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REGISTERED NUMBER: 01273643 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

WILLIAM MOORE & SON (PRESTON) LIMITED

WILLIAM MOORE & SON (PRESTON) LIMITED (REGISTERED NUMBER: 01273643)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


WILLIAM MOORE & SON (PRESTON) LIMITED

COMPANY INFORMATION
for the Year Ended 30 September 2024







DIRECTORS: Mrs K Moore
R Moore
M Moore
G Moore





REGISTERED OFFICE: 1-3 Ribbleton Trading Estate
Crook Street
Preston
Lancashire
PR1 5LS





REGISTERED NUMBER: 01273643 (England and Wales)





ACCOUNTANTS: Studholme-Bell Limited
Chartered Accountants
& Business Advisors
Vantage House
3 East Terrace Business Park
Euxton Lane, Euxton
Chorley
Lancashire
PR7 6TB

WILLIAM MOORE & SON (PRESTON) LIMITED (REGISTERED NUMBER: 01273643)

ABRIDGED BALANCE SHEET
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 735,925 524,088
735,925 524,088

CURRENT ASSETS
Stocks 1,926,931 2,072,564
Debtors 688,706 317,451
Cash at bank 255,929 288,009
2,871,566 2,678,024
CREDITORS
Amounts falling due within one year 2,088,652 1,382,781
NET CURRENT ASSETS 782,914 1,295,243
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,518,839

1,819,331

CREDITORS
Amounts falling due after more than one
year

(384,829

)

(465,985

)

PROVISIONS FOR LIABILITIES (18,524 ) (30,276 )
NET ASSETS 1,115,486 1,323,070

CAPITAL AND RESERVES
Called up share capital 29,972 29,972
Share premium 6,000 6,000
Retained earnings 1,079,514 1,287,098
1,115,486 1,323,070

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.

WILLIAM MOORE & SON (PRESTON) LIMITED (REGISTERED NUMBER: 01273643)

ABRIDGED 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by:




G Moore - Director



M Moore - Director


WILLIAM MOORE & SON (PRESTON) LIMITED (REGISTERED NUMBER: 01273643)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024


1. STATUTORY INFORMATION

William Moore & Son (Preston) 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. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with FRS102 Section 1A for small entities. There were no material departures from that standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The principle accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year and have also been consistently applied within the same accounts.

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Turnover
Revenue is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

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.

Computer software is being amortised evenly over its estimated useful life of five years.

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 - 20% on cost and 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks have been valued at the lower of cost and estimated selling price, less costs to sell. In respect of work in progress and finished goods, cost included a relevant proportion of overheads according to the stage of manufacture/completion.

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.


WILLIAM MOORE & SON (PRESTON) LIMITED (REGISTERED NUMBER: 01273643)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024


3. ACCOUNTING POLICIES - continued
Deferred taxation
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

Hire purchase and leasing commitments
Property, plant and equipment acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other intangible assets. The related obligations, net of future finance charges, are included in creditors.

Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 21 ) .

5. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023
and 30 September 2024 6,455
AMORTISATION
At 1 October 2023
and 30 September 2024 6,455
NET BOOK VALUE

At 30 September 2024 -
At 30 September 2023 -

WILLIAM MOORE & SON (PRESTON) LIMITED (REGISTERED NUMBER: 01273643)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024


6. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023 983,653
Additions 303,076
At 30 September 2024 1,286,729
DEPRECIATION
At 1 October 2023 459,565
Charge for year 91,239
At 30 September 2024 550,804
NET BOOK VALUE
At 30 September 2024 735,925
At 30 September 2023 524,088

7. LOANS

An analysis of the maturity of loans is given below:

30.9.24 30.9.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,000 10,000
Preference shares 23,976 23,976
33,976 33,976

Amounts falling due between one and two years:
Bank loans - 1-2 years 7,500 17,500

8. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Bank loans 17,500 27,500

Hire purchase and lease obligations due within one year are secured on the assets to which they relate.

Included within creditors due within one year are £23,976 (2023: £23,976) 7% preference shares of £1 each.

Preference shares are entitled to a fixed non cumulative preferential dividend of 7% per annum and to repayment of capital in priority to ordinary shares on winding up. They do not carry voting rights.