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REGISTERED NUMBER: 01417493 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

N. & S.A. FISHER LIMITED

N. & S.A. FISHER LIMITED (REGISTERED NUMBER: 01417493)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


N. & S.A. FISHER LIMITED

COMPANY INFORMATION
for the Year Ended 30 November 2023







DIRECTORS: Mrs A M Fisher
M Fisher
P E Fisher
T Fisher
Mrs S M Fisher





SECRETARY: Mrs S M Fisher





REGISTERED OFFICE: Spa Lane
Wigston Magna
Leicester
LE18 3QD





REGISTERED NUMBER: 01417493 (England and Wales)





ACCOUNTANTS: SFB Group Limited
Chartered Accountants
Unit 8 Oak Spinney Park
Ratby Lane
Leicester Forest East
Leicester
LE3 3AW

N. & S.A. FISHER LIMITED (REGISTERED NUMBER: 01417493)

BALANCE SHEET
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 58,248 65,817

CURRENT ASSETS
Stocks 729,370 761,237
Debtors 5 74,859 42,365
Cash at bank and in hand 132,722 107,979
936,951 911,581
CREDITORS
Amounts falling due within one year 6 213,441 184,915
NET CURRENT ASSETS 723,510 726,666
TOTAL ASSETS LESS CURRENT LIABILITIES 781,758 792,483

CREDITORS
Amounts falling due after more than one year 7 (15,000 ) (25,000 )

PROVISIONS FOR LIABILITIES (11,068 ) (14,043 )
NET ASSETS 755,690 753,440

CAPITAL AND RESERVES
Called up share capital 8 17,703 17,703
Capital redemption reserve 21,637 21,637
Retained earnings 716,350 714,100
SHAREHOLDERS' FUNDS 755,690 753,440

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

N. & S.A. FISHER LIMITED (REGISTERED NUMBER: 01417493)

BALANCE SHEET - continued
30 November 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by:





Mrs A M Fisher - Director


N. & S.A. FISHER LIMITED (REGISTERED NUMBER: 01417493)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

N. & S.A. Fisher 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 and represents the amount receivable for goods supplied, net of returns, discounts, valued 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.
Land and buildings - 10% on cost
Plant and machinery etc - 25% on cost, 25% on reducing balance, 20% on cost and 10% on reducing balance

Stocks
Stocks are stated at the lower of cost and 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 balance sheet 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 and Loss Account.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

N. & S.A. FISHER LIMITED (REGISTERED NUMBER: 01417493)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued

Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2022 - 22 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022 132,884 333,519 466,403
Additions - 7,400 7,400
At 30 November 2023 132,884 340,919 473,803
DEPRECIATION
At 1 December 2022 132,582 268,004 400,586
Charge for year 226 14,743 14,969
At 30 November 2023 132,808 282,747 415,555
NET BOOK VALUE
At 30 November 2023 76 58,172 58,248
At 30 November 2022 302 65,515 65,817

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 46,278 19,778
Other debtors 28,581 22,587
74,859 42,365

N. & S.A. FISHER LIMITED (REGISTERED NUMBER: 01417493)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 145,682 69,666
Taxation and social security 42,975 38,991
Other creditors 14,784 66,258
213,441 184,915

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 15,000 25,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
17,703 Ordinary £1 17,703 17,703

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£    £   
Mrs A M Fisher
Balance outstanding at start of year 566 (13,635 )
Amounts advanced 2,798 14,201
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,364 566

M Fisher
Balance outstanding at start of year 920 2,556
Amounts advanced 72 -
Amounts repaid - (1,636 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 992 920

P E Fisher
Balance outstanding at start of year 1,879 1,459
Amounts advanced 432 420
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,311 1,879

N. & S.A. FISHER LIMITED (REGISTERED NUMBER: 01417493)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

T Fisher
Balance outstanding at start of year 1,021 3,407
Amounts repaid (89 ) (2,386 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 932 1,021