IRIS Accounts Production v24.3.2.46 02591789 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh025917892023-04-30025917892024-04-30025917892023-05-012024-04-30025917892022-04-30025917892022-05-012023-04-30025917892023-04-3002591789ns15:EnglandWales2023-05-012024-04-3002591789ns14:PoundSterling2023-05-012024-04-3002591789ns10:Director12023-05-012024-04-3002591789ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3002591789ns10:SmallEntities2023-05-012024-04-3002591789ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3002591789ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3002591789ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3002591789ns10:FullAccounts2023-05-012024-04-3002591789ns10:Director32023-05-012024-04-3002591789ns10:Director22023-05-012024-04-3002591789ns10:CompanySecretary12023-05-012024-04-3002591789ns10:RegisteredOffice2023-05-012024-04-3002591789ns5:CurrentFinancialInstruments2024-04-3002591789ns5:CurrentFinancialInstruments2023-04-3002591789ns5:Non-currentFinancialInstruments2024-04-3002591789ns5:Non-currentFinancialInstruments2023-04-3002591789ns5:ShareCapital2024-04-3002591789ns5:ShareCapital2023-04-3002591789ns5:RetainedEarningsAccumulatedLosses2024-04-3002591789ns5:RetainedEarningsAccumulatedLosses2023-04-3002591789ns5:PlantMachinery2023-05-012024-04-3002591789ns5:FurnitureFittings2023-05-012024-04-3002591789ns5:MotorVehicles2023-05-012024-04-3002591789ns5:ComputerEquipment2023-05-012024-04-3002591789ns5:LandBuildings2023-04-3002591789ns5:PlantMachinery2023-04-3002591789ns5:FurnitureFittings2023-04-3002591789ns5:LandBuildings2023-05-012024-04-3002591789ns5:LandBuildings2024-04-3002591789ns5:PlantMachinery2024-04-3002591789ns5:FurnitureFittings2024-04-3002591789ns5:LandBuildings2023-04-3002591789ns5:PlantMachinery2023-04-3002591789ns5:FurnitureFittings2023-04-3002591789ns5:MotorVehicles2023-04-3002591789ns5:ComputerEquipment2023-04-3002591789ns5:MotorVehicles2024-04-3002591789ns5:ComputerEquipment2024-04-3002591789ns5:MotorVehicles2023-04-3002591789ns5:ComputerEquipment2023-04-3002591789ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3002591789ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3002591789ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-04-3002591789ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-04-3002591789ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-04-3002591789ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-04-3002591789ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-04-3002591789ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-04-30
REGISTERED NUMBER: 02591789 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

T.B & Sons Ltd.

T.B & Sons Ltd. (Registered number: 02591789)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


T.B & Sons Ltd.

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mrs M Beswick
R Beswick
T Beswick





SECRETARY: Mrs M Beswick





REGISTERED OFFICE: Batham Gate Farm
Fairfield
Buxton
Derbyshire
SK17 7HS





REGISTERED NUMBER: 02591789 (England and Wales)





ACCOUNTANTS: DLA Chartered Accountants
36A Market Street
New Mills
High Peak
SK22 4AA

T.B & Sons Ltd. (Registered number: 02591789)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 350,008 342,986

CURRENT ASSETS
Stocks 3,893 5,340
Debtors 5 118,150 77,096
Cash at bank 20,784 18,424
142,827 100,860
CREDITORS
Amounts falling due within one year 6 126,471 65,862
NET CURRENT ASSETS 16,356 34,998
TOTAL ASSETS LESS CURRENT
LIABILITIES

366,364

377,984

CREDITORS
Amounts falling due after more than one
year

7

(107,942

)

(72,651

)

PROVISIONS FOR LIABILITIES (14,856 ) (9,957 )
NET ASSETS 243,566 295,376

CAPITAL AND RESERVES
Called up share capital 250 250
Retained earnings 243,316 295,126
SHAREHOLDERS' FUNDS 243,566 295,376

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 Board of Directors and authorised for issue on 10 October 2024 and were signed on its behalf by:





T Beswick - Director


T.B & Sons Ltd. (Registered number: 02591789)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

T.B & Sons Ltd. 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.

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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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 Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

T.B & Sons Ltd. (Registered number: 02591789)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 May 2023 290,584 168,468 1,490
Additions - 58,450 -
Disposals - (48,683 ) -
At 30 April 2024 290,584 178,235 1,490
DEPRECIATION
At 1 May 2023 - 116,495 1,206
Charge for year - 24,520 284
Eliminated on disposal - (22,204 ) -
At 30 April 2024 - 118,811 1,490
NET BOOK VALUE
At 30 April 2024 290,584 59,424 -
At 30 April 2023 290,584 51,973 284

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2023 4,500 636 465,678
Additions - - 58,450
Disposals - - (48,683 )
At 30 April 2024 4,500 636 475,445
DEPRECIATION
At 1 May 2023 4,358 633 122,692
Charge for year 142 3 24,949
Eliminated on disposal - - (22,204 )
At 30 April 2024 4,500 636 125,437
NET BOOK VALUE
At 30 April 2024 - - 350,008
At 30 April 2023 142 3 342,986

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 100,296 59,653
Other debtors 15,000 12,000
Tax - 4,930
Prepayments 2,854 513
118,150 77,096

T.B & Sons Ltd. (Registered number: 02591789)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 10,000 -
Hire purchase contracts 13,125 11,375
Trade creditors 35,096 2,940
Social security and other taxes 1,171 2,406
VAT 25,209 14,993
Other creditors 12,000 10,500
Directors' current accounts 26,071 19,699
Accrued expenses 3,799 3,949
126,471 65,862

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans - 1-2 years 10,000 -
Bank loans - 2-5 years 28,333 -
Other loans - 1-2 years 50,000 50,000
Hire purchase contracts 19,609 22,651
107,942 72,651