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REGISTERED NUMBER: 00570520 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

TUCKER BROS. LIMITED

TUCKER BROS. LIMITED (REGISTERED NUMBER: 00570520)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TUCKER BROS. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: D S Tucker
M P Kent
R L Kent
C M Tucker
D Coe





SECRETARY: D S Tucker





REGISTERED OFFICE: 32 Station Lane
Hornchurch
Essex
RM12 6JR





REGISTERED NUMBER: 00570520 (England and Wales)





ACCOUNTANTS: Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN

TUCKER BROS. LIMITED (REGISTERED NUMBER: 00570520)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 753,826 757,204
Investments 5 1 1
753,827 757,205

CURRENT ASSETS
Inventories 76,710 85,029
Debtors 6 233,874 258,159
Cash at bank and in hand 138,242 114,492
448,826 457,680
CREDITORS
Amounts falling due within one year 7 99,225 99,511
NET CURRENT ASSETS 349,601 358,169
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,103,428

1,115,374

CAPITAL AND RESERVES
Called up share capital 2,475 2,475
Revaluation reserve 8 482,875 482,875
Capital redemption reserve 1,025 1,025
Retained earnings 617,053 628,999
SHAREHOLDERS' FUNDS 1,103,428 1,115,374

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.

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 10 April 2024 and were signed on its behalf by:




C M Tucker - Director


TUCKER BROS. LIMITED (REGISTERED NUMBER: 00570520)

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


1. STATUTORY INFORMATION

Tucker Bros. 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 as modified by the revaluation of certain assets.

Turnover
Revenue 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.
Equipment - Straight line over 5 years
Fixtures and fittings - 10% on cost
Motor vehicles - Straight line over 5 years
Stock on Rental - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Inventories 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 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.

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 5 (2022 - 5 ) .

TUCKER BROS. LIMITED (REGISTERED NUMBER: 00570520)

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


4. PROPERTY, PLANT AND EQUIPMENT
Freehold Short
property leasehold Equipment
£    £    £   
COST OR VALUATION
At 1 August 2022
and 31 July 2023 750,000 2,162 31,628
DEPRECIATION
At 1 August 2022 - 2,162 31,628
Charge for year - - -
At 31 July 2023 - 2,162 31,628
NET BOOK VALUE
At 31 July 2023 750,000 - -
At 31 July 2022 750,000 - -

Fixtures
and Motor Stock on
fittings vehicles Rental Totals
£    £    £    £   
COST OR VALUATION
At 1 August 2022
and 31 July 2023 71,221 49,932 84,928 989,871
DEPRECIATION
At 1 August 2022 68,358 45,592 84,927 232,667
Charge for year 358 3,020 - 3,378
At 31 July 2023 68,716 48,612 84,927 236,045
NET BOOK VALUE
At 31 July 2023 2,505 1,320 1 753,826
At 31 July 2022 2,863 4,340 1 757,204

The directors believe that the market value of the property remains at £750,000.

Cost or valuation at 31 July 2023 is represented by:

Freehold Short
property leasehold Equipment
£    £    £   
Valuation in 2013 200,000 - -
Valuation in 2010 97,653 - -
Valuation in 2006 185,222 - -
Cost 267,125 2,162 31,628
750,000 2,162 31,628

TUCKER BROS. LIMITED (REGISTERED NUMBER: 00570520)

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


4. PROPERTY, PLANT AND EQUIPMENT - continued

Fixtures
and Motor Stock on
fittings vehicles Rental Totals
£    £    £    £   
Valuation in 2013 - - - 200,000
Valuation in 2010 - - - 97,653
Valuation in 2006 - - - 185,222
Cost 71,221 49,932 84,928 506,996
71,221 49,932 84,928 989,871

5. FIXED ASSET INVESTMENTS
Shares in
group
undertaki
£   
COST
At 1 August 2022
and 31 July 2023 1
NET BOOK VALUE
At 31 July 2023 1
At 31 July 2022 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 900 2,128
Other debtors 232,974 256,031
233,874 258,159

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 24,229 28,582
Taxation and social security 3,248 2,544
Other creditors 71,748 68,385
99,225 99,511

8. RESERVES
Revaluatio
reserve
£   
At 1 August 2022
and 31 July 2023 482,875