Registered number
06750526
Lister Haigh (Yorkshire) Limited
Unaudited Filleted Accounts
31 August 2023
Lister Haigh (Yorkshire) Limited
Registered number: 06750526
Balance Sheet
as at 31 August 2023
Notes 2023 2022
£ £
Fixed assets
Intangible assets 3 150,000 150,000
Tangible assets 4 22,238 33,474
Investments 5 1,726 2,495
173,964 185,969
Current assets
Stocks 10,000 10,000
Debtors 6 427,937 442,302
Cash at bank and in hand (19,506) 42,542
418,431 494,844
Creditors: amounts falling due within one year 8 (130,598) (198,030)
Net current assets 287,833 296,814
Total assets less current liabilities 461,797 482,783
Creditors: amounts falling due after more than one year 9 (28,613) (36,789)
Provisions for liabilities (3,356) (7,402)
Net assets 429,828 438,592
Capital and reserves
Called up share capital 100 100
Revaluation reserve 10 125,545 125,545
Profit and loss account 304,183 312,947
Shareholders' funds 429,828 438,592
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J E Haigh
Director
Approved by the board on 22 January 2024
Lister Haigh (Yorkshire) Limited
Notes to the Accounts
for the year ended 31 August 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 14 22
3 Intangible fixed assets £
Goodwill:
Cost
At 1 September 2022 50,000
At 31 August 2023 50,000
Amortisation
At 1 September 2022 (100,000)
At 31 August 2023 (100,000)
Net book value
At 31 August 2023 150,000
At 31 August 2022 150,000
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2022 192,780
At 31 August 2023 192,780
Depreciation
At 1 September 2022 159,306
Charge for the year 11,236
At 31 August 2023 170,542
Net book value
At 31 August 2023 22,238
At 31 August 2022 33,474
5 Investments
Other
investments
£
Cost
At 1 September 2022 2,495
Revaluation (769)
At 31 August 2023 1,726
Historical cost
At 1 September 2022 2,545
At 31 August 2023 2,545
6 Debtors 2023 2022
£ £
Trade debtors 262,768 253,373
Amounts owed by group undertakings and undertakings in which the company has a participating interest - 15,583
Amounts recoverable on long term contracts 150,000 150,000
Bad Debt provision (15,008) (15,256)
Corporation Tax Repayment 2,275 9,931
Other debtors 27,902 28,671
427,937 442,302
7 Investments held as current assets 2023 2022
£ £
Fair value
Increase/(decrease) in fair value included in the profit and loss account for the financial year
Listed investments (769) -
8 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts - 4,059
Trade creditors 23,636 29,299
Taxation and social security costs 99,136 160,793
Loans from Directors (6,143) (6,143)
Other creditors 13,969 10,022
130,598 198,030
9 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 28,613 36,789
10 Revaluation reserve 2023 2022
£ £
At 1 September 2022 125,545 125,545
At 31 August 2023 125,545 125,545
11 Other information
Lister Haigh (Yorkshire) Limited is a private company limited by shares and incorporated in England. Its registered office is:
106 High Street
Knaresborough
HG5 0HN
Lister Haigh (Yorkshire) Limited 06750526 false 2022-09-01 2023-08-31 2023-08-31 VT Final Accounts October 2023 release 2 J E Haigh No description of principal activity 06750526 2021-09-01 2022-08-31 06750526 core:WithinOneYear 2022-08-31 06750526 core:AfterOneYear 2022-08-31 06750526 core:ShareCapital 2022-08-31 06750526 core:OtherReservesSubtotal 2022-08-31 06750526 core:RetainedEarningsAccumulatedLosses 2022-08-31 06750526 core:RevaluationReserve 2021-08-31 06750526 2022-09-01 2023-08-31 06750526 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 06750526 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 06750526 bus:Director40 2022-09-01 2023-08-31 06750526 core:PlantMachinery 2022-09-01 2023-08-31 06750526 countries:England 2022-09-01 2023-08-31 06750526 bus:FRS102 2022-09-01 2023-08-31 06750526 bus:FullAccounts 2022-09-01 2023-08-31 06750526 2023-08-31 06750526 core:WithinOneYear 2023-08-31 06750526 core:AfterOneYear 2023-08-31 06750526 core:ShareCapital 2023-08-31 06750526 core:OtherReservesSubtotal 2023-08-31 06750526 core:RetainedEarningsAccumulatedLosses 2023-08-31 06750526 core:Goodwill 2023-08-31 06750526 core:PlantMachinery 2023-08-31 06750526 core:RevaluationsIncreaseDecreaseInInvestments 2023-08-31 06750526 core:RevaluationReserve 2023-08-31 06750526 2022-08-31 06750526 core:Goodwill 2022-08-31 06750526 core:PlantMachinery 2022-08-31 06750526 core:RevaluationReserve 2022-08-31 iso4217:GBP xbrli:pure