Registered Number
:
00748220
|
For the year ended 31 January 2022
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2022
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
2021
2022
Property
,
plant and equipment
|
33,066
32,125
2
3
411,555
411,555
444,621
443,680
28,676
6,161
4
Trade and other receivables
|
403
498
5
9,445
Cash and cash equivalents
|
-
6,659
38,524
Trade and other payables
:
amounts falling due within one
|
year
|
(15,622)
(46,635)
6
22,902
(39,976)
Net current liabilities
Total assets less current liabilities
|
404,645
466,582
Trade and other payables
:
amounts falling due after more
|
than one year
|
(114,500)
(91,821)
7
(38,655)
(37,736)
Provisions for liabilities
|
274,169
Net assets
314,346
5,000
5,000
394,435
394,435
(125,266)
(85,089)
274,169
314,346
Shareholders' funds
For the year ended 31 January 2022 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 2022 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.
|
1 of 6
For the year ended 31 January 2022
H. Gwyther & Son Limited
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 21 September 2022 and were signed by:
|
The notes form part of these financial statements
|
2 of 6
For the year ended 31 January 2022
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
Furniture and Fittings
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 2022
H. Gwyther & Son Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor Vehicles
119,415
3,091
6,896
49,428
60,000
3,738
3,184
-
554
-
49,982
6,896
6,275
123,153
60,000
Provision for depreciation and impairment
|
87,290
464
6,678
45,515
34,633
Charge for year
2,797
872
55
670
1,200
90,087
1,336
6,733
46,185
35,833
24,167
3,797
163
4,939
33,066
25,367
3,913
218
2,627
32,125
In respect of certain fixed assets stated at valuations
,
the comparable historical cost and depreciation
values are as
|
follows
:
|
22,783
13,161
Charge for year
456
13,617
9,622
Net historical cost value
:
|
9,166
411,555
411,555
411,555
411,555
4 of 6
For the year ended 31 January 2022
H. Gwyther & Son Limited
Notes to the Financial Statements Continued
2021
2022
6,161
28,676
5
.
Trade and other receivables
|
2021
2022
Prepayments and accrued income
|
498
-
Taxation and social security
|
-
403
403
498
6
.
Trade and other payables
:
amounts falling due within one year
|
2021
2022
Bank loans and overdraft
(
secured
)
|
8,595
-
32,304
7,500
Taxation and social security
|
617
709
Accruals and deferred income
|
2,725
4,888
Directors
'
loan accounts
|
2,394
2,525
46,635
15,622
7
.
Trade and other payables
:
amounts falling due after more than one year
|
2021
2022
29,011
42,000
Bank loans and overdraft
(
secured
)
|
62,810
72,500
91,821
114,500
8
.
Guarantees and other financial commitments
|
Guarantees and contingent assets and liabilities
|
HSBC Bank have a mortgage charge over the property, 31-33 Church Street Bishops Castle, SY9 5AD.
9
.
Average number of persons employed
|
During the year the average number of employees was 2 (2021 : 2)
5 of 6
For the year ended 31 January 2022
H. Gwyther & Son Limited
Notes to the Financial Statements Continued
6 of 6