0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-10-01 Sage Accounts Production Advanced 2023 - FRS102_2023 36,000 10,800 3,600 14,400 21,600 25,200 xbrli:pure xbrli:shares iso4217:GBP 4693107 2023-10-01 2024-09-30 4693107 2024-09-30 4693107 2023-09-30 4693107 2022-10-01 2023-09-30 4693107 2023-09-30 4693107 2022-09-30 4693107 core:PlantMachinery 2023-10-01 2024-09-30 4693107 bus:Director1 2023-10-01 2024-09-30 4693107 core:PlantMachinery 2023-09-30 4693107 core:PlantMachinery 2024-09-30 4693107 core:WithinOneYear 2024-09-30 4693107 core:WithinOneYear 2023-09-30 4693107 core:ShareCapital 2024-09-30 4693107 core:ShareCapital 2023-09-30 4693107 core:RetainedEarningsAccumulatedLosses 2024-09-30 4693107 core:RetainedEarningsAccumulatedLosses 2023-09-30 4693107 core:PlantMachinery 2023-09-30 4693107 bus:SmallEntities 2023-10-01 2024-09-30 4693107 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 4693107 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 4693107 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 4693107 bus:FullAccounts 2023-10-01 2024-09-30
COMPANY REGISTRATION NUMBER: 4693107
J S Blyth & Sons Limited
Filleted Unaudited Financial Statements
For the Year Ended
30 September 2024
J S Blyth & Sons Limited
Statement of Financial Position
30 September 2024
2024
2023
Note
£
£
£
Fixed Assets
Tangible assets
4
21,600
25,200
Current Assets
Debtors
5
9,880
9,142
Cash at bank and in hand
167
61
---------
-------
10,047
9,203
Creditors: amounts falling due within one year
6
32,891
32,891
---------
---------
Net Current Liabilities
22,844
23,688
---------
---------
Total Assets Less Current Liabilities
( 1,244)
1,512
-------
-------
J S Blyth & Sons Limited
Statement of Financial Position (continued)
30 September 2024
2024
2023
Note
£
£
£
Capital and Reserves
Called up share capital
8,000
8,000
Profit and loss account
( 9,244)
( 6,488)
-------
-------
Shareholders (Deficit)/Funds
( 1,244)
1,512
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30th September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 8 April 2025 , and are signed on behalf of the board by:
J H Blyth
Director
Company registration number: 4693107
J S Blyth & Sons Limited
Notes to the Financial Statements
Year Ended 30th September 2024
1. General Information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Fen Cottage, Wick Lane, Ardleigh, Colchester, Essex, CO7 7RE.
2. Statement of Compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis.
Revenue Recognition
The turnover shown in the profit and loss account represents the Single Farm Payment Scheme and rents receivable.
Tangible Assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
10% straight line
Impairment of Fixed Assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Tangible Assets
Plant and machinery
Total
£
£
Cost
At 1st October 2023 and 30th September 2024
36,000
36,000
---------
---------
Depreciation
At 1st October 2023
10,800
10,800
Charge for the year
3,600
3,600
---------
---------
At 30th September 2024
14,400
14,400
---------
---------
Carrying amount
At 30th September 2024
21,600
21,600
---------
---------
At 30th September 2023
25,200
25,200
---------
---------
5. Debtors
2024
2023
£
£
Trade debtors
1,880
270
Other debtors
8,000
8,872
-------
-------
9,880
9,142
-------
-------
6. Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
32,891
32,891
---------
---------