Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 May 2024
Directors | |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 4 | |||||||
Current assets | ||||||||
Stocks | 5 | |||||||
Debtors | 6 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 7 | ( | ( | |||||
Net current assets (liabilities) | ||||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | 8 | ( | ( | |||||
Provisions for liabilities | 10 | ( | ( | |||||
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 27 February 2025, and are signed on its behalf by: |
Director |
Director Registered Company No. 08562249 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Turnover policy | |
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Revenue from sale of goods | |
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Interest income | |
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Interest income is recognised using the effective interest rate method. |
Operating leases | |
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Employee benefits | |
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Defined contribution pension plan | |
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Foreign currency translation | |
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Current taxation | |
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Deferred tax | |
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Tangible fixed assets and depreciation | |
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Straight line (years) | ||
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Plant and machinery | ||
Vehicles |
Finance leases and hire purchase contracts | |
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Stocks and work in progress | |
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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. | Tangible fixed assets |
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Vehicles | Office Equipment | Total | ||||
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£ | £ | £ | ||||
Cost or valuation | ||||||
At 01 June 23 | ||||||
Additions | ||||||
At 31 May 24 | ||||||
Depreciation and impairment | ||||||
At 01 June 23 | ||||||
Charge for year | ||||||
At 31 May 24 | ||||||
Net book value | ||||||
At 31 May 24 | ||||||
At 31 May 23 |
5. | Stocks |
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2024 | 2023 | |||
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£ | £ | |||
Other stocks | ||||
Total |
6. | Debtors: amounts due within one year |
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2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Trade debtors / trade receivables | ||||
Other debtors | ||||
Total |
7. | 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 | ||||
Total |
8. | Creditors: amounts due after one year |
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2024 | 2023 | |||
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£ | £ | |||
Trade creditors / trade payables | ||||
Total |
9. | Obligations under finance leases |
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Hire Purchase Contracts Minimum lease payments fall due as follows as at 31.05.24 Net obligations repayable: Within one year: £28,558 (2023: £26,444) Between one and five years: £59,491 (2023: £88,049) Total: £88,049 (2023: £114,493) |
10. | Provisions for liabilities |
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2024 | 2023 | |||
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£ | £ | |||
Other provisions | ||||
Total |
11. | Operating lease commitments |
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12. | Controlling party |
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The controlling party is G Helm. |