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REGISTERED NUMBER: 00882809 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Armitage Clegg & Co Limited

Armitage Clegg & Co Limited (Registered number: 00882809)

Contents of the Financial Statements
for the Year Ended 31 May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Armitage Clegg & Co Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: D Clegg
R A Clegg
D Maguire





SECRETARY: Mrs J V Clegg





REGISTERED OFFICE: 2 Back Lord Street
Halifax
West Yorkshire
HX1 5AG





REGISTERED NUMBER: 00882809 (England and Wales)





ACCOUNTANTS: Horley Green Chartered Accountants
Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS

Armitage Clegg & Co Limited (Registered number: 00882809)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 77,666 61,446

CURRENT ASSETS
Stocks 5 113,296 45,017
Debtors 6 111,914 96,393
Cash at bank and in hand 47,709 23,803
272,919 165,213
CREDITORS
Amounts falling due within one year 7 168,025 77,404
NET CURRENT ASSETS 104,894 87,809
TOTAL ASSETS LESS CURRENT
LIABILITIES

182,560

149,255

CREDITORS
Amounts falling due after more than one year 8 (60,460 ) (46,747 )

PROVISIONS FOR LIABILITIES (14,756 ) (11,674 )
NET ASSETS 107,344 90,834

CAPITAL AND RESERVES
Called up share capital 148 148
Share premium 972 972
Retained earnings 106,224 89,714
SHAREHOLDERS' FUNDS 107,344 90,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Armitage Clegg & Co Limited (Registered number: 00882809)

Balance Sheet - continued
31 May 2024


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 7 February 2025 and were signed on its behalf by:





D Clegg - Director


Armitage Clegg & Co Limited (Registered number: 00882809)

Notes to the Financial Statements
for the Year Ended 31 May 2024


1. STATUTORY INFORMATION

Armitage Clegg & Co 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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

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 - 15% on reducing balance
Fixtures and Fittings - 15% on reducing balance
Motor Vehicles - 25% on reducing balance
Computer Equipment - 33% on cost

Stocks
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 is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits
Pensions contributions are charged to the profit and loss account in the year in which they arise.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 11 ) .

Armitage Clegg & Co Limited (Registered number: 00882809)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
Machinery Fittings Vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 49,364 4,156 115,010 8,727 177,257
Additions - - 33,540 1,085 34,625
Disposals - - (13,990 ) - (13,990 )
At 31 May 2024 49,364 4,156 134,560 9,812 197,892
DEPRECIATION
At 1 June 2023 43,184 4,031 60,930 7,666 115,811
Charge for year 927 19 15,351 1,053 17,350
Eliminated on disposal - - (12,935 ) - (12,935 )
At 31 May 2024 44,111 4,050 63,346 8,719 120,226
NET BOOK VALUE
At 31 May 2024 5,253 106 71,214 1,093 77,666
At 31 May 2023 6,180 125 54,080 1,061 61,446

5. STOCKS
31.5.24 31.5.23
£    £   
Stock 12,707 15,569
Work in Progress 100,589 29,448
113,296 45,017

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade Debtors 102,844 88,400
Other debtors 986 -
Tax 1,723 1,723
Prepayments and Accrued Income 6,361 6,270
111,914 96,393

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade Creditors 108,061 37,262
Tax 24,111 9,725
Social security and other taxes 4,713 2,191
VAT 13,070 20,720
Directors' loan accounts 16,570 6,006
Accruals 1,500 1,500
168,025 77,404

Armitage Clegg & Co Limited (Registered number: 00882809)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts 60,460 46,747

9. RELATED PARTY DISCLOSURES

The company is controlled by the company director.