IRIS Accounts Production v25.2.0.378 04495824 Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 false true false false false true false 7920 52522 1750 12249 34707 72691 40877 7920 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04495824 2023-12-31 04495824 2024-12-31 04495824 2024-01-01 2024-12-31 04495824 2022-12-31 04495824 2023-01-01 2023-12-31 04495824 2023-12-31 04495824 ns14:PoundSterling 2024-01-01 2024-12-31 04495824 ns10:Director1 2024-01-01 2024-12-31 04495824 ns10:Director2 2024-01-01 2024-12-31 04495824 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04495824 ns10:SmallEntities 2024-01-01 2024-12-31 04495824 ns10:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 04495824 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 04495824 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04495824 ns10:FullAccounts 2024-01-01 2024-12-31 04495824 1 2024-01-01 2024-12-31 04495824 ns10:Director2 42 2023-12-31 04495824 ns10:Director2 42 2022-12-31 04495824 ns10:Director2 42 2024-01-01 2024-12-31 04495824 ns10:Director2 42 2023-01-01 2023-12-31 04495824 ns10:Director2 42 2024-12-31 04495824 ns10:Director2 42 2023-12-31 04495824 ns10:RegisteredOffice 2024-01-01 2024-12-31 04495824 ns5:CurrentFinancialInstruments 2024-12-31 04495824 ns5:CurrentFinancialInstruments 2023-12-31 04495824 ns5:Non-currentFinancialInstruments 2024-12-31 04495824 ns5:Non-currentFinancialInstruments 2023-12-31 04495824 ns5:ShareCapital 2024-12-31 04495824 ns5:ShareCapital 2023-12-31 04495824 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 04495824 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 04495824 ns5:NetGoodwill 2024-01-01 2024-12-31 04495824 ns5:IntangibleAssetsOtherThanGoodwill 2024-01-01 2024-12-31 04495824 ns5:LandBuildings 2024-01-01 2024-12-31 04495824 ns5:PlantMachinery 2024-01-01 2024-12-31 04495824 ns5:NetGoodwill 2023-12-31 04495824 ns5:NetGoodwill 2024-12-31 04495824 ns5:NetGoodwill 2023-12-31 04495824 ns5:LandBuildings 2023-12-31 04495824 ns5:PlantMachinery 2023-12-31 04495824 ns5:LandBuildings 2024-12-31 04495824 ns5:PlantMachinery 2024-12-31 04495824 ns5:LandBuildings 2023-12-31 04495824 ns5:PlantMachinery 2023-12-31 04495824 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2023-12-31 04495824 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 04495824 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2024-12-31 04495824 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2023-12-31 04495824 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 04495824 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31 04495824 ns10:Director3 2024-01-01 2024-12-31 04495824 3 ns10:Director3 2023-12-31 04495824 3 ns10:Director3 2022-12-31 04495824 3 ns10:Director3 2024-01-01 2024-12-31 04495824 3 ns10:Director3 2023-01-01 2023-12-31 04495824 3 ns10:Director3 2024-12-31 04495824 3 ns10:Director3 2023-12-31 04495824 1 ns10:Director1 2023-12-31 04495824 1 ns10:Director1 2022-12-31 04495824 1 ns10:Director1 2024-01-01 2024-12-31 04495824 1 ns10:Director1 2023-01-01 2023-12-31 04495824 1 ns10:Director1 2024-12-31 04495824 1 ns10:Director1 2023-12-31

REGISTERED NUMBER: 04495824

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Sid Dennis And Sons Limited

Sid Dennis And Sons Limited (Registered number: 04495824)

Contents of the Financial Statements

for the Year Ended 31 December 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Chartered Accountants' Report | 9 |

Sid Dennis And Sons Limited

Company Information

for the Year Ended 31 December 2024

| DIRECTORS: | A F Dennis

| Mrs M Dennis

| REGISTERED OFFICE: | Endeavour House

| 7 Enterprise Way

| Pinchbeck

| Spalding

| Lincolnshire

| PE11 3YR

| REGISTERED NUMBER: | 04495824

| ACCOUNTANTS: | INSIGHT

| Acorn House

| Church Lane

| Croft

| Skegness

| Lincolnshire

| PE24 4RW

Sid Dennis And Sons Limited (Registered number: 04495824)

Balance Sheet

31 December 2024

| 31.12.24 | 31.12.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 2,302,247 |  | 2,352,170 |  |

2,302,247 |  | 2,352,170 |  |

CURRENT ASSETS

Stocks | 225,050 |  | 300,050 |  |

Debtors | 6 | 610,090 |  | 566,005 |  |

Cash at bank and in hand | 186,453 |  | 237,636 |  |

1,021,593 |  | 1,103,691 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,430,310 |  | 1,492,172 |  |

NET CURRENT LIABILITIES | (408,717 | ) | (388,481 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,893,530 |  | 1,963,689 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (479,263 | ) | (254,282 | ) |

PROVISIONS FOR LIABILITIES | (395,142 | ) | (394,566 | ) |

NET ASSETS | 1,019,125 |  | 1,314,841 |  |

CAPITAL AND RESERVES

Called up share capital | 300 |  | 300 |  |

Retained earnings | 1,018,825 |  | 1,314,541 |  |

1,019,125 |  | 1,314,841 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Sid Dennis And Sons Limited (Registered number: 04495824)

Balance Sheet - continued

31 December 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 9 June 2025 and were signed on its behalf by:

A F Dennis - Director

Mrs M Dennis - Director

Sid Dennis And Sons Limited (Registered number: 04495824)

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Sid Dennis And Sons Limited is a private company, limited by shares , registered in Not specified/Other. 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.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

| 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.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Land and buildings | - | 10% on cost

| Plant and machinery etc | - | 33% on cost, 20% on reducing balance, 15% on cost and 15% 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.

Sid Dennis And Sons Limited (Registered number: 04495824)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

2. | ACCOUNTING POLICIES - continued

| 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.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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 57 (2023 - 58 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 January 2024

| and 31 December 2024 | 260,000 |  |

| AMORTISATION

| At 1 January 2024

| and 31 December 2024 | 260,000 |  |

| NET BOOK VALUE

| At 31 December 2024 | - |  |

| At 31 December 2023 | - |  |

Sid Dennis And Sons Limited (Registered number: 04495824)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

5. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 January 2024 | 277,064 |  | 3,904,529 |  | 4,181,593 |  |

| Additions | - |  | 120,499 |  | 120,499 |  |

| Disposals | - |  | (7,000 | ) | (7,000 | ) |

| At 31 December 2024 | 277,064 |  | 4,018,028 |  | 4,295,092 |  |

| DEPRECIATION

| At 1 January 2024 | 229,064 |  | 1,600,359 |  | 1,829,423 |  |

| Charge for year | 12,000 |  | 155,922 |  | 167,922 |  |

| Eliminated on disposal | - |  | (4,500 | ) | (4,500 | ) |

| At 31 December 2024 | 241,064 |  | 1,751,781 |  | 1,992,845 |  |

| NET BOOK VALUE

| At 31 December 2024 | 36,000 |  | 2,266,247 |  | 2,302,247 |  |

| At 31 December 2023 | 48,000 |  | 2,304,170 |  | 2,352,170 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

| etc

£ |

| COST

| At 1 January 2024 | 642,300 |  |

| Additions | 33,695 |  |

| At 31 December 2024 | 675,995 |  |

| DEPRECIATION

| At 1 January 2024 | 404,300 |  |

| Charge for year | 80,000 |  |

| Eliminated on disposal | (4,500 | ) |

| At 31 December 2024 | 479,800 |  |

| NET BOOK VALUE

| At 31 December 2024 | 196,195 |  |

| At 31 December 2023 | 238,000 |  |

Sid Dennis And Sons Limited (Registered number: 04495824)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Trade debtors | 605,090 |  | 561,005 |  |

| Other debtors | 5,000 |  | 5,000 |  |

610,090 |  | 566,005 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans and overdrafts | 451,322 |  | 523,245 |  |

| Hire purchase contracts | 90,028 |  | 101,142 |  |

| Trade creditors | 491,249 |  | 593,125 |  |

| Amounts owed to group undertakings | 100,000 |  | 65,568 |  |

| Taxation and social security | 168,162 |  | 178,975 |  |

| Other creditors | 129,549 |  | 30,117 |  |

1,430,310 |  | 1,492,172 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans | 117,295 |  | 145,708 |  |

| Hire purchase contracts | 61,968 |  | 108,574 |  |

| Other creditors | 300,000 |  | - |  |

479,263 |  | 254,282 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | - |  | 23,708 |  |

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

| 31.12.24 |  | 31.12.23

£ | £ |

| S A Dennis and Mrs M Dennis

| Balance outstanding at start of year | (7,920 | ) | 52,522 |  |

| Amounts advanced | 1,750 |  | 12,249 |  |

| Amounts repaid | (34,707 | ) | (72,691 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (40,877 | ) | (7,920 | ) |

Sid Dennis And Sons Limited (Registered number: 04495824)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

| A F Dennis

| Balance outstanding at start of year | (13,196 | ) | (70,164 | ) |

| Amounts advanced | 2,954 |  | 72,059 |  |

| Amounts repaid | (34,707 | ) | (15,091 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (44,949 | ) | (13,196 | ) |

Chartered Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

Sid Dennis And Sons Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sid Dennis And Sons Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Sid Dennis And Sons Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sid Dennis And Sons Limited and state those matters that we have agreed to state to the Board of Directors of Sid Dennis And Sons Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sid Dennis And Sons Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Sid Dennis And Sons Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sid Dennis And Sons Limited. You consider that Sid Dennis And Sons Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Sid Dennis And Sons Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

INSIGHT

Acorn House

Church Lane

Croft

Skegness

Lincolnshire

PE24 4RW

9 June 2025