Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
30 November 2023
Directors | |
Registered Address | |
Place of Business | 7 Smithy Lane |
Bigby | |
Barnetby | |
Lincolnshire | |
DN38 6ES |
Registered Number |
Notes | 2023 | 2022 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 3 | |||||||
Current assets | ||||||||
Stocks | 4 | |||||||
Debtors | 5 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 6 | ( | ( | |||||
Net current assets (liabilities) | ( | |||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | 7 | ( | ( | |||||
Provisions for liabilities | 9 | ( | ( | |||||
Net assets | ||||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Profit and loss account | ||||||||
Shareholders' funds |
The financial statements were approved and authorised for issue by the Board of Directors on 7 August 2024, and are signed on its behalf by: |
Director Registered Company No. 09318063 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Basis of preparation | |
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Revenue from rendering of services | |
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Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities. |
Employee benefits | |
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Defined contribution pension plan | |
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Borrowing costs | |
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Current taxation | |
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Deferred tax | |
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Tangible fixed assets and depreciation | |
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Reducing balance (%) | ||
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Plant and machinery | ||
Vehicles | ||
Office Equipment |
Finance leases and hire purchase contracts | |
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Stocks and work in progress | |
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Trade and other debtors | |
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Cash and cash equivalents | |
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Trade and other creditors | |
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Share capital | |
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Government grants or assistance | |
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2. | Average number of employees |
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2023 | 2022 | |||
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Average number of employees during the year |
3. | Tangible fixed assets |
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Plant & machinery | Vehicles | Office Equipment | Total | |||||
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£ | £ | £ | £ | |||||
Cost or valuation | ||||||||
At 01 December 22 | ||||||||
Additions | ||||||||
Disposals | ( | ( | ||||||
At 30 November 23 | ||||||||
Depreciation and impairment | ||||||||
At 01 December 22 | ||||||||
Charge for year | ||||||||
On disposals | ( | ( | ||||||
At 30 November 23 | ||||||||
Net book value | ||||||||
At 30 November 23 | ||||||||
At 30 November 22 |
4. | Stocks |
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2023 | 2022 | |||
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£ | £ | |||
Work in progress | ||||
Total |
5. | Debtors: amounts due within one year |
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2023 | 2022 | |||
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£ | £ | |||
Trade debtors / trade receivables | ||||
Other debtors | ||||
Prepayments and accrued income | ||||
Total |
6. | Creditors: amounts due within one year |
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2023 | 2022 | |||
---|---|---|---|---|
£ | £ | |||
Trade creditors / trade payables | ||||
Bank borrowings and overdrafts | ||||
Taxation and social security | ||||
Finance lease and HP contracts | ||||
Other creditors | ||||
Accrued liabilities and deferred income | ||||
Total |
7. | Creditors: amounts due after one year |
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2023 | 2022 | |||
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£ | £ | |||
Bank borrowings and overdrafts | ||||
Other creditors | ||||
Total |
8. | Obligations under finance leases |
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2023 | 2022 | |||
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£ | £ | |||
Finance lease and HP contracts |
HIre purchase contracts with a carrying amount of £1,330,609 (2022 - £632,430) are denominated in £ with a nominal interest rate of market rate. The final instalment is due on 27 January 2028. The final instalment dates vary amongst the borrowings, the date disclosed relates to the final date on the last borrowing agreement. The hire purchase liabilities are secured on the related assets. |
9. | Provisions for liabilities |
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2023 | 2022 | |||
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£ | £ | |||
Net deferred tax liability (asset) | ||||
Total |
10. | Other commitments |
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