00932280falseGeneral builders2023-05-012024-04-30http://www.companieshouse.gov.uk/2023-04-30http://www.companieshouse.gov.uk/cd:CompanySecretary12023-05-012024-04-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-04-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-04-30http://www.companieshouse.gov.uk/cd:Director12023-05-012024-04-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-04-30http://www.companieshouse.gov.uk/pt:PlantMachinery2024-04-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-04-30http://www.companieshouse.gov.uk/cd:Director22023-05-012024-04-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-04-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-04-30http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2023-04-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-04-30http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2024-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-05-012024-04-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-05-012024-04-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-05-012024-04-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-04-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-04-30http://www.companieshouse.gov.uk/2023-05-012024-04-30http://www.companieshouse.gov.uk/2023-04-30http://www.companieshouse.gov.uk/cd:FRS1022023-05-012024-04-30http://www.companieshouse.gov.uk/2024-04-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-05-012024-04-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-05-012024-04-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 00932280

N L Suggitt & Sons Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024

Prepared By:
Chris Ford Limited
Chartered Accountants
16 Kithurst Park
Storrington
West Sussex
RH20 4JH

N L Suggitt & Sons Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
DIRECTORS
Mark Suggitt
Franca Suggitt
SECRETARY
Franca Suggitt
REGISTERED OFFICE
16 Kithurst Park
Storrington
West Sussex
RH20 4JH
COMPANY DETAILS
registered in EW - England and Wales, registered number 00932280
ACCOUNTANTS
Chris Ford Limited
Chartered Accountants
16 Kithurst Park
Storrington
West Sussex
RH20 4JH

N L Suggitt & Sons Limited

ACCOUNTS
FOR THEYEARENDED30/04/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

N L Suggitt & Sons Limited

BALANCE SHEET AT 30/04/2024
20242023
Notes££
FIXED ASSETS
Tangible assets33,2503,785
CURRENT ASSETS
Stock1,875,0002,159,960
Debtors6371104
Cash at bank and in hand42,95310,630
1,918,3242,170,694
CREDITORS: Amounts falling due within one year7320,909570,497
NET CURRENT ASSETS1,597,4151,600,197
TOTAL ASSETS LESS CURRENT LIABILITIES1,600,6651,603,982
PROVISIONS FOR LIABILITIES AND CHARGES8600600
NET ASSETS1,600,0651,603,382
CAPITAL AND RESERVES
Called up share capital9525525
Capital redemption reserve101,0751,075
Profit and loss account1,598,4651,601,782
SHAREHOLDERS' FUNDS1,600,0651,603,382
For the year ending 30/04/2024 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 10/09/2024 and signed on their behalf by
.............................
Mark Suggitt
Director

N L Suggitt & Sons Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
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 section 1A - 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.
Investment Propertiesreducing balance 15%
Plant and Machineryreducing balance 10%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 25%
1c. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1d. 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.

N L Suggitt & Sons Limited

2. EMPLOYEES
20242023
No.No.
Average number of employees22
3. TANGIBLE FIXED ASSETS
Plant andCommercialFixtures
MachineryVehiclesand FittingsTotal
££££
Cost
At 01/05/202319,93713,99910,94844,884
At 30/04/202419,93713,99910,94844,884
Depreciation
At 01/05/202318,19113,85910,54942,599
For the year17535100310
At 30/04/202418,36613,89410,64942,909
Net Book Amounts
At 30/04/20241,5711052991,975
At 30/04/20231,7461403992,285
4. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/05/20231,5001,500
At 30/04/20241,5001,500
5. STOCK 20242023
££
Stock comprises:
Work in progress1,875,0002,159,960
1,875,0002,159,960

N L Suggitt & Sons Limited

6. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors371-
VAT-104
371104
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax-17,400
VAT582-
Directors current account160,927365,327
Accruals1,400187,770
Amounts due to group companies158,000-
320,909570,497
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation600600
600600
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
525 Ordinary shares of £1 each525525
525525

N L Suggitt & Sons Limited

10. OTHER RESERVES 20242023
££
Capital redemption reserve1,0751,075
1,0751,075
11. RELATED PARTY TRANSACTIONS
During the year the company received a loan from the company Suggitt Constructions Limited, a company under common control. The balance outstanding at the balance sheet date was £158,000, (2023: £Nil).