IRIS Accounts Production v24.2.0.383 07860226 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078602262022-12-31078602262023-12-31078602262023-01-012023-12-31078602262021-12-31078602262022-01-012022-12-31078602262022-12-3107860226ns15:EnglandWales2023-01-012023-12-3107860226ns14:PoundSterling2023-01-012023-12-3107860226ns10:Director12023-01-012023-12-3107860226ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3107860226ns10:SmallEntities2023-01-012023-12-3107860226ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3107860226ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3107860226ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3107860226ns10:FullAccounts2023-01-012023-12-3107860226ns10:Director22023-01-012023-12-3107860226ns10:Director32023-01-012023-12-3107860226ns10:Director42023-01-012023-12-3107860226ns10:RegisteredOffice2023-01-012023-12-3107860226ns5:CurrentFinancialInstruments2023-12-3107860226ns5:CurrentFinancialInstruments2022-12-3107860226ns5:ShareCapital2023-12-3107860226ns5:ShareCapital2022-12-3107860226ns5:RetainedEarningsAccumulatedLosses2023-12-3107860226ns5:RetainedEarningsAccumulatedLosses2022-12-3107860226ns5:PlantMachinery2023-01-012023-12-3107860226ns5:MotorVehicles2023-01-012023-12-3107860226ns5:ComputerEquipment2023-01-012023-12-3107860226ns5:LandBuildings2022-12-3107860226ns5:PlantMachinery2022-12-3107860226ns5:MotorVehicles2022-12-3107860226ns5:ComputerEquipment2022-12-3107860226ns5:LandBuildings2023-01-012023-12-3107860226ns5:LandBuildings2023-12-3107860226ns5:PlantMachinery2023-12-3107860226ns5:MotorVehicles2023-12-3107860226ns5:ComputerEquipment2023-12-3107860226ns5:LandBuildings2022-12-3107860226ns5:PlantMachinery2022-12-3107860226ns5:MotorVehicles2022-12-3107860226ns5:ComputerEquipment2022-12-3107860226ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3107860226ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 07860226 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

FILTON (L/SPA) LIMITED

FILTON (L/SPA) LIMITED (REGISTERED NUMBER: 07860226)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FILTON (L/SPA) LIMITED

COMPANY INFORMATION
for the year ended 31 December 2023







DIRECTORS: P M Bates
Ms J R Bates
Ms F L Bates
O Murray-Bates





REGISTERED OFFICE: Caswell Road Sydenham Farm Estate
Royal Leamington Spa
United Kingdom
Warwickshire
CV31 1QF





REGISTERED NUMBER: 07860226 (England and Wales)






FILTON (L/SPA) LIMITED (REGISTERED NUMBER: 07860226)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 275,510 190,845

CURRENT ASSETS
Stocks 511,050 409,619
Debtors 5 381,270 408,109
Cash at bank and in hand 284,464 523,211
1,176,784 1,340,939
CREDITORS
Amounts falling due within one year 6 108,335 205,503
NET CURRENT ASSETS 1,068,449 1,135,436
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,343,959

1,326,281

PROVISIONS FOR LIABILITIES 51,350 31,565
NET ASSETS 1,292,609 1,294,716

CAPITAL AND RESERVES
Called up share capital 20,000 20,000
Retained earnings 1,272,609 1,274,716
1,292,609 1,294,716

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.

FILTON (L/SPA) LIMITED (REGISTERED NUMBER: 07860226)

BALANCE SHEET - continued
31 December 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 30 July 2024 and were signed on its behalf by:





Ms F L Bates - Director


FILTON (L/SPA) LIMITED (REGISTERED NUMBER: 07860226)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Filton (L/spa) 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.

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

Turnover
Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery - 10% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 33% on cost, 20% on reducing balance and 10% 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.

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.

FILTON (L/SPA) LIMITED (REGISTERED NUMBER: 07860226)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 26 (2022 - 28 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant & Motor Computer
buildings machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 48,141 280,301 40,732 112,903 482,077
Additions 114,060 995 - 6,676 121,731
At 31 December 2023 162,201 281,296 40,732 119,579 603,808
DEPRECIATION
At 1 January 2023 27,847 155,964 14,399 93,022 291,232
Charge for year 8,004 12,483 10,183 6,396 37,066
At 31 December 2023 35,851 168,447 24,582 99,418 328,298
NET BOOK VALUE
At 31 December 2023 126,350 112,849 16,150 20,161 275,510
At 31 December 2022 20,294 124,337 26,333 19,881 190,845

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 279,702 319,513
Other debtors 101,568 88,596
381,270 408,109

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 12,617 27,498
Amounts owed to group undertakings 42,000 42,000
Taxation and social security 36,329 65,618
Other creditors 17,389 70,387
108,335 205,503