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REGISTERED NUMBER: 07309968 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2024

FOR

C M ALLOTT & SON LIMITED

C M ALLOTT & SON LIMITED (REGISTERED NUMBER: 07309968)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


C M ALLOTT & SON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2024







DIRECTORS: C S Allott
C Allott





REGISTERED OFFICE: 2 Graingers Yard
Southgate
Hornsea
East Yorkshire
HU18 1AH





REGISTERED NUMBER: 07309968 (England and Wales)





ACCOUNTANTS: Cheetham Allen
Chartered Accountants
17 Wright Street
Hull
East Yorkshire
HU2 8HU

C M ALLOTT & SON LIMITED (REGISTERED NUMBER: 07309968)

BALANCE SHEET
31ST JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 165,283 179,159
165,283 179,159

CURRENT ASSETS
Debtors 6 20,848 40,514
Cash at bank and in hand 727,277 689,695
748,125 730,209
CREDITORS
Amounts falling due within one year 7 114,574 118,105
NET CURRENT ASSETS 633,551 612,104
TOTAL ASSETS LESS CURRENT
LIABILITIES

798,834

791,263

CREDITORS
Amounts falling due after more than one
year

8

-

(13,133

)

PROVISIONS FOR LIABILITIES 10 (21,331 ) (23,524 )
NET ASSETS 777,503 754,606

CAPITAL AND RESERVES
Called up share capital 11 1,000 1,000
Retained earnings 776,503 753,606
SHAREHOLDERS' FUNDS 777,503 754,606

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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.

C M ALLOTT & SON LIMITED (REGISTERED NUMBER: 07309968)

BALANCE SHEET - continued
31ST JULY 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 25th April 2025 and were signed on its behalf by:





C S Allott - Director


C M ALLOTT & SON LIMITED (REGISTERED NUMBER: 07309968)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024

1. STATUTORY INFORMATION

C M Allott & Son 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 represents the amount receivable for goods and services provided.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 10% on reducing balance

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.

C M ALLOTT & SON LIMITED (REGISTERED NUMBER: 07309968)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024

2. ACCOUNTING POLICIES - continued

HIRE PURCHASE AND LEASING COMMITMENTS
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st August 2023
and 31st July 2024 250,000
AMORTISATION
At 1st August 2023
and 31st July 2024 250,000
NET BOOK VALUE
At 31st July 2024 -
At 31st July 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1st August 2023 6,057 26,848 216,953 249,858
Additions 4,490 - - 4,490
At 31st July 2024 10,547 26,848 216,953 254,348
DEPRECIATION
At 1st August 2023 2,056 19,592 49,051 70,699
Charge for year 849 726 16,791 18,366
At 31st July 2024 2,905 20,318 65,842 89,065
NET BOOK VALUE
At 31st July 2024 7,642 6,530 151,111 165,283
At 31st July 2023 4,001 7,256 167,902 179,159

The net book value of tangible fixed assets includes £ 82,602 (2023 - £ 91,780 ) in respect of assets held under hire purchase contracts.

C M ALLOTT & SON LIMITED (REGISTERED NUMBER: 07309968)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 20,100 39,742
Other debtors 748 772
20,848 40,514

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 13,133 13,333
Trade creditors 26,645 20,415
Taxation and social security 42,993 62,765
Other creditors 31,803 21,592
114,574 118,105

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 13,133

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 13,133 26,466

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 21,331 23,524

Deferred
tax
£   
Balance at 1st August 2023 23,524
Accelerated capital allowances (2,193 )
Balance at 31st July 2024 21,331

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000