Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 December 2023
Director |
Company Secretary | Alistair Richard Hogg |
Registered Address | |
Registered Number |
Notes | 2023 | 2022 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 4 | |||||||
Current assets | ||||||||
Stocks | 6 | |||||||
Debtors | 7 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 8 | ( | ( | |||||
Net current assets (liabilities) | ||||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | 9 | ( | ( | |||||
Provisions for liabilities | 10 | ( | ( | |||||
Net assets | ||||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Profit and loss account | ||||||||
Shareholders' funds |
The financial statements were approved and authorised for issue by the Director on 4 November 2024, and are signed on its behalf by: |
Director Registered Company No. 03553737 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Judgements and key sources of estimation uncertainty | |
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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. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below. |
Turnover policy | |
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Employee benefits | |
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Defined contribution pension plan | |
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Foreign currency translation | |
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Current taxation | |
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Deferred tax | |
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Tangible fixed assets and depreciation | |
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Reducing balance (%) | Straight line (years) | |||
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Land and buildings | ||||
Plant and machinery | ||||
Vehicles |
Stocks and work in progress | |
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Trade and other debtors | |
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Cash and cash equivalents | |
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Trade and other creditors | |
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2. | Average number of employees |
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2023 | 2022 | |||
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Average number of employees during the year |
3. | Deferred tax |
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Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised. |
4. | Tangible fixed assets |
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Land & buildings | Plant & machinery | Vehicles | Total | |||||
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£ | £ | £ | £ | |||||
Cost or valuation | ||||||||
At 01 January 23 | ||||||||
Additions | ||||||||
Disposals | ( | ( | ||||||
At 31 December 23 | ||||||||
Depreciation and impairment | ||||||||
At 01 January 23 | ||||||||
Charge for year | ||||||||
On disposals | ( | ( | ||||||
At 31 December 23 | ||||||||
Net book value | ||||||||
At 31 December 23 | ||||||||
At 31 December 22 |
5. | Impairment of tangible fixed assets |
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6. | Stocks |
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2023 | 2022 | |||
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£ | £ | |||
Other stocks | ||||
Total |
7. | Debtors: amounts due within one year |
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2023 | 2022 | |||
---|---|---|---|---|
£ | £ | |||
Other debtors | ||||
Prepayments and accrued income | ||||
Total |
8. | Creditors: amounts due within one year |
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2023 | 2022 | |||
---|---|---|---|---|
£ | £ | |||
Trade creditors / trade payables | ||||
Taxation and social security | ||||
Other creditors | ||||
Accrued liabilities and deferred income | ||||
Total |
9. | Creditors: amounts due after one year |
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2023 | 2022 | |||
---|---|---|---|---|
£ | £ | |||
Other creditors | ||||
Total |
10. | Provisions for liabilities |
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2023 | 2022 | |||
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£ | £ | |||
Net deferred tax liability (asset) | ||||
Total |