Registered Number
:
00748220
|
For the year ended 31 January 2020
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2020
H. Gwyther & Son Limited
Contents Page
1
Statement of Financial Position
2 to 6
Notes to the Financial Statements
H. Gwyther & Son Limited
Statement of Financial Position
2019
2020
Property
,
plant and equipment
|
91,461
94,131
2
3
325,000
320,667
416,461
414,798
85,482
26,768
4
Trade and other receivables
|
4,636
500
5
467
Cash and cash equivalents
|
17,812
45,080
90,585
Trade and other payables
:
amounts falling due within one
|
year
|
(46,912)
(18,857)
6
43,673
26,223
Net current assets
Total assets less current liabilities
|
442,684
458,471
Trade and other payables
:
amounts falling due after more
|
than one year
|
(87,830)
(80,747)
7
(38,813)
(38,529)
Provisions for liabilities
|
323,124
Net assets
332,112
5,000
5,000
394,435
394,435
(76,311)
(67,323)
323,124
332,112
Shareholders' funds
For the year ended 31 January 2020 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 of its financial statements for the year ended 31 January 2020 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
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For the year ended 31 January 2020
H. Gwyther & Son Limited
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 17 April 2020 and were signed by:
|
The notes form part of these financial statements
|
2 of 6
For the year ended 31 January 2020
H. Gwyther & Son Limited
Notes to the Financial Statements
Statutory Information
H
.
Gwyther
&
Son Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
00748220
.
|
33 Church Street
Bishops Castle
Shropshire
SY9 5AD
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
''
The Financial Reporting Standard applicable in the UK and Republic of Ireland
''
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Land and Buildings
Plant and Machinery
Motor Vehicles
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
|
3 of 6
For the year ended 31 January 2020
H. Gwyther & Son Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
175,685
6,896
48,789
120,000
639
-
639
-
120,000
49,428
6,896
176,324
Provision for depreciation and impairment
|
81,554
6,508
44,013
31,033
Charge for year
3,309
97
812
2,400
84,863
6,605
44,825
33,433
86,567
4,603
291
91,461
88,967
4,776
388
94,131
In respect of certain fixed assets stated at valuations
,
the comparable historical cost and depreciation
values are as
|
follows
:
|
16,223
1,950
Charge for year
324
2,274
14,273
Net historical cost value
:
|
13,949
4 of 6
For the year ended 31 January 2020
H. Gwyther & Son Limited
Notes to the Financial Statements Continued
325,000
325,000
4,333
(4,333)
-
325,000
320,667
Freehold Property and Investment property are included at a valuation as prepared by Halls Estate Agents on 20th February 2017.
|
2019
2020
26,768
85,482
5
.
Trade and other receivables
|
2019
2020
500
4,600
-
36
4,636
500
6
.
Trade and other payables
:
amounts falling due within one year
|
2019
2020
7,500
29,598
-
4,804
Taxation and social security
|
6,015
4,047
Accruals and deferred income
|
2,817
5,768
Directors
'
loan accounts
|
2,525
2,695
18,857
46,912
5 of 6
For the year ended 31 January 2020
H. Gwyther & Son Limited
Notes to the Financial Statements Continued
7
.
Trade and other payables
:
amounts falling due after more than one year
|
2019
2020
Bank loans and overdraft
(
secured
)
|
80,747
87,830
The Bank Loan and Overdraft aree secured by a debenture charge over all the assets of the company.
8
.
Average number of persons employed
|
During the year the average number of employees was 6 (2019 : 6)
6 of 6