IRIS Accounts Production v24.3.2.46 01372292 Board of Directors 1.7.23 30.6.24 30.6.24 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh013722922023-06-30013722922024-06-30013722922023-07-012024-06-30013722922022-06-30013722922022-07-012023-06-30013722922023-06-3001372292ns15:EnglandWales2023-07-012024-06-3001372292ns14:PoundSterling2023-07-012024-06-3001372292ns10:Director12023-07-012024-06-3001372292ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3001372292ns10:SmallEntities2023-07-012024-06-3001372292ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3001372292ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3001372292ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3001372292ns10:FullAccounts2023-07-012024-06-3001372292ns10:Director22023-07-012024-06-3001372292ns10:RegisteredOffice2023-07-012024-06-3001372292ns5:CurrentFinancialInstruments2024-06-3001372292ns5:CurrentFinancialInstruments2023-06-3001372292ns5:Non-currentFinancialInstruments2024-06-3001372292ns5:Non-currentFinancialInstruments2023-06-3001372292ns5:ShareCapital2024-06-3001372292ns5:ShareCapital2023-06-3001372292ns5:RetainedEarningsAccumulatedLosses2024-06-3001372292ns5:RetainedEarningsAccumulatedLosses2023-06-3001372292ns5:LongLeaseholdAssetsns5:LandBuildings2023-07-012024-06-3001372292ns5:PlantMachinery2023-07-012024-06-3001372292ns5:FurnitureFittings2023-07-012024-06-3001372292ns5:MotorVehicles2023-07-012024-06-3001372292ns5:LandBuildings2023-06-3001372292ns5:PlantMachinery2023-06-3001372292ns5:LandBuildings2023-07-012024-06-3001372292ns5:LandBuildings2024-06-3001372292ns5:PlantMachinery2024-06-3001372292ns5:LandBuildings2023-06-3001372292ns5:PlantMachinery2023-06-3001372292ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3001372292ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: 01372292 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

DAVID NOTT & SONS LIMITED

DAVID NOTT & SONS LIMITED (REGISTERED NUMBER: 01372292)






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


DAVID NOTT & SONS LIMITED

COMPANY INFORMATION
for the Year Ended 30 JUNE 2024







DIRECTORS: Mr A Dillnutt
Mr L A Dillnutt





REGISTERED OFFICE: Rear of 102 Icknield Road
Luton
Bedfordshire
LU3 2PA





REGISTERED NUMBER: 01372292 (England and Wales)





ACCOUNTANTS: Foxley Kingham
Chartered Accountants
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL

DAVID NOTT & SONS LIMITED (REGISTERED NUMBER: 01372292)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 184,302 229,340

CURRENT ASSETS
Stocks 6,000 6,000
Debtors 6 792,787 1,558,833
Cash at bank 96,871 194,984
895,658 1,759,817
CREDITORS
Amounts falling due within one year 7 587,002 1,443,990
NET CURRENT ASSETS 308,656 315,827
TOTAL ASSETS LESS CURRENT
LIABILITIES

492,958

545,167

CREDITORS
Amounts falling due after more than one
year

8

(9,167

)

(19,167

)

PROVISIONS FOR LIABILITIES (46,076 ) (50,380 )
NET ASSETS 437,715 475,620

DAVID NOTT & SONS LIMITED (REGISTERED NUMBER: 01372292)

BALANCE SHEET - continued
30 JUNE 2024

2024 2023
Notes £    £    £    £   

CAPITAL AND RESERVES
Called up share capital 3,000 3,000
Retained earnings 434,715 472,620
SHAREHOLDERS' FUNDS 437,715 475,620

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 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.

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 3 February 2025 and were signed on its behalf by:





Mr A Dillnutt - Director


DAVID NOTT & SONS LIMITED (REGISTERED NUMBER: 01372292)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 JUNE 2024

1. STATUTORY INFORMATION

David Nott & Sons 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the amount receivable in the ordinary course of business for goods sold and services provided after deducting value added tax.

In respect of long-term contracts, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts is recognised by reference to the stage of completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Leasehold property - 15% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 33% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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.


DAVID NOTT & SONS LIMITED (REGISTERED NUMBER: 01372292)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 JUNE 2024

3. 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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 13 ) .

5. TANGIBLE FIXED ASSETS
Land and Plant and
buildings machinery Totals
£    £    £   
COST
At 1 July 2023 3,127 490,757 493,884
Additions - 29,322 29,322
Disposals - (29,578 ) (29,578 )
At 30 June 2024 3,127 490,501 493,628
DEPRECIATION
At 1 July 2023 3,126 261,418 264,544
Charge for year - 72,024 72,024
Eliminated on disposal - (27,242 ) (27,242 )
At 30 June 2024 3,126 306,200 309,326
NET BOOK VALUE
At 30 June 2024 1 184,301 184,302
At 30 June 2023 1 229,339 229,340

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 367,111 484,545
Amounts recoverable on contract 379,994 910,895
Other debtors 45,682 163,393
792,787 1,558,833

DAVID NOTT & SONS LIMITED (REGISTERED NUMBER: 01372292)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 JUNE 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,569 50,030
Trade creditors 238,947 974,633
Taxation and social security 128,422 215,528
Other creditors 209,064 203,799
587,002 1,443,990

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 9,167 19,167