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REGISTERED NUMBER: 00580360 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2025

for

H M Sowerbutts & Co Limited

H M Sowerbutts & Co Limited (Registered number: 00580360)






Contents of the Financial Statements
for the Year Ended 30 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H M Sowerbutts & Co Limited

Company Information
for the Year Ended 30 April 2025







DIRECTORS: I S Sowerbutts
Mrs E Sowerbutts





SECRETARY: I S Sowerbutts





REGISTERED OFFICE: 10 King Street
Clitheroe
Lancashire
BB7 2EP





REGISTERED NUMBER: 00580360 (England and Wales)





ACCOUNTANTS: TT Business Services Ltd
Chartered Accountants
3 Burwell Close
Rochdale
Lancashire
OL12 6DQ

H M Sowerbutts & Co Limited (Registered number: 00580360)

Balance Sheet
30 April 2025

30.4.25 30.4.24
Notes £    £   
FIXED ASSETS
Tangible assets 4 354 47,443
Investments 5 - -
354 47,443

CURRENT ASSETS
Stocks - 121,417
Debtors 6 2,235 -
Cash at bank and in hand 60,840 49,062
63,075 170,479
CREDITORS
Amounts falling due within one year 7 (39,698 ) (179,196 )
NET CURRENT ASSETS/(LIABILITIES) 23,377 (8,717 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,731

38,726

PROVISIONS FOR LIABILITIES - (1,690 )
NET ASSETS 23,731 37,036

CAPITAL AND RESERVES
Called up share capital 600 600
Capital redemption reserve 8 2,400 2,400
Retained earnings 8 20,731 34,036
23,731 37,036

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

H M Sowerbutts & Co Limited (Registered number: 00580360)

Balance Sheet - continued
30 April 2025


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 15 August 2025 and were signed on its behalf by:





I S Sowerbutts - Director


H M Sowerbutts & Co Limited (Registered number: 00580360)

Notes to the Financial Statements
for the Year Ended 30 April 2025

1. STATUTORY INFORMATION

H M Sowerbutts & Co 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 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.
Land and buildings - 2% on cost
Plant and machinery etc - 20% on reducing balance and 10% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 5 ) .

H M Sowerbutts & Co Limited (Registered number: 00580360)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2024 71,363 104,808 176,171
Additions - 441 441
Disposals (71,363 ) (104,807 ) (176,170 )
At 30 April 2025 - 442 442
DEPRECIATION
At 1 May 2024 47,043 81,685 128,728
Charge for year - 88 88
Eliminated on disposal (47,043 ) (81,685 ) (128,728 )
At 30 April 2025 - 88 88
NET BOOK VALUE
At 30 April 2025 - 354 354
At 30 April 2024 24,320 23,123 47,443

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2024 15,150
Disposals (15,150 )
At 30 April 2025 -
PROVISIONS
At 1 May 2024 15,150

Eliminated on disposal (15,150 )
At 30 April 2025 -
NET BOOK VALUE
At 30 April 2025 -
At 30 April 2024 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Other debtors 2,235 -

H M Sowerbutts & Co Limited (Registered number: 00580360)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Bank loans and overdrafts - 220
Trade creditors 7,740 2,843
Taxation and social security 4,395 36,552
Other creditors 27,563 139,581
39,698 179,196

8. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 May 2024 34,036 2,400 36,436
Profit for the year 128,345 128,345
Dividends (141,650 ) (141,650 )
At 30 April 2025 20,731 2,400 23,131