03014209falsethe collection, treatment and disposal of hazardous and non-hazardous waste2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/cd:Director12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-12-012023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22022-12-012023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32022-12-012023-11-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-12-012023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass42022-12-012023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-11-30http://www.companieshouse.gov.uk/2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/cd:FRS1022022-12-012023-11-30http://www.companieshouse.gov.uk/2023-11-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-12-012023-11-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-12-012023-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03014209
H & E Trotter Ltd
ACCOUNTS
FOR THE YEAR ENDED 30/11/2023

H & E Trotter Ltd

ACCOUNTS
FOR THEYEARENDED30/11/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet2
Notes To The Accounts3
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

H & E Trotter Ltd

BALANCE SHEET AT 30/11/2023
20232022
Notes££
FIXED ASSETS
Tangible assets21,497,1061,572,777
CURRENT ASSETS
Stock163,197130,547
Debtors4266,186269,058
Cash at bank and in hand49,408109,496
478,791509,101
CREDITORS: Amounts falling due within one year5616,337584,841
NET CURRENT LIABILITIES(137,546)(75,740)
TOTAL ASSETS LESS CURRENT LIABILITIES1,359,5601,497,037
CREDITORS: Amounts falling due after more than one year6332,009464,567
PROVISIONS FOR LIABILITIES AND CHARGES9267,862217,733
NET ASSETS759,689814,737
CAPITAL AND RESERVES
Called up share capital10100100
Revaluation reserve1e,113,6824,332
Profit and loss account755,907810,305
SHAREHOLDERS' FUNDS759,689814,737
For the year ending 30/11/2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 04/04/2024 and signed on their behalf by
.............................
Colin Trotter
Director

H & E Trotter Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsreducing balance 5%
Plant and Machineryreducing balance 10%
Commercial Vehiclesreducing balance 15%
Equipmentreducing balance 10%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Profit and Loss Reserve - Non Distributable
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the profit and loss reserve - non distributable (see also note11).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss reserve - distributable.

H & E Trotter Ltd

2. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachinery Etc.Total
£££
Cost
At 01/12/2022684,6421,589,7932,274,435
Additions-172,172172,172
Disposals(15,970)(156,549)(172,519)
At 30/11/2023668,6721,605,4162,274,088
Depreciation
At 01/12/202276,812624,846701,658
Disposals(799)(47,844)(48,643)
For the year8,930115,037123,967
At 30/11/202384,943692,039776,982
Net Book Amounts
At 30/11/2023583,729913,3771,497,106
At 30/11/2022607,830964,9471,572,777
3. STOCK 20232022
££
Stock comprises:
Stock72,00070,800
Work in progress91,19759,747
163,197130,547
4. DEBTORS 20232022
££
Amounts falling due within one year:
Trade debtors246,449217,006
Other debtors19,73752,052
266,186269,058

H & E Trotter Ltd

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Bank loans and overdrafts20,31721,430
Trade creditors112,874145,407
Taxation and social security113,62980,294
Other creditors369,517337,710
616,337584,841
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans and overdrafts177,620193,361
Other creditors154,389271,206
332,009464,567
Included within creditors due after more than one year are:
Amounts falling due after more than five years
- repayable by installments96,350150,500
7. SECURED CREDITORS
20232022
££
Amount of bank loans and overdrafts which are secured197,937214,791
The bank loan is secured on the land at Low Dyke, Calthwaite, Penrith, Cumbria, CA11 9PS, and also by personal guarantees by the Directors.
8. EMPLOYEES
20232022
No.No.
Average number of employees1514

H & E Trotter Ltd

9. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation267,862217,733
267,862217,733
10. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
50 A Ordinary shares of £1 each5050
25 B Ordinary shares of £1 each2525
25 C Ordinary shares of £1 each2525
25 Class "C" shares of £1 each25
100100
11. PROFIT AND LOSS RESERVE - NON DISTRIBUTABLE 20232022
££
Profit and Loss Reserve - Non Distributable3,6824,332
3,6824,332
12. CONTROLLING PARTY
The company is under the control of Mrs Edna Trotter.
13. RELATED PARTY TRANSACTIONS
Mrs E Trotter - Mother of the 2 directors - Included within other debtors is a balance of £4,014 (2022 : £36,737) which is owed by Mrs Trotter to the company. This has been repaid after the year end.