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REGISTERED NUMBER: 02385238 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2023

for

G R Pook Engineering Limited

G R Pook Engineering Limited (Registered number: 02385238)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

G R Pook Engineering Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: G R Pook





REGISTERED OFFICE: Woodward Road
Howden Industrial Estate
Tiverton
Devon
EX16 5HW





REGISTERED NUMBER: 02385238 (England and Wales)





ACCOUNTANTS: Kirk Hills Business Advisors
a trading name of RT Marke &
Co Chartered Accountants Ltd
5 Barnfield Crescent
Exeter
Devon
EX1 1QT

G R Pook Engineering Limited (Registered number: 02385238)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 677,287 740,832

CURRENT ASSETS
Stocks 86,770 90,774
Debtors 5 106,477 128,788
Cash at bank and in hand 117 1,115
193,364 220,677
CREDITORS
Amounts falling due within one year 6 445,269 510,921
NET CURRENT LIABILITIES (251,905 ) (290,244 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

425,382

450,588

CREDITORS
Amounts falling due after more than one
year

7

(19,232

)

(28,995

)

PROVISIONS FOR LIABILITIES (69,666 ) (64,954 )
NET ASSETS 336,484 356,639

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 336,284 356,439
SHAREHOLDERS' FUNDS 336,484 356,639

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 director acknowledges his 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.

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 12 September 2024 and were signed by:




G R Pook - Director


G R Pook Engineering Limited (Registered number: 02385238)

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


1. STATUTORY INFORMATION

G R Pook Engineering 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, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Office equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 8 (2022 - 10 ) .

G R Pook Engineering Limited (Registered number: 02385238)

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


4. TANGIBLE FIXED ASSETS
Freehold Plant and Office Motor
property machinery equipment vehicles Totals
£    £    £    £    £   
COST
At 1 January 2023 396,838 516,019 44,281 888,454 1,845,592
Additions - 7,190 - - 7,190
At 31 December 2023 396,838 523,209 44,281 888,454 1,852,782
DEPRECIATION
At 1 January 2023 - 369,816 30,428 704,516 1,104,760
Charge for year - 22,672 2,076 45,987 70,735
At 31 December 2023 - 392,488 32,504 750,503 1,175,495
NET BOOK VALUE
At 31 December 2023 396,838 130,721 11,777 137,951 677,287
At 31 December 2022 396,838 146,203 13,853 183,938 740,832

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2023 74,585 212,000 286,585
Transfer to ownership (74,585 ) - (74,585 )
At 31 December 2023 - 212,000 212,000
DEPRECIATION
At 1 January 2023 30,498 138,138 168,636
Charge for year - 18,466 18,466
Transfer to ownership (30,498 ) - (30,498 )
At 31 December 2023 - 156,604 156,604
NET BOOK VALUE
At 31 December 2023 - 55,396 55,396
At 31 December 2022 44,087 73,862 117,949

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 102,602 120,874
Other debtors 3,875 7,914
106,477 128,788

G R Pook Engineering Limited (Registered number: 02385238)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 77,981 71,761
Hire purchase contracts 2,258 32,252
Trade creditors 150,627 148,443
Taxation and social security 45,402 73,453
Other creditors 169,001 185,012
445,269 510,921

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 19,232 28,995

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the company entered into transactions with entities involving Mr G R Pook, the director of the company.

The company paid a total rent covering the year ended 31 December 2023 to Mr G R Pook of £15,000.

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £4,000 (2022 - £20,000) were paid to the director .

G R Pook Engineering Limited invoiced a net total of £410,828 to SMW Haulage Limited for the provision of diesel, lorry hire, repairs and labour services for the year ended 31 December 2023 (2022 £341,250).

As at 31 December 2023 G R Pook Engineering Ltd were owed £22,876 (2022 £16,029) by SMW Haulage Limited.. GR Pook Engineering Limited also owed SMW Haulage Limited £91,400 (2022 £84,900) on an inter-company loan




Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
G R Pook Engineering 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 G R Pook Engineering Limited for the year ended 31 December 2023 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 G R Pook Engineering Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of G R Pook Engineering Limited and state those matters that we have agreed to state to the director of G R Pook Engineering 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 G R Pook Engineering Limited and its director for our work or for this report.

It is your duty to ensure that G R Pook Engineering 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 loss of G R Pook Engineering Limited. You consider that G R Pook Engineering 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 G R Pook Engineering 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.






Kirk Hills Business Advisors
a trading name of RT Marke &
Co Chartered Accountants Ltd
5 Barnfield Crescent
Exeter
Devon
EX1 1QT


13 September 2024