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REGISTERED NUMBER: 05006487 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Ian Anthony Estates (West Lancs) Limited

Ian Anthony Estates (West Lancs) Limited (Registered number: 05006487)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ian Anthony Estates (West Lancs) Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: A J Foot
I A Foot
Mrs A Foot





SECRETARY: A J Foot





REGISTERED OFFICE: 19 Dovecote Green
Westbrook
Warrington
Cheshire
WA5 7XH





REGISTERED NUMBER: 05006487 (England and Wales)





ACCOUNTANTS: Versatile Accountancy Services Ltd
The Old Printworks
65 Church Street
Littleborough
Lancashire
OL15 8AB

Ian Anthony Estates (West Lancs) Limited (Registered number: 05006487)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 133,081 142,551
133,081 142,551

CURRENT ASSETS
Stocks 950 650
Debtors 6 507,862 491,650
Cash at bank and in hand 42,281 34,039
551,093 526,339
CREDITORS
Amounts falling due within one year 7 108,563 43,289
NET CURRENT ASSETS 442,530 483,050
TOTAL ASSETS LESS CURRENT
LIABILITIES

575,611

625,601

PROVISIONS FOR LIABILITIES 8 10,184 11,983
NET ASSETS 565,427 613,618

Ian Anthony Estates (West Lancs) Limited (Registered number: 05006487)

Balance Sheet - continued
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 565,327 613,518
SHAREHOLDERS' FUNDS 565,427 613,618

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:





A J Foot - Director


Ian Anthony Estates (West Lancs) Limited (Registered number: 05006487)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Ian Anthony Estates (West Lancs) 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.

Goodwill
Franchise Fee, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% 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 Income Statement, 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.

Ian Anthony Estates (West Lancs) Limited (Registered number: 05006487)

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

2. ACCOUNTING POLICIES - continued

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 12 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Franchise
Fee
£   
COST
At 1 February 2023
and 31 January 2024 12,500
AMORTISATION
At 1 February 2023
and 31 January 2024 12,500
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 -

Ian Anthony Estates (West Lancs) Limited (Registered number: 05006487)

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

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 February 2023
and 31 January 2024 79,419 4,703 51,798 16,655 152,575
DEPRECIATION
At 1 February 2023 - 55 8,187 1,782 10,024
Charge for year - 697 6,542 2,231 9,470
At 31 January 2024 - 752 14,729 4,013 19,494
NET BOOK VALUE
At 31 January 2024 79,419 3,951 37,069 12,642 133,081
At 31 January 2023 79,419 4,648 43,611 14,873 142,551

6. DEBTORS
31.1.24 31.1.23
£    £   
Amounts falling due within one year:
Trade debtors - 467
S455 tax recoverable 33,114 33,114
Deposit 5,000 5,000
Agents Mutual Loan Notes 1,000 1,000
Directors' loan accounts 467,861 451,141
Prepayments 852 928
507,827 491,650

Amounts falling due after more than one year:
Other debtors 35 -

Aggregate amounts 507,862 491,650

Ian Anthony Estates (West Lancs) Limited (Registered number: 05006487)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.1.24 31.1.23
£    £   
Tax 14,266 334
Social security and other taxes 4,237 3,079
VAT 20,759 11,962
Other creditors 1,144 911
Amount due to interco 64,922 25,012
Accrued expenses 3,235 1,991
108,563 43,289

8. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 10,184 11,983

Deferred
tax
£   
Balance at 1 February 2023 11,983
Provided during year (1,799 )
Balance at 31 January 2024 10,184

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary £1 100 100

Ian Anthony Estates (West Lancs) Limited (Registered number: 05006487)

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

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
A J Foot
Balance outstanding at start of year 143,484 165,224
Amounts advanced 54,662 128,442
Amounts repaid (55,540 ) (150,182 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 142,606 143,484

I A Foot
Balance outstanding at start of year 307,657 303,395
Amounts advanced 77,959 56,451
Amounts repaid (60,146 ) (52,189 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 325,470 307,657

11. RELATED PARTY DISCLOSURES

Included within other debtors due within one year are interest free unsecured loans to the directors as disclosed in note 10.

12. ULTIMATE CONTROLLING PARTY

The controlling parties are Mr A J Foot and Mr I A Foot by virtue of their beneficial ownership of 100% of the issued ordinary share capital in the company.