IRIS Accounts Production v24.1.0.578 11638339 Board of Directors Board of Directors 1.12.22 30.11.23 30.11.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116383392022-11-30116383392023-11-30116383392022-12-012023-11-30116383392021-11-30116383392021-12-012022-11-30116383392022-11-3011638339ns15:EnglandWales2022-12-012023-11-3011638339ns14:PoundSterling2022-12-012023-11-3011638339ns10:Director12022-12-012023-11-3011638339ns10:Director22022-12-012023-11-3011638339ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3011638339ns10:SmallEntities2022-12-012023-11-3011638339ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3011638339ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3011638339ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3011638339ns10:FullAccounts2022-12-012023-11-301163833912022-12-012023-11-3011638339ns10:OrdinaryShareClass12022-12-012023-11-3011638339ns10:RegisteredOffice2022-12-012023-11-3011638339ns5:CurrentFinancialInstruments2023-11-3011638339ns5:CurrentFinancialInstruments2022-11-3011638339ns5:Non-currentFinancialInstruments2023-11-3011638339ns5:Non-currentFinancialInstruments2022-11-3011638339ns5:ShareCapital2023-11-3011638339ns5:ShareCapital2022-11-3011638339ns5:RetainedEarningsAccumulatedLosses2023-11-3011638339ns5:RetainedEarningsAccumulatedLosses2022-11-3011638339ns5:NetGoodwill2022-12-012023-11-3011638339ns5:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3011638339ns5:PlantMachinery2022-12-012023-11-3011638339ns5:MotorVehicles2022-12-012023-11-3011638339ns5:ComputerEquipment2022-12-012023-11-3011638339ns5:NetGoodwill2022-11-3011638339ns5:NetGoodwill2023-11-3011638339ns5:NetGoodwill2022-11-3011638339ns5:PlantMachinery2022-11-3011638339ns5:MotorVehicles2022-11-3011638339ns5:ComputerEquipment2022-11-3011638339ns5:PlantMachinery2023-11-3011638339ns5:MotorVehicles2023-11-3011638339ns5:ComputerEquipment2023-11-3011638339ns5:PlantMachinery2022-11-3011638339ns5:MotorVehicles2022-11-3011638339ns5:ComputerEquipment2022-11-3011638339ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3011638339ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3011638339ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-11-3011638339ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-11-3011638339ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-11-3011638339ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-11-3011638339ns5:WithinOneYear2023-11-3011638339ns5:WithinOneYear2022-11-3011638339ns5:BetweenOneFiveYears2023-11-3011638339ns5:BetweenOneFiveYears2022-11-3011638339ns5:AllPeriods2023-11-3011638339ns5:AllPeriods2022-11-3011638339ns5:Secured2023-11-3011638339ns5:Secured2022-11-3011638339ns10:OrdinaryShareClass12023-11-30
REGISTERED NUMBER: 11638339 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th November 2023

for

SAM BIRD MOTORBODIES LIMITED

SAM BIRD MOTORBODIES LIMITED (REGISTERED NUMBER: 11638339)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SAM BIRD MOTORBODIES LIMITED

Company Information
for the Year Ended 30th November 2023







DIRECTORS: Mr H Bird
Mr M Bird





REGISTERED OFFICE: 41 St Thomas's Road
Chorley
Lancashire
PR7 1JE





REGISTERED NUMBER: 11638339 (England and Wales)





ACCOUNTANTS: Abrams Ashton - Chorley Limited
Chartered Certified Accountants
41 St Thomas's Road
Chorley
Lancashire
PR7 1JE

SAM BIRD MOTORBODIES LIMITED (REGISTERED NUMBER: 11638339)

Balance Sheet
30th November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 4,000
Tangible assets 5 20,273 16,077
20,273 20,077

CURRENT ASSETS
Stocks 6 2,250 4,500
Debtors 7 35,541 21,588
Cash at bank 30,976 38,294
68,767 64,382
CREDITORS
Amounts falling due within one year 8 56,651 46,826
NET CURRENT ASSETS 12,116 17,556
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,389

37,633

CREDITORS
Amounts falling due after more than one
year

9

(20,844

)

(25,842

)

PROVISIONS FOR LIABILITIES (3,642 ) (3,055 )
NET ASSETS 7,903 8,736

CAPITAL AND RESERVES
Called up share capital 12 100 100
Retained earnings 7,803 8,636
SHAREHOLDERS' FUNDS 7,903 8,736

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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.

SAM BIRD MOTORBODIES LIMITED (REGISTERED NUMBER: 11638339)

Balance Sheet - continued
30th 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18th April 2024 and were signed on its behalf by:




Mr H Bird - Director



Mr M Bird - Director


SAM BIRD MOTORBODIES LIMITED (REGISTERED NUMBER: 11638339)

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

1. STATUTORY INFORMATION

Sam Bird Motorbodies 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
Revenue is measured at the fair value of the consideration received or receivable and represents amounts received for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Revenue is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - straight line over 3 years

Impairment of assets
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carry amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

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

SAM BIRD MOTORBODIES LIMITED (REGISTERED NUMBER: 11638339)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments' of FRS 102 to all its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

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.

Cash at bank and in hand
Cash and cash equivalents includes cash in hand, deposits held with banks, and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 6 ) .

SAM BIRD MOTORBODIES LIMITED (REGISTERED NUMBER: 11638339)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st December 2022
and 30th November 2023 20,000
AMORTISATION
At 1st December 2022 16,000
Amortisation for year 4,000
At 30th November 2023 20,000
NET BOOK VALUE
At 30th November 2023 -
At 30th November 2022 4,000

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st December 2022 19,775 12,665 213 32,653
Additions 6,029 1,500 - 7,529
At 30th November 2023 25,804 14,165 213 40,182
DEPRECIATION
At 1st December 2022 7,835 8,528 213 16,576
Charge for year 1,986 1,347 - 3,333
At 30th November 2023 9,821 9,875 213 19,909
NET BOOK VALUE
At 30th November 2023 15,983 4,290 - 20,273
At 30th November 2022 11,940 4,137 - 16,077

6. STOCKS
30.11.23 30.11.22
£    £   
Stocks 2,250 4,500

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 30,795 21,454
Prepayments 4,746 134
35,541 21,588

SAM BIRD MOTORBODIES LIMITED (REGISTERED NUMBER: 11638339)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 5,000 5,000
Trade creditors 13,698 6,015
Tax 10,012 9,853
Social security and other taxes 11,048 10,150
Directors' current accounts 15,702 14,679
Accrued expenses 1,191 1,129
56,651 46,826

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans - 1-2 years 5,000 10,000
Bank loans - 2-5 years 5,844 5,842
Directors' loan accounts 10,000 10,000
20,844 25,842

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.11.23 30.11.22
£    £   
Within one year 14,800 14,800
Between one and five years 4,933 19,733
19,733 34,533

11. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Bank loans 15,844 20,842

The bank loan was taken out under the government backed Bounce Back Loan Scheme.

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1 100 100

SAM BIRD MOTORBODIES LIMITED (REGISTERED NUMBER: 11638339)

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

13. RELATED PARTY DISCLOSURES

At the 30 November 2023 the company owed to its directors £25,702 (2022: £24,679). In the accounts £10,000 (2022: £10,000) has been shown in creditors payable in over one year. No interest has been charged to the company in respect of this loan and there is no formal repayment date for this loan.