FURNESS BROS LTD

Company Registration Number:
09095068 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

FURNESS BROS LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

FURNESS BROS LTD

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 460,245 447,883
Investments:   0 0
Total fixed assets: 460,245 447,883
Current assets
Stocks: 13,065 13,065
Debtors:   105,606 163,906
Cash at bank and in hand: 76,443 94,543
Investments:   0 0
Total current assets: 195,114 271,514
Creditors: amounts falling due within one year: 4 (118,809) (124,708)
Net current assets (liabilities): 76,305 146,806
Total assets less current liabilities: 536,550 594,689
Creditors: amounts falling due after more than one year: 5 (76,266) (98,200)
Provision for liabilities: (45,688) (43,339)
Total net assets (liabilities): 414,596 453,150
Capital and reserves
Called up share capital: 150 150
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 414,446 453,000
Shareholders funds: 414,596 453,150

The notes form part of these financial statements

FURNESS BROS LTD

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 February 2024
and signed on behalf of the board by:

Name: Alan Furness
Status: Director

The notes form part of these financial statements

FURNESS BROS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FURNESS BROS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 2 13

FURNESS BROS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible Assets

Total
Cost £
At 01 July 2022 785,040
Additions 62,759
At 30 June 2023 847,799
Depreciation
At 01 July 2022 337,157
Charge for year 50,397
At 30 June 2023 387,554
Net book value
At 30 June 2023 460,245
At 30 June 2022 447,883

FURNESS BROS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Creditors: amounts falling due within one year note

Bank Loans & Overdrafts £35,216Trade Creditors £45,887Taxation & Social Security £4,291Other Creditors £33,415

FURNESS BROS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Creditors: amounts falling due after more than one year note

Bank Loans & Overdrafts £67,191Other Creditors £9,075