Silverfin false 31/03/2023 01/04/2022 31/03/2023 Mr F N Conisbee 13/03/2014 Mr S N Conisbee 13/03/2014 Mr J S Conisbee 13/03/2014 12 November 2023 The principal activity of the company is retail sale of meat products in specialised stores. 8937392 2023-03-31 8937392 bus:Director1 2023-03-31 8937392 bus:Director2 2023-03-31 8937392 bus:Director3 2023-03-31 8937392 2022-03-31 8937392 core:CurrentFinancialInstruments 2023-03-31 8937392 core:CurrentFinancialInstruments 2022-03-31 8937392 core:Non-currentFinancialInstruments 2023-03-31 8937392 core:Non-currentFinancialInstruments 2022-03-31 8937392 core:ShareCapital 2023-03-31 8937392 core:ShareCapital 2022-03-31 8937392 core:RetainedEarningsAccumulatedLosses 2023-03-31 8937392 core:RetainedEarningsAccumulatedLosses 2022-03-31 8937392 core:Goodwill 2022-03-31 8937392 core:Goodwill 2023-03-31 8937392 core:LandBuildings 2022-03-31 8937392 core:PlantMachinery 2022-03-31 8937392 core:Vehicles 2022-03-31 8937392 core:FurnitureFittings 2022-03-31 8937392 core:LandBuildings 2023-03-31 8937392 core:PlantMachinery 2023-03-31 8937392 core:Vehicles 2023-03-31 8937392 core:FurnitureFittings 2023-03-31 8937392 2022-04-01 2023-03-31 8937392 bus:FullAccounts 2022-04-01 2023-03-31 8937392 bus:SmallEntities 2022-04-01 2023-03-31 8937392 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 8937392 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 8937392 bus:Director1 2022-04-01 2023-03-31 8937392 bus:Director2 2022-04-01 2023-03-31 8937392 bus:Director3 2022-04-01 2023-03-31 8937392 core:Goodwill core:TopRangeValue 2022-04-01 2023-03-31 8937392 core:OtherResidualIntangibleAssets 2022-04-01 2023-03-31 8937392 core:LandBuildings 2022-04-01 2023-03-31 8937392 core:PlantMachinery 2022-04-01 2023-03-31 8937392 core:Vehicles 2022-04-01 2023-03-31 8937392 core:FurnitureFittings core:TopRangeValue 2022-04-01 2023-03-31 8937392 2021-04-01 2022-03-31 8937392 core:Goodwill 2022-04-01 2023-03-31 8937392 core:FurnitureFittings 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Company No: 8937392 (England and Wales)

F CONISBEE AND SON LTD

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

F CONISBEE AND SON LTD

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

F CONISBEE AND SON LTD

COMPANY INFORMATION

For the financial year ended 31 March 2023
F CONISBEE AND SON LTD

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2023
DIRECTORS Mr F N Conisbee
Mr S N Conisbee
Mr J S Conisbee
SECRETARY Ms C M Conisbee
REGISTERED OFFICE Park Corner
Ockham Road South
East Horsley
Surrey
KT24 6RZ
United Kingdom
COMPANY NUMBER 8937392 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Hitchcock House
Hilltop Park
Devizes Road
Salisbury
Wiltshire SP3 4UF
F CONISBEE AND SON LTD

BALANCE SHEET

As at 31 March 2023
F CONISBEE AND SON LTD

BALANCE SHEET (continued)

As at 31 March 2023
Note 2023 2022
£ £
Fixed assets
Intangible assets 3 135,000 180,000
Tangible assets 4 109,733 123,795
244,733 303,795
Current assets
Stocks 57,036 48,442
Debtors 5 77,403 214,376
Cash at bank and in hand 51,339 103,904
185,778 366,722
Creditors: amounts falling due within one year 6 ( 175,399) ( 148,106)
Net current assets 10,379 218,616
Total assets less current liabilities 255,112 522,411
Creditors: amounts falling due after more than one year ( 14,017) ( 17,298)
Net assets 241,095 505,113
Capital and reserves
Called-up share capital 1,200 1,200
Profit and loss account 239,895 503,913
Total shareholders' funds 241,095 505,113

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

Directors' responsibilities:

The financial statements of F Conisbee and Son Ltd (registered number: 8937392) were approved and authorised for issue by the Board of Directors on 12 November 2023. They were signed on its behalf by:

Mr S N Conisbee
Director
F CONISBEE AND SON LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
F CONISBEE AND SON LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

F Conisbee and Son Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Park Corner, Ockham Road South, East Horsley, Surrey, KT24 6RZ , United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill 10 years straight line
Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Land and buildings 1 % reducing balance
Plant and machinery 20 % reducing balance
Vehicles 25 % reducing balance
Fixtures and fittings 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 20 20

3. Intangible assets

Goodwill Total
£ £
Cost
At 01 April 2022 450,000 450,000
At 31 March 2023 450,000 450,000
Accumulated amortisation
At 01 April 2022 270,000 270,000
Charge for the financial year 45,000 45,000
At 31 March 2023 315,000 315,000
Net book value
At 31 March 2023 135,000 135,000
At 31 March 2022 180,000 180,000

4. Tangible assets

Land and buildings Plant and machinery Vehicles Fixtures and fittings Total
£ £ £ £ £
Cost
At 01 April 2022 51,380 114,406 48,222 11,684 225,692
Additions 0 5,846 0 0 5,846
At 31 March 2023 51,380 120,252 48,222 11,684 231,538
Accumulated depreciation
At 01 April 2022 3,869 65,669 26,756 5,603 101,897
Charge for the financial year 513 10,626 5,367 3,402 19,908
At 31 March 2023 4,382 76,295 32,123 9,005 121,805
Net book value
At 31 March 2023 46,998 43,957 16,099 2,679 109,733
At 31 March 2022 47,511 48,737 21,466 6,081 123,795

5. Debtors

2023 2022
£ £
Trade debtors 52,999 48,893
Other debtors 24,404 165,483
77,403 214,376

6. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 61,577 36,079
Amounts owed to directors 76,392 0
Accruals 5,810 5,607
Taxation and social security 28,620 69,590
Other creditors 3,000 36,830
175,399 148,106

7. Related party transactions

Transactions with the entity's directors

2023 2022
£ £
At start of the period 137,876 (20,065)
Advanced 187,941 238,557
Repaid (317,816) (82,258)
Interest transactions 1,793 1,642
At end of period 9,794 137,876

Terms of loans to related parties

During the period the company made advance to its 3 directors which are payable on demand.