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REGISTERED NUMBER: 00230080 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2023

FOR

JOHN HUNT (BOLTON) LIMITED

JOHN HUNT (BOLTON) LIMITED (REGISTERED NUMBER: 00230080)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JOHN HUNT (BOLTON) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST AUGUST 2023







DIRECTORS: S A Cheetham
M Cheetham
S C Pride
D Melling
R Chadwick
D M Ormrod



SECRETARY: J A Cheetham



REGISTERED OFFICE: Alma Works
Rasbottom Street
Bolton
BL3 5BZ



REGISTERED NUMBER: 00230080 (England and Wales)



ACCOUNTANTS: Ryans
Chartered Accountants
67 Chorley Old Road
Bolton
BL1 3AJ



BANKERS: National Westminster Bank Plc
24 Deansgate
Bolton
BL1 1BN



BANKERS: Close Brothers Limited
10 Crown Place
London
EC2A 4FT

JOHN HUNT (BOLTON) LIMITED (REGISTERED NUMBER: 00230080)

BALANCE SHEET
31ST AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 179,090 134,117
Investments 5 1,740 1,740
180,830 135,857

CURRENT ASSETS
Stocks 6 334,190 254,935
Debtors 7 247,764 182,853
Cash at bank and in hand 920,841 903,178
1,502,795 1,340,966
CREDITORS
Amounts falling due within one year 8 448,888 428,658
NET CURRENT ASSETS 1,053,907 912,308
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,234,737

1,048,165

PROVISIONS FOR LIABILITIES 41,407 22,542
NET ASSETS 1,193,330 1,025,623

CAPITAL AND RESERVES
Called up share capital 9 5,000 5,000
Retained earnings 1,188,330 1,020,623
SHAREHOLDERS' FUNDS 1,193,330 1,025,623

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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.

JOHN HUNT (BOLTON) LIMITED (REGISTERED NUMBER: 00230080)

BALANCE SHEET - continued
31ST AUGUST 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16th February 2024 and were signed on its behalf by:





S A Cheetham - Director


JOHN HUNT (BOLTON) LIMITED (REGISTERED NUMBER: 00230080)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2023

1. STATUTORY INFORMATION

John Hunt (Bolton) 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.

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


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.

Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Leasehold property - 5% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on cost
Office equipment - 15% on reducing balance

Stocks
Raw materials and consumables are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Finished goods are valued at cost, which includes an allocation for direct labour and overheads.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


JOHN HUNT (BOLTON) LIMITED (REGISTERED NUMBER: 00230080)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2023

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Deferred taxation
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

Investments
Investments are stated at cost. Investment income is recognised on a receipts basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2022 - 21 ) .

JOHN HUNT (BOLTON) LIMITED (REGISTERED NUMBER: 00230080)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2023

4. TANGIBLE FIXED ASSETS
Freehold Leasehold Plant and
property property machinery
£    £    £   
COST
At 1st September 2022 13,463 13,775 668,894
Additions - - 9,360
Disposals - - -
At 31st August 2023 13,463 13,775 678,254
DEPRECIATION
At 1st September 2022 - 13,775 564,877
Charge for year - - 16,891
Eliminated on disposal - - -
At 31st August 2023 - 13,775 581,768
NET BOOK VALUE
At 31st August 2023 13,463 - 96,486
At 31st August 2022 13,463 - 104,017

Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1st September 2022 59,317 133,786 889,235
Additions 63,495 - 72,855
Disposals (38,650 ) - (38,650 )
At 31st August 2023 84,162 133,786 923,440
DEPRECIATION
At 1st September 2022 57,151 119,315 755,118
Charge for year 8,820 2,171 27,882
Eliminated on disposal (38,650 ) - (38,650 )
At 31st August 2023 27,321 121,486 744,350
NET BOOK VALUE
At 31st August 2023 56,841 12,300 179,090
At 31st August 2022 2,166 14,471 134,117

JOHN HUNT (BOLTON) LIMITED (REGISTERED NUMBER: 00230080)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2023

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st September 2022
and 31st August 2023 1,740
NET BOOK VALUE
At 31st August 2023 1,740
At 31st August 2022 1,740

6. STOCKS
2023 2022
£    £   
Raw materials and consumables 119,982 125,638
Finished goods 214,208 129,297
334,190 254,935

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 228,270 163,673
Other debtors 19,494 19,180
247,764 182,853

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 306,269 318,370
Taxation and social security 85,314 65,754
Other creditors 57,305 44,534
448,888 428,658

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2023 2022
value: £    £   
20,000 Ordinary 25p 5,000 5,000

10. ULTIMATE CONTROLLING PARTY

The company has no ultimate controlling party.