Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 October 2024
Directors | |
Company Secretary | Nigel William Furness |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 6 | |||||||
Current assets | ||||||||
Debtors | 8 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 9 | ( | ( | |||||
Net current assets (liabilities) | ( | ( | ||||||
Total assets less current liabilities | ||||||||
Provisions for liabilities | 10 | ( | ( | |||||
Net assets | ||||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Share premium | ||||||||
Profit and loss account | ( | ( | ||||||
Shareholders' funds |
The financial statements were approved and authorised for issue by the Board of Directors on 19 December 2024, and are signed on its behalf by: |
Director |
Director Registered Company No. 05970612 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Basis of preparation | |
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Functional and presentation currency | |
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Judgements and key sources of estimation uncertainty | |
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Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There are no key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year. |
Turnover policy | |
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Employee benefits | |
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Current taxation | |
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Deferred tax | |
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Intangible assets | |
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Tangible fixed assets and depreciation | |
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Reducing balance (%) | ||
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Plant and machinery | ||
Vehicles |
Trade and other debtors | |
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Cash and cash equivalents | |
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Trade and other creditors | |
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Government grants or assistance | |
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2. | Average number of employees |
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2024 | 2023 | |||
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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. | Intangible assets |
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Goodwill | Total | |||
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£ | £ | |||
Cost or valuation | ||||
At 01 November 23 | ||||
At 31 October 24 | ||||
Amortisation and impairment | ||||
At 01 November 23 | ||||
At 31 October 24 | ||||
Net book value | ||||
At 31 October 24 | ||||
At 31 October 23 |
5. | Useful life of intangible assets |
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Goodwill is being amortised evenly over its estimated useful life of fifteen years. |
6. | Tangible fixed assets |
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Plant & machinery | Vehicles | Total | ||||
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£ | £ | £ | ||||
Cost or valuation | ||||||
At 01 November 23 | ||||||
At 31 October 24 | ||||||
Depreciation and impairment | ||||||
At 01 November 23 | ||||||
Charge for year | ||||||
At 31 October 24 | ||||||
Net book value | ||||||
At 31 October 24 | ||||||
At 31 October 23 |
7. | Impairment of tangible fixed assets |
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8. | Debtors: amounts due within one year |
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2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Trade debtors / trade receivables | ||||
Other debtors | ||||
Total |
9. | Creditors: amounts due within one year |
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2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Trade creditors / trade payables | ||||
Bank borrowings and overdrafts | ||||
Taxation and social security | ||||
Other creditors | ||||
Accrued liabilities and deferred income | ||||
Total |
10. | Provisions for liabilities |
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2024 | 2023 | |||
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£ | £ | |||
Net deferred tax liability (asset) | ||||
Total |