Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 March 2024
Directors | |
Company Secretary | RUSSELL, Toni |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 5 | |||||||
Current assets | ||||||||
Stocks | 6 | |||||||
Debtors | 7,8 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 10 | ( | ( | |||||
Net current assets (liabilities) | ( | ( | ||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | 11 | ( | ( | |||||
Provisions for liabilities | 13 | ( | ( | |||||
Net assets | ||||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Profit and loss account | ||||||||
Shareholders' funds |
The financial statements were approved and authorised for issue by the Board of Directors on 21 February 2025, and are signed on its behalf by: |
Director |
Director Registered Company No. 05312669 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Basis of preparation | |
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Going concern | |
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Turnover policy | |
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Employee benefits | |
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Defined contribution pension plan | |
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Deferred tax | |
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Intangible assets | |
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Tangible fixed assets and depreciation | |
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Reducing balance (%) | Straight line (years) | |||
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Land and buildings | ||||
Plant and machinery | ||||
Fixtures and fittings | ||||
Vehicles | ||||
Office Equipment |
Finance leases and hire purchase contracts | |
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Stocks and work in progress | |
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Trade and other debtors | |
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Trade and other creditors | |
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2. | Average number of employees |
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2024 | 2023 | |||
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Average number of employees during the year |
3. | Deferred tax |
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Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised. |
4. | Intangible assets |
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Goodwill | Total | |||
---|---|---|---|---|
£ | £ | |||
Cost or valuation | ||||
At 01 April 23 | ||||
At 31 March 24 | ||||
Amortisation and impairment | ||||
At 01 April 23 | ||||
At 31 March 24 | ||||
Net book value | ||||
At 31 March 24 | ||||
At 31 March 23 |
5. | Tangible fixed assets |
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Land & buildings | Plant & machinery | Vehicles | Office Equipment | Total | ||||||
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£ | £ | £ | £ | £ | ||||||
Cost or valuation | ||||||||||
At 01 April 23 | ||||||||||
Additions | ||||||||||
Revaluations | ||||||||||
Disposals | ( | ( | ( | ( | ( | |||||
At 31 March 24 | ||||||||||
Depreciation and impairment | ||||||||||
At 01 April 23 | ||||||||||
Charge for year | ||||||||||
On disposals | ( | ( | ( | ( | ||||||
Other adjustments | ||||||||||
At 31 March 24 | ||||||||||
Net book value | ||||||||||
At 31 March 24 | ||||||||||
At 31 March 23 |
6. | Stocks |
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2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Raw materials and consumables | ||||
Work in progress | ||||
Total |
7. | Debtors: amounts due within one year |
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2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Trade debtors / trade receivables | ||||
Other debtors | ||||
Prepayments and accrued income | ||||
Total |
8. | Debtors: amounts due after one year |
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9. | Defined benefit plan asset |
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The plan assets do not include any of the company's financial instruments nor is any property occupied by, or other assets used by, the company. The fair value of the plan assets was: |
10. | Creditors: amounts due within one year |
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2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Trade creditors / trade payables | ||||
Bank borrowings and overdrafts | ||||
Taxation and social security | ||||
Finance lease and HP contracts | ||||
Other creditors | ||||
Accrued liabilities and deferred income | ||||
Total |
11. | Creditors: amounts due after one year |
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2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Bank borrowings and overdrafts | ||||
Other creditors | ||||
Total |
12. | Obligations under finance leases |
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2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Finance lease and HP contracts |
13. | Provisions for liabilities |
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2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Net deferred tax liability (asset) | ||||
Total |
14. | Directors advances, credits and guarantees |
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Brought forward | Amount advanced | Amount repaid | Carried forward | |||||
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£ | £ | £ | £ | |||||
( | ||||||||