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REGISTERED NUMBER: 01217679 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

LIONEL SAUNDERS & CO. (BRISTOL) LIMITED

LIONEL SAUNDERS & CO. (BRISTOL) LIMITED (REGISTERED NUMBER: 01217679)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


LIONEL SAUNDERS & CO. (BRISTOL) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: J B Paull
L J Rendall
B J Paull
J Rendall





SECRETARY: L J Rendall





REGISTERED OFFICE: Unit 8, Trubody's Business Park
121 London Road
Bridgeyate
Bristol
BS30 5NA





REGISTERED NUMBER: 01217679 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

LIONEL SAUNDERS & CO. (BRISTOL) LIMITED (REGISTERED NUMBER: 01217679)

ABRIDGED BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 98,033 31,405

CURRENT ASSETS
Stocks 24,428 24,028
Debtors 181,763 308,264
Cash at bank 2,438 34,877
208,629 367,169
CREDITORS
Amounts falling due within one year 198,688 224,400
NET CURRENT ASSETS 9,941 142,769
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,974

174,174

PROVISIONS FOR LIABILITIES 6 23,429 7,852
NET ASSETS 84,545 166,322

CAPITAL AND RESERVES
Called up share capital 7 33 33
Capital redemption reserve 66 66
Retained earnings 84,446 166,223
SHAREHOLDERS' FUNDS 84,545 166,322

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

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

LIONEL SAUNDERS & CO. (BRISTOL) LIMITED (REGISTERED NUMBER: 01217679)

ABRIDGED BALANCE SHEET - continued
30 SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 27 January 2025 and were signed on its behalf by:





B J Paull - Director


LIONEL SAUNDERS & CO. (BRISTOL) LIMITED (REGISTERED NUMBER: 01217679)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Lionel Saunders & Co. (Bristol) 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.

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 - 20% on reducing balance
Motor vehicles - 25% 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. Work in progress is included at sales value.

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.

LIONEL SAUNDERS & CO. (BRISTOL) LIMITED (REGISTERED NUMBER: 01217679)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023 221,439
Additions 88,682
Disposals (24,200 )
At 30 September 2024 285,921
DEPRECIATION
At 1 October 2023 190,034
Charge for year 20,890
Eliminated on disposal (23,036 )
At 30 September 2024 187,888
NET BOOK VALUE
At 30 September 2024 98,033
At 30 September 2023 31,405

5. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.9.24 30.9.23
£    £   
Within one year 12,547 26,887
Between one and five years 8,290 25,396
20,837 52,283

6. PROVISIONS FOR LIABILITIES
30.9.24 30.9.23
£    £   
Deferred tax
Accelerated capital allowances 23,429 7,852

LIONEL SAUNDERS & CO. (BRISTOL) LIMITED (REGISTERED NUMBER: 01217679)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 October 2023 7,852
Reversal of timing differences
Accelerated capital allowances 15,577
Balance at 30 September 2024 23,429

7. CALLED UP SHARE CAPITAL

Alloted, issued and full paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £ £
12 Ordinary A £1.00 12 12
7 Ordinary B £1.00 7 7
7 Ordinary C £1.00 7 7
7 Ordinary D £1.00 7 7
33 33

8. RELATED PARTY DISCLOSURES

The directors maintain interest free loan accounts with the company. At the balance sheet date, the directors were owed £25,933 (2023: £19,688).

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is considered to be B J Paull, a director and shareholder of the company.