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Company Registration No. 14337154 (England and Wales)
H.S. Booker Farriery Ltd Unaudited accounts for the year ended 30 September 2024
H.S. Booker Farriery Ltd Unaudited accounts Contents
Page
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H.S. Booker Farriery Ltd Company Information for the year ended 30 September 2024
Director
Howard Booker
Company Number
14337154 (England and Wales)
Registered Office
5 Low Street Weasenham Kings Lynn PE32 2TQ
Accountants
Mrs A C Howell 13 Ipswich Grove Norwich Norfolk NR2 2LU
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H.S. Booker Farriery Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
55,586 
30,552 
Current assets
Inventories
300 
150 
Debtors
24,453 
19,536 
Cash at bank and in hand
22,529 
11,204 
47,282 
30,890 
Creditors: amounts falling due within one year
(21,132)
(26,214)
Net current assets
26,150 
4,676 
Total assets less current liabilities
81,736 
35,228 
Creditors: amounts falling due after more than one year
(30,966)
(1,827)
Provisions for liabilities
Deferred tax
(10,211)
(3,926)
Net assets
40,559 
29,475 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
40,459 
29,375 
Shareholders' funds
40,559 
29,475 
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 January 2025 and were signed on its behalf by
Howard Booker Director Company Registration No. 14337154
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H.S. Booker Farriery Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
H.S. Booker Farriery Ltd is a private company, limited by shares, registered in England and Wales, registration number 14337154. The registered office is 5 Low Street, Weasenham, Kings Lynn, PE32 2TQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
15% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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H.S. Booker Farriery Ltd Notes to the Accounts for the year ended 30 September 2024
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
16,943 
19,000 
35,943 
Additions
1,204 
49,787 
50,991 
Disposals
- 
(19,000)
(19,000)
At 30 September 2024
18,147 
49,787 
67,934 
Depreciation
At 1 October 2023
2,541 
2,850 
5,391 
Charge for the year
2,339 
7,468 
9,807 
On disposals
- 
(2,850)
(2,850)
At 30 September 2024
4,880 
7,468 
12,348 
Net book value
At 30 September 2024
13,267 
42,319 
55,586 
At 30 September 2023
14,402 
16,150 
30,552 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
39,769 
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
4,582 
- 
Trade debtors
18,805 
18,917 
Accrued income and prepayments
1,066 
619 
24,453 
19,536 
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H.S. Booker Farriery Ltd Notes to the Accounts for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,180 
1,180 
VAT
- 
4,317 
Obligations under finance leases and hire purchase contracts
10,370 
- 
Taxes and social security
7,835 
17,996 
Loans from directors
1,072 
2,021 
Accruals
675 
700 
21,132 
26,214 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
721 
1,827 
Obligations under finance leases and hire purchase contracts
30,245 
- 
30,966 
1,827 
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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