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REGISTERED NUMBER: 08890272 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

FRANCIS JOHNSTON WEST SURREY LIMITED

FRANCIS JOHNSTON WEST SURREY LIMITED (REGISTERED NUMBER: 08890272)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FRANCIS JOHNSTON WEST SURREY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: L D Francis
A Johnston





REGISTERED OFFICE: Energique
Anstey Lane
Alton
Hampshire
GU34 2NB





REGISTERED NUMBER: 08890272 (England and Wales)





ACCOUNTANTS: Tiakyfee Consultants Ltd
5 Dukes Close
Alton
Hampshire
GU34 1PH

FRANCIS JOHNSTON WEST SURREY LIMITED (REGISTERED NUMBER: 08890272)

BALANCE SHEET
31 JULY 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,357 4,476

CURRENT ASSETS
Stocks 5,067 3,750
Debtors 5 62,723 57,975
Cash at bank 18,669 34,018
86,459 95,743
CREDITORS
Amounts falling due within one year 6 52,254 66,731
NET CURRENT ASSETS 34,205 29,012
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,562

33,488

CREDITORS
Amounts falling due after more than one year 7 (7,333 ) (11,333 )

PROVISIONS FOR LIABILITIES (638 ) (850 )
NET ASSETS 29,591 21,305

CAPITAL AND RESERVES
Called up share capital 8 8
Retained earnings 29,583 21,297
29,591 21,305

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

FRANCIS JOHNSTON WEST SURREY LIMITED (REGISTERED NUMBER: 08890272)

BALANCE SHEET - continued
31 JULY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2024 and were signed on its behalf by:





A Johnston - Director


FRANCIS JOHNSTON WEST SURREY LIMITED (REGISTERED NUMBER: 08890272)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

Francis Johnston West Surrey 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.

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 - 33% on cost and 25% on reducing balance

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

Financial instruments
Basic financial instruments are recognised at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, will be measured, initially and subsequently, at the undiscounted amount, unless the transaction is beyond the normal business terms or financed at a rate of interest that is not a market rate.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 23 (2022 - 22 ) .

FRANCIS JOHNSTON WEST SURREY LIMITED (REGISTERED NUMBER: 08890272)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 July 2023 7,858
DEPRECIATION
At 1 August 2022 3,382
Charge for year 1,119
At 31 July 2023 4,501
NET BOOK VALUE
At 31 July 2023 3,357
At 31 July 2022 4,476

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 47,232 43,930
Amounts owed by associates 8,100 8,100
Other debtors 7,391 5,945
62,723 57,975

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 4,000 4,000
Trade creditors 5,248 10,764
Taxation and social security 41,138 49,794
Other creditors 1,868 2,173
52,254 66,731

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans 7,333 11,333

FRANCIS JOHNSTON WEST SURREY LIMITED (REGISTERED NUMBER: 08890272)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2023 and 31 July 2022:

31.7.23 31.7.22
£    £   
L D Francis
Balance outstanding at start of year (24 ) (24 )
Amounts advanced 6,501 8,000
Amounts repaid (6,000 ) (8,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 477 (24 )

A Johnston
Balance outstanding at start of year (284 ) (880 )
Amounts advanced 19,745 30,596
Amounts repaid (19,800 ) (30,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (339 ) (284 )

During the year interest was charged on A Johnston's overdrawn director's loan account at the official HMRC rate. This interest amounted to £32 (2022: £70) and is included within other interest received,

L Francis overdrawn director's loan account was repaid within nine months of the year end.

9. RELATED PARTY DISCLOSURES

Included within Amounts owed by associates is an interest free loan of £8,100 (31.7.22 - £8,100) to The Donkey Public House Limited. Lee Francis is also a director and shareholder of this company.

10. ULTIMATE CONTROLLING PARTY

No one person has ultimate control of the company.