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REGISTERED NUMBER: 00653516 (England and Wales)













Unaudited Financial Statements for the Year Ended 30 April 2024

for

C.P. Bolland & Son Limited

C.P. Bolland & Son Limited (Registered number: 00653516)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


C.P. Bolland & Son Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: E C M Bolland
E J Bolland





SECRETARY: E C M Bolland





REGISTERED OFFICE: Awbridge Farm
Trysull
Nr Wolverhampton
Staffs.
WV5 7JD





REGISTERED NUMBER: 00653516 (England and Wales)





ACCOUNTANTS: Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
C.P. Bolland & Son 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 Directors' Report 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 C.P. Bolland & Son Limited for the year ended 30 April 2024 which comprise the Profit and Loss Account, 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 C.P. Bolland & Son 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 C.P. Bolland & Son Limited and state those matters that we have agreed to state to the Board of Directors of C.P. Bolland & Son 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 C.P. Bolland & Son Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that C.P. Bolland & Son 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 loss of C.P. Bolland & Son Limited. You consider that C.P. Bolland & Son 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 C.P. Bolland & Son 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.






Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS


8 October 2024

C.P. Bolland & Son Limited (Registered number: 00653516)

Balance Sheet
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 870,597 844,254

CURRENT ASSETS
Stocks 142,852 185,123
Debtors 5 15,792 9,222
Cash at bank 34 1,539
158,678 195,884
CREDITORS
Amounts falling due within one year 6 (378,096 ) (310,986 )
NET CURRENT LIABILITIES (219,418 ) (115,102 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

651,179

729,152

CREDITORS
Amounts falling due after more than
one year

7

(159,009

)

(216,272

)

PROVISIONS FOR LIABILITIES (54,237 ) (58,819 )
NET ASSETS 437,933 454,061

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings 432,933 449,061
437,933 454,061

C.P. Bolland & Son Limited (Registered number: 00653516)

Balance Sheet - continued
30 April 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2024 and were signed on its behalf by:





E C M Bolland - Director


C.P. Bolland & Son Limited (Registered number: 00653516)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

C.P. Bolland & Son 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.

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.
Freehold property - 10% on reducing balance
Plant and machinery - 15% on reducing balance and 12.5% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

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 Profit and Loss Account, 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.

C.P. Bolland & Son Limited (Registered number: 00653516)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 May 2023 588,305 825,014 4,272 - 1,417,591
Additions - 69,362 - 33,850 103,212
Disposals - (40,400 ) - - (40,400 )
At 30 April 2024 588,305 853,976 4,272 33,850 1,480,403
DEPRECIATION
At 1 May 2023 134,354 437,630 1,353 - 573,337
Charge for year 4,462 56,288 584 4,936 66,270
Eliminated on disposal - (29,801 ) - - (29,801 )
At 30 April 2024 138,816 464,117 1,937 4,936 609,806
NET BOOK VALUE
At 30 April 2024 449,489 389,859 2,335 28,914 870,597
At 30 April 2023 453,951 387,384 2,919 - 844,254

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,644 -
Other debtors 11,148 9,222
15,792 9,222

C.P. Bolland & Son Limited (Registered number: 00653516)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 238,606 139,275
Hire purchase contracts 52,432 56,335
Trade creditors 23,405 35,026
Taxation and social security - 495
Other creditors 63,653 79,855
378,096 310,986

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 139,823 165,052
Hire purchase contracts 19,186 51,220
159,009 216,272

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 214,118 108,224
Bank loans 164,311 196,103
Hire purchase contracts 71,618 107,555
450,047 411,882

The bank loans and overdrafts are secured by a fixed and floating charge over the company's assets.

The hire purchase contracts are secured on the assets concerned.