Registered Number:00748220 |
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2023
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
2022
2023
Property, plant and equipment |
30,515
33,066
2
3
411,555
411,555
442,070
444,621
6,161
3,878
4
Trade and other receivables |
498
4,132
5
8,010
6,659
Trade and other payables: amounts falling due within one |
year |
(46,635)
(55,566)
6
(39,976)
(47,556)
Net current liabilities
Total assets less current liabilities |
394,514
404,645
Trade and other payables: amounts falling due after more |
than one year |
(91,821)
(81,739)
7
(38,865)
(38,655)
Provisions for liabilities |
273,910
Net assets
274,169
5,000
5,000
394,435
394,435
(125,525)
(125,266)
273,910
274,169
Shareholders' funds
For the year ended 31 January 2023 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 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his 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 2023
H. Gwyther & Son Limited
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 04 October 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 January 2023
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 1A 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. |
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For the year ended 31 January 2023
H. Gwyther & Son Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor Vehicles
123,153
6,275
6,896
49,982
60,000
49,982
6,896
6,275
123,153
60,000
Provision for depreciation and impairment |
90,087
1,336
6,733
46,185
35,833
Charge for year
2,551
741
41
569
1,200
92,638
2,077
6,774
46,754
37,033
22,967
3,228
122
4,198
30,515
24,167
3,797
163
4,939
33,066
In respect of certain fixed assets stated at valuations, the comparable historical cost and depreciation values are as |
follows: |
22,783
13,617
Charge for year
456
14,073
9,166
Net historical cost value: |
8,710
411,555
411,555
411,555
411,555
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For the year ended 31 January 2023
H. Gwyther & Son Limited
Notes to the Financial Statements Continued
2022
2023
3,878
6,161
5. Trade and other receivables |
2022
2023
4,132
-
Prepayments and accrued income |
-
498
498
4,132
6. Trade and other payables: amounts falling due within one year |
2022
2023
Bank loans and overdraft (secured) |
8,647
8,595
37,615
32,304
Taxation and social security |
-
617
Accruals and deferred income |
4,762
2,725
4,542
2,394
55,566
46,635
7. Trade and other payables: amounts falling due after more than one year |
2022
2023
27,309
29,011
Bank loans and overdraft (secured) |
54,430
62,810
81,739
91,821
8. Guarantees and other financial commitments |
Guarantees and contingent assets and liabilities |
HSBC Bank have a 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 1 (2022 : 2)
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For the year ended 31 January 2023
H. Gwyther & Son Limited
Notes to the Financial Statements Continued
6 of 6