Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 March 2024
Directors | |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 3 | |||||||
Investment property | 4 | |||||||
Current assets | ||||||||
Stocks | 5 | |||||||
Debtors | 6 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 7 | ( | ( | |||||
Net current assets (liabilities) | ||||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | 8 | ( | ( | |||||
Provisions for liabilities | 10 | ( | ( | |||||
Net assets | ||||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Other reserves | ||||||||
Profit and loss account | ||||||||
Shareholders' funds | 13 |
The financial statements were approved and authorised for issue by the Board of Directors on 29 July 2024, and are signed on its behalf by: |
Director Registered Company No. 05345019 |
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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Functional and presentation currency | |
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Turnover policy | |
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Revenue from sale of goods | |
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Operating leases | |
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Employee benefits | |
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Foreign currency translation | |
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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 | ||
Fixtures and fittings | ||
Vehicles |
Investment property | |
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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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Trade and other creditors | |
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Government grants or assistance | |
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2. | Average number of employees |
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2024 | 2023 | |||
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Average number of employees during the year |
3. | Tangible fixed assets |
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Land & buildings | Plant & machinery | Vehicles | Fixtures & fittings | Total | ||||||
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£ | £ | £ | £ | £ | ||||||
Cost or valuation | ||||||||||
At 01 April 23 | ||||||||||
Additions | ||||||||||
Disposals | ( | ( | ( | ( | ||||||
At 31 March 24 | ||||||||||
Depreciation and impairment | ||||||||||
At 01 April 23 | ||||||||||
Charge for year | ||||||||||
On disposals | ( | ( | ( | ( | ||||||
At 31 March 24 | ||||||||||
Net book value | ||||||||||
At 31 March 24 | ||||||||||
At 31 March 23 |
4. | Investment property |
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The fair value of the property at 31 March 2024 has been arrived at on the basis of a valuation carried out by Mr B Bell, a director of the company who is not a professionally qualified valuer. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties. The historical cost of the investment property is £125,901. Lloyds Bank PLC hold a fixed and floating charge over the company's investment property dated 21 February 2014. |
£ | ||
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Fair value at 01 April 23 | ||
At 31 March 24 |
5. | Stocks |
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2024 | 2023 | |||
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£ | £ | |||
Raw materials and consumables | ||||
Total |
6. | Debtors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Trade debtors / trade receivables | ||||
Other debtors | ||||
Prepayments and accrued income | ||||
Total |
7. | Creditors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
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 |
8. | Creditors: amounts due after one year |
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2024 | 2023 | |||
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£ | £ | |||
Bank borrowings and overdrafts | ||||
Other creditors | ||||
Total |
9. | Obligations under finance leases |
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2024 | 2023 | |||
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£ | £ | |||
Finance lease and HP contracts |
10. | Provisions for liabilities |
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2024 | 2023 | |||
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£ | £ | |||
Net deferred tax liability (asset) | ||||
Total |
11. | Other commitments |
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12. | Directors advances, credits and guarantees |
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Brought forward | Amount advanced | Amount repaid | Carried forward | |||||
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£ | £ | £ | £ | |||||
( | ||||||||
( |
13. | Fair value reserve |
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£ | ||
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Fair value reserve at 01 April 23 | ||
At 31 March 24 |