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REGISTERED NUMBER: 14104054 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st May 2024

for

W.R.LARCOMBE AND SONS LTD

W.R.LARCOMBE AND SONS LTD (REGISTERED NUMBER: 14104054)

Contents of the Financial Statements
for the Year Ended 31st May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


W.R.LARCOMBE AND SONS LTD

Company Information
for the Year Ended 31st May 2024







DIRECTOR: Mr J Larcombe





REGISTERED OFFICE: 19 Glascote Grove
Birmingham
B34 6SD





REGISTERED NUMBER: 14104054 (England and Wales)





ACCOUNTANTS: Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST

W.R.LARCOMBE AND SONS LTD (REGISTERED NUMBER: 14104054)

Balance Sheet
31st May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,902 22,161

CURRENT ASSETS
Debtors 5 2,026 757
Cash at bank 499 2,463
2,525 3,220
CREDITORS
Amounts falling due within one year 6 1,932 942
NET CURRENT ASSETS 593 2,278
TOTAL ASSETS LESS CURRENT LIABILITIES 15,495 24,439

CREDITORS
Amounts falling due after more than one
year

7

6,268

8,775
NET ASSETS 9,227 15,664

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 9,226 15,663
SHAREHOLDERS' FUNDS 9,227 15,664

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

W.R.LARCOMBE AND SONS LTD (REGISTERED NUMBER: 14104054)

Balance Sheet - continued
31st May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2nd October 2024 and were signed by:





Mr J Larcombe - Director


W.R.LARCOMBE AND SONS LTD (REGISTERED NUMBER: 14104054)

Notes to the Financial Statements
for the Year Ended 31st May 2024


1. STATUTORY INFORMATION

W.r.larcombe And Sons Ltd 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.

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 each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

W.R.LARCOMBE AND SONS LTD (REGISTERED NUMBER: 14104054)

Notes to the Financial Statements - continued
for the Year Ended 31st May 2024


4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1st June 2023
and 31st May 2024 29,036
DEPRECIATION
At 1st June 2023 6,875
Charge for year 7,259
At 31st May 2024 14,134
NET BOOK VALUE
At 31st May 2024 14,902
At 31st May 2023 22,161

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Deferred tax asset 2,026 757

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 2,507 2,507
Tax (800 ) (1,801 )
Directors' current accounts 225 236
1,932 942

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 6,268 8,775

8. DEFERRED TAX
£   
Balance at 1st June 2023 (757 )
Credit to Statement of Income and Retained Earnings during year (1,269 )
Balance at 31st May 2024 (2,026 )

W.R.LARCOMBE AND SONS LTD (REGISTERED NUMBER: 14104054)

Notes to the Financial Statements - continued
for the Year Ended 31st May 2024


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J Larcombe.

The ultimate controlling party is Mr J Larcombe.