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REGISTERED NUMBER: 04350749 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

HURN CHEMISTS LIMITED

HURN CHEMISTS LIMITED (REGISTERED NUMBER: 04350749)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HURN CHEMISTS LIMITED

COMPANY INFORMATION
for the year ended 31 October 2023







DIRECTORS: Mr H R Garden
Mr C J S Ball
Mrs A P Garden
Mrs D Ball
Miss C A Garden
Mr B F S Ball
Mr J M S Ball
Miss L L Garden
Mrs E C S Lowe
Mr L M Garden





REGISTERED OFFICE: The Anchorage
Chandler Road
Stoke Holy Cross
Norfolk
NR14 8RQ





REGISTERED NUMBER: 04350749 (England and Wales)





ACCOUNTANTS: Sexty & Co
Chartered Certified Accountants
124 Thorpe Road
Norwich
Norfolk
NR1 1RS

HURN CHEMISTS LIMITED (REGISTERED NUMBER: 04350749)

BALANCE SHEET
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 52,750 57,405

CURRENT ASSETS
Stocks 63,711 46,080
Debtors 5 118,672 125,539
Cash at bank and in hand 157,955 103,432
340,338 275,051
CREDITORS
Amounts falling due within one year 6 279,123 212,884
NET CURRENT ASSETS 61,215 62,167
TOTAL ASSETS LESS CURRENT
LIABILITIES

113,965

119,572

CAPITAL AND RESERVES
Called up share capital 24 24
Retained earnings 113,941 119,548
SHAREHOLDERS' FUNDS 113,965 119,572

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 29 February 2024 and were signed on its behalf by:





Mr C J S Ball - Director


HURN CHEMISTS LIMITED (REGISTERED NUMBER: 04350749)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 October 2023

1. STATUTORY INFORMATION

Hurn Chemists 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
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.
Improvements to property - Straight line over 25 years
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks 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.

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.

HURN CHEMISTS LIMITED (REGISTERED NUMBER: 04350749)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 November 2022
and 31 October 2023 94,091 27,145 6,995 128,231
DEPRECIATION
At 1 November 2022 39,130 25,634 6,062 70,826
Charge for year 3,943 479 233 4,655
At 31 October 2023 43,073 26,113 6,295 75,481
NET BOOK VALUE
At 31 October 2023 51,018 1,032 700 52,750
At 31 October 2022 54,961 1,511 933 57,405

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 99,531 106,995
Other debtors 19,141 18,544
118,672 125,539

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 169,466 154,988
Taxation and social security 100 -
Other creditors 109,557 57,896
279,123 212,884