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REGISTERED NUMBER: 10385457 (England and Wales)















ANDREW HETHERINGTON LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022






ANDREW HETHERINGTON LIMITED (REGISTERED NUMBER: 10385457)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 DECEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ANDREW HETHERINGTON LIMITED

COMPANY INFORMATION
for the Year Ended 31 DECEMBER 2022







DIRECTORS: A Hetherington
Mrs J Hetherington





SECRETARY: Mrs J Hetherington





REGISTERED OFFICE: C/o Brown & Co.
9 Sparken Hill
Worksop
Nottinghamshire
S80 1AX





REGISTERED NUMBER: 10385457 (England and Wales)





ACCOUNTANTS: Brown & Co.
9 Sparken Hill
Worksop
Nottinghamshire
S80 1AX

ANDREW HETHERINGTON LIMITED (REGISTERED NUMBER: 10385457)

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 21,436 26,795
Tangible assets 5 31,727 31,776
53,163 58,571

CURRENT ASSETS
Stocks 24,750 34,453
Debtors 6 58,983 53,200
Cash at bank and in hand 36,410 58,051
120,143 145,704
CREDITORS
Amounts falling due within one year 7 39,589 29,443
NET CURRENT ASSETS 80,554 116,261
TOTAL ASSETS LESS CURRENT
LIABILITIES

133,717

174,832

CREDITORS
Amounts falling due after more than one
year

8

(31,556

)

(41,367

)

PROVISIONS FOR LIABILITIES (6,028 ) (6,037 )
NET ASSETS 96,133 127,428

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 96,132 127,427
96,133 127,428

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ANDREW HETHERINGTON LIMITED (REGISTERED NUMBER: 10385457)

BALANCE SHEET - continued
31 DECEMBER 2022


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2023 and were signed on its behalf by:





A Hetherington - Director


ANDREW HETHERINGTON LIMITED (REGISTERED NUMBER: 10385457)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 DECEMBER 2022

1. STATUTORY INFORMATION

Andrew Hetherington Limited 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost, 20% on reducing balance and 20% 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 Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

ANDREW HETHERINGTON LIMITED (REGISTERED NUMBER: 10385457)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 DECEMBER 2022

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2022
and 31 December 2022 53,590
AMORTISATION
At 1 January 2022 26,795
Charge for year 5,359
At 31 December 2022 32,154
NET BOOK VALUE
At 31 December 2022 21,436
At 31 December 2021 26,795

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2022 54,288
Additions 12,742
Disposals (27,000 )
At 31 December 2022 40,030
DEPRECIATION
At 1 January 2022 22,512
Charge for year 12,496
Eliminated on disposal (26,705 )
At 31 December 2022 8,303
NET BOOK VALUE
At 31 December 2022 31,727
At 31 December 2021 31,776

ANDREW HETHERINGTON LIMITED (REGISTERED NUMBER: 10385457)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 DECEMBER 2022

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 54,385 47,563
Other debtors 3,904 3,243
VAT 694 2,394
58,983 53,200

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 9,736 8,633
Trade creditors 19,287 12,821
Taxation 8,671 6,042
Social security and other taxes 482 726
Other creditors 950 850
Directors' current accounts 463 371
39,589 29,443

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 31,556 41,367