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REGISTERED NUMBER: 00384780 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Harold B Paynter Limited

Harold B Paynter Limited (Registered number: 00384780)






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


Harold B Paynter Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr C B Paynter
Mr S J Paynter





SECRETARY: Mr C B Paynter





REGISTERED OFFICE: Rifle Range Farm
Yielden
Bedfordshire
MK44 1AW





REGISTERED NUMBER: 00384780 (England and Wales)





ACCOUNTANTS: Clifford Roberts
Chartered Accountants
63 Broad Green
Wellingborough
Northamptonshire
NN8 4LQ

Harold B Paynter Limited (Registered number: 00384780)

Balance Sheet
30 September 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Tangible assets 4 98,056 78,675

CURRENT ASSETS
Stocks 50,627 73,828
Debtors 5 66,486 26,277
Cash at bank and in hand 67,890 109,877
185,003 209,982
CREDITORS
Amounts falling due within one year 6 124,322 145,531
NET CURRENT ASSETS 60,681 64,451
TOTAL ASSETS LESS CURRENT
LIABILITIES

158,737

143,126

CREDITORS
Amounts falling due after more than one
year

7

(8,574

)

(10,041

)

PROVISIONS FOR LIABILITIES (23,151 ) (18,218 )
NET ASSETS 127,012 114,867

CAPITAL AND RESERVES
Called up share capital 8 10,000 10,000
Retained earnings 117,012 104,867
SHAREHOLDERS' FUNDS 127,012 114,867

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.

Harold B Paynter Limited (Registered number: 00384780)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2025 and were signed on its behalf by:





Mr C B Paynter - Director


Harold B Paynter Limited (Registered number: 00384780)

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

1. STATUTORY INFORMATION

Harold B Paynter 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.

Revenue
Turnover represents net invoices sale of goods and services, excluding value added tax.

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 etc - 25% on reducing balance and 20% on reducing balance

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 Statement of Income and Retained Earnings, 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.

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 3 (2023 - 3 ) .

Harold B Paynter Limited (Registered number: 00384780)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 October 2023 450,635
Additions 44,000
At 30 September 2024 494,635
DEPRECIATION
At 1 October 2023 371,960
Charge for year 24,619
At 30 September 2024 396,579
NET BOOK VALUE
At 30 September 2024 98,056
At 30 September 2023 78,675

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 66,486 15,502
Other debtors - 10,775
66,486 26,277

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 10,316 19,005
Trade creditors 39,978 48,133
Taxation and social security 1,151 2,999
Other creditors 72,877 75,394
124,322 145,531

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 8,574 10,041

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
20,000 Ordinary 50p 50p 10,000 10,000