IRIS Accounts Production v24.3.2.46 12350375 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false false true false Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh123503752023-06-30123503752024-06-30123503752023-07-012024-06-30123503752022-06-30123503752022-07-012023-06-30123503752023-06-3012350375ns15:EnglandWales2023-07-012024-06-3012350375ns14:PoundSterling2023-07-012024-06-3012350375ns10:Director12023-07-012024-06-3012350375ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3012350375ns10:SmallEntities2023-07-012024-06-3012350375ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3012350375ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3012350375ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3012350375ns10:FullAccounts2023-07-012024-06-301235037512023-07-012024-06-3012350375ns10:OrdinaryShareClass12023-07-012024-06-3012350375ns10:OrdinaryShareClass22023-07-012024-06-3012350375ns10:OrdinaryShareClass32023-07-012024-06-3012350375ns10:OrdinaryShareClass42023-07-012024-06-3012350375ns10:OrdinaryShareClass52023-07-012024-06-3012350375ns10:Director22023-07-012024-06-3012350375ns10:Director32023-07-012024-06-3012350375ns10:Director42023-07-012024-06-3012350375ns10:RegisteredOffice2023-07-012024-06-3012350375ns5:CurrentFinancialInstruments2024-06-3012350375ns5:CurrentFinancialInstruments2023-06-3012350375ns5:Non-currentFinancialInstruments2024-06-3012350375ns5:Non-currentFinancialInstruments2023-06-3012350375ns5:ShareCapital2024-06-3012350375ns5:ShareCapital2023-06-3012350375ns5:RetainedEarningsAccumulatedLosses2024-06-3012350375ns5:RetainedEarningsAccumulatedLosses2023-06-3012350375ns5:NetGoodwill2023-07-012024-06-3012350375ns5:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3012350375ns5:PlantMachinery2023-07-012024-06-3012350375ns5:FurnitureFittings2023-07-012024-06-3012350375ns5:ComputerEquipment2023-07-012024-06-3012350375ns5:NetGoodwill2023-06-3012350375ns5:NetGoodwill2024-06-3012350375ns5:NetGoodwill2023-06-3012350375ns5:PlantMachinery2023-06-3012350375ns5:FurnitureFittings2023-06-3012350375ns5:ComputerEquipment2023-06-3012350375ns5:PlantMachinery2024-06-3012350375ns5:FurnitureFittings2024-06-3012350375ns5:ComputerEquipment2024-06-3012350375ns5:PlantMachinery2023-06-3012350375ns5:FurnitureFittings2023-06-3012350375ns5:ComputerEquipment2023-06-3012350375ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3012350375ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3012350375ns10:OrdinaryShareClass12024-06-3012350375ns10:OrdinaryShareClass22024-06-3012350375ns10:OrdinaryShareClass32024-06-3012350375ns10:OrdinaryShareClass42024-06-3012350375ns10:OrdinaryShareClass52024-06-30
REGISTERED NUMBER: 12350375 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2024

FOR

ARMSTRONGS (HINCKLEY) LIMITED

ARMSTRONGS (HINCKLEY) LIMITED (REGISTERED NUMBER: 12350375)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARMSTRONGS (HINCKLEY) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2024







DIRECTORS: P A Farmer
M Shabbir
Mrs S F Van Ristell
Mrs J Wale





REGISTERED OFFICE: 1 & 2 Mercia Village
Torwood Close
Westwood Business Park
Coventry
West Midlands
CV4 8HX





REGISTERED NUMBER: 12350375 (England and Wales)





ACCOUNTANTS: Armstrongs
Chartered Accountants and Tax Advisers
1 & 2 Mercia Village
Torwood Close
Westwood Business Park
Coventry
West Midlands
CV4 8HX

ARMSTRONGS (HINCKLEY) LIMITED (REGISTERED NUMBER: 12350375)

BALANCE SHEET
30TH JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 202,377 346,586
Tangible assets 5 23,723 15,212
226,100 361,798

CURRENT ASSETS
Stocks 139,938 126,330
Debtors 6 234,544 156,853
Cash at bank and in hand 121,971 105,633
496,453 388,816
CREDITORS
Amounts falling due within one year 7 686,689 588,160
NET CURRENT LIABILITIES (190,236 ) (199,344 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,864

162,454

CREDITORS
Amounts falling due after more than one
year

8

31,661

156,648
NET ASSETS 4,203 5,806

CAPITAL AND RESERVES
Called up share capital 10 1,151 1,151
Retained earnings 3,052 4,655
SHAREHOLDERS' FUNDS 4,203 5,806

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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.

ARMSTRONGS (HINCKLEY) LIMITED (REGISTERED NUMBER: 12350375)

BALANCE SHEET - continued
30TH 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 Board of Directors and authorised for issue on 28th March 2025 and were signed on its behalf by:





P A Farmer - Director


ARMSTRONGS (HINCKLEY) LIMITED (REGISTERED NUMBER: 12350375)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024

1. STATUTORY INFORMATION

Armstrongs (Hinckley) 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 amounts paid in connection with the acquisition of businesses, is being amortised evenly over its useful life of five 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

ARMSTRONGS (HINCKLEY) LIMITED (REGISTERED NUMBER: 12350375)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH 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 18 (2023 - 17 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st July 2023 600,460
Impairments (32,155 )
At 30th June 2024 568,305
AMORTISATION
At 1st July 2023 253,874
Amortisation for year 112,054
At 30th June 2024 365,928
NET BOOK VALUE
At 30th June 2024 202,377
At 30th June 2023 346,586

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1st July 2023 3,416 20,881 8,336 32,633
Additions - 17,425 - 17,425
At 30th June 2024 3,416 38,306 8,336 50,058
DEPRECIATION
At 1st July 2023 1,975 8,971 6,475 17,421
Charge for year 360 7,334 1,220 8,914
At 30th June 2024 2,335 16,305 7,695 26,335
NET BOOK VALUE
At 30th June 2024 1,081 22,001 641 23,723
At 30th June 2023 1,441 11,910 1,861 15,212

ARMSTRONGS (HINCKLEY) LIMITED (REGISTERED NUMBER: 12350375)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 163,420 144,586
Amounts owed by group undertakings 67,241 -
Other debtors 3,883 12,267
234,544 156,853

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,332 6,332
Trade creditors 4,457 1,504
Amounts owed to group undertakings 417,434 362,177
Taxation and social security 170,215 150,843
Other creditors 88,251 67,304
686,689 588,160

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 31,661 37,993
Other creditors - 118,655
31,661 156,648

9. SECURED DEBTS

Lloyds Bank Plc holds fixed and floating charge dated 17 June 2022 over the assets of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000
1 Ordinary A £1 1 1
50 Ordinary B £1 50 50
50 Ordinary C £1 50 50
50 Ordinary D £1 50 50
1,151 1,151