Robert Birkbeck & Son Limited 01185038 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is that of timber merchants and general timber dealers. Digita Accounts Production Advanced 6.30.9574.0 true false true 01185038 2023-10-01 2024-09-30 01185038 2024-09-30 01185038 core:RetainedEarningsAccumulatedLosses 2024-09-30 01185038 core:ShareCapital 2024-09-30 01185038 core:CurrentFinancialInstruments 2024-09-30 01185038 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 01185038 core:LandBuildings core:OwnedOrFreeholdAssets 2024-09-30 01185038 core:MotorVehicles 2024-09-30 01185038 core:PlantMachinery 2024-09-30 01185038 bus:SmallEntities 2023-10-01 2024-09-30 01185038 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 01185038 bus:FilletedAccounts 2023-10-01 2024-09-30 01185038 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 01185038 bus:Director2 2023-10-01 2024-09-30 01185038 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 01185038 core:LandBuildings 2023-10-01 2024-09-30 01185038 core:LandBuildings core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 01185038 core:MotorVehicles 2023-10-01 2024-09-30 01185038 core:PlantMachinery 2023-10-01 2024-09-30 01185038 countries:AllCountries 2023-10-01 2024-09-30 01185038 2023-09-30 01185038 core:LandBuildings core:OwnedOrFreeholdAssets 2023-09-30 01185038 core:MotorVehicles 2023-09-30 01185038 core:PlantMachinery 2023-09-30 01185038 2022-10-01 2023-09-30 01185038 2023-09-30 01185038 core:RetainedEarningsAccumulatedLosses 2023-09-30 01185038 core:ShareCapital 2023-09-30 01185038 core:CurrentFinancialInstruments 2023-09-30 01185038 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 01185038 core:LandBuildings core:OwnedOrFreeholdAssets 2023-09-30 01185038 core:MotorVehicles 2023-09-30 01185038 core:PlantMachinery 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 01185038

Robert Birkbeck & Son Limited

Unaudited Financial Statements

for the Year Ended 30 September 2024

 

Robert Birkbeck & Son Limited

(Registration number: 01185038)

Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

25,023

35,001

Investments

4

4,600

4,600

 

29,623

39,601

Current assets

 

Stocks

253,746

206,978

Debtors

5

501,362

391,562

Cash at bank and in hand

 

183,703

159,410

 

938,811

757,950

Creditors: Amounts falling due within one year

6

(489,389)

(400,042)

Net current assets

 

449,422

357,908

Total assets less current liabilities

 

479,045

397,509

Provisions for liabilities

(2,100)

-

Net assets

 

476,945

397,509

Capital and reserves

 

Called up share capital

10,000

10,000

Retained earnings

466,945

387,509

Shareholders' funds

 

476,945

397,509

 

Robert Birkbeck & Son Limited

(Registration number: 01185038)

Balance Sheet as at 30 September 2024 (continued)

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 25 April 2025 and signed on its behalf by:
 

.........................................

R Birkbeck (Junior)

Director

 

Robert Birkbeck & Son Limited

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

1

Accounting policies

Statutory information

Robert Birkbeck & Son Limited is a private company, limited by shares, domiciled in England and Wales, company number 01185038. The registered office is at Thurcroft Industrial Estate, New Orchard Road, Thurcroft, Rotherham, S66 9HY.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The functional currency of the company is United Kingdon pounds sterling.

These financial statements are in respect of the company as an individual entity.

Going concern

After due consideration of all relevant factors, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax and discounts. Revenue is recognised at the point of sale or on the provision of services.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Robert Birkbeck & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024 (continued)

1

Accounting policies (continued)

Deferred tax shall be recognised in respect of all timing differences at the reporting date, except as otherwise required by FRS102. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that 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 income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Unrelieved tax losses and other deferred tax assets shall be 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold buildings

4% straight line

Plant, machinery & office equipment

20% & 33% straight line

Motor vehicles

25% straight line

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Stocks

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Robert Birkbeck & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024 (continued)

1

Accounting policies (continued)

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of comprehensive income.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 12 (2023 - 13).

3

Tangible assets

Freehold land and buildings
£

Plant, machinery & office equipment
£

Motor vehicles
 £

Total
£

Cost

At 1 October 2023

83,698

92,559

31,167

207,424

At 30 September 2024

83,698

92,559

31,167

207,424

Depreciation

At 1 October 2023

66,195

87,599

18,629

172,423

Charge for the year

1,006

2,767

6,205

9,978

At 30 September 2024

67,201

90,366

24,834

182,401

Carrying amount

At 30 September 2024

16,497

2,193

6,333

25,023

At 30 September 2023

17,503

4,960

12,538

35,001

4

Investments

2024
£

2023
£

Investments in subsidiaries

4,600

4,600

 

Robert Birkbeck & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024 (continued)

5

Debtors

2024
£

2023
£

Trade debtors

409,372

351,626

Amounts owed by group undertakings

73,221

23,222

Prepayments

18,769

16,714

 

501,362

391,562

6

Creditors

2024
£

2023
£

Due within one year

Trade creditors

360,838

281,068

Amounts owed to group undertakings

18,530

18,530

Taxation and social security

42,175

30,140

Other creditors

-

492

Directors' current accounts

59,146

64,012

Accruals and deferred income

8,700

5,800

489,389

400,042