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REGISTERED NUMBER: 02486865 (England and Wales)















CAS Hancocks & Son Limited

Unaudited Financial Statements for the Year Ended 31 January 2024






CAS Hancocks & Son Limited (Registered number: 02486865)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 8


CAS Hancocks & Son Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: D A Hancocks





SECRETARY: L J Mills





REGISTERED OFFICE: The White House
10 Chapel Road
Flackwell Heath
Buckinghamshire
HP10 9AA





REGISTERED NUMBER: 02486865 (England and Wales)





ACCOUNTANTS: Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
CAS Hancocks & Son Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CAS Hancocks & Son Limited for the year ended 31 January 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of CAS Hancocks & Son Limited in accordance with the terms of our engagement letter dated 28 October 2021. Our work has been undertaken solely to prepare for your approval the financial statements of CAS Hancocks & Son Limited and state those matters that we have agreed to state to the director of CAS Hancocks & Son Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CAS Hancocks & Son Limited and its director for our work or for this report.

It is your duty to ensure that CAS Hancocks & Son Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CAS Hancocks & Son Limited. You consider that CAS Hancocks & Son Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CAS Hancocks & Son Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD


Date: .............................................

CAS Hancocks & Son Limited (Registered number: 02486865)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,098 13,523
Investment property 5 329,438 320,938
339,536 334,461

CURRENT ASSETS
Stocks 28,102 28,102
Debtors 6 1,930 2,811
Cash at bank and in hand 6,791 3,571
36,823 34,484
CREDITORS
Amounts falling due within one year 7 254,661 259,341
NET CURRENT LIABILITIES (217,838 ) (224,857 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,698

109,604

PROVISIONS FOR LIABILITIES 31,217 29,602
NET ASSETS 90,481 80,002

CAPITAL AND RESERVES
Called up share capital 1,300 1,300
Revaluation reserve 8 164,298 155,798
Retained earnings (75,117 ) (77,096 )
SHAREHOLDERS' FUNDS 90,481 80,002

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

CAS Hancocks & Son Limited (Registered number: 02486865)

Balance Sheet - continued
31 January 2024


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 director and authorised for issue on 5 September 2024 and were signed by:





D A Hancocks - Director


CAS Hancocks & Son Limited (Registered number: 02486865)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

CAS Hancocks & Son 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

CAS Hancocks & Son Limited (Registered number: 02486865)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2023
and 31 January 2024 78,139 27,448 27,886 3,675 137,148
DEPRECIATION
At 1 February 2023 75,818 16,329 27,862 3,616 123,625
Charge for year 580 2,780 6 59 3,425
At 31 January 2024 76,398 19,109 27,868 3,675 127,050
NET BOOK VALUE
At 31 January 2024 1,741 8,339 18 - 10,098
At 31 January 2023 2,321 11,119 24 59 13,523

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 320,938
Revaluations 8,500
At 31 January 2024 329,438
NET BOOK VALUE
At 31 January 2024 329,438
At 31 January 2023 320,938

CAS Hancocks & Son Limited (Registered number: 02486865)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. INVESTMENT PROPERTY - continued

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2017 124,360
Valuation in 2018 12,450
Valuation in 2019 2,825
Valuation in 2020 2,041
Valuation in 2021 4,667
Valuation in 2022 16,000
Valuation in 2023 (6,545 )
Valuation in 2024 8,500
Cost 165,139
329,437

** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF
INVESTMENT PROPERTY

'COST' ACCOUNT TOTAL
Cost/valuation b/f 320,938
Revaluations 8,500
329,438

CLIENT SCREEN TOTAL = 329,437


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 969
Other debtors 1,345 1,345
Prepayments 585 497
1,930 2,811

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 1,413 -
VAT 6,600 5,844
Other creditors 2,804 1,564
Directors' current accounts 242,223 250,313
Accruals 1,621 1,620
254,661 259,341

CAS Hancocks & Son Limited (Registered number: 02486865)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. RESERVES
Revaluation
reserve
£   
At 1 February 2023 155,798
Investment prop reval 8,500

At 31 January 2024 164,298

9. INVESTMENT PROPERTY REVALUATION

The investment property has not been revalued professionally; a reasonable estimate has been provided by the director.

10. RELATED PARTY DISCLOSURES

The balance due to the director at the year end was £241,312 (2022: £250,313).

11. ULTIMATE CONTROLLING PARTY

The controlling party is D A Hancocks.