HARRISON & WILDON LIMITED |
Registered Number:01319758 |
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
HARRISON & WILDON LIMITED
Statement of Financial Position
2022
2023
Property, plant and equipment |
459,405
459,405
2
459,405
459,405
330,000
740,000
3
Trade and other receivables |
231,491
167,014
4
483,802
Cash and cash equivalents |
21,625
928,639
1,045,293
Trade and other payables: amounts falling due within one |
year |
(405,590)
(453,801)
5
639,703
474,838
Net current assets
Total assets less current liabilities |
934,243
1,099,108
934,243
Net assets
1,099,108
40,106
40,106
894,137
1,059,002
934,243
1,099,108
Shareholders' funds
For the year ended 30 November 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 of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 08 February 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 November 2023
HARRISON & WILDON LIMITED
Notes to the Financial Statements
Statutory Information
HARRISON & WILDON LIMITED is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 01319758. |
21 FULLERS FIELD
SWAN LANE
WESTERFIELD
IPSWICH
IP6 9AX
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
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: |
Plant and machinery
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
would be immaterial. The directors undertake an annual impairment review of these properties. |
Inventories
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. Debtors include amounts recoverable on long term contracts which are stated at the net sales value of the work done after provision for contingencies and any anticipated future losses on contracts, less amounts received as progress payments on account. Any excess progress payments are included in creditors as payments on account. |
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 30 November 2023
HARRISON & WILDON LIMITED
Notes to the Financial Statements Continued
2. Property, plant and equipment |
495,586
75,586
420,000
420,000
75,586
495,586
Provision for depreciation and impairment |
36,181
36,181
-
36,181
36,181
-
420,000
39,405
459,405
420,000
39,405
459,405
2022
2023
740,000
330,000
4. Trade and other receivables |
2022
2023
Amounts owed by group undertakings and participating interests |
163,798
192,902
3,216
38,589
231,491
167,014
5. Trade and other payables: amounts falling due within one year |
2022
2023
318,000
362,870
135,801
42,720
453,801
405,590
6. Average number of persons employed |
During the year the average number of employees was 4 (2022 : 4)
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