A. & G. Toseland Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 02742202

A. & G. TOSELAND LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

30 June 2025

A. & G. TOSELAND LIMITED

STATEMENT OF FINANCIAL POSITION

30 June 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		863		764

CURRENT ASSETS

Stocks		155,396	164,159
Debtors	6	474,754	387,704
Cash at bank and in hand		24,669	20,899
		---------	---------
		654,819	572,762

CREDITORS: amounts falling due within one year	7	330,793		230,931
		---------		---------
NET CURRENT ASSETS			324,026		341,831
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			324,889		342,595

CREDITORS: amounts falling due after more than one year	8	49,739	28,333
		---------	---------
NET ASSETS		275,150	314,262
		---------	---------

CAPITAL AND RESERVES

Called up share capital	35,000	35,000
Profit and loss account	240,150	279,262
	---------	---------
SHAREHOLDERS FUNDS	275,150	314,262
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

A. & G. TOSELAND LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 3 June 2026 , and are signed on behalf of the board by:

Mr F G Toseland
Director

Company registration number: 02742202

A. & G. TOSELAND LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Catesby Street, Kettering, Northamptonshire, NN16 8XN.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & machinery	-	20% straight line
Fixtures and fittings	-	25% straight line
Motor vehicles	-	20% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 4 (2024: 4 ).

5. TANGIBLE ASSETS

	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 July 2024	74,757	31,572	800	107,129
Additions	–	598	–	598
	--------	--------	----	---------
At 30 June 2025	74,757	32,170	800	107,727
	--------	--------	----	---------
Depreciation
At 1 July 2024	74,664	31,061	640	106,365
Charge for the year	47	292	160	499
	--------	--------	----	---------
At 30 June 2025	74,711	31,353	800	106,864
	--------	--------	----	---------
Carrying amount
At 30 June 2025	46	817	–	863
	--------	--------	----	---------
At 30 June 2024	93	511	160	764
	--------	--------	----	---------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	127,707	136,350
Amounts owed by group undertakings and undertakings in which the company has a participating interest	825	645
Other debtors	346,222	250,709
	---------	---------
	474,754	387,704
	---------	---------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	105,562	44,341
Trade creditors	88,270	42,757
Social security and other taxes	129,840	135,932
Other creditors	7,121	7,901
	---------	---------
	330,793	230,931
	---------	---------

8. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	49,739	28,333
	--------	--------

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the director entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr F G Toseland	170,248	69,900	( 2,000)	238,148
	---------	--------	-------	---------

	2024
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr F G Toseland	130,107	40,353	( 212)	170,248
	---------	--------	----	---------

Interest was charged at the official H M Revenue & Customs rate.