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Company Registration No. 09436666 (England and Wales)
C & R Schofield Limited Unaudited accounts for the year ended 28 February 2023
C & R Schofield Limited Unaudited accounts Contents
Page
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C & R Schofield Limited Company Information for the year ended 28 February 2023
Directors
Colin Schofield Richard Schofield
Company Number
09436666 (England and Wales)
Registered Office
LEE COTTAGE STOCKS FARM MOSSY LEA ROAD WRIGHTINGTON LANCASHIRE WN6 9RE ENGLAND
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C & R Schofield Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,260 
5,998 
Current assets
Inventories
3,500 
3,500 
Debtors
658 
- 
Cash at bank and in hand
754 
8,933 
4,912 
12,433 
Creditors: amounts falling due within one year
(27,544)
(22,882)
Net current liabilities
(22,632)
(10,449)
Total assets less current liabilities
(15,372)
(4,451)
Creditors: amounts falling due after more than one year
(27,104)
(33,537)
Net liabilities
(42,476)
(37,988)
Capital and reserves
Share premium
100 
100 
Profit and loss account
(42,576)
(38,088)
Shareholders' funds
(42,476)
(37,988)
For the year ending 28 February 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 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.
These accounts 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 FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2023 and were signed on its behalf by
Richard Schofield Director Company Registration No. 09436666
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C & R Schofield Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
C & R Schofield Limited is a private company, limited by shares, registered in England and Wales, registration number 09436666. The registered office is LEE COTTAGE STOCKS FARM, MOSSY LEA ROAD, WRIGHTINGTON, LANCASHIRE, WN6 9RE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2022
19,273 
Additions
2,543 
At 28 February 2023
21,816 
Depreciation
At 1 March 2022
13,275 
Charge for the year
1,281 
At 28 February 2023
14,556 
Net book value
At 28 February 2023
7,260 
At 28 February 2022
5,998 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
658 
- 
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C & R Schofield Limited Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
4,400 
3,645 
Trade creditors
7,929 
17,953 
Loans from directors
14,615 
684 
Accruals
600 
600 
27,544 
22,882 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
27,104 
33,537 
8
Average number of employees
During the year the average number of employees was 1 (2022: 2).
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