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REGISTERED NUMBER: 11603320 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

The George Kirton Limited

The George Kirton Limited (Registered number: 11603320)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The George Kirton Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: G R McCartney
Mrs D McCartney





REGISTERED OFFICE: c/o ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB





REGISTERED NUMBER: 11603320 (England and Wales)





ACCOUNTANTS: ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB

The George Kirton Limited (Registered number: 11603320)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 120,388 95,274

CURRENT ASSETS
Stocks 6,500 6,500
Cash at bank and in hand 95,946 67,944
102,446 74,444
CREDITORS
Amounts falling due within one year 5 79,793 62,726
NET CURRENT ASSETS 22,653 11,718
TOTAL ASSETS LESS CURRENT
LIABILITIES

143,041

106,992

CREDITORS
Amounts falling due after more than one
year

6

(2,667

)

(6,667

)

PROVISIONS FOR LIABILITIES (8,118 ) (5,505 )
NET ASSETS 132,256 94,820

CAPITAL AND RESERVES
Called up share capital 180 180
Retained earnings 132,076 94,640
SHAREHOLDERS' FUNDS 132,256 94,820

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 George Kirton Limited (Registered number: 11603320)

Balance Sheet - continued
30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 March 2025 and were signed on its behalf by:





G R McCartney - Director


The George Kirton Limited (Registered number: 11603320)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

The George Kirton 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. 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 cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

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 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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 25 (2023 - 18 ) .

The George Kirton Limited (Registered number: 11603320)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 54,776 46,388 56,597 233 157,994
Additions 22,906 24,480 - 582 47,968
At 30 September 2024 77,682 70,868 56,597 815 205,962
DEPRECIATION
At 1 October 2023 9,478 14,958 38,051 233 62,720
Charge for year 7,769 11,182 3,709 194 22,854
At 30 September 2024 17,247 26,140 41,760 427 85,574
NET BOOK VALUE
At 30 September 2024 60,435 44,728 14,837 388 120,388
At 30 September 2023 45,298 31,430 18,546 - 95,274

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 4,000 4,000
Tax 9,484 -
Social security and other taxes - 1,698
VAT 40,033 36,254
Directors' current accounts 26,276 20,774
79,793 62,726

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans - 1-2 years 2,667 4,000
Bank loans - 2-5 years - 2,667
2,667 6,667

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £7,940 (2023 - £8,900) were paid to the directors .

During the year, rent totalling £24,437 (2023 - £16,215) was paid by the company to a director.

8. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.