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REGISTERED NUMBER: 00679532 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2024

FOR

J.G.SWIERS(HELPERBY)LIMITED

J.G.SWIERS(HELPERBY)LIMITED (REGISTERED NUMBER: 00679532)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


J.G.SWIERS(HELPERBY)LIMITED (REGISTERED NUMBER: 00679532)

BALANCE SHEET
5 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,876,045 2,721,548
Investment property 5 584,844 578,480
3,460,889 3,300,028

CURRENT ASSETS
Stocks 657,477 977,712
Debtors 6 280,793 326,801
Cash at bank and in hand 1,484,252 1,110,972
2,422,522 2,415,485
CREDITORS
Amounts falling due within one year 7 429,046 442,712
NET CURRENT ASSETS 1,993,476 1,972,773
TOTAL ASSETS LESS CURRENT LIABILITIES 5,454,365 5,272,801

CREDITORS
Amounts falling due after more than
one year

8

(44,200

)

(209,600

)

PROVISIONS FOR LIABILITIES (208,485 ) (168,269 )
NET ASSETS 5,201,680 4,894,932

CAPITAL AND RESERVES
Called up share capital 9 23,991 23,991
Revaluation reserve 10 129,641 123,277
Capital redemption reserve 50,000 50,000
Retained earnings 4,998,048 4,697,664
SHAREHOLDERS' FUNDS 5,201,680 4,894,932

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 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.

J.G.SWIERS(HELPERBY)LIMITED (REGISTERED NUMBER: 00679532)

BALANCE SHEET - continued
5 APRIL 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 Income Statement 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 P J Swiers - Director


J.G.SWIERS(HELPERBY)LIMITED (REGISTERED NUMBER: 00679532)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024


1. STATUTORY INFORMATION

J.G.Swiers(Helperby)Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 00679532

Registered office: Moxby Priory Farm
Marton-cum-Moxby
Stillington
York
North Yorkshire
YO61 1NB

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 as modified by the revaluation of certain assets.

These financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

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.
Plant and machinery - 20% on reducing balance and 5% on cost
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


J.G.SWIERS(HELPERBY)LIMITED (REGISTERED NUMBER: 00679532)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 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.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Cash at bank and in hand
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown with borrowings in current liabilities.

Hire purchase and leasing commitments
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight-line basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Freehold
property Land Quota
£    £    £   
COST
At 6 April 2023 1,237,443 1,204,408 385
Additions - - -
At 5 April 2024 1,237,443 1,204,408 385
DEPRECIATION
At 6 April 2023 130,054 - -
Charge for year - - -
At 5 April 2024 130,054 - -
NET BOOK VALUE
At 5 April 2024 1,107,389 1,204,408 385
At 5 April 2023 1,107,389 1,204,408 385

J.G.SWIERS(HELPERBY)LIMITED (REGISTERED NUMBER: 00679532)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024


4. TANGIBLE FIXED ASSETS - continued

Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 6 April 2023 1,245,172 38,162 22,608 3,748,178
Additions 223,675 - - 223,675
At 5 April 2024 1,468,847 38,162 22,608 3,971,853
DEPRECIATION
At 6 April 2023 850,213 29,120 17,243 1,026,630
Charge for year 66,933 904 1,341 69,178
At 5 April 2024 917,146 30,024 18,584 1,095,808
NET BOOK VALUE
At 5 April 2024 551,701 8,138 4,024 2,876,045
At 5 April 2023 394,959 9,042 5,365 2,721,548

Included in fixed assets is an amount £175,000 relating to an asset under hire purchase agreement.

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 6 April 2023 578,480
Revaluations 6,364
At 5 April 2024 584,844
NET BOOK VALUE
At 5 April 2024 584,844
At 5 April 2023 578,480

Fair value at 5 April 2024 is represented by:
£   
Valuation in 2021 40,513
Valuation in 2022 59,981
Valuation in 2023 22,783
Valuation in 2024 6,364
Cost 455,203
584,844

J.G.SWIERS(HELPERBY)LIMITED (REGISTERED NUMBER: 00679532)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 70,279 99,881
Other debtors 210,514 226,920
280,793 326,801

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 44,200 -
Trade creditors 59,266 151,435
Taxation and social security 65,381 39,974
Other creditors 260,199 251,303
429,046 442,712

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 44,200 -
Other creditors - 209,600
44,200 209,600

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
19,193 Ordinary 'A' shares £1 19,193 19,193
2,399 Ordinary 'B' shares £1 2,399 2,399
2,399 Ordinary 'C' shares £1 2,399 2,399
23,991 23,991

10. RESERVES
Revaluation
reserve
£   
At 6 April 2023 123,277
Investment property 6,364

At 5 April 2024 129,641

11. RELATED PARTY DISCLOSURES

Directors' transactions

Included in other creditors is £31,256 (2023: £22,659) owed to the directors of the company