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REGISTERED NUMBER: 02220547 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 January 2024

for

T. Poxon Engineering Limited

T. Poxon Engineering Limited (Registered number: 02220547)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3

T. Poxon Engineering Limited (Registered number: 02220547)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 650,000 650,000

CURRENT ASSETS
Debtors 5 12,812 12,812

CREDITORS
Amounts falling due within one year 6 (227,884 ) (227,884 )
NET CURRENT LIABILITIES (215,072 ) (215,072 )
TOTAL ASSETS LESS CURRENT LIABILITIES 434,928 434,928

CREDITORS
Amounts falling due after more than one year 7 (275,000 ) (275,000 )
NET ASSETS 159,928 159,928

CAPITAL AND RESERVES
Called up share capital 51,765 51,765
Share premium 18,235 18,235
Revaluation reserve 417,208 417,208
Retained earnings (327,280 ) (327,280 )
SHAREHOLDERS' FUNDS 159,928 159,928

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 January 2024.

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

T. Poxon Engineering Limited (Registered number: 02220547)

Balance Sheet - continued
31 January 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 30 November 2024 and were signed by:





Mr T Poxon - Director


T. Poxon Engineering Limited (Registered number: 02220547)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

T. Poxon Engineering 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: 02220547

Registered office: The Creamery
Hilton Road
Eggington Junction
Eggington
Derbyshire
DE65 6GU

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.

Tangible fixed assets

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 1 February 2023
and 31 January 2024 650,000 63,565 9,200 17,848 740,613
DEPRECIATION
At 1 February 2023
and 31 January 2024 - 63,565 9,200 17,848 90,613
NET BOOK VALUE
At 31 January 2024 650,000 - - - 650,000
At 31 January 2023 650,000 - - - 650,000

I

T. Poxon Engineering Limited (Registered number: 02220547)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 January 2024 is represented by:

Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
Valuation in 2009 650,000 - - - 650,000
Cost - 63,565 9,200 17,848 90,613
650,000 63,565 9,200 17,848 740,613

If the freehold property had not been revalued it would have been included at the following historical cost:

31.1.24 31.1.23
£    £   
Cost 277,583 277,583
Aggregate depreciation 48,155 48,155

Value of land in freehold land and buildings 92,528 92,528

Freehold property valued on an open market basis on 11 February 2009 by Morgan & Company, Chartered Surveyors .

The directors do not consider that the value of the property at 31 January 2023
to be significantly different to that stated in 2009, and accordingly have reversed the Impairment provided in prior years.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 12,812 12,812

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 24,810 24,810
Trade creditors 112,534 112,534
Taxation and social security 4,854 4,854
Other creditors 85,686 85,686
227,884 227,884

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.24 31.1.23
£    £   
Other creditors 275,000 275,000

T. Poxon Engineering Limited (Registered number: 02220547)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

31.1.24 31.1.23
£    £   
Bank overdrafts 24,810 24,810

The bank loan is secured by a mortgage dated 16 September 1999 on the company's freehold property and fixed and floating charges over the company's other assets and undertakings.