Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 March 2024
Directors | |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
---|---|---|---|---|---|---|---|---|
£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Intangible assets | 3 | |||||||
Tangible assets | 5 | |||||||
Investment property | 6 | |||||||
Current assets | ||||||||
Stocks | ||||||||
Debtors | 7 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 8 | ( | ( | |||||
Net current assets (liabilities) | ||||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | 9 | ( | ( | |||||
Provisions for liabilities | 10 | ( | ( | |||||
Net assets | ||||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Other reserves | ||||||||
Profit and loss account | ||||||||
Shareholders' funds |
The financial statements were approved and authorised for issue by the Board of Directors on 1 October 2024, and are signed on its behalf by: |
Director Registered Company No. 04863960 |
1. | Accounting policies |
---|
Statutory information | |
---|---|
Basis of preparation | |
---|---|
Functional and presentation currency | |
---|---|
Turnover policy | |
---|---|
Employee benefits | |
---|---|
Foreign currency translation | |
---|---|
Current taxation | |
---|---|
Deferred tax | |
---|---|
Intangible assets | |
---|---|
Tangible fixed assets and depreciation | |
---|---|
Reducing balance (%) | Straight line (years) | |||
---|---|---|---|---|
Land and buildings | ||||
Plant and machinery | ||||
Fixtures and fittings | ||||
Vehicles | ||||
Office Equipment |
Investment property | |
---|---|
Finance leases and hire purchase contracts | |
---|---|
Stocks and work in progress | |
---|---|
Financial instruments | |
---|---|
2. | Average number of employees |
---|---|
2024 | 2023 | |||
---|---|---|---|---|
Average number of employees during the year |
3. | Intangible assets |
---|---|
Goodwill | Total | |||
---|---|---|---|---|
£ | £ | |||
Cost or valuation | ||||
At 01 April 23 | ||||
At 31 March 24 | ||||
Amortisation and impairment | ||||
At 01 April 23 | ||||
Charge for year | ||||
At 31 March 24 | ||||
Net book value | ||||
At 31 March 24 | ||||
At 31 March 23 |
4. | Useful life of intangible assets |
---|---|
Intangible assets are not permitted to have an indefinite life and must be amortised over their estimated useful life. The estimated useful life of Goodwill has been set at 20 years and the asset will be amortised on a straight-line basis over that period. |
5. | Tangible fixed assets |
---|---|
Land & buildings | Plant & machinery | Vehicles | Office Equipment | Total | ||||||
---|---|---|---|---|---|---|---|---|---|---|
£ | £ | £ | £ | £ | ||||||
Cost or valuation | ||||||||||
At 01 April 23 | ||||||||||
Additions | ||||||||||
Disposals | ( | ( | ( | |||||||
At 31 March 24 | ||||||||||
Depreciation and impairment | ||||||||||
At 01 April 23 | ||||||||||
Charge for year | ||||||||||
On disposals | ( | ( | ( | |||||||
At 31 March 24 | ||||||||||
Net book value | ||||||||||
At 31 March 24 | ||||||||||
At 31 March 23 |
6. | Investment property |
---|---|
In 2024, the directors valued the investment property on an open market value for existing use basis. In the opinion of the directors, the current market valuation has not materially altered from the prior year valuation. If the investment property was measured at historic cost its value would be £389,333. |
£ | ||
---|---|---|
Fair value at 01 April 23 | ||
At 31 March 24 |
7. | Debtors: amounts due within one year |
---|---|
2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Trade debtors / trade receivables | ||||
Other debtors | ||||
Prepayments and accrued income | ||||
Total |
8. | Creditors: amounts due within one year |
---|---|
2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Trade creditors / trade payables | ||||
Bank borrowings and overdrafts | ||||
Taxation and social security | ||||
Other creditors | ||||
Accrued liabilities and deferred income | ||||
Total |
9. | Creditors: amounts due after one year |
---|---|
2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Bank borrowings and overdrafts | ||||
Total |
10. | Provisions for liabilities |
---|---|
2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Net deferred tax liability (asset) | ||||
Total |
11. | Pension commitments |
---|---|
12. | Other commitments |
---|---|
13. | Directors advances, credits and guarantees |
---|---|
14. | Related party transactions |
---|---|