IRIS Accounts Production v23.3.1.45 07007231 Board of Directors Board of Directors Board of Directors 1.10.22 30.9.23 30.9.23 false true false false false true false Ordinary 1.00000 A 1.00000 B 1.00000 C 1.00000 D 1.00000 Ordinary 1.00000 A 1.00000 B 1.00000 C 1.00000 D 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070072312022-09-30070072312023-09-30070072312022-10-012023-09-30070072312021-09-30070072312021-10-012022-09-30070072312022-09-3007007231ns10:Originalns15:EnglandWales2022-10-012023-09-3007007231ns14:PoundSterlingns10:Original2022-10-012023-09-3007007231ns10:Originalns10:Director12022-10-012023-09-3007007231ns10:Original2022-10-012023-09-3007007231ns10:Originalns10:Director22022-10-012023-09-3007007231ns10:Originalns10:Director32022-10-012023-09-3007007231ns10:Original2023-09-3007007231ns10:Originalns10:PrivateLimitedCompanyLtd2022-10-012023-09-3007007231ns10:Originalns10:SmallEntities2022-10-012023-09-3007007231ns10:Originalns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3007007231ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3007007231ns10:SmallCompaniesRegimeForAccountsns10:Original2022-10-012023-09-3007007231ns10:Originalns10:AbridgedAccounts2022-10-012023-09-3007007231ns10:Original12022-10-012023-09-3007007231ns10:Originalns10:OrdinaryShareClass12022-10-012023-09-3007007231ns10:Originalns10:OrdinaryShareClass22022-10-012023-09-3007007231ns10:OrdinaryShareClass3ns10:Original2022-10-012023-09-3007007231ns10:Originalns10:OrdinaryShareClass42022-10-012023-09-3007007231ns10:Originalns10:OrdinaryShareClass52022-10-012023-09-3007007231ns10:Originalns10:RegisteredOffice2022-10-012023-09-3007007231ns10:Original2022-09-3007007231ns10:Originalns5:CurrentFinancialInstruments2023-09-3007007231ns10:Originalns5:CurrentFinancialInstruments2022-09-3007007231ns5:ShareCapitalns10:Original2023-09-3007007231ns5:ShareCapitalns10:Original2022-09-3007007231ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-09-3007007231ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-09-3007007231ns10:Originalns5:NetGoodwill2022-10-012023-09-3007007231ns10:Originalns5:PlantMachinery2022-10-012023-09-3007007231ns10:Originalns5:MotorVehicles2022-10-012023-09-3007007231ns10:Originalns5:ComputerEquipment2022-10-012023-09-3007007231ns10:Original2021-10-012022-09-3007007231ns10:Original2022-09-3007007231ns10:Originalns10:OrdinaryShareClass12023-09-3007007231ns10:Originalns10:OrdinaryShareClass22023-09-3007007231ns10:OrdinaryShareClass3ns10:Original2023-09-3007007231ns10:Originalns10:OrdinaryShareClass42023-09-3007007231ns10:Originalns10:OrdinaryShareClass52023-09-30
REGISTERED NUMBER: 07007231 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 September 2023

for

Nelson Birch & Sons Ltd

Nelson Birch & Sons Ltd (Registered number: 07007231)

Contents of the Financial Statements
for the Year Ended 30 September 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Nelson Birch & Sons Ltd

Company Information
for the Year Ended 30 September 2023







DIRECTORS: Mr N J Birch
Mrs R L Birch
Mr D R Birch





REGISTERED OFFICE: 69 High Street
Bideford
Devon
EX39 2AT





REGISTERED NUMBER: 07007231 (England and Wales)





ACCOUNTANTS: R T Marke & Co Ltd
Chartered Accountants
69 High Street
Bideford
Devon
EX39 2AT

Nelson Birch & Sons Ltd (Registered number: 07007231)

Abridged Balance Sheet
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 63,000 73,500
Tangible assets 6 47,299 63,383
110,299 136,883

CURRENT ASSETS
Stocks 850 700
Debtors 10,713 11,331
Cash at bank 75,167 129,004
86,730 141,035
CREDITORS
Amounts falling due within one year 93,627 201,651
NET CURRENT LIABILITIES (6,897 ) (60,616 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

103,402

76,267

PROVISIONS FOR LIABILITIES 11,825 16,796
NET ASSETS 91,577 59,471

CAPITAL AND RESERVES
Called up share capital 7 104 104
Retained earnings 91,473 59,367
SHAREHOLDERS' FUNDS 91,577 59,471

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.

Nelson Birch & Sons Ltd (Registered number: 07007231)

Abridged 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2024 and were signed on its behalf by:




Mr N J Birch - Director Mrs R L Birch - Director




Mr D R Birch - Director


Nelson Birch & Sons Ltd (Registered number: 07007231)

Notes to the Financial Statements
for the Year Ended 30 September 2023


1. STATUTORY INFORMATION

Nelson Birch & Sons Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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. There were no material departures from that standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The principal accounting policies adopted in the preparation of the financial statements are set out below and remain unchanged from the previous period, and also have been consistently applied within the same accounts.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill representing the excess of the purchase price over the fair value of the net assets of undertakings acquired is capitalised in the balance sheet and is amortised by equal annual instalments over the expected useful economic life of 20 years.

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 - 15% straight line
Motor vehicles - 25% straight line
Computer equipment - 25% straight line

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs.


Nelson Birch & Sons Ltd (Registered number: 07007231)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023


3. ACCOUNTING POLICIES - continued
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 makes contributions to a defined contribution scheme. Contributions payable to the pension scheme are charged to the profit and loss account in the period to which they relate.

Going concern
The company has net current liabilities of £6,897 (2022 - £60,616). These net current liabilities include an amount of £40,526 (2022 - £92,972) due to the directors.

The company is reliant on the continuing financial support of its creditors and while there are no reasons to doubt that this support will continue, inherently there can be no certainty in relation to these matters. On this basis, and having regard to the company's anticipated future revenues and costs including repayment of debt where appropriate, together with the expected availability of working capital, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from an inability to meet obligations as they fall due.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 6 ) .

Nelson Birch & Sons Ltd (Registered number: 07007231)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023


5. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2022
and 30 September 2023 210,000
AMORTISATION
At 1 October 2022 136,500
Amortisation for year 10,500
At 30 September 2023 147,000
NET BOOK VALUE

At 30 September 2023 63,000
At 30 September 2022 73,500

6. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2022 231,530
Additions 6,648
Disposals (35,801 )
At 30 September 2023 202,377
DEPRECIATION
At 1 October 2022 168,147
Charge for year 22,731
Eliminated on disposal (35,800 )
At 30 September 2023 155,078
NET BOOK VALUE
At 30 September 2023 47,299
At 30 September 2022 63,383


Nelson Birch & Sons Ltd (Registered number: 07007231)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100
1 A £1 1 1
1 B £1 1 1
1 C £1 1 1
1 D £1 1 1
104 104