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REGISTERED NUMBER: 07779422 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2024

for

E C Andrew and Son Limited

E C Andrew and Son Limited (Registered number: 07779422)

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










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3 to 4

Notes to the financial statements 5 to 7


E C Andrew and Son Limited

Company Information
for the Year Ended 31 March 2024







Directors: E C Andrew
I E Andrew





Registered office: Bank House
Broad Street
Spalding
Lincolnshire
PE11 3BE





Business address: The Chestnuts
Horseshoe Road
Spalding
Lincolnshire
PE11 3BE





Registered number: 07779422 (England and Wales)





Accountants: Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
E C Andrew and Son Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of E C Andrew and Son Limited for the year ended 31 March 2024 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of E C Andrew and Son Limited, as a body, in accordance with the terms of our engagement letter dated 2 November 2018. Our work has been undertaken solely to prepare for your approval the financial statements of E C Andrew and Son Limited and state those matters that we have agreed to state to the Board of Directors of E C Andrew and Son Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than E C Andrew and Son Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that E C Andrew and Son Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of E C Andrew and Son Limited. You consider that E C Andrew and Son Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of E C Andrew and Son Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB


27 December 2024

E C Andrew and Son Limited (Registered number: 07779422)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 5 17,933 18,307

Current assets
Stocks - 1,450
Debtors 6 8,372 31,817
Cash at bank and in hand 271,643 255,461
280,015 288,728
Creditors
Amounts falling due within one year 7 153,027 173,707
Net current assets 126,988 115,021
Total assets less current liabilities 144,921 133,328

Provisions for liabilities 4,483 3,478
Net assets 140,438 129,850

Capital and reserves
Called up share capital 8 100 100
Retained earnings 140,338 129,750
Shareholders' funds 140,438 129,850

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

E C Andrew and Son Limited (Registered number: 07779422)

Statement of Financial Position - continued
31 March 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 December 2024 and were signed on its behalf by:




I E Andrew - Director



E C Andrew - Director


E C Andrew and Son Limited (Registered number: 07779422)

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


1. Statutory information

E C Andrew and Son 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
All fixed assets are initially recorded at cost.

Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 15% on reducing balance

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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

E C Andrew and Son Limited (Registered number: 07779422)

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


3. Accounting policies - continued

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.

4. Employees and directors

The average number of employees during the year was 4 (2023 - 4 ) .

5. Tangible fixed assets
Plant and Motor
machinery vehicles Totals
£    £    £   
Cost
At 1 April 2023 29,663 33,564 63,227
Additions 3,142 - 3,142
Disposals (2,097 ) - (2,097 )
At 31 March 2024 30,708 33,564 64,272
Depreciation
At 1 April 2023 23,545 21,375 44,920
Charge for year 1,337 1,828 3,165
Eliminated on disposal (1,746 ) - (1,746 )
At 31 March 2024 23,136 23,203 46,339
Net book value
At 31 March 2024 7,572 10,361 17,933
At 31 March 2023 6,118 12,189 18,307

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 3,698 28,464
Other debtors 4,674 3,353
8,372 31,817

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 2,679 9,367
Corporation tax 7,675 8,500
VAT 4,169 2,785
Other creditors 29 240
Directors' current accounts 135,400 148,975
Accruals and deferred income 3,075 3,840
153,027 173,707

E C Andrew and Son Limited (Registered number: 07779422)

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


8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary share £1 100 100