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REGISTERED NUMBER: 04966467 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

R Fiddler & Sons Limited

R Fiddler & Sons Limited (Registered number: 04966467)






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


R Fiddler & Sons Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: J Fiddler
R Fiddler (Jnr)
Mrs L Fiddler
R Fiddler (Snr)
Mrs J Fiddler





REGISTERED OFFICE: Brick Kiln Farm
Brick Kiln Lane
Rufford
Lancashire
L40 1SY





REGISTERED NUMBER: 04966467 (England and Wales)





ACCOUNTANTS: Kirkwood Wilson Limited
2a Swordfish Business Park
Swordfish Close
Higgins Lane
Burscough
Lancashire
L40 8JW

R Fiddler & Sons Limited (Registered number: 04966467)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,076,988 1,141,553

CURRENT ASSETS
Stocks 125,000 105,000
Debtors 5 236,326 222,904
Cash at bank and in hand 519,360 311,251
880,686 639,155
CREDITORS
Amounts falling due within one year 6 921,221 450,273
NET CURRENT (LIABILITIES)/ASSETS (40,535 ) 188,882
TOTAL ASSETS LESS CURRENT LIABILITIES 1,036,453 1,330,435

CREDITORS
Amounts falling due after more than one year 7 - (495,315 )

PROVISIONS FOR LIABILITIES (158,800 ) (180,700 )
NET ASSETS 877,653 654,420

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 877,553 654,320
SHAREHOLDERS' FUNDS 877,653 654,420

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 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.

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 23 September 2024 and were signed on its behalf by:





J Fiddler - Director


R Fiddler & Sons Limited (Registered number: 04966467)

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

1. STATUTORY INFORMATION

R Fiddler & Sons 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.

Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumption that affect the amount reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

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

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Taxation
Taxation for the year 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 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.

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.

R Fiddler & Sons Limited (Registered number: 04966467)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 379,340 2,711,267 3,090,607
Additions - 108,037 108,037
At 31 December 2023 379,340 2,819,304 3,198,644
DEPRECIATION
At 1 January 2023 - 1,949,054 1,949,054
Charge for year - 172,602 172,602
At 31 December 2023 - 2,121,656 2,121,656
NET BOOK VALUE
At 31 December 2023 379,340 697,648 1,076,988
At 31 December 2022 379,340 762,213 1,141,553

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 228,318 155,342
Other debtors 8,008 67,562
236,326 222,904

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts - 73,300
Trade creditors 98,593 142,510
Taxation and social security 206,780 11,663
Other creditors 615,848 222,800
921,221 450,273

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans - 495,315

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 202,115