2023-06-012024-05-312024-05-31false09625464A & T SKINNER LTD2025-02-1156102falseiso4217:GBPxbrli:pure096254642023-06-01096254642024-05-31096254642023-06-012024-05-31096254642022-06-01096254642023-05-31096254642022-06-012023-05-3109625464bus:SmallEntities2023-06-012024-05-3109625464bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3109625464bus:FullAccounts2023-06-012024-05-3109625464bus:PrivateLimitedCompanyLtd2023-06-012024-05-3109625464core:WithinOneYear2024-05-3109625464core:AfterOneYear2024-05-3109625464core:WithinOneYear2023-05-3109625464core:AfterOneYear2023-05-3109625464core:ShareCapital2024-05-3109625464core:SharePremium2024-05-3109625464core:RevaluationReserve2024-05-3109625464core:OtherReservesSubtotal2024-05-3109625464core:RetainedEarningsAccumulatedLosses2024-05-3109625464core:ShareCapital2023-05-3109625464core:SharePremium2023-05-3109625464core:RevaluationReserve2023-05-3109625464core:OtherReservesSubtotal2023-05-3109625464core:RetainedEarningsAccumulatedLosses2023-05-3109625464core:LandBuildings2024-05-3109625464core:PlantMachinery2024-05-3109625464core:Vehicles2024-05-3109625464core:FurnitureFittings2024-05-3109625464core:OfficeEquipment2024-05-3109625464core:NetGoodwill2024-05-3109625464core:IntangibleAssetsOtherThanGoodwill2024-05-3109625464core:ListedExchangeTraded2024-05-3109625464core:UnlistedNon-exchangeTraded2024-05-3109625464core:LandBuildings2023-05-3109625464core:PlantMachinery2023-05-3109625464core:Vehicles2023-05-3109625464core:FurnitureFittings2023-05-3109625464core:OfficeEquipment2023-05-3109625464core:NetGoodwill2023-05-3109625464core:IntangibleAssetsOtherThanGoodwill2023-05-3109625464core:ListedExchangeTraded2023-05-3109625464core:UnlistedNon-exchangeTraded2023-05-3109625464core:LandBuildings2023-06-012024-05-3109625464core:PlantMachinery2023-06-012024-05-3109625464core:Vehicles2023-06-012024-05-3109625464core:FurnitureFittings2023-06-012024-05-3109625464core:OfficeEquipment2023-06-012024-05-3109625464core:NetGoodwill2023-06-012024-05-3109625464core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3109625464core:ListedExchangeTraded2023-06-012024-05-3109625464core:UnlistedNon-exchangeTraded2023-06-012024-05-3109625464core:MoreThanFiveYears2023-06-012024-05-3109625464core:Non-currentFinancialInstruments2024-05-3109625464core:Non-currentFinancialInstruments2023-05-3109625464dpl:CostSales2023-06-012024-05-3109625464dpl:DistributionCosts2023-06-012024-05-3109625464core:LandBuildings2023-06-012024-05-3109625464core:PlantMachinery2023-06-012024-05-3109625464core:Vehicles2023-06-012024-05-3109625464core:FurnitureFittings2023-06-012024-05-3109625464core:OfficeEquipment2023-06-012024-05-3109625464dpl:AdministrativeExpenses2023-06-012024-05-3109625464core:NetGoodwill2023-06-012024-05-3109625464core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3109625464dpl:GroupUndertakings2023-06-012024-05-3109625464dpl:ParticipatingInterests2023-06-012024-05-3109625464dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3109625464core:ListedExchangeTraded2023-06-012024-05-3109625464dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3109625464core:UnlistedNon-exchangeTraded2023-06-012024-05-3109625464dpl:CostSales2022-06-012023-05-3109625464dpl:DistributionCosts2022-06-012023-05-3109625464core:LandBuildings2022-06-012023-05-3109625464core:PlantMachinery2022-06-012023-05-3109625464core:Vehicles2022-06-012023-05-3109625464core:FurnitureFittings2022-06-012023-05-3109625464core:OfficeEquipment2022-06-012023-05-3109625464dpl:AdministrativeExpenses2022-06-012023-05-3109625464core:NetGoodwill2022-06-012023-05-3109625464core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3109625464dpl:GroupUndertakings2022-06-012023-05-3109625464dpl:ParticipatingInterests2022-06-012023-05-3109625464dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3109625464core:ListedExchangeTraded2022-06-012023-05-3109625464dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3109625464core:UnlistedNon-exchangeTraded2022-06-012023-05-3109625464core:NetGoodwill2024-05-3109625464core:IntangibleAssetsOtherThanGoodwill2024-05-3109625464core:LandBuildings2024-05-3109625464core:PlantMachinery2024-05-3109625464core:Vehicles2024-05-3109625464core:FurnitureFittings2024-05-3109625464core:OfficeEquipment2024-05-3109625464core:AfterOneYear2024-05-3109625464core:WithinOneYear2024-05-3109625464core:ListedExchangeTraded2024-05-3109625464core:UnlistedNon-exchangeTraded2024-05-3109625464core:ShareCapital2024-05-3109625464core:SharePremium2024-05-3109625464core:RevaluationReserve2024-05-3109625464core:OtherReservesSubtotal2024-05-3109625464core:RetainedEarningsAccumulatedLosses2024-05-3109625464core:NetGoodwill2023-05-3109625464core:IntangibleAssetsOtherThanGoodwill2023-05-3109625464core:LandBuildings2023-05-3109625464core:PlantMachinery2023-05-3109625464core:Vehicles2023-05-3109625464core:FurnitureFittings2023-05-3109625464core:OfficeEquipment2023-05-3109625464core:AfterOneYear2023-05-3109625464core:WithinOneYear2023-05-3109625464core:ListedExchangeTraded2023-05-3109625464core:UnlistedNon-exchangeTraded2023-05-3109625464core:ShareCapital2023-05-3109625464core:SharePremium2023-05-3109625464core:RevaluationReserve2023-05-3109625464core:OtherReservesSubtotal2023-05-3109625464core:RetainedEarningsAccumulatedLosses2023-05-3109625464core:NetGoodwill2022-06-0109625464core:IntangibleAssetsOtherThanGoodwill2022-06-0109625464core:LandBuildings2022-06-0109625464core:PlantMachinery2022-06-0109625464core:Vehicles2022-06-0109625464core:FurnitureFittings2022-06-0109625464core:OfficeEquipment2022-06-0109625464core:AfterOneYear2022-06-0109625464core:WithinOneYear2022-06-0109625464core:ListedExchangeTraded2022-06-0109625464core:UnlistedNon-exchangeTraded2022-06-0109625464core:ShareCapital2022-06-0109625464core:SharePremium2022-06-0109625464core:RevaluationReserve2022-06-0109625464core:OtherReservesSubtotal2022-06-0109625464core:RetainedEarningsAccumulatedLosses2022-06-0109625464core:AfterOneYear2023-06-012024-05-3109625464core:WithinOneYear2023-06-012024-05-3109625464core:Non-currentFinancialInstrumentscore:CostValuation2023-06-012024-05-3109625464core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-012024-05-3109625464core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-012024-05-3109625464core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-012024-05-3109625464core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-012024-05-3109625464core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-012024-05-3109625464core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3109625464core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3109625464core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3109625464core:Non-currentFinancialInstrumentscore:CostValuation2024-05-3109625464core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-05-3109625464core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-05-3109625464core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-05-3109625464core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-05-3109625464core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-05-3109625464core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-05-3109625464core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-05-3109625464core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-05-3109625464core:Non-currentFinancialInstrumentscore:CostValuation2023-05-3109625464core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-3109625464core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-3109625464core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-3109625464core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-3109625464core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-3109625464core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-3109625464core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-3109625464core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-3109625464bus:Director12023-06-012024-05-3109625464bus:Director22023-06-012024-05-3109625464core:FurnitureFittingsToolsEquipment2023-05-3109625464core:FurnitureFittingsToolsEquipment2024-05-3109625464core:FurnitureFittingsToolsEquipment2023-06-012024-05-31

A & T SKINNER LTD

Registered Number
09625464
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

A & T SKINNER LTD
Company Information
for the year from 1 June 2023 to 31 May 2024

Directors

SKINNER, Ashley Paul
SKINNER, Tina Maria

Registered Address

10 Gwarak An Warak
Truro
TR1 2FP

Registered Number

09625464 (England and Wales)
A & T SKINNER LTD
Balance Sheet as at
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets42,9013,626
2,9013,626
Current assets
Stocks5545475
Debtors62,7722,500
Cash at bank and on hand66950
3,9863,025
Creditors amounts falling due within one year7(74,381)(93,324)
Net current assets (liabilities)(70,395)(90,299)
Total assets less current liabilities(67,494)(86,673)
Creditors amounts falling due after one year8(46,274)(43,180)
Net assets(113,768)(129,853)
Capital and reserves
Called up share capital22
Profit and loss account(113,770)(129,855)
Shareholders' funds(113,768)(129,853)
The financial statements were approved and authorised for issue by the Board of Directors on 11 February 2025, and are signed on its behalf by:
SKINNER, Ashley Paul
Director
Registered Company No. 09625464
A & T SKINNER LTD
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)Straight line (years)
Plant and machinery20-
Fixtures and fittings20-
Office Equipment-3
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year22
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 June 2327,00027,000
At 31 May 2427,00027,000
Amortisation and impairment
At 01 June 2327,00027,000
At 31 May 2427,00027,000
Net book value
At 31 May 24--
At 31 May 23--
4.Tangible fixed assets

Plant & machinery

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 June 231,40019,88322121,504
At 31 May 241,40019,88322121,504
Depreciation and impairment
At 01 June 2353317,12422117,878
Charge for year173552-725
At 31 May 2470617,67622118,603
Net book value
At 31 May 246942,207-2,901
At 31 May 238672,759-3,626
5.Stocks

2024

2023

££
Other stocks545475
Total545475
6.Debtors: amounts due within one year

2024

2023

££
Other debtors2,7722,500
Total2,7722,500
7.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables1,4682,473
Bank borrowings and overdrafts2,5374,975
Taxation and social security-1,621
Other creditors69,27683,256
Accrued liabilities and deferred income1,100999
Total74,38193,324
8.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts46,27443,180
Total46,27443,180