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REGISTERED NUMBER: 05447658 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

S P Crowther & Co Limited

S P Crowther & Co Limited (Registered number: 05447658)






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


S P Crowther & Co Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mr S P Crowther





SECRETARY: Mrs M Crowther





REGISTERED OFFICE: Hall Farm Chapel Lane
South Duffield
Selby
North Yorkshire
YO8 6SY





REGISTERED NUMBER: 05447658 (England and Wales)






S P Crowther & Co Limited (Registered number: 05447658)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 3,297 24,182
Tangible assets 5 43,922 44,221
47,219 68,403

CURRENT ASSETS
Stocks 6 1,000 1,547
Debtors 7 406,361 406,929
Cash at bank and in hand 6,796 14,951
414,157 423,427
CREDITORS
Amounts falling due within one year 8 272,359 224,683
NET CURRENT ASSETS 141,798 198,744
TOTAL ASSETS LESS CURRENT
LIABILITIES

189,017

267,147

CREDITORS
Amounts falling due after more than one
year

9

(29,955

)

(48,985

)

PROVISIONS FOR LIABILITIES (10,086 ) (10,089 )
NET ASSETS 148,976 208,073

CAPITAL AND RESERVES
Called up share capital 1,000 950
Capital redemption reserve (35,708 ) (35,708 )
Retained earnings 183,684 242,831
SHAREHOLDERS' FUNDS 148,976 208,073

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 director acknowledges his 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.

S P Crowther & Co Limited (Registered number: 05447658)

Balance Sheet - continued
30 June 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 director and authorised for issue on 11 March 2025 and were signed by:





Mr S P Crowther - Director


S P Crowther & Co Limited (Registered number: 05447658)

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

1. STATUTORY INFORMATION

S P Crowther & Co 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 5% on cost
Fixtures and fittings - 15% 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.

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.

S P Crowther & Co Limited (Registered number: 05447658)

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

2. ACCOUNTING POLICIES - continued

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 22 (2023 - 21 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 July 2023
and 30 June 2024 417,702
AMORTISATION
At 1 July 2023 393,520
Amortisation for year 20,885
At 30 June 2024 414,405
NET BOOK VALUE
At 30 June 2024 3,297
At 30 June 2023 24,182

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£ £ £ £
COST
At 1 July 2023 5,730 84,059 37,748 127,537
Additions - 3,008 8,812 11,820
At 30 June 2024 5,730 87,067 46,560 139,357
DEPRECIATION
At 1 July 2023 1,864 53,912 27,540 83,316
Charge for year 287 3,706 8,126 12,119
At 30 June 2024 2,151 57,618 35,666 95,435
NET BOOK VALUE
At 30 June 2024 3,579 29,449 10,894 43,922
At 30 June 2023 3,866 30,147 10,208 44,221

S P Crowther & Co Limited (Registered number: 05447658)

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

6. STOCKS
30.6.24 30.6.23
£ £
Stocks 1,000 1,547

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£ £
Trade debtors 188,653 149,201
Other debtors 217,708 257,728
406,361 406,929

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£ £
Bank loans and overdrafts (see note 10) 83,166 30,411
Trade creditors 13,203 26,997
Taxation and social security 143,764 133,482
Other creditors 32,226 33,793
272,359 224,683

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£ £
Bank loans (see note 10) 29,955 48,985

10. LOANS

An analysis of the maturity of loans is given below:

30.6.24 30.6.23
£ £
Amounts falling due within one year or on demand:
Bank overdrafts 64,566 11,811
Bank loans 18,600 18,600
83,166 30,411

Amounts falling due between one and two years:
Bank loans - 1-2 years 18,600 18,600

Amounts falling due between two and five years:
Bank loans - 2-5 years 11,355 30,385

S P Crowther & Co Limited (Registered number: 05447658)

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

11. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.6.24 30.6.23
£ £
Within one year 3,589 13,074
Between one and five years - 3,589
3,589 16,663

12. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£ £
Bank loans 48,555 67,585

13. ULTIMATE CONTROLLING PARTY

The controlling party is Mr S P Crowther.