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REGISTERED NUMBER: 10458057 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Sexton Brothers Limited

Sexton Brothers Limited (Registered number: 10458057)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Sexton Brothers Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: L M Sheppard
M R Sexton





REGISTERED OFFICE: Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ





REGISTERED NUMBER: 10458057 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Chartered Accountants
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

Sexton Brothers Limited (Registered number: 10458057)

Statement of Financial Position
30 November 2023

30.11.23 30.11.22
Notes £    £   
CURRENT ASSETS
Debtors 6 104,329 21,635
Cash at bank 115,363 11,495
219,692 33,130
CREDITORS
Amounts falling due within one year 7 170,927 16,292
NET CURRENT ASSETS 48,765 16,838
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,765

16,838

CREDITORS
Amounts falling due after more than one year 8 13,200 22,000
NET ASSETS/(LIABILITIES) 35,565 (5,162 )

CAPITAL AND RESERVES
Allotted, called up and fully
paid share capital 300 300
Retained earnings 35,265 (5,462 )
35,565 (5,162 )

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

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 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.

Sexton Brothers Limited (Registered number: 10458057)

Statement of Financial Position - continued
30 November 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 Board of Directors and authorised for issue on 22 March 2024 and were signed on its behalf by:





L M Sheppard - Director


Sexton Brothers Limited (Registered number: 10458057)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Sexton Brothers 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

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

Sexton Brothers Limited (Registered number: 10458057)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 December 2022
and 30 November 2023 6,245
DEPRECIATION
At 1 December 2022
and 30 November 2023 6,245
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 89,329 21,535
Other debtors 15,000 100
104,329 21,635

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 8,800 8,800
Trade creditors 14,848 3,894
Tax 8,747 -
VAT 6,045 398
Other creditors 2,000 2,000
Deferred income 114,337 -
Accrued expenses 16,150 1,200
170,927 16,292

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans - 2-5 years 13,200 22,000