1 November 2023 false No description of principal activity Taxfiler 2024.6 true 02241379business:PrivateLimitedCompanyLtd2023-11-012024-10-31 022413792023-10-31 022413792023-11-012024-10-31 02241379business:AuditExempt-NoAccountantsReport2023-11-012024-10-31 02241379business:FilletedAccounts2023-11-012024-10-31 022413792024-10-31 02241379business:Director12023-11-012024-10-31 02241379business:Director22023-11-012024-10-31 02241379business:RegisteredOffice2023-11-012024-10-31 022413792023-10-31 02241379core:WithinOneYear2024-10-31 02241379core:WithinOneYear2023-10-31 02241379core:AfterOneYear2024-10-31 02241379core:AfterOneYear2023-10-31 02241379core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 02241379core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 02241379core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 02241379core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 02241379core:PreviouslyStatedAmount2024-10-31 02241379core:PreviouslyStatedAmount2023-10-31 02241379business:SmallEntities2023-11-012024-10-31 02241379countries:EnglandWales2023-11-012024-10-31 02241379core:PlantMachinery2023-11-012024-10-31 02241379core:PlantMachinery2023-10-31 02241379core:PlantMachinery2024-10-31 02241379core:AfterOneYear2023-11-012024-10-31 022413792022-11-012023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 02241379 (England and Wales)
J Hesketh (Engineering) Limited Unaudited accounts for the year ended 31 October 2024
J Hesketh (Engineering) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
J Hesketh (Engineering) Limited Company Information for the year ended 31 October 2024
Directors
M Lloyd W Lloyd
Company Number
02241379 (England and Wales)
Registered Office
Wilcock Street Works Wilcock Street Wigan Lancashire WN3 4AR England
- 3 -
J Hesketh (Engineering) Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
69,096 
94,096 
Current assets
Inventories
332,656 
312,657 
Debtors
5
2,006,119 
1,674,682 
Cash at bank and in hand
18,684 
4,598 
2,357,459 
1,991,937 
Creditors: amounts falling due within one year
6
(1,729,603)
(1,438,039)
Net current assets
627,856 
553,898 
Total assets less current liabilities
696,952 
647,994 
Creditors: amounts falling due after more than one year
7
(391,164)
(423,729)
Provisions for liabilities
Deferred tax
(22,535)
(22,535)
Net assets
283,253 
201,730 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
283,153 
201,630 
Shareholders' funds
283,253 
201,730 
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 November 2025 and were signed on its behalf by
M Lloyd Director Company Registration No. 02241379
- 4 -
J Hesketh (Engineering) Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
J Hesketh (Engineering) Limited is a private company, limited by shares, registered in England and Wales, registration number 02241379. The registered office is Wilcock Street Works, Wilcock Street, Wigan, Lancashire, WN3 4AR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance and 20% reducing balance
Going concern
The company entered into a CVA on the 21 February 2023. The directors believe that this allows the company to continue as a going concern.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2023
392,630 
At 31 October 2024
392,630 
Depreciation
At 1 November 2023
298,534 
Charge for the year
25,000 
At 31 October 2024
323,534 
Net book value
At 31 October 2024
69,096 
At 31 October 2023
94,096 
- 5 -
J Hesketh (Engineering) Limited Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,315,162 
999,705 
Amounts due from group undertakings etc.
426,762 
426,762 
Other debtors
264,195 
248,215 
2,006,119 
1,674,682 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,455 
10,648 
Obligations under finance leases and hire purchase contracts
9,442 
18,625 
Trade creditors
854,214 
474,898 
Taxes and social security
622,049 
626,228 
Other creditors
240,443 
307,640 
1,729,603 
1,438,039 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
22,300 
28,703 
Obligations under finance leases and hire purchase contracts
24,864 
33,643 
Other creditors
344,000 
361,383 
391,164 
423,729 
The invoice discounting creditor is secured by an all asset debenture dated 30 November 2011. The other creditors are secured by a personal guarantee from a director.
8
Average number of employees
During the year the average number of employees was 24 (2023: 25).
- 6 -