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Company Registration No. 4293487 (England and Wales)
Banbury Aerials Limited Unaudited accounts for the year ended 30 April 2023
Banbury Aerials Limited Unaudited accounts Contents
Page
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Banbury Aerials Limited Company Information for the year ended 30 April 2023
Directors
D R Lewis S T Lewis
Secretary
D R Lewis
Company Number
4293487 (England and Wales)
Registered Office
Moreton House 31 High Street Buckingham Buckinghamshire MK18 1NU England
Accountants
Anthistle Craven Moreton House 31 High Street Buckingham Bucks MK18 1NU
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Banbury Aerials Limited Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
248,985 
205,069 
Current assets
Inventories
10,795 
13,700 
Debtors
828,544 
552,346 
Cash at bank and in hand
486,557 
434,373 
1,325,896 
1,000,419 
Creditors: amounts falling due within one year
(167,395)
(102,631)
Net current assets
1,158,501 
897,788 
Total assets less current liabilities
1,407,486 
1,102,857 
Creditors: amounts falling due after more than one year
(37,445)
- 
Provisions for liabilities
Deferred tax
(15,078)
(5,873)
Net assets
1,354,963 
1,096,984 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
1,354,861 
1,096,882 
Shareholders' funds
1,354,963 
1,096,984 
For the year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 January 2023 and were signed on its behalf by
D R Lewis Director Company Registration No. 4293487
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Banbury Aerials Limited Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
Banbury Aerials Limited is a private company, limited by shares, registered in England and Wales, registration number 4293487. The registered office is Moreton House 31 High Street, Buckingham, Buckinghamshire, MK18 1NU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on Reducing Balance
Motor vehicles
20% on Reducing Balance
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2022
2,550 
At 30 April 2023
2,550 
Amortisation
At 1 May 2022
2,550 
At 30 April 2023
2,550 
Net book value
At 30 April 2023
- 
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Banbury Aerials Limited Notes to the Accounts for the year ended 30 April 2023
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2022
174,161 
14,426 
65,232 
253,819 
Additions
- 
- 
62,690 
62,690 
Disposals
- 
- 
(29,311)
(29,311)
At 30 April 2023
174,161 
14,426 
98,611 
287,198 
Depreciation
At 1 May 2022
- 
8,433 
40,317 
48,750 
Charge for the year
- 
899 
13,342 
14,241 
On disposals
- 
- 
(24,778)
(24,778)
At 30 April 2023
- 
9,332 
28,881 
38,213 
Net book value
At 30 April 2023
174,161 
5,094 
69,730 
248,985 
At 30 April 2022
174,161 
5,993 
24,915 
205,069 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
42,268 
35,778 
Accrued income and prepayments
16,914 
21,830 
Other debtors
769,362 
494,738 
828,544 
552,346 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
27,664 
15,249 
Obligations under finance leases and hire purchase contracts
5,081 
- 
Trade creditors
50,574 
27,018 
Taxes and social security
74,602 
51,061 
Other creditors
880 
809 
Loans from directors
8,100 
8,000 
Accruals
494 
494 
167,395 
102,631 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
37,445 
- 
9
Average number of employees
During the year the average number of employees was 9 (2022: 10).
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