IRIS Accounts Production v24.3.0.553 08134780 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh081347802023-07-31081347802024-07-31081347802023-08-012024-07-31081347802022-07-31081347802022-08-012023-07-31081347802023-07-3108134780ns15:EnglandWales2023-08-012024-07-3108134780ns14:PoundSterling2023-08-012024-07-3108134780ns10:Director12023-08-012024-07-3108134780ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3108134780ns10:SmallEntities2023-08-012024-07-3108134780ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3108134780ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3108134780ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3108134780ns10:FullAccounts2023-08-012024-07-3108134780ns10:Director22023-08-012024-07-3108134780ns10:RegisteredOffice2023-08-012024-07-3108134780ns5:CurrentFinancialInstruments2024-07-3108134780ns5:CurrentFinancialInstruments2023-07-3108134780ns5:Non-currentFinancialInstruments2024-07-3108134780ns5:Non-currentFinancialInstruments2023-07-3108134780ns5:ShareCapital2024-07-3108134780ns5:ShareCapital2023-07-3108134780ns5:RetainedEarningsAccumulatedLosses2024-07-3108134780ns5:RetainedEarningsAccumulatedLosses2023-07-3108134780ns5:LandBuildingsns5:ShortLeaseholdAssets2023-08-012024-07-3108134780ns5:PlantMachinery2023-08-012024-07-3108134780ns5:MotorVehicles2023-08-012024-07-3108134780ns5:ComputerEquipment2023-08-012024-07-3108134780ns5:LandBuildingsns5:ShortLeaseholdAssets2023-07-3108134780ns5:PlantMachinery2023-07-3108134780ns5:MotorVehicles2023-07-3108134780ns5:ComputerEquipment2023-07-3108134780ns5:LandBuildingsns5:ShortLeaseholdAssets2024-07-3108134780ns5:PlantMachinery2024-07-3108134780ns5:MotorVehicles2024-07-3108134780ns5:ComputerEquipment2024-07-3108134780ns5:LandBuildingsns5:ShortLeaseholdAssets2023-07-3108134780ns5:PlantMachinery2023-07-3108134780ns5:MotorVehicles2023-07-3108134780ns5:ComputerEquipment2023-07-3108134780ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3108134780ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31
REGISTERED NUMBER: 08134780 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Chandlers Lime & Fertiliser Ltd

Chandlers Lime & Fertiliser Ltd (Registered number: 08134780)






Contents of the Financial Statements
for the year ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Chandlers Lime & Fertiliser Ltd

Company Information
for the year ended 31 July 2024







DIRECTORS: Mr D P Chandler
Mrs A J Chandler





REGISTERED OFFICE: Cherry Tree Court
Cross Street
Leek
Staffordshire
ST13 6BL





REGISTERED NUMBER: 08134780 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
Cherry Tree Court
Cross Street
Leek
Staffordshire
ST13 6BL

Chandlers Lime & Fertiliser Ltd (Registered number: 08134780)

Balance Sheet
31 July 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 295,221 349,068

CURRENT ASSETS
Stocks 1,500 3,000
Debtors 5 139,643 407,579
Cash at bank 83,517 7,894
224,660 418,473
CREDITORS
Amounts falling due within one year 6 (155,756 ) (331,876 )
NET CURRENT ASSETS 68,904 86,597
TOTAL ASSETS LESS CURRENT
LIABILITIES

364,125

435,665

CREDITORS
Amounts falling due after more than one year 7 (9,167 ) (39,177 )

PROVISIONS FOR LIABILITIES (65,350 ) (84,737 )
NET ASSETS 289,608 311,751

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 289,606 311,749
289,608 311,751

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2024 and were signed on its behalf by:





Mr D P Chandler - Director


Chandlers Lime & Fertiliser Ltd (Registered number: 08134780)

Notes to the Financial Statements
for the year ended 31 July 2024

1. STATUTORY INFORMATION

Chandlers Lime & Fertiliser 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.
Short leasehold - Straight line over the term of the lease
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% 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 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.

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 2 (2023 - 2 ) .

Chandlers Lime & Fertiliser Ltd (Registered number: 08134780)

Notes to the Financial Statements - continued
for the year ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Short Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£ £ £ £ £
COST
At 1 August 2023 27,872 559,750 43,107 8,950 639,679
Additions - - - 1,624 1,624
Disposals - (2,450 ) - (2,315 ) (4,765 )
At 31 July 2024 27,872 557,300 43,107 8,259 636,538
DEPRECIATION
At 1 August 2023 22,367 238,953 24,877 4,414 290,611
Charge for year 688 46,096 4,558 791 52,133
Eliminated on disposal - - - (1,427 ) (1,427 )
At 31 July 2024 23,055 285,049 29,435 3,778 341,317
NET BOOK VALUE
At 31 July 2024 4,817 272,251 13,672 4,481 295,221
At 31 July 2023 5,505 320,797 18,230 4,536 349,068

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 139,070 108,531
Other debtors 573 299,048
139,643 407,579

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 20,010 20,049
Trade creditors 15,095 85,728
Taxation and social security 41,145 29,999
Other creditors 69,506 186,100
155,756 331,876

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 9,167 19,167
Hire purchase contracts - 20,010
9,167 39,177