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REGISTERED NUMBER: 00228726 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

J Allcock and Sons Limited

J Allcock and Sons Limited (Registered number: 00228726)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J Allcock and Sons Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: A J Rushton
K Devine





SECRETARY: Mrs J Rushton





REGISTERED OFFICE: Oak Chemical Works
Textile Street
West Gorton
Manchester
M12 5DL





REGISTERED NUMBER: 00228726 (England and Wales)





ACCOUNTANTS: Beauchamp Charles Chartered Accountants
145a Ashley Road
Hale
Altrincham
Cheshire
WA14 2UW

J Allcock and Sons Limited (Registered number: 00228726)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 743,054 765,801
Investments 5 96,842 96,842
839,896 862,643

CURRENT ASSETS
Stocks 173,297 239,477
Debtors 6 87,979 164,592
Cash at bank and in hand 100,873 26,016
362,149 430,085
CREDITORS
Amounts falling due within one year 7 614,217 608,344
NET CURRENT LIABILITIES (252,068 ) (178,259 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

587,828

684,384

CREDITORS
Amounts falling due after more than one
year

8

331,799

382,521
NET ASSETS 256,029 301,863

CAPITAL AND RESERVES
Called up share capital 1,656 1,656
Revaluation reserve 9 3,588 3,588
Retained earnings 250,785 296,619
SHAREHOLDERS' FUNDS 256,029 301,863

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

J Allcock and Sons Limited (Registered number: 00228726)

Balance Sheet - continued
31 December 2023


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 Board of Directors and authorised for issue on 18 April 2024 and were signed on its behalf by:





A J Rushton - Director


J Allcock and Sons Limited (Registered number: 00228726)

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

1. STATUTORY INFORMATION

J Allcock and Sons 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.
Freehold property - 2% on cost
Long leasehold - over the term of the lease
Plant and machinery - 7.5% on reducing balance
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

J Allcock and Sons Limited (Registered number: 00228726)

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

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 20 (2022 - 20 ) .

4. TANGIBLE FIXED ASSETS
Freehold Long Plant and
property leasehold machinery
£    £    £   
COST
At 1 January 2023 243,717 575,412 804,637
Additions - - 3,999
At 31 December 2023 243,717 575,412 808,636
DEPRECIATION
At 1 January 2023 110,423 164,124 589,765
Charge for year 4,875 6,231 16,389
At 31 December 2023 115,298 170,355 606,154
NET BOOK VALUE
At 31 December 2023 128,419 405,057 202,482
At 31 December 2022 133,294 411,288 214,872

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 783 32,325 1,656,874
Additions - 3,415 7,414
At 31 December 2023 783 35,740 1,664,288
DEPRECIATION
At 1 January 2023 382 26,379 891,073
Charge for year 196 2,470 30,161
At 31 December 2023 578 28,849 921,234
NET BOOK VALUE
At 31 December 2023 205 6,891 743,054
At 31 December 2022 401 5,946 765,801

J Allcock and Sons Limited (Registered number: 00228726)

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 96,842
NET BOOK VALUE
At 31 December 2023 96,842
At 31 December 2022 96,842

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 74,819 152,246
Other debtors 10,805 10,225
Prepayments 2,355 2,121
87,979 164,592

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 398,742 339,637
Trade creditors 151,003 167,472
Social security and other taxes 7,412 8,174
VAT 8,621 32,584
Other creditors 17,671 18,757
Directors' current accounts 30,342 41,720
Accrued expenses 426 -
614,217 608,344

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans - 2-5 years 229,330 360,535
Bank loans more 5 yr by instal 102,469 21,986
331,799 382,521

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 102,469 21,986

J Allcock and Sons Limited (Registered number: 00228726)

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

9. RESERVES
Revaluation
reserve
£   
At 1 January 2023
and 31 December 2023 3,588

10. ULTIMATE CONTROLLING PARTY

The controlling party is A J Rushton.