Company Registration No. 3507342 (England and Wales)
Canon Pyon Shotblasting Limited
Unaudited accounts
for the year ended 31 March 2024
Canon Pyon Shotblasting Limited
Unaudited accounts
Contents
Canon Pyon Shotblasting Limited
Company Information
for the year ended 31 March 2024
Company Number
3507342 (England and Wales)
Registered Office
Great Nupton
Canon Pyon
Hereford
Herefordshire
HR4 8PW
England
Accountants
Armstrong Rogers & Co
45 Etnam Street
Leominster
Herefordshire
HR6 8AE
Canon Pyon Shotblasting Limited
Statement of financial position
as at 31 March 2024
Tangible assets
9,863
9,031
Cash at bank and in hand
6,265
5,825
Creditors: amounts falling due within one year
(40,611)
(39,408)
Net current liabilities
(28,472)
(29,281)
Net liabilities
(18,609)
(20,250)
Called up share capital
2
2
Profit and loss account
(18,611)
(20,252)
Shareholders' funds
(18,609)
(20,250)
For the year ending 31 March 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
S J Evans
Director
Company Registration No. 3507342
Canon Pyon Shotblasting Limited
Notes to the Accounts
for the year ended 31 March 2024
Canon Pyon Shotblasting Limited is a private company, limited by shares, registered in England and Wales, registration number 3507342. The registered office is Great Nupton, Canon Pyon, Hereford, Herefordshire, HR4 8PW, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
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 basis
Motor vehicles
25% Reducing balance basis
Computer equipment
30% Reducing balance basis
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Canon Pyon Shotblasting Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
32,263
6,530
3,755
42,548
At 31 March 2024
34,958
6,530
3,755
45,243
At 1 April 2023
23,469
6,530
3,518
33,517
Charge for the year
1,613
-
250
1,863
At 31 March 2024
25,082
6,530
3,768
35,380
At 31 March 2024
9,876
-
(13)
9,863
At 31 March 2023
8,794
-
237
9,031
Amounts falling due within one year
Accrued income and prepayments
246
284
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
702
512
Loans from directors
36,001
35,154
7
Transactions with related parties
At 31 March 2024 S J Evans Esq was owed £36,001 (2023: £35,154) in respect of his Directors Current Account.
S J Evans (Director) owns 100% of the issued share capital.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).