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REGISTERED NUMBER: 01165109






















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

H. MCINTYRE & SONS LIMITED

H. MCINTYRE & SONS LIMITED (REGISTERED NUMBER: 01165109)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H. MCINTYRE & SONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Mr S J McIntyre





SECRETARY: A Rowe





REGISTERED OFFICE: Unit N
Cradock Road
LUTON
Bedfordshire
LU4 0JF





REGISTERED NUMBER: 01165109





ACCOUNTANTS: GKP (Ampthill) Limited
Chartered Accountants
3 Doolittle Yard
Froghall Road
Ampthill
Bedfordshire
MK45 2NW

H. MCINTYRE & SONS LIMITED (REGISTERED NUMBER: 01165109)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 531,360 527,216

CURRENT ASSETS
Stocks 32,000 27,000
Debtors 5 122,560 118,477
Cash at bank 154,164 272,571
308,724 418,048
CREDITORS
Amounts falling due within one year 6 186,381 270,897
NET CURRENT ASSETS 122,343 147,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

653,703

674,367

CREDITORS
Amounts falling due after more than one
year

7

(40,254

)

(59,687

)

PROVISIONS FOR LIABILITIES 9 (3,097 ) (2,310 )
NET ASSETS 610,352 612,370

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 610,252 612,270
610,352 612,370

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

H. MCINTYRE & SONS LIMITED (REGISTERED NUMBER: 01165109)

BALANCE SHEET - continued
30 JUNE 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 February 2025 and were signed by:





Mr S J McIntyre - Director


H. MCINTYRE & SONS LIMITED (REGISTERED NUMBER: 01165109)

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


1. STATUTORY INFORMATION

H. McIntyre & Sons Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Improvements to property - 10% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

The freehold property is being depreciated to its estimated residual value over its deemed useful economic life. The director believes that the residual value to be at least the current carrying value in these accounts and therefore any depreciation would be negligible. The maintenance costs are charged to the profit and loss account in the year incurred. The director reviews the estimated residual value at the end of each accounting period.

Fixtures and fittings, motor vehicles and computer equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
The gain or loss arising on disposal of an asset is determined at the difference between the sales proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.

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 Statement of Income and Retained Earnings, 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.


H. MCINTYRE & SONS LIMITED (REGISTERED NUMBER: 01165109)

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


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Improvements and
property to property fittings
£ £ £
COST
At 1 July 2023 515,060 3,050 876
Additions - - 1,190
Disposals - - -
At 30 June 2024 515,060 3,050 2,066
DEPRECIATION
At 1 July 2023 - 2,485 856
Charge for year - 56 3
Eliminated on disposal - - -
At 30 June 2024 - 2,541 859
NET BOOK VALUE
At 30 June 2024 515,060 509 1,207
At 30 June 2023 515,060 565 20

H. MCINTYRE & SONS LIMITED (REGISTERED NUMBER: 01165109)

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


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1 July 2023 35,386 14,338 568,710
Additions 9,200 - 10,390
Disposals (6,750 ) - (6,750 )
At 30 June 2024 37,836 14,338 572,350
DEPRECIATION
At 1 July 2023 27,945 10,208 41,494
Charge for year 4,026 826 4,911
Eliminated on disposal (5,415 ) - (5,415 )
At 30 June 2024 26,556 11,034 40,990
NET BOOK VALUE
At 30 June 2024 11,280 3,304 531,360
At 30 June 2023 7,441 4,130 527,216

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 122,560 116,038
Prepayments and accrued income - 2,439
122,560 118,477

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 22,494 20,081
Trade creditors 97,432 163,799
Tax 1,057 7,481
Social security and other taxes 6,172 8,449
VAT 11,410 23,524
Other creditors 43,445 43,170
Director's loan account 36 258
Accrued expenses 4,335 4,135
186,381 270,897

The other creditor balance is held with Robert McIntyre who is a 3% shareholder.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loan 2 - 5 years 40,254 59,687

H. MCINTYRE & SONS LIMITED (REGISTERED NUMBER: 01165109)

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


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Bank loans 62,748 79,768

The bank hold a fixed and floating charge over the assets of the company.

9. PROVISIONS FOR LIABILITIES
2024 2023
£ £
Deferred tax
Capital allowances 3,097 2,310

Deferred tax
£
Balance at 1 July 2023 2,310
Capital allowances 787
Balance at 30 June 2024 3,097

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S J McIntyre.