| Registered number |
| Registered number: | |||||||
| Balance Sheet | |||||||
| as at |
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| Notes | 2024 | 2023 | |||||
| £ | £ | ||||||
| Fixed assets | |||||||
| Tangible assets | 3 | ||||||
| Current assets | |||||||
| Stocks | |||||||
| Debtors | 4 | ||||||
| Cash at bank and in hand | |||||||
| Creditors: amounts falling due within one year | 5 | ( |
( |
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| Net current liabilities | ( |
( |
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| Total assets less current liabilities | |||||||
| Creditors: amounts falling due after more than one year | 6 | ( |
( |
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| Provisions for liabilities | ( |
( |
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| Net assets | |||||||
| Capital and reserves | |||||||
| Called up share capital | |||||||
| Revaluation reserve | 8 | ||||||
| Profit and loss account | |||||||
| Shareholders' funds | |||||||
| J C Howarth | |||||||
| Director | |||||||
| Approved by the board on |
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| Notes to the Accounts | ||||||||
| for the year ended |
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| 1 | Accounting policies | |||||||
| Basis of preparation | ||||||||
| Turnover | ||||||||
| Tangible fixed assets | ||||||||
| Solar panels | 5% straight line | |||||||
| Fixtures, fittings and equipment | 10% on reducing balance | |||||||
| Motor vehicles | 25% on reducing balance | |||||||
| Investment Properties | ||||||||
| Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss. | ||||||||
| Stocks | ||||||||
| Debtors and creditors receivable/payable within one year | ||||||||
| Taxation | ||||||||
Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with exceptions. 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 expense in tax assessments in periods different from those in which they are recognised in the financial statements. |
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| Leasing | ||||||||
| Employee benefits | ||||||||
The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable. |
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| 2 | Employees | 2024 | 2023 | |||||
| Number | Number | |||||||
| Average number of persons employed by the company | ||||||||
| 3 | Tangible fixed assets | |||||||
| Investment Properties | Plant and machinery etc | Motor vehicles | Total | |||||
| £ | £ | £ | £ | |||||
| Cost | ||||||||
| At 1 October 2023 | ||||||||
| Additions | - | - | ||||||
| Surplus on revaluation | - | - | ||||||
| Disposals | - | ( |
- | ( |
||||
| At 30 September 2024 | ||||||||
| Depreciation | ||||||||
| At 1 October 2023 | - | |||||||
| Charge for the year | - | |||||||
| On disposals | - | ( |
- | ( |
||||
| At 30 September 2024 | - | |||||||
| Net book value | ||||||||
| At 30 September 2024 | ||||||||
| At 30 September 2023 | ||||||||
| The investment properties were valued by the director of the company. The historic cost of the properties is £253,463 (2023 - £253,463). | ||||||||
| 4 | Debtors | 2024 | 2023 | |||||
| £ | £ | |||||||
| Trade debtors | ||||||||
| Participator's loan | - | 23,879 | ||||||
| Other debtors | ||||||||
| 5 | Creditors: amounts falling due within one year | 2024 | 2023 | |||||
| £ | £ | |||||||
| Obligations under finance lease and hire purchase contracts | ||||||||
| Trade creditors | ||||||||
| Taxation and social security costs | ||||||||
| Director's loan account | 23,540 | 35,087 | ||||||
| Participators' loan accounts | 10,584 | 3,500 | ||||||
| Other creditors | ||||||||
| 6 | Creditors: amounts falling due after one year | 2024 | 2023 | |||||
| £ | £ | |||||||
| Obligations under finance lease and hire purchase contracts | ||||||||
| 7 | Loans | 2024 | 2023 | |||||
| £ | £ | |||||||
| Creditors include: | ||||||||
| Secured Obligations under finance lease and hire purchase contracts | 40,683 | 70,881 | ||||||
| 8 | Revaluation reserve | 2024 | 2023 | |||||
| £ | £ | |||||||
| At 1 October 2023 | ||||||||
| Gain on revaluation of land and buildings | - | |||||||
| Deferred taxation arising on the revaluation of land and buildings | ( |
- | ||||||
| At 30 September 2024 | ||||||||
| 9 | Other financial commitments | 2024 | 2023 | |||||
| £ | £ | |||||||
| Total future minimum payments under non-cancellable operating leases | - | |||||||
| 10 | Related party transactions | |||||||
Advances during the year £6,903 (2023 - £35,704) Repayment of advances during the year £29,972 (2023 - £11,825) The loan is unsecured, interest free and repayable on demand. |
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| 11 | Other information | |||||||
| J & C HOWARTH (WHOLESALE) LIMITED is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
| Claylands Avenue | ||||||||
| Dukeries Industrial Estate | ||||||||
| Worksop | ||||||||
| Nottinghamshire | ||||||||
| S81 7DL | ||||||||