Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-302022-12-01truefalseNo description of principal activity44trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC063668 2022-12-01 2023-11-30 SC063668 2021-12-01 2022-11-30 SC063668 2023-11-30 SC063668 2022-11-30 SC063668 c:Director1 2022-12-01 2023-11-30 SC063668 c:Director2 2022-12-01 2023-11-30 SC063668 c:Director3 2022-12-01 2023-11-30 SC063668 c:Director4 2022-12-01 2023-11-30 SC063668 c:RegisteredOffice 2022-12-01 2023-11-30 SC063668 d:Buildings 2022-12-01 2023-11-30 SC063668 d:Buildings 2023-11-30 SC063668 d:Buildings 2022-11-30 SC063668 d:Buildings d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 SC063668 d:Buildings d:LongLeaseholdAssets 2022-12-01 2023-11-30 SC063668 d:Buildings d:LongLeaseholdAssets 2023-11-30 SC063668 d:Buildings d:LongLeaseholdAssets 2022-11-30 SC063668 d:Buildings d:ShortLeaseholdAssets 2022-12-01 2023-11-30 SC063668 d:PlantMachinery 2022-12-01 2023-11-30 SC063668 d:PlantMachinery 2023-11-30 SC063668 d:PlantMachinery 2022-11-30 SC063668 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 SC063668 d:MotorVehicles 2022-12-01 2023-11-30 SC063668 d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 SC063668 d:CurrentFinancialInstruments 2023-11-30 SC063668 d:CurrentFinancialInstruments 2022-11-30 SC063668 d:Non-currentFinancialInstruments 2023-11-30 SC063668 d:Non-currentFinancialInstruments 2022-11-30 SC063668 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 SC063668 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 SC063668 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 SC063668 d:Non-currentFinancialInstruments d:AfterOneYear 2022-11-30 SC063668 d:ShareCapital 2023-11-30 SC063668 d:ShareCapital 2022-11-30 SC063668 d:RetainedEarningsAccumulatedLosses 2023-11-30 SC063668 d:RetainedEarningsAccumulatedLosses 2022-11-30 SC063668 c:OrdinaryShareClass1 2022-12-01 2023-11-30 SC063668 c:OrdinaryShareClass1 2023-11-30 SC063668 c:OrdinaryShareClass1 2022-11-30 SC063668 c:FRS102 2022-12-01 2023-11-30 SC063668 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 SC063668 c:FullAccounts 2022-12-01 2023-11-30 SC063668 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 SC063668 2 2023-11-30 SC063668 3 2023-11-30 SC063668 2 2022-11-30 SC063668 3 2022-11-30 SC063668 f:PoundSterling 2022-12-01 2023-11-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC063668










JACK SLEIGH & SONS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

 
JACK SLEIGH & SONS LIMITED
 

COMPANY INFORMATION


DIRECTORS
Andrew A Sleigh 
Patricia A Sleigh 
Andrew J Sleigh 
John A Sleigh 




REGISTERED NUMBER
SC063668



REGISTERED OFFICE
Johnstone House
52 - 54 Rose Street

Aberdeen

AB10 1HA




ACCOUNTANTS
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
JACK SLEIGH & SONS LIMITED
REGISTERED NUMBER:SC063668

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2023

2023
2022
£
£

FIXED ASSETS
  

Tangible assets
 4 
1,186,199
1,197,641

Investments
 5 
10,060
20,060

  
1,196,259
1,217,701

CURRENT ASSETS
  

Stocks
  
406,270
429,164

Debtors: amounts falling due within one year
 6 
89,684
55,876

Cash at bank and in hand
  
260,488
101,670

  
756,442
586,710

Creditors: amounts falling due within one year
 7 
(623,534)
(480,137)

NET CURRENT ASSETS
  
 
 
132,908
 
 
106,573

TOTAL ASSETS LESS CURRENT LIABILITIES
  
1,329,167
1,324,274

Creditors: amounts falling due after more than one year
 8 
(526,190)
(539,363)

PROVISIONS FOR LIABILITIES
  

Deferred Taxation
  
(66,173)
(52,465)

  
 
 
(66,173)
 
 
(52,465)

NET ASSETS
  
736,804
732,446


CAPITAL AND RESERVES
  

Called up share capital 
 9 
1,000
1,000

Profit and loss account
  
735,804
731,446

  
736,804
732,446


Page 1

 
JACK SLEIGH & SONS LIMITED
REGISTERED NUMBER:SC063668

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 August 2024.




Andrew A Sleigh
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
JACK SLEIGH & SONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1.


GENERAL INFORMATION

Jack Sleigh & Sons Limited is a private company, limited by shares, incorporated in Scotland with registration number SC063668. The registered office is Johnstone House, 52-54 Rose Street, Aberdeen, AB10 1HA. 
The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
JACK SLEIGH & SONS LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.ACCOUNTING POLICIES (continued)

 
2.3

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.4

CURRENT AND DEFERRED TAXATION

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.5

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
JACK SLEIGH & SONS LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.ACCOUNTING POLICIES (continued)


2.5
TANGIBLE FIXED ASSETS (CONTINUED)

Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows..

Depreciation is provided on the following basis:

Property improvements
-
4.0%
straight line
Plant & machinery
-
12.5%
reducing balance
Motor vehicles
-
25.0%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 4 (2022 - 4).

Page 5

 
JACK SLEIGH & SONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


4.


TANGIBLE FIXED ASSETS





Heritable property
Property improvements
Plant & machinery
Total

£
£
£
£



COST OR VALUATION


At 1 December 2022
921,507
30,944
603,381
1,555,832


Additions
-
-
25,550
25,550



At 30 November 2023

921,507
30,944
628,931
1,581,382



DEPRECIATION


At 1 December 2022
-
16,728
341,463
358,191


Charge for the year on owned assets
-
1,054
35,938
36,992



At 30 November 2023

-
17,782
377,401
395,183



NET BOOK VALUE



At 30 November 2023
921,507
13,162
251,530
1,186,199



At 30 November 2022
921,507
14,216
261,918
1,197,641


5.


FIXED ASSET INVESTMENTS





Unlisted investments
Other fixed asset investments
Total

£
£
£



COST OR VALUATION


At 1 December 2022
60
30,000
30,060



At 30 November 2023

60
30,000
30,060



IMPAIRMENT


At 1 December 2022
-
10,000
10,000


Charge for the period
-
10,000
10,000



At 30 November 2023

-
20,000
20,000



NET BOOK VALUE



At 30 November 2023
60
10,000
10,060



At 30 November 2022
60
20,000
20,060

Page 6

 
JACK SLEIGH & SONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


6.


DEBTORS

2023
2022
£
£


Trade debtors
20,798
25,528

Other debtors
68,886
30,348

89,684
55,876



7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Bank loans
13,672
13,443

Trade creditors
65,633
62,564

Other creditors
544,229
404,130

623,534
480,137



8.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023
2022
£
£

Bank loans
526,190
539,363

526,190
539,363


The bank loans included in note 7 and 8 are secured by floating charge over the assets of the company.
Included in the loan due after more than one year, are payments due in more than 5 years of £457,828 (2022 - £485,592).


9.


SHARE CAPITAL

2023
2022
£
£
ALLOTTED, CALLED UP AND FULLY PAID



1,000 (2022 - 1,000) Ordinary shares of £1.00 each
1,000
1,000



Page 7