Company Registration No. 01701276 (England and Wales)
Alton Bolt & Tool Co. Limited
Unaudited accounts
for the period from 1 June 2023 to 29 May 2024
Alton Bolt & Tool Co. Limited
Unaudited accounts
Contents
Alton Bolt & Tool Co. Limited
Company Information
for the period from 1 June 2023 to 29 May 2024
Directors
D A Smith
P D Smith
Company Number
01701276 (England and Wales)
Registered Office
6 Omni Business Centre
Omega Park
Alton
GU34 2QD
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
Alton Bolt & Tool Co. Limited
Accountants' report
Accountants' report to the board of directors of Alton Bolt & Tool Co. Limited on the preparation of the unaudited statutory accounts for the period from 1 June 2023 to 29 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Alton Bolt & Tool Co. Limited for the period from
1 June 2023 to
29 May 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Alton Bolt & Tool Co. Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Alton Bolt & Tool Co. Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alton Bolt & Tool Co. Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Alton Bolt & Tool Co. Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Alton Bolt & Tool Co. Limited. You consider that Alton Bolt & Tool Co. Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Alton Bolt & Tool Co. Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
28 March 2025
Alton Bolt & Tool Co. Limited
Statement of financial position
as at 29 May 2024
Tangible assets
78,668
89,497
Cash at bank and in hand
(12,582)
13,266
Creditors: amounts falling due within one year
(122,654)
(151,880)
Net current liabilities
(24,894)
(33,271)
Called up share capital
25
25
Capital redemption reserve
76
76
Profit and loss account
53,673
56,125
Shareholders' funds
53,774
56,226
For the period ending 29 May 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 28 March 2025 and were signed on its behalf by
D A Smith
Director
Company Registration No. 01701276
Alton Bolt & Tool Co. Limited
Notes to the Accounts
for the period from 1 June 2023 to 29 May 2024
Alton Bolt & Tool Co. Limited is a private company, limited by shares, registered in England and Wales, registration number 01701276. The registered office is 6 Omni Business Centre, Omega Park, Alton, GU34 2QD.
2
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 period, 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:
Motor vehicles
25% Reducing balance method
Fixtures & fittings
25% Reducing balance method
Computer equipment
25% Reducing balance method
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2023
46,181
81,189
11,315
13,230
151,915
At 29 May 2024
46,181
81,189
11,315
13,230
151,915
At 1 June 2023
-
37,873
11,315
13,230
62,418
Charge for the period
-
10,829
-
-
10,829
At 29 May 2024
-
48,702
11,315
13,230
73,247
At 29 May 2024
46,181
32,487
-
-
78,668
At 31 May 2023
46,181
43,316
-
-
89,497
Alton Bolt & Tool Co. Limited
Notes to the Accounts
for the period from 1 June 2023 to 29 May 2024
Amounts falling due within one year
Trade debtors
35,710
30,975
Amounts due from group undertakings etc.
13,921
13,921
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
11,575
31,779
Obligations under finance leases and hire purchase contracts
48,874
48,874
Trade creditors
24,256
37,698
Amounts owed to group undertakings and other participating interests
24,489
24,489
Taxes and social security
4,734
297
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Direcctor Loan Account
-
(4,053)
(4,318)
265
8
Average number of employees
During the period the average number of employees was 0 (2023: 0).