-01 2023-03-31 13276458 2023-03-31 13276458 bus:RegisteredOffice 2022-04-01 2023-03-31 13276458 core:WithinOneYear 2023-03-31 13276458 core:AfterOneYear 2023-03-31 13276458 bus:Director1 2022-04-01 2023-03-31 13276458 bus:Director1 2023-03-31 13276458 bus:Director1 2021-03-18 2022-03-31 13276458 2021-03-18 13276458 bus:CompanySecretary1 2022-04-01 2023-03-31 13276458 bus:LeadAgentIfApplicable 2022-04-01 2023-03-31 13276458 2021-03-18 2022-03-31 13276458 2022-03-31 13276458 core:WithinOneYear 2022-03-31 13276458 core:AfterOneYear 2022-03-31 13276458 bus:EntityAccountantsOrAuditors 2021-03-18 2022-03-31 13276458 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 13276458 bus:OrdinaryShareClass1 2023-03-31 13276458 bus:OrdinaryShareClass1 2021-03-18 2022-03-31 13276458 bus:OrdinaryShareClass1 2022-03-31 13276458 core:LandBuildings 2022-04-01 2023-03-31 13276458 core:LandBuildings 2023-03-31 13276458 core:LandBuildings 2022-03-31 13276458 core:PlantMachinery 2022-04-01 2023-03-31 13276458 core:PlantMachinery 2023-03-31 13276458 core:PlantMachinery 2022-03-31 13276458 core:FurnitureFittings 2022-04-01 2023-03-31 13276458 core:FurnitureFittings 2023-03-31 13276458 core:FurnitureFittings 2022-03-31 13276458 core:ComputerEquipment 2022-04-01 2023-03-31 13276458 core:ComputerEquipment 2023-03-31 13276458 core:ComputerEquipment 2022-03-31 13276458 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 13276458 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-03-31 13276458 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 13276458 core:CostValuation core:Non-currentFinancialInstruments 2022-03-31 13276458 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-03-31 13276458 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-31 13276458 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-31 13276458 core:Non-currentFinancialInstruments 2023-03-31 13276458 core:Non-currentFinancialInstruments 2022-03-31 13276458 core:ShareCapital 2023-03-31 13276458 core:ShareCapital 2022-03-31 13276458 core:RetainedEarningsAccumulatedLosses 2023-03-31 13276458 core:RetainedEarningsAccumulatedLosses 2022-03-31 13276458 dpl:Item1 2022-04-01 13276458 dpl:Item1 2023-03-31 13276458 dpl:Item1 2021-03-18 13276458 dpl:Item1 2022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 13276458
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 31 March 2023

for

ALDRED CRICKET BATS LTD

 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 19,011    24,907 
19,011    24,907 
Current assets      
Stocks 4 45,310    19,372 
Debtors 5 1,536    7,488 
Cash at bank and in hand 47,630    61,901 
94,476    88,761 
Creditors: amount falling due within one year 6 (82,762)   (64,799)
Net current assets 11,714    23,962 
 
Total assets less current liabilities 30,725    48,869 
Provisions for liabilities 7 (605)   (1,315)
Net assets 30,120    47,554 
 

Capital and reserves
     
Called up share capital 8 1    1 
Profit and loss account 30,119    47,553 
Shareholder's funds 30,120    47,554 
 


For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 21 November 2023 and were signed by:


-------------------------------
P Aldred
Director
1
General Information
Aldred Cricket Bats Ltd is a private company, limited by shares, registered in England and Wales, registration number 13276458, registration address 1 Orchard Close, West Hallam, Ilkeston, Derbyshire, DE7 6GT.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard).
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.  Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
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:
Land and Buildings 10% Reducing Balance
Plant and Machinery 25% Reducing Balance
Fixtures and Fittings 15% Reducing Balance
Computer Equipment 33% Reducing Balance
Stocks
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.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 2 (2022 : 2).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Plant and Machinery   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £   £
At 01 April 2022 757    28,655    254    962    30,628 
Additions   358        358 
Disposals        
At 31 March 2023 757    29,013    254    962    30,986 
Depreciation
At 01 April 2022 76    5,345    38    262    5,721 
Charge for year 68    5,835    33    318    6,254 
On disposals        
At 31 March 2023 144    11,180    71    580    11,975 
Net book values
Closing balance as at 31 March 2023 613    17,833    183    382    19,011 
Opening balance as at 01 April 2022 681    23,310    216    700    24,907 


4.

Stocks

2023
£
  2022
£
Stocks 45,310    19,372 
45,310    19,372 

5.

Debtors: amounts falling due within one year

2023
£
  2022
£
Prepayments & Accrued Income 1,536    1,159 
VAT   6,329 
1,536    7,488 

6.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 560   
Corporation Tax 3,512    9,941 
PAYE & Social Security 200    183 
Accrued Expenses 1,001    1,063 
Wages & Salaries Control Account 140    313 
Directors' Current Accounts 73,833    53,299 
VAT 3,516   
82,762    64,799 

7.

Provisions for liabilities

2023
£
  2022
£
Deferred Tax 1,315   
Charged to Profit & Loss (710)   1,315 
605    1,315 

8.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
1 Class A share of £1.00 each  
 

2