Company Registration No. 09180503 (England and Wales)
A M Shipman & Sons Ltd
Unaudited accounts
for the year ended 31 August 2023
A M Shipman & Sons Ltd
Unaudited accounts
Contents
A M Shipman & Sons Ltd
Company Information
for the year ended 31 August 2023
Company Number
09180503 (England and Wales)
Registered Office
10 North End
Bedale
North Yorkshire
DL8 1AB
United Kingdom
Accountants
SJW Business Solutions
Thornborough Hall
Moor Road
Leyburn
North Yorkshire
DL8 5AB
A M Shipman & Sons Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
3,116
3,655
Inventories
15,000
342,441
Cash at bank and in hand
763,899
179,611
Creditors: amounts falling due within one year
(108,371)
(123,243)
Net current assets
704,357
580,846
Net assets
707,523
584,551
Called up share capital
100
100
Profit and loss account
707,423
584,451
Shareholders' funds
707,523
584,551
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 30 April 2024 and were signed on its behalf by
Anthony Shipman
Director
Company Registration No. 09180503
A M Shipman & Sons Ltd
Notes to the Accounts
for the year ended 31 August 2023
A M Shipman & Sons Ltd is a private company, limited by shares, registered in England and Wales, registration number 09180503. The registered office is 10 North End, Bedale, North Yorkshire, DL8 1AB, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
No Depreciation
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost.
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Intangible fixed assets
Other
A M Shipman & Sons Ltd
Notes to the Accounts
for the year ended 31 August 2023
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2022
8,363
14,651
23,014
At 31 August 2023
8,863
14,651
23,514
At 1 September 2022
6,664
12,695
19,359
Charge for the year
550
489
1,039
At 31 August 2023
7,214
13,184
20,398
At 31 August 2023
1,649
1,467
3,116
At 31 August 2022
1,699
1,956
3,655
Amounts falling due within one year
Other debtors
25,776
154,416
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
3,478
1,463
Taxes and social security
102,583
14,086
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Average number of employees
During the year the average number of employees was 0 (2022: 0).