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REGISTERED NUMBER: 03914176 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2023 TO 31 OCTOBER 2023

FOR

MERRYWEATHER & SONS LTD

MERRYWEATHER & SONS LTD (REGISTERED NUMBER: 03914176)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 January 2023 to 31 October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MERRYWEATHER & SONS LTD

COMPANY INFORMATION
for the Period 1 January 2023 to 31 October 2023







DIRECTORS: A T Councell
A P Dacre
R J Flinn





REGISTERED OFFICE: 20 Grosvenor Place
London
London
SW1X 7HN





REGISTERED NUMBER: 03914176 (England and Wales)





ACCOUNTANTS: Calcutt Matthews WBZ Ltd
19 North Street
Ashford
Kent
TN24 8LF

MERRYWEATHER & SONS LTD (REGISTERED NUMBER: 03914176)

BALANCE SHEET
31 October 2023

31.10.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 28,017 29,537
28,017 29,537

CURRENT ASSETS
Debtors 6 154,625 291,695
Cash at bank and in hand 289,900 715,940
444,525 1,007,635
CREDITORS
Amounts falling due within one year 7 143,084 123,485
NET CURRENT ASSETS 301,441 884,150
TOTAL ASSETS LESS CURRENT LIABILITIES 329,458 913,687

CREDITORS
Amounts falling due after more than one
year

8

(28,766

)

(27,888

)

PROVISIONS FOR LIABILITIES 9 (5,323 ) (23,315 )
NET ASSETS 295,369 862,484

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 11 295,368 862,483
SHAREHOLDERS' FUNDS 295,369 862,484

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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.

MERRYWEATHER & SONS LTD (REGISTERED NUMBER: 03914176)

BALANCE SHEET - continued
31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2024 and were signed on its behalf by:





R J Flinn - Director


MERRYWEATHER & SONS LTD (REGISTERED NUMBER: 03914176)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 January 2023 to 31 October 2023


1. STATUTORY INFORMATION

Merryweather & Sons Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

MERRYWEATHER & SONS LTD (REGISTERED NUMBER: 03914176)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 January 2023 to 31 October 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 October 2023 1,800
AMORTISATION
At 1 January 2023
and 31 October 2023 1,800
NET BOOK VALUE
At 31 October 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 January 2023 42,926 52,935 95,861
Additions 4,350 - 4,350
At 31 October 2023 47,276 52,935 100,211
DEPRECIATION
At 1 January 2023 32,997 33,327 66,324
Charge for period 1,785 4,085 5,870
At 31 October 2023 34,782 37,412 72,194
NET BOOK VALUE
At 31 October 2023 12,494 15,523 28,017
At 31 December 2022 9,929 19,608 29,537

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.12.22
£    £   
Trade debtors 154,625 284,672
Other debtors - 1,000
Prepayments and accrued income - 6,023
154,625 291,695

MERRYWEATHER & SONS LTD (REGISTERED NUMBER: 03914176)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 January 2023 to 31 October 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.12.22
£    £   
Trade creditors - 4,627
Amounts owed to group undertakings 13,039 22,000
Tax 91,219 37,434
VAT 35,424 55,392
Other creditors - 1,000
Accrued expenses 3,402 3,032
143,084 123,485

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.23 31.12.22
£    £   
Amounts owed to group undertakings 28,766 27,888

9. PROVISIONS FOR LIABILITIES
31.10.23 31.12.22
£    £   
Deferred tax 5,323 5,612
Bad Debt Provision - 17,703
5,323 23,315

Deferred
tax
£   
Balance at 1 January 2023 5,612
Credit to Income Statement during period (289 )
Balance at 31 October 2023 5,323

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.12.22
value: £    £   
1 Ordinary £1 1 1

MERRYWEATHER & SONS LTD (REGISTERED NUMBER: 03914176)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 January 2023 to 31 October 2023


11. RESERVES
Retained
earnings
£   

At 1 January 2023 862,483
Profit for the period 172,885
Dividends (740,000 )
At 31 October 2023 295,368

12. RELATED PARTY DISCLOSURES

J Wright
There is a rental charge of £24,000 (2022 - £24,000) paid to Jeff and Brenda Wright.

Trans-fire Protection Limited

There is an Interest free and unsecured loan made to Trans-fire Protection Ltd Limited of £28,766 (2022- £27,887.86).

Management charges paid total £108,333 (2022; £130,000).

Trans-Fire Holdings Ltd
Parent company and ultimate controlling party of Merryweather and Sons Limited.

During the year an interest free loan was repaid of £8,961.40 and the amount due at the year end was £13,038.60 (2022; £-22,000).