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REGISTERED NUMBER: 04566603 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 October 2023

for

W. Fletcher & Sons Ltd

W. Fletcher & Sons Ltd (Registered number: 04566603)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


W. Fletcher & Sons Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Mr Peter Francis Hogg





REGISTERED OFFICE: 2 Hallgarth
Pickering
North Yorkshire
YO18 7AW





REGISTERED NUMBER: 04566603 (England and Wales)





ACCOUNTANTS: Hallgarth Accountants Ltd
2 Hallgarth
Pickering
North Yorkshire
YO18 7AW

W. Fletcher & Sons Ltd (Registered number: 04566603)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 124,046 113,765

CURRENT ASSETS
Stocks 5,750 5,500
Debtors 5 38,303 112,439
Cash at bank and in hand 188,905 88,647
232,958 206,586
CREDITORS
Amounts falling due within one year 6 110,201 78,337
NET CURRENT ASSETS 122,757 128,249
TOTAL ASSETS LESS CURRENT
LIABILITIES

246,803

242,014

PROVISIONS FOR LIABILITIES 10,924 10,183
NET ASSETS 235,879 231,831

CAPITAL AND RESERVES
Called up share capital 135 123
Retained earnings 235,744 231,708
SHAREHOLDERS' FUNDS 235,879 231,831

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 July 2024 and were signed by:



Mr Peter Francis Hogg - Director


W. Fletcher & Sons Ltd (Registered number: 04566603)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

W. Fletcher & 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 5% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 9 ) .

W. Fletcher & Sons Ltd (Registered number: 04566603)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 November 2022 68,192 205,470 615
Additions - 26,007 -
Disposals - - -
At 31 October 2023 68,192 231,477 615
DEPRECIATION
At 1 November 2022 8,893 153,196 562
Charge for year 3,410 11,742 8
Eliminated on disposal - - -
At 31 October 2023 12,303 164,938 570
NET BOOK VALUE
At 31 October 2023 55,889 66,539 45
At 31 October 2022 59,299 52,274 53

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2022 15,526 2,768 292,571
Additions - - 26,007
Disposals (8,850 ) - (8,850 )
At 31 October 2023 6,676 2,768 309,728
DEPRECIATION
At 1 November 2022 14,647 1,508 178,806
Charge for year 168 188 15,516
Eliminated on disposal (8,640 ) - (8,640 )
At 31 October 2023 6,175 1,696 185,682
NET BOOK VALUE
At 31 October 2023 501 1,072 124,046
At 31 October 2022 879 1,260 113,765

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
VAT 936 1,487
Prepayments 1,225 1,043
Trade Debtors 36,142 39,909
Loan - 70,000
38,303 112,439

W. Fletcher & Sons Ltd (Registered number: 04566603)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Hire purchase contracts 1,031 -
Trade creditors - 5,403
Tax 10,755 11,809
Social security and other taxes 1,951 1,635
Directors' current accounts 93,271 56,404
Accrued expenses 3,193 3,086
110,201 78,337