Andrew Bros Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04992066 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

ANDREW BROS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W F Andrew

R R Andrew

C W Andrew

REGISTERED OFFICE:

Uplands

Gweal An Top

Redruth

Cornwall

TR15 2DS

REGISTERED NUMBER:

04992066 (England and Wales)

ACCOUNTANTS:

Mitchell Glanville (Bristol) Limited

c/o MGB Accountants - Suite 22

Trym Lodge, 1 Henbury Road

Westbury-on-Trym

Bristol

BS9 3HQ

FIXED ASSETS

Tangible assets

4

258,189

282,574

CURRENT ASSETS

Stocks

-

224,025

Debtors

5

-

18,439

Cash at bank

81,619

-

81,619

242,464

CREDITORS

Amounts falling due within one year

6

202,444

383,365

NET CURRENT LIABILITIES

(120,825

)

(140,901

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

137,364

141,673

CREDITORS

Amounts falling due after more than one year

7

(41,555

)

(54,920

)

PROVISIONS FOR LIABILITIES

(31,229

)

(31,229

)

NET ASSETS

64,580

55,524

CAPITAL AND RESERVES

Called up share capital

8

300

Retained earnings

64,280

55,224

SHAREHOLDERS' FUNDS

64,580

55,524

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.

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 Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

W F Andrew - Director

1.	STATUTORY INFORMATION

Andrew Bros 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.

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2024

118,210

352,552

470,762

Additions

-

35,999

Disposals

-

(27,995

)

(27,995

)

At 31 December 2024

118,210

360,556

478,766

DEPRECIATION

At 1 January 2024

-

188,188

Charge for year

-

39,388

Eliminated on disposal

-

(6,999

)

(6,999

)

At 31 December 2024

-

220,577

NET BOOK VALUE

At 31 December 2024

118,210

139,979

258,189

At 31 December 2023

118,210

164,364

282,574

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

-

18,439

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Bank loans and overdrafts

10,000

23,889

Hire purchase contracts

18,664

22,048

Trade creditors

24,025

16,776

Amounts owed to group undertakings

68,906

-

Taxation and social security

19,260

32,930

Other creditors

61,589

287,722

202,444

383,365

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

Bank loans

4,420

14,167

Hire purchase contracts

37,135

40,445

Other creditors

-

308

41,555

54,920

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

300

Ordinary

£1

300

9.	ULTIMATE CONTROLLING PARTY

The company is under the control of its directors.