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REGISTERED NUMBER: 08475220 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

DR C D SUTTON LTD

DR C D SUTTON LTD (REGISTERED NUMBER: 08475220)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DR C D SUTTON LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Dr C D Sutton





SECRETARY:





REGISTERED OFFICE: Church Farm
Main Street
Willey
Warwickshire
CV23 0SH





REGISTERED NUMBER: 08475220 (England and Wales)





ACCOUNTANTS: AEH Accountancy Ltd
Church Farm
Main Street
Willey
Warwickshire
CV23 0SH

DR C D SUTTON LTD (REGISTERED NUMBER: 08475220)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 101,702 41,203
Investments 6 990,737 290,737
1,092,439 331,940

CURRENT ASSETS
Debtors 7 243,282 198,682
Cash at bank 113,958 616,204
357,240 814,886
CREDITORS
Amounts falling due within one year 8 217,935 66,371
NET CURRENT ASSETS 139,305 748,515
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,231,744

1,080,455

PROVISIONS FOR LIABILITIES 9 21,543 7,829
NET ASSETS 1,210,201 1,072,626

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 11 1,210,199 1,072,624
SHAREHOLDERS' FUNDS 1,210,201 1,072,626

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 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.

DR C D SUTTON LTD (REGISTERED NUMBER: 08475220)

BALANCE SHEET - continued
30 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 director and authorised for issue on 15 October 2024 and were signed by:





Dr C D Sutton - Director


DR C D SUTTON LTD (REGISTERED NUMBER: 08475220)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Dr C D Sutton 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the Company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant, Actual results may differ from these estimates.

Turnover
Revenue comprises the fair value of the consideration received or receivable for the rendering of services in the ordinary course of the company's activities. Revenue is shown net of VAT and trade discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities. The amount of revenue is not considered to be reliably measurable until all contingencies relating to the sale have been resolved. The company bases its estimates on historical results, taking into consideration the type of customer, the type of transaction and the specifics of each arrangement.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost

Financial instruments

Financial assets
Receivables are stated at amortised cost using the effective interest rate method. A provision for impairment of receivables is established where there is objective evidence that the company will not be able to collect all amounts due according to the original terms of payment. Receivables are considered for impairment on a case by case basis and any provision is based on the directors' assessment of the amount recoverable on each receivable.

Financial liabilities
The company's financial liabilities include trade and other payables, which are measured at amortised cost using the effective interest rate method. Financial liabilities are recognised when the company becomes a party to the contractual agreements of the instrument. Interest-related charges are recognised as an expense in the period in which they are incurred.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts.


DR C D SUTTON LTD (REGISTERED NUMBER: 08475220)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

3. ACCOUNTING POLICIES - continued
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.

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.

4. EMPLOYEES AND DIRECTORS

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

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 May 2023 37,910 30,127 13,590 81,627
Additions - 85,925 - 85,925
At 30 April 2024 37,910 116,052 13,590 167,552
DEPRECIATION
At 1 May 2023 18,500 10,845 11,079 40,424
Charge for year 3,882 21,042 502 25,426
At 30 April 2024 22,382 31,887 11,581 65,850
NET BOOK VALUE
At 30 April 2024 15,528 84,165 2,009 101,702
At 30 April 2023 19,410 19,282 2,511 41,203

DR C D SUTTON LTD (REGISTERED NUMBER: 08475220)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Investment 10,500 10,500
Investment 43,818 43,818
Investment 62,605 62,605
Investment 57,032 57,032
Investment 50,000 50,000
No description 66,782 66,782
No description 700,000 -
990,737 290,737

7. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 56,600 12,000

Amounts falling due after more than one year:
Other debtors 186,682 186,682

Aggregate amounts 243,282 198,682

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 58,614 64,971
Directors' current accounts 158,321 400
Accrued expenses 1,000 1,000
217,935 66,371

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 21,543 7,829

Deferred
tax
£   
Balance at 1 May 2023 7,829
Provided during year 13,714
Balance at 30 April 2024 21,543

DR C D SUTTON LTD (REGISTERED NUMBER: 08475220)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

11. RESERVES
Retained
earnings
£   

At 1 May 2023 1,072,624
Profit for the year 137,575
At 30 April 2024 1,210,199