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REGISTERED NUMBER: 01217679 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

LIONEL SAUNDERS & CO. (BRISTOL) LIMITED

LIONEL SAUNDERS & CO. (BRISTOL) LIMITED (REGISTERED NUMBER: 01217679)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LIONEL SAUNDERS & CO. (BRISTOL) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: J B Paull
L J Rendall
B J Paull
J Rendall





SECRETARY: L J Rendall





REGISTERED OFFICE: Unit 4B, Trubody's Business Park
121 London Road
Bridgeyate
Bristol
BS30 5NA





REGISTERED NUMBER: 01217679 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

LIONEL SAUNDERS & CO. (BRISTOL) LIMITED (REGISTERED NUMBER: 01217679)

BALANCE SHEET
30 SEPTEMBER 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,405 40,685

CURRENT ASSETS
Stocks 5 24,028 33,253
Debtors 6 308,264 363,642
Cash at bank 34,877 -
367,169 396,895
CREDITORS
Amounts falling due within one year 7 224,400 227,965
NET CURRENT ASSETS 142,769 168,930
TOTAL ASSETS LESS CURRENT
LIABILITIES

174,174

209,615

PROVISIONS FOR LIABILITIES 9 7,852 6,802
NET ASSETS 166,322 202,813

CAPITAL AND RESERVES
Called up share capital 10 33 33
Capital redemption reserve 66 66
Retained earnings 166,223 202,714
SHAREHOLDERS' FUNDS 166,322 202,813

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

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

LIONEL SAUNDERS & CO. (BRISTOL) LIMITED (REGISTERED NUMBER: 01217679)

BALANCE SHEET - continued
30 SEPTEMBER 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 1 March 2024 and were signed on its behalf by:





B J Paull - Director


LIONEL SAUNDERS & CO. (BRISTOL) LIMITED (REGISTERED NUMBER: 01217679)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

Lionel Saunders & Co. (Bristol) 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% 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. Work in progress is included at sales value.

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.

LIONEL SAUNDERS & CO. (BRISTOL) LIMITED (REGISTERED NUMBER: 01217679)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 13 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 October 2022 19,837 28,574 192,513 240,924
Additions - 2,450 - 2,450
Disposals - - (21,935 ) (21,935 )
At 30 September 2023 19,837 31,024 170,578 221,439
DEPRECIATION
At 1 October 2022 17,913 26,886 155,440 200,239
Charge for year 481 478 8,768 9,727
Eliminated on disposal - - (19,932 ) (19,932 )
At 30 September 2023 18,394 27,364 144,276 190,034
NET BOOK VALUE
At 30 September 2023 1,443 3,660 26,302 31,405
At 30 September 2022 1,924 1,688 37,073 40,685

5. STOCKS
30.9.23 30.9.22
£    £   
Stocks 22,378 21,470
Work-in-progress 1,650 11,783
24,028 33,253

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 279,839 351,092
Other debtors 28,425 12,550
308,264 363,642

LIONEL SAUNDERS & CO. (BRISTOL) LIMITED (REGISTERED NUMBER: 01217679)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts - 8,440
Trade creditors 113,641 107,509
Taxation and social security 68,662 100,339
Other creditors 42,097 11,677
224,400 227,965

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.9.23 30.9.22
£    £   
Within one year 26,887 17,591
Between one and five years 25,396 23,882
52,283 41,473

9. PROVISIONS FOR LIABILITIES
30.9.23 30.9.22
£    £   
Deferred tax
Accelerated capital allowances 7,852 6,802

Deferred
tax
£   
Balance at 1 October 2022 6,802
Reversal of timing differences
Accelerated capital allowances 1,050
Balance at 30 September 2023 7,852

10. CALLED UP SHARE CAPITAL

Alloted, issued and full paid:
Number: Class: Nominal 30.9.23 30.9.22
value: £ £
12 Ordinary A £1.00 12 19
7 Ordinary B £1.00 7 7
7 Ordinary C £1.00 7 7
7 Ordinary D £1.00 7 -
33 33

LIONEL SAUNDERS & CO. (BRISTOL) LIMITED (REGISTERED NUMBER: 01217679)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

11. RELATED PARTY DISCLOSURES

The directors maintain interest free loan accounts with the company. At the balance sheet date, the directors were owed £19,688 (2022: £5,840).

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is considered to be B J Paull, a director and shareholder of the company.