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REGISTERED NUMBER: 03160797 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Robert Sadler and Company Limited

Robert Sadler and Company Limited (Registered number: 03160797)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Robert Sadler and Company Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: R A Sadler





SECRETARY: Mrs M E Sadler





REGISTERED OFFICE: 30B Southgate
Chichester
West Sussex
PO19 1DP





REGISTERED NUMBER: 03160797 (England and Wales)





ACCOUNTANTS: Robert Sadler & Company Ltd
Chartered Accountants
30B Southgate
Chichester
West Sussex
PO19 1DP

Robert Sadler and Company Limited (Registered number: 03160797)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 207,000 224,250
Tangible assets 5 10,144 7,324
217,144 231,574

CURRENT ASSETS
Debtors 6 827,389 723,699

CREDITORS
Amounts falling due within one year 7 658,656 691,137
NET CURRENT ASSETS 168,733 32,562
TOTAL ASSETS LESS CURRENT
LIABILITIES

385,877

264,136

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 385,875 264,134
SHAREHOLDERS' FUNDS 385,877 264,136

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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 31 August 2024 and were signed by:





R A Sadler - Director


Robert Sadler and Company Limited (Registered number: 03160797)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Robert Sadler and Company 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
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty 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.

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.

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.

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.

Robert Sadler and Company Limited (Registered number: 03160797)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 345,000
AMORTISATION
At 1 December 2022 120,750
Charge for year 17,250
At 30 November 2023 138,000
NET BOOK VALUE
At 30 November 2023 207,000
At 30 November 2022 224,250

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 22,605
Additions 6,203
At 30 November 2023 28,808
DEPRECIATION
At 1 December 2022 15,281
Charge for year 3,383
At 30 November 2023 18,664
NET BOOK VALUE
At 30 November 2023 10,144
At 30 November 2022 7,324

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 60,053 56,884
Other debtors 767,336 666,815
827,389 723,699

Robert Sadler and Company Limited (Registered number: 03160797)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 17,598 5,065
Trade creditors 20,643 9,625
Amounts owed to associates 32,148 52,648
Taxation and social security 111,521 127,338
Other creditors 476,746 496,461
658,656 691,137