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REGISTERED NUMBER: 04642373 (England and Wales)





















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

ARTHURSTEENHORNEADAMSON LIMITED

ARTHURSTEENHORNEADAMSON LIMITED (REGISTERED NUMBER: 04642373)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


ARTHURSTEENHORNEADAMSON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr M Adamson
Mrs L A M Adamson
Mr M W E Horne
Mrs K R Horne





SECRETARY: Mrs L A M Adamson





REGISTERED OFFICE: Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF





REGISTERED NUMBER: 04642373 (England and Wales)





ACCOUNTANTS: E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ARTHURSTEENHORNEADAMSON LIMITED

The following reproduces the text of the report prepared for the directors 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 Directors 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 ArthurSteenHorneAdamson Limited for the year ended 31 March 2024 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 Board of Directors of ArthurSteenHorneAdamson Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of ArthurSteenHorneAdamson Limited and state those matters that we have agreed to state to the Board of Directors of ArthurSteenHorneAdamson Limited, as a body, 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 ArthurSteenHorneAdamson Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that ArthurSteenHorneAdamson 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 profit of ArthurSteenHorneAdamson Limited. You consider that ArthurSteenHorneAdamson 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 ArthurSteenHorneAdamson 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.






E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF


23 September 2024

ARTHURSTEENHORNEADAMSON LIMITED (REGISTERED NUMBER: 04642373)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 36,221 39,081
Investments 6 75 75
36,296 39,156

CURRENT ASSETS
Stocks 14,371 14,384
Debtors 7 113,612 104,863
Cash at bank and in hand 321 104,057
128,304 223,304
CREDITORS
Amounts falling due within one year 8 126,708 232,693
NET CURRENT ASSETS/(LIABILITIES) 1,596 (9,389 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,892

29,767

CREDITORS
Amounts falling due after more than one
year

9

(20,765

)

(32,158

)

PROVISIONS FOR LIABILITIES (6,882 ) (7,408 )
NET ASSETS/(LIABILITIES) 10,245 (9,799 )

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 10,045 (9,999 )
SHAREHOLDERS' FUNDS 10,245 (9,799 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

ARTHURSTEENHORNEADAMSON LIMITED (REGISTERED NUMBER: 04642373)

BALANCE SHEET - continued
31 MARCH 2024


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:





Mr M W E Horne - Director


ARTHURSTEENHORNEADAMSON LIMITED (REGISTERED NUMBER: 04642373)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

ArthurSteenHorneAdamson 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.

Preparation of consolidated financial statements
The financial statements contain information about ArthurSteenHorneAdamson Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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

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.

Patents and licences are being amortised evenly over their estimated useful life of five years.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on cost

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

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

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.

ARTHURSTEENHORNEADAMSON LIMITED (REGISTERED NUMBER: 04642373)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

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.

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 11 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 April 2023
and 31 March 2024 11,594
AMORTISATION
At 1 April 2023
and 31 March 2024 11,594
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2023 128,612 57,894 59,861 246,367
Additions 8,829 738 - 9,567
Disposals (32,648 ) - - (32,648 )
At 31 March 2024 104,793 58,632 59,861 223,286
DEPRECIATION
At 1 April 2023 108,048 51,149 48,089 207,286
Charge for year 7,348 1,871 2,943 12,162
Eliminated on disposal (32,383 ) - - (32,383 )
At 31 March 2024 83,013 53,020 51,032 187,065
NET BOOK VALUE
At 31 March 2024 21,780 5,612 8,829 36,221
At 31 March 2023 20,564 6,745 11,772 39,081

ARTHURSTEENHORNEADAMSON LIMITED (REGISTERED NUMBER: 04642373)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2023 32,950
Transfer to ownership (32,950 )
At 31 March 2024 -
DEPRECIATION
At 1 April 2023 23,067
Charge for year 2,471
Transfer to ownership (25,538 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 9,883

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 75
NET BOOK VALUE
At 31 March 2024 75
At 31 March 2023 75

The company's investments at the Balance Sheet date in the share capital of companies include the following:

The Big Cold Turkey Limited
Registered office:
Nature of business: Dormant
%
Class of shares: holding
Ordinary 100.00

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 101,255 97,131
Other debtors 12,357 7,732
113,612 104,863

ARTHURSTEENHORNEADAMSON LIMITED (REGISTERED NUMBER: 04642373)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 20,631 9,745
Hire purchase contracts (see note 10) - 6,445
Trade creditors 32,154 108,846
Taxation and social security 59,336 88,382
Other creditors 14,587 19,275
126,708 232,693

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 20,765 30,765
Hire purchase contracts (see note 10) - 1,393
20,765 32,158

10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Gross obligations repayable:
Within one year - 8,945
Between one and five years - 1,900
- 10,845

Finance charges repayable:
Within one year - 2,500
Between one and five years - 507
- 3,007

Net obligations repayable:
Within one year - 6,445
Between one and five years - 1,393
- 7,838

Non-cancellable operating leases
2024 2023
£    £   
Within one year 26,798 33,541
Between one and five years 16,968 41,564
43,766 75,105