IRIS Accounts Production v24.3.0.553 07699470 director 1.8.22 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh076994702022-07-31076994702024-01-31076994702022-08-012024-01-31076994702021-07-31076994702021-08-012022-07-31076994702022-07-3107699470ns15:EnglandWales2022-08-012024-01-3107699470ns14:PoundSterling2022-08-012024-01-3107699470ns10:Director12022-08-012024-01-3107699470ns10:PrivateLimitedCompanyLtd2022-08-012024-01-3107699470ns10:SmallEntities2022-08-012024-01-3107699470ns10:AuditExempt-NoAccountantsReport2022-08-012024-01-3107699470ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012024-01-3107699470ns10:SmallCompaniesRegimeForAccounts2022-08-012024-01-3107699470ns10:FullAccounts2022-08-012024-01-3107699470ns10:RegisteredOffice2022-08-012024-01-3107699470ns5:CurrentFinancialInstruments2024-01-3107699470ns5:CurrentFinancialInstruments2022-07-3107699470ns5:Non-currentFinancialInstruments2024-01-3107699470ns5:Non-currentFinancialInstruments2022-07-3107699470ns5:ShareCapital2024-01-3107699470ns5:ShareCapital2022-07-3107699470ns5:RetainedEarningsAccumulatedLosses2024-01-3107699470ns5:RetainedEarningsAccumulatedLosses2022-07-3107699470ns5:PlantMachinery2022-07-3107699470ns5:PlantMachinery2022-08-012024-01-3107699470ns5:PlantMachinery2024-01-3107699470ns5:PlantMachinery2022-07-3107699470ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3107699470ns5:WithinOneYearns5:CurrentFinancialInstruments2022-07-31
REGISTERED NUMBER: 07699470 (England and Wales)















Unaudited Financial Statements

for the Period 1 August 2022 to 31 January 2024

for

Andrew Crook Metalsmiths Limited

Andrew Crook Metalsmiths Limited (Registered number: 07699470)






Contents of the Financial Statements
for the Period 1 August 2022 to 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Andrew Crook Metalsmiths Limited

Company Information
for the Period 1 August 2022 to 31 January 2024







DIRECTOR: A Crook





REGISTERED OFFICE: 9 St George's Yard
Farnham
Surrey
GU9 7LW





REGISTERED NUMBER: 07699470 (England and Wales)





ACCOUNTANTS: Blackwood Futcher & Co.
Chartered Accountants
9 St George's Yard
Farnham
Surrey
GU9 7LW

Andrew Crook Metalsmiths Limited (Registered number: 07699470)

Balance Sheet
31 January 2024

31.1.24 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,385 1,954

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 5 3,190 6,694
Cash at bank 6,854 29,313
12,044 38,007
CREDITORS
Amounts falling due within one year 6 35,156 33,177
NET CURRENT (LIABILITIES)/ASSETS (23,112 ) 4,830
TOTAL ASSETS LESS CURRENT
LIABILITIES

(21,727

)

6,784

CREDITORS
Amounts falling due after more than one
year

7

(1,817

)

(3,575

)

PROVISIONS FOR LIABILITIES (263 ) (371 )
NET (LIABILITIES)/ASSETS (23,807 ) 2,838

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings (23,827 ) 2,818
SHAREHOLDERS' FUNDS (23,807 ) 2,838

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 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.

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 director and authorised for issue on 30 October 2024 and were signed by:





A Crook - Director


Andrew Crook Metalsmiths Limited (Registered number: 07699470)

Notes to the Financial Statements
for the Period 1 August 2022 to 31 January 2024

1. STATUTORY INFORMATION

Andrew Crook Metalsmiths 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.

At the balance sheet date the company had net liabilities of £23,807. The ability of the company to continue to trade is dependant upon the continued support of the director.

The director is of the opinion that the company will continue to receive this support and on this basis
consider it appropriate to prepare the accounts on the going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable of the company metalsmiths activities and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity.

Tangible fixed assets
Tangible fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses.

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in profit or loss.

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 period 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.

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 period 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.

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.

Andrew Crook Metalsmiths Limited (Registered number: 07699470)

Notes to the Financial Statements - continued
for the Period 1 August 2022 to 31 January 2024

2. ACCOUNTING POLICIES - continued

Impairment of non-financial assets
At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.

If an impairment loss is subsequently reversed, the carrying amount of the asset or group of related assets is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset or group of related assets in prior periods. A reversal of an impairment loss is recognised immediately in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 January 2024 47,321
DEPRECIATION
At 1 August 2022 45,367
Charge for period 569
At 31 January 2024 45,936
NET BOOK VALUE
At 31 January 2024 1,385
At 31 July 2022 1,954

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.7.22
£    £   
Trade debtors - 4,090
Other debtors 3,190 2,604
3,190 6,694

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.7.22
£    £   
Bank loans and overdrafts 1,238 1,153
Hire purchase contracts - 1,299
Trade creditors - 2,828
Taxation and social security - 2,244
Other creditors 33,918 25,653
35,156 33,177

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.24 31.7.22
£    £   
Bank loans 1,817 3,575