1 January 2023 false No description of principal activity Taxfiler 2024.1 06856805business:PrivateLimitedCompanyLtd2023-01-012023-12-31 068568052022-12-31 068568052023-01-012023-12-31 06856805business:AuditExemptWithAccountantsReport2023-01-012023-12-31 06856805business:FilletedAccounts2023-01-012023-12-31 068568052023-12-31 068568052022-12-31 06856805core:WithinOneYear2023-12-31 06856805core:WithinOneYear2022-12-31 06856805core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 06856805core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 06856805core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 06856805core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 06856805core:PreviouslyStatedAmount2023-12-31 06856805core:PreviouslyStatedAmount2022-12-31 06856805business:SmallEntities2023-01-012023-12-31 06856805business:Director12023-01-012023-12-31 06856805countries:EnglandWales2023-01-012023-12-31 06856805business:RegisteredOffice2023-01-012023-12-31 06856805core:LandBuildings2023-01-012023-12-31 06856805core:PlantMachinery2023-01-012023-12-31 06856805core:MotorVehicles2023-01-012023-12-31 06856805core:FurnitureFittings2023-01-012023-12-31 06856805core:LandBuildings2022-12-31 06856805core:PlantMachinery2022-12-31 06856805core:MotorVehicles2022-12-31 06856805core:FurnitureFittings2022-12-31 06856805core:LandBuildings2023-12-31 06856805core:PlantMachinery2023-12-31 06856805core:MotorVehicles2023-12-31 06856805core:FurnitureFittings2023-12-31 068568052022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 06856805 (England and Wales)
J Layzell & Sons Limited Unaudited accounts for the year ended 31 December 2023
J Layzell & Sons Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
45,918 
60,033 
Current assets
Inventories
407,500 
141,643 
Debtors
13,234 
13,234 
Cash at bank and in hand
(67,379)
262 
353,355 
155,139 
Creditors: amounts falling due within one year
(410,429)
(203,406)
Net current liabilities
(57,074)
(48,267)
Total assets less current liabilities
(11,156)
11,766 
Provisions for liabilities
Deferred tax
(8,725)
(11,406)
Net (liabilities)/assets
(19,881)
360 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
(20,081)
160 
Shareholders' funds
(19,881)
360 
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 April 2024 and were signed on its behalf by
Edward Layzell Director Company Registration No. 06856805
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J Layzell & Sons Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
J Layzell & Sons Limited is a private company, limited by shares, registered in England and Wales, registration number 06856805. The registered office is The Yard, Pound Road, Horton, Ilminster, Somerset, TA19 9QU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2.5% straight line
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
10% straight line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2023
6,401 
61,665 
67,481 
20,563 
156,110 
At 31 December 2023
6,401 
61,665 
67,481 
20,563 
156,110 
Depreciation
At 1 January 2023
800 
34,084 
47,464 
13,729 
96,077 
Charge for the year
160 
6,896 
5,005 
2,054 
14,115 
At 31 December 2023
960 
40,980 
52,469 
15,783 
110,192 
Net book value
At 31 December 2023
5,441 
20,685 
15,012 
4,780 
45,918 
At 31 December 2022
5,601 
27,581 
20,017 
6,834 
60,033 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
13,234 
13,234 
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J Layzell & Sons Limited Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
86,491 
35,031 
Trade creditors
55,351 
11,664 
Taxes and social security
20,715 
(11,341)
Other creditors
117,800 
119,109 
Loans from directors
129,072 
47,943 
Accruals
1,000 
1,000 
410,429 
203,406 
7
Average number of employees
During the year the average number of employees was 13 (2022: 13).
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