IRIS Accounts Production v24.1.9.2 04663314 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046633142023-05-31046633142024-05-31046633142023-06-012024-05-31046633142022-05-31046633142022-06-012023-05-31046633142023-05-3104663314ns15:EnglandWales2023-06-012024-05-3104663314ns14:PoundSterling2023-06-012024-05-3104663314ns10:Director12023-06-012024-05-3104663314ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3104663314ns10:SmallEntities2023-06-012024-05-3104663314ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3104663314ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3104663314ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3104663314ns10:FullAccounts2023-06-012024-05-3104663314ns10:Director22023-06-012024-05-3104663314ns10:RegisteredOffice2023-06-012024-05-3104663314ns5:CurrentFinancialInstruments2024-05-3104663314ns5:CurrentFinancialInstruments2023-05-3104663314ns5:Non-currentFinancialInstruments2024-05-3104663314ns5:Non-currentFinancialInstruments2023-05-3104663314ns5:ShareCapital2024-05-3104663314ns5:ShareCapital2023-05-3104663314ns5:RetainedEarningsAccumulatedLosses2024-05-3104663314ns5:RetainedEarningsAccumulatedLosses2023-05-3104663314ns5:PlantMachinery2023-06-012024-05-3104663314ns5:FurnitureFittings2023-06-012024-05-3104663314ns5:MotorVehicles2023-06-012024-05-3104663314ns5:PlantMachinery2023-05-3104663314ns5:FurnitureFittings2023-05-3104663314ns5:MotorVehicles2023-05-3104663314ns5:PlantMachinery2024-05-3104663314ns5:FurnitureFittings2024-05-3104663314ns5:MotorVehicles2024-05-3104663314ns5:PlantMachinery2023-05-3104663314ns5:FurnitureFittings2023-05-3104663314ns5:MotorVehicles2023-05-3104663314ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3104663314ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-31
REGISTERED NUMBER: 04663314 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

BIBBYS OF HALIFAX LIMITED

BIBBYS OF HALIFAX LIMITED (REGISTERED NUMBER: 04663314)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BIBBYS OF HALIFAX LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: M A Inman
V A Inman





REGISTERED OFFICE: Jasper Street Works
Queens Road
HALIFAX
HX1 4NT





REGISTERED NUMBER: 04663314 (England and Wales)





ACCOUNTANTS: Walter Dawson & Son
Chartered Accountants
First Floor Offices, Unit A4
Old Power Way
Lowfields Business Park
Elland
HX5 9DE

BIBBYS OF HALIFAX LIMITED (REGISTERED NUMBER: 04663314)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,600 19,900

CURRENT ASSETS
Stocks 160,000 149,000
Debtors 5 60,626 57,406
Cash at bank and in hand 426,194 460,983
646,820 667,389
CREDITORS
Amounts falling due within one year 6 193,608 225,663
NET CURRENT ASSETS 453,212 441,726
TOTAL ASSETS LESS CURRENT
LIABILITIES

474,812

461,626

CREDITORS
Amounts falling due after more than
one year

7

(14,167

)

(25,584

)

PROVISIONS FOR LIABILITIES (3,848 ) (3,930 )
NET ASSETS 456,797 432,112

CAPITAL AND RESERVES
Called up share capital 100 100
Profit and loss account 456,697 432,012
456,797 432,112

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

BIBBYS OF HALIFAX LIMITED (REGISTERED NUMBER: 04663314)

BALANCE SHEET - continued
31 MAY 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by:





M A Inman - Director


BIBBYS OF HALIFAX LIMITED (REGISTERED NUMBER: 04663314)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Bibbys of Halifax 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.

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.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost

STOCKS
Stocks, which include work in progress, are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

BIBBYS OF HALIFAX LIMITED (REGISTERED NUMBER: 04663314)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

2. ACCOUNTING POLICIES - continued

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 12 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 June 2023 68,446 4,404 23,895 96,745
Additions - - 6,995 6,995
At 31 May 2024 68,446 4,404 30,890 103,740
DEPRECIATION
At 1 June 2023 68,446 4,404 3,995 76,845
Charge for year - - 5,295 5,295
At 31 May 2024 68,446 4,404 9,290 82,140
NET BOOK VALUE
At 31 May 2024 - - 21,600 21,600
At 31 May 2023 - - 19,900 19,900

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 57,982 52,718
Other debtors 2,644 4,688
60,626 57,406

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts - 10,137
Trade creditors 141,750 151,470
Taxation and social security 31,194 41,236
Other creditors 10,664 12,820
193,608 225,663

BIBBYS OF HALIFAX LIMITED (REGISTERED NUMBER: 04663314)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 14,167 24,167
Hire purchase contracts - 1,417
14,167 25,584