Alan Coates & Son Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08443972 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Alan Coates & Son Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Coates

REGISTERED OFFICE:

Suites 5 & 6 The Printworks

Hey Road

Barrow

Clitheroe

Lancashire

BB7 9WB

REGISTERED NUMBER:

08443972 (England and Wales)

ACCOUNTANTS:

Bennett Kirkhope Smith

Chartered Certified Accountants

Suites 5 & 6 The Printworks

Hey Road

Barrow

Clitheroe

Lancashire

BB7 9WB

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

1,093,370

1,208,703

Investments

6

2,500

1,095,870

1,211,203

CURRENT ASSETS

Stocks

317,422

469,578

Debtors

7

49,876

38,664

Cash at bank

228,106

92,071

595,404

600,313

CREDITORS

Amounts falling due within one
year

8

3,676,802

3,603,011

NET CURRENT LIABILITIES

(3,081,398

)

(3,002,698

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,985,528

)

(1,791,495

)

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

(1,985,628

)

(1,791,595

)

SHAREHOLDERS' FUNDS

(1,985,528

)

(1,791,495

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 September 2025 and were signed by:

P Coates - Director

1.	STATUTORY INFORMATION

Alan Coates & Son 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.

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.

BPS entitlements are being amortised evenly over their 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.

Tenant's improvement

-

4% on cost

Integral features

-

10% on reducing balance

Plant and machinery

-

15% on reducing balance

Computer equipment

-

33% on cost

Motor vehicles

-

25% on reducing balance

Tractors

-

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 Statement of Income and Retained Earnings, 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.

Going concern

The company is dependant on the continuing financial support of Mr A Coates and Mr P Coates, the company directors. The directors have confirmed that they will continue to support the company for the foreseeable future, being a minimum period of twelve months. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would be necessary in the event of the withdrawal of this financial support.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

BPS

entitlements

£

COST

At 1 April 2024

and 31 March 2025

931

AMORTISATION

At 1 April 2024

and 31 March 2025

931

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Tenant's

Integral

Plant and

improvement

features

machinery

£

COST

At 1 April 2024

489,732

8,788

1,156,584

Additions

-

17,020

Disposals

-

At 31 March 2025

489,732

8,788

1,173,604

DEPRECIATION

At 1 April 2024

159,173

4,986

670,039

Charge for year

19,589

380

74,561

Eliminated on disposal

-

At 31 March 2025

178,762

5,366

744,600

NET BOOK VALUE

At 31 March 2025

310,970

3,422

429,004

At 31 March 2024

330,559

3,802

486,545

Computer

Motor

equipment

vehicles

Tractors

Totals

£

COST

At 1 April 2024

937

80,850

517,588

2,254,479

Additions

-

13,000

30,020

Disposals

-

(8,700

)

(8,700

)

At 31 March 2025

937

80,850

521,888

2,275,799

DEPRECIATION

At 1 April 2024

937

20,213

190,428

1,045,776

Charge for year

-

15,160

32,630

142,320

Eliminated on disposal

-

(5,667

)

(5,667

)

At 31 March 2025

937

35,373

217,391

1,182,429

NET BOOK VALUE

At 31 March 2025

-

45,477

304,497

1,093,370

At 31 March 2024

-

60,637

327,160

1,208,703

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

2,500

NET BOOK VALUE

At 31 March 2025

2,500

At 31 March 2024

2,500

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

49,876

38,664

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Preference shares

3,540,000

Trade creditors

7,423

14,869

VAT

11,458

13,467

Directors' current accounts

112,611

29,615

Accrued expenses

5,310

5,060

3,676,802

3,603,011

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

100

Ordinary

£1

100