Company Registration No. 03101541 (England and Wales)
SHEPHERD HYDRAULICS & PNEUMATICS LIMITED
Unaudited accounts
for the year ended 30 September 2024
SHEPHERD HYDRAULICS & PNEUMATICS LIMITED
Unaudited accounts
Contents
SHEPHERD HYDRAULICS & PNEUMATICS LIMITED
Company Information
for the year ended 30 September 2024
Directors
Edward Shepherd
Isaac Shepherd
Company Number
03101541 (England and Wales)
Registered Office
UNIT E, SALCOMBE COURT
SALCOMBE ROAD
ALFRETON
DERBYSHIRE
DE55 7EG
Accountants
Mr & Mrs Wilks Limited
19 Catkin Drive
Giltbrook
Nottingham
NG16 2UB
SHEPHERD HYDRAULICS & PNEUMATICS LIMITED
Statement of financial position
as at 30 September 2024
Tangible assets
512,662
519,698
Cash at bank and in hand
31,154
9,769
Creditors: amounts falling due within one year
(456,273)
(521,266)
Net current liabilities
(37,959)
(132,706)
Total assets less current liabilities
474,703
386,992
Creditors: amounts falling due after more than one year
(454,637)
(292,283)
Provisions for liabilities
Called up share capital
100
100
Revaluation reserve
62,528
62,528
Profit and loss account
(42,562)
1,992
Shareholders' funds
20,066
64,620
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by
Edward Shepherd
Director
Company Registration No. 03101541
SHEPHERD HYDRAULICS & PNEUMATICS LIMITED
Notes to the Accounts
for the year ended 30 September 2024
SHEPHERD HYDRAULICS & PNEUMATICS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03101541. The registered office is UNIT E, SALCOMBE COURT, SALCOMBE ROAD, ALFRETON, DERBYSHIRE, DE55 7EG.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
33% on Cost
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
469,051
209,352
137,660
816,063
At 30 September 2024
469,051
212,702
137,660
819,413
At 1 October 2023
-
179,903
116,462
296,365
Charge for the year
-
5,087
5,299
10,386
At 30 September 2024
-
184,990
121,761
306,751
At 30 September 2024
469,051
27,712
15,899
512,662
At 30 September 2023
469,051
29,449
21,198
519,698
SHEPHERD HYDRAULICS & PNEUMATICS LIMITED
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Trade debtors
254,119
245,750
Accrued income and prepayments
4,389
4,389
Other debtors
32,685
32,685
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
209,788
321,563
Obligations under finance leases and hire purchase contracts
-
2,156
Trade creditors
165,891
83,263
Amounts owed to group undertakings and other participating interests
1,000
1,000
Taxes and social security
24,307
28,882
Other creditors
74,389
98,664
Loans from directors
(36,806)
(30,116)
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Creditors: amounts falling due after more than one year
2024
2023
Bank loans
454,637
292,283
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Average number of employees
During the year the average number of employees was 10 (2023: 10).