2022-10-012023-09-302023-09-30false01465656BOLT AND NUT SUPPLIES LIMITED2024-02-02iso4217:GBPxbrli:pure014656562022-10-01014656562023-09-30014656562022-10-012023-09-30014656562021-10-01014656562022-09-30014656562021-10-012022-09-3001465656bus:SmallEntities2022-10-012023-09-3001465656bus:AuditExempt-NoAccountantsReport2022-10-012023-09-3001465656bus:FullAccounts2022-10-012023-09-3001465656bus:PrivateLimitedCompanyLtd2022-10-012023-09-3001465656core:WithinOneYear2023-09-3001465656core:AfterOneYear2023-09-3001465656core:WithinOneYear2022-09-3001465656core:AfterOneYear2022-09-3001465656core:ShareCapital2023-09-3001465656core:SharePremium2023-09-3001465656core:RevaluationReserve2023-09-3001465656core:OtherReservesSubtotal2023-09-3001465656core:RetainedEarningsAccumulatedLosses2023-09-3001465656core:ShareCapital2022-09-3001465656core:SharePremium2022-09-3001465656core:RevaluationReserve2022-09-3001465656core:OtherReservesSubtotal2022-09-3001465656core:RetainedEarningsAccumulatedLosses2022-09-3001465656core:LandBuildings2023-09-3001465656core:PlantMachinery2023-09-3001465656core:Vehicles2023-09-3001465656core:FurnitureFittings2023-09-3001465656core:OfficeEquipment2023-09-3001465656core:NetGoodwill2023-09-3001465656core:IntangibleAssetsOtherThanGoodwill2023-09-3001465656core:ListedExchangeTraded2023-09-3001465656core:UnlistedNon-exchangeTraded2023-09-3001465656core:LandBuildings2022-09-3001465656core:PlantMachinery2022-09-3001465656core:Vehicles2022-09-3001465656core:FurnitureFittings2022-09-3001465656core:OfficeEquipment2022-09-3001465656core:NetGoodwill2022-09-3001465656core:IntangibleAssetsOtherThanGoodwill2022-09-3001465656core:ListedExchangeTraded2022-09-3001465656core:UnlistedNon-exchangeTraded2022-09-3001465656core:LandBuildings2022-10-012023-09-3001465656core:PlantMachinery2022-10-012023-09-3001465656core:Vehicles2022-10-012023-09-3001465656core:FurnitureFittings2022-10-012023-09-3001465656core:OfficeEquipment2022-10-012023-09-3001465656core:NetGoodwill2022-10-012023-09-3001465656core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3001465656core:ListedExchangeTraded2022-10-012023-09-3001465656core:UnlistedNon-exchangeTraded2022-10-012023-09-3001465656core:MoreThanFiveYears2022-10-012023-09-3001465656core:Non-currentFinancialInstruments2023-09-3001465656core:Non-currentFinancialInstruments2022-09-3001465656dpl:CostSales2022-10-012023-09-3001465656dpl:DistributionCosts2022-10-012023-09-3001465656core:LandBuildings2022-10-012023-09-3001465656core:PlantMachinery2022-10-012023-09-3001465656core:Vehicles2022-10-012023-09-3001465656core:FurnitureFittings2022-10-012023-09-3001465656core:OfficeEquipment2022-10-012023-09-3001465656dpl:AdministrativeExpenses2022-10-012023-09-3001465656core:NetGoodwill2022-10-012023-09-3001465656core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3001465656dpl:GroupUndertakings2022-10-012023-09-3001465656dpl:ParticipatingInterests2022-10-012023-09-3001465656dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-012023-09-3001465656core:ListedExchangeTraded2022-10-012023-09-3001465656dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-012023-09-3001465656core:UnlistedNon-exchangeTraded2022-10-012023-09-3001465656dpl:CostSales2021-10-012022-09-3001465656dpl:DistributionCosts2021-10-012022-09-3001465656core:LandBuildings2021-10-012022-09-3001465656core:PlantMachinery2021-10-012022-09-3001465656core:Vehicles2021-10-012022-09-3001465656core:FurnitureFittings2021-10-012022-09-3001465656core:OfficeEquipment2021-10-012022-09-3001465656dpl:AdministrativeExpenses2021-10-012022-09-3001465656core:NetGoodwill2021-10-012022-09-3001465656core:IntangibleAssetsOtherThanGoodwill2021-10-012022-09-3001465656dpl:GroupUndertakings2021-10-012022-09-3001465656dpl:ParticipatingInterests2021-10-012022-09-3001465656dpl:GroupUndertakingscore:ListedExchangeTraded2021-10-012022-09-3001465656core:ListedExchangeTraded2021-10-012022-09-3001465656dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-10-012022-09-3001465656core:UnlistedNon-exchangeTraded2021-10-012022-09-3001465656core:NetGoodwill2023-09-3001465656core:IntangibleAssetsOtherThanGoodwill2023-09-3001465656core:LandBuildings2023-09-3001465656core:PlantMachinery2023-09-3001465656core:Vehicles2023-09-3001465656core:FurnitureFittings2023-09-3001465656core:OfficeEquipment2023-09-3001465656core:AfterOneYear2023-09-3001465656core:WithinOneYear2023-09-3001465656core:ListedExchangeTraded2023-09-3001465656core:UnlistedNon-exchangeTraded2023-09-3001465656core:ShareCapital2023-09-3001465656core:SharePremium2023-09-3001465656core:RevaluationReserve2023-09-3001465656core:OtherReservesSubtotal2023-09-3001465656core:RetainedEarningsAccumulatedLosses2023-09-3001465656core:NetGoodwill2022-09-3001465656core:IntangibleAssetsOtherThanGoodwill2022-09-3001465656core:LandBuildings2022-09-3001465656core:PlantMachinery2022-09-3001465656core:Vehicles2022-09-3001465656core:FurnitureFittings2022-09-3001465656core:OfficeEquipment2022-09-3001465656core:AfterOneYear2022-09-3001465656core:WithinOneYear2022-09-3001465656core:ListedExchangeTraded2022-09-3001465656core:UnlistedNon-exchangeTraded2022-09-3001465656core:ShareCapital2022-09-3001465656core:SharePremium2022-09-3001465656core:RevaluationReserve2022-09-3001465656core:OtherReservesSubtotal2022-09-3001465656core:RetainedEarningsAccumulatedLosses2022-09-3001465656core:NetGoodwill2021-10-0101465656core:IntangibleAssetsOtherThanGoodwill2021-10-0101465656core:LandBuildings2021-10-0101465656core:PlantMachinery2021-10-0101465656core:Vehicles2021-10-0101465656core:FurnitureFittings2021-10-0101465656core:OfficeEquipment2021-10-0101465656core:AfterOneYear2021-10-0101465656core:WithinOneYear2021-10-0101465656core:ListedExchangeTraded2021-10-0101465656core:UnlistedNon-exchangeTraded2021-10-0101465656core:ShareCapital2021-10-0101465656core:SharePremium2021-10-0101465656core:RevaluationReserve2021-10-0101465656core:OtherReservesSubtotal2021-10-0101465656core:RetainedEarningsAccumulatedLosses2021-10-0101465656core:AfterOneYear2022-10-012023-09-3001465656core:WithinOneYear2022-10-012023-09-3001465656core:Non-currentFinancialInstrumentscore:CostValuation2022-10-012023-09-3001465656core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-10-012023-09-3001465656core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-10-012023-09-3001465656core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-10-012023-09-3001465656core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-10-012023-09-3001465656core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-10-012023-09-3001465656core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-10-012023-09-3001465656core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-10-012023-09-3001465656core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-10-012023-09-3001465656core:Non-currentFinancialInstrumentscore:CostValuation2023-09-3001465656core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-3001465656core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-3001465656core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-3001465656core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-3001465656core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-3001465656core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-3001465656core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-3001465656core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-3001465656core:Non-currentFinancialInstrumentscore:CostValuation2022-09-3001465656core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-09-3001465656core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-09-3001465656core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-09-3001465656core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-09-3001465656core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-09-3001465656core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-09-3001465656core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-09-3001465656core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-09-3001465656bus:Director12022-10-012023-09-3001465656bus:Director22022-10-012023-09-3001465656bus:Director32022-10-012023-09-3001465656core:FurnitureFittingsToolsEquipment2022-09-3001465656core:FurnitureFittingsToolsEquipment2022-10-012023-09-3001465656core:FurnitureFittingsToolsEquipment2023-09-30

BOLT AND NUT SUPPLIES LIMITED

Registered Number
01465656
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2023

BOLT AND NUT SUPPLIES LIMITED
Company Information
for the year from 1 October 2022 to 30 September 2023

Directors

HALL, Ann Elizabeth
HALL, Matthew James
HALL, Sarah Elizabeth

Company Secretary

HALL, Ann Elizabeth

Registered Address

Unit 1 West Prospect Park
Grangefield Road
Pudsey
LS28 6LF

Registered Number

01465656 (England and Wales)
BOLT AND NUT SUPPLIES LIMITED
Statement of Financial Position
30 September 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets6189,212214,714
189,212214,714
Current assets
Stocks8277,921282,182
Debtors9106,89699,742
Cash at bank and on hand166302
384,983382,226
Creditors amounts falling due within one year10(284,289)(303,665)
Net current assets (liabilities)100,69478,561
Total assets less current liabilities289,906293,275
Creditors amounts falling due after one year11(108,402)(129,270)
Provisions for liabilities13(2,585)(1,287)
Net assets178,919162,718
Capital and reserves
Called up share capital3,5003,500
Other reserves3,5003,500
Profit and loss account171,919155,718
Shareholders' funds178,919162,718
The financial statements were approved and authorised for issue by the Board of Directors on 2 February 2024, and are signed on its behalf by:
HALL, Matthew James
Director
HALL, Sarah Elizabeth
Director

Registered Company No. 01465656
BOLT AND NUT SUPPLIES LIMITED
Notes to the Financial Statements
for the year ended 30 September 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Principal activities
The principle activity continued to be that of engineering merchants.
3.Basis of measurement used in financial statements
The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
4.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
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 sales of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Land and buildings-50
Fixtures and fittings334
Vehicles-4
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete the sale. The impairment loss is recognised immediately in the Income Statement
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Government grants and other government assistance policy
Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income. Grants of a revenue nature are recognised in the Income Statement in the same period as the related expenditure.
Leases policy
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the Statement of Financial Position. They are depreciated over the shorter of their useful lives or the term of the lease. All other lease arrangements are classified as an operating lease Payments made under operating leases are charged to the Income Statement on a straight line basis over the lease term.
Employee benefits policy
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in accruals in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.
Valuation of financial instruments policy
The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares. Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Employee information

20232022
Average number of employees during the year77
6.Property, plant and equipment

Land & buildings

Vehicles

Fixtures & fittings

Total

££££
Cost or valuation
At 01 October 22214,03171,030114,253399,314
Additions--1,5751,575
Disposals-(42,933)-(42,933)
At 30 September 23214,03128,097115,828357,956
Depreciation and impairment
At 01 October 2229,93742,332112,331184,600
Charge for year4,2814,7218949,896
On disposals-(25,752)-(25,752)
At 30 September 2334,21821,301113,225168,744
Net book value
At 30 September 23179,8136,7962,603189,212
At 30 September 22184,09428,6981,922214,714
7.Creditors or instalments due after 5 years
Bank loans include amounts repayable after more than five years amounting to £104,980 (2022: £ £114,417).
8.Stocks
Stocks are stated at the lower of cost and estimated net realisable value. A provision is recognised at each reporting date for slow moving or obsolete stock.

2023

2022

££
Finished goods277,921282,182
Total277,921282,182
9.Debtors

2023

2022

££
Trade debtors / trade receivables102,25092,313
Other debtors4,6467,429
Total106,89699,742
10.Creditors within one year

2023

2022

££
Trade creditors / trade payables95,10079,221
Bank borrowings and overdrafts27,74526,430
Taxation and social security28,46521,751
Finance lease and HP contracts-6,371
Other creditors132,979169,892
Total284,289303,665
11.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts108,402129,270
Total108,402129,270
Finance lease and HP contracts equal are included within other creditors and are secured against the assets to which they relate.
12.Finance lease and HP contracts after one year
13.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)2,5851,287
Total2,5851,287