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REGISTERED NUMBER: 00995911 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2023

FOR

HENRY T.BILLSON (KETTERING) LIMITED

HENRY T.BILLSON (KETTERING) LIMITED (REGISTERED NUMBER: 00995911)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HENRY T.BILLSON (KETTERING) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2023







DIRECTOR: RJ Clarke





REGISTERED OFFICE: Furnace Park
Old Telford Way
Telford Way Industrial Estate
Kettering
Northamptonshire
NN16 8UN





REGISTERED NUMBER: 00995911 (England and Wales)

HENRY T.BILLSON (KETTERING) LIMITED (REGISTERED NUMBER: 00995911)

BALANCE SHEET
30TH JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 42,446 41,236

CURRENT ASSETS
Stocks 141,789 102,874
Debtors 5 231,913 334,670
Cash at bank and in hand 701,623 437,945
1,075,325 875,489
CREDITORS
Amounts falling due within one year 6 597,846 429,769
NET CURRENT ASSETS 477,479 445,720
TOTAL ASSETS LESS CURRENT
LIABILITIES

519,925

486,956

CREDITORS
Amounts falling due after more than one
year

7

19,911

29,923
NET ASSETS 500,014 457,033

CAPITAL AND RESERVES
Called up share capital 25,000 25,000
Share premium 6,993 6,993
Retained earnings 468,021 425,040
SHAREHOLDERS' FUNDS 500,014 457,033

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

HENRY T.BILLSON (KETTERING) LIMITED (REGISTERED NUMBER: 00995911)

BALANCE SHEET - continued
30TH JUNE 2023


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 director and authorised for issue on 19th October 2023 and were signed by:





RJ Clarke - Director


HENRY T.BILLSON (KETTERING) LIMITED (REGISTERED NUMBER: 00995911)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023


1. STATUTORY INFORMATION

Henry T.Billson (Kettering) 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with it's parent company.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 12.5% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
The company is party to only the basic financial instruments such as cash, trade debtors and creditors and loans. Instruments such as trade debtors and trade creditors are initially recognised at their transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on demand or due within one year, such as bank loans, are measured at amortised cost using the effective interest rate.

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.

HENRY T.BILLSON (KETTERING) LIMITED (REGISTERED NUMBER: 00995911)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023


2. ACCOUNTING POLICIES - continued

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2022 - 18 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st July 2022 213,877 132,109 39,785 385,771
Additions 5,192 - 3,704 8,896
At 30th June 2023 219,069 132,109 43,489 394,667
DEPRECIATION
At 1st July 2022 181,609 123,141 39,785 344,535
Charge for year 5,172 2,284 230 7,686
At 30th June 2023 186,781 125,425 40,015 352,221
NET BOOK VALUE
At 30th June 2023 32,288 6,684 3,474 42,446
At 30th June 2022 32,268 8,968 - 41,236

HENRY T.BILLSON (KETTERING) LIMITED (REGISTERED NUMBER: 00995911)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 166,665 276,690
Other debtors 65,248 57,980
231,913 334,670

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,015 9,767
Trade creditors 160,460 143,130
Amounts owed to group undertakings 386,804 225,704
Taxation and social security 31,143 39,553
Other creditors 9,424 11,615
597,846 429,769

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 19,911 29,923

8. LEASING AGREEMENTS

The company has operating lease commitments of £226,667 (£306,667 : 2022) in respect of land and
buildings. The lease expires in April 2026.

9. RELATED PARTY DISCLOSURES

All material related party transactions with owners holding a participating interest, companies in which
the entity has a participating interest and directors were all concluded under normal market conditions.