Company Registration No. 05879892 (England and Wales)
Andscon Limited
Unaudited accounts
for the year ended 31 October 2023
Andscon Limited
Unaudited accounts
Contents
Andscon Limited
Company Information
for the year ended 31 October 2023
Directors
Andrew Subratie
Sarah Jane King
Company Number
05879892 (England and Wales)
Registered Office
8 Pinner View
HARROW
HA1 4QA
United Kingdom
Accountants
A J Shah and Company
8 Pinner View
Harrow
Middlesex
HA1 4QA
Andscon Limited
Statement of financial position
as at 31 October 2023
Tangible assets
420,710
480,634
Inventories
774,665
791,593
Cash at bank and in hand
2,162,030
1,828,119
Creditors: amounts falling due within one year
(335,033)
(387,923)
Net current assets
2,867,760
2,758,495
Net assets
3,288,470
3,239,129
Called up share capital
10
10
Profit and loss account
3,288,460
3,239,119
Shareholders' funds
3,288,470
3,239,129
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2024 and were signed on its behalf by
Andrew Subratie
Director
Company Registration No. 05879892
Andscon Limited
Notes to the Accounts
for the year ended 31 October 2023
Andscon Limited is a private company, limited by shares, registered in England and Wales, registration number 05879892. The registered office is 8 Pinner View, HARROW, HA1 4QA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% on Cost
4
Tangible fixed assets
Plant & machinery
At 1 November 2022
906,831
At 31 October 2023
941,007
At 1 November 2022
426,197
Charge for the year
94,100
At 31 October 2023
520,297
At 31 October 2023
420,710
At 31 October 2022
480,634
Finished goods
774,665
791,593
Andscon Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
234,612
512,264
Other debtors
31,486
14,442
7
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
13,385
Trade creditors
77,028
73,692
Taxes and social security
89,869
165,101
Other creditors
52,550
3,566
Loans from directors
101,843
124,814
Amounts due to directors at the balance sheet date is £101,843 (2022: £124,814). The balance arose as a series of small
loans. During the period expenses were paid by the director on behalf of the business and were subsequently reimbursed.
Controlling Parties are Mr Andrew Subratie and Mrs Sarah Jane King.
10
Average number of employees
During the year the average number of employees was 24 (2022: 22).