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REGISTERED NUMBER: 11571475 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Sussex Historic Firearms Ltd

Sussex Historic Firearms Ltd (Registered number: 11571475)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sussex Historic Firearms Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: C J Hartley
D Marshall





REGISTERED OFFICE: 178 Hawthorn Road
Bognor Regis
West Sussex
PO21 2UY





REGISTERED NUMBER: 11571475 (England and Wales)






Sussex Historic Firearms Ltd (Registered number: 11571475)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 673 897

CURRENT ASSETS
Stocks 5 4,160 6,281
Debtors 6 180 -
Cash at bank 1,165 169
5,505 6,450
CREDITORS
Amounts falling due within one year 7 14,992 13,816
NET CURRENT LIABILITIES (9,487 ) (7,366 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,814

)

(6,469

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (8,816 ) (6,471 )
SHAREHOLDERS' FUNDS (8,814 ) (6,469 )

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.

Sussex Historic Firearms Ltd (Registered number: 11571475)

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.

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 17 June 2025 and were signed on its behalf by:




C J Hartley - Director



D Marshall - Director


Sussex Historic Firearms Ltd (Registered number: 11571475)

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

1. STATUTORY INFORMATION

Sussex Historic Firearms Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 1,469 1,953 3,422
DEPRECIATION
At 1 October 2023 1,054 1,471 2,525
Charge for year 104 120 224
At 30 September 2024 1,158 1,591 2,749
NET BOOK VALUE
At 30 September 2024 311 362 673
At 30 September 2023 415 482 897

5. STOCKS
30.9.24 30.9.23
£    £   
Stocks 4,160 6,281

Sussex Historic Firearms Ltd (Registered number: 11571475)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 180 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors - 511
Other creditors 14,992 13,305
14,992 13,816

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the accounting year end date Mr C Hartley was owed £10,922 (2023: £9,913) for business expenses paid personally. The amount outstanding to Mr Hartley is regarded as an interest free loan with no set repayment date.

At the accounting year end Mr D Marshall was owed £3,548 (2023:£2,882) for business expenses paid personally. The amount outstanding to Mr Marshall is regarded as an interest free loan with no set repayment date.

9. ULTIMATE CONTROLLING PARTY

Ultimate control of the company is held jointly by Mr Hartley and Mr Marshall by virtue of their equal shareholdings.