Registered Number
:
00748220
|
For the year ended 31 January 2021
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2021
H. Gwyther & Son Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
H. Gwyther & Son Limited
Statement of Financial Position
2020
2021
Property
,
plant and equipment
|
32,125
91,461
2
3
411,555
325,000
443,680
416,461
26,768
28,676
4
Trade and other receivables
|
500
403
5
17,812
Cash and cash equivalents
|
9,445
38,524
45,080
Trade and other payables
:
amounts falling due within one
|
year
|
(18,857)
(15,622)
6
26,223
22,902
Net current assets
Total assets less current liabilities
|
466,582
442,684
Trade and other payables
:
amounts falling due after more
|
than one year
|
(80,747)
(114,500)
7
(37,736)
(38,813)
Provisions for liabilities
|
314,346
Net assets
323,124
5,000
5,000
394,435
394,435
(85,089)
(76,311)
314,346
323,124
Shareholders' funds
For the year ended 31 January 2021 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 2021 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 2021
H. Gwyther & Son Limited
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 26 May 2021 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 January 2021
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 5
For the year ended 31 January 2021
H. Gwyther & Son Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor Vehicles
176,324
-
6,896
49,428
120,000
3,091
3,091
-
-
-
(60,000)
-
-
-
(60,000)
49,428
6,896
3,091
119,415
60,000
Provision for depreciation and impairment
|
84,863
-
6,605
44,825
33,433
Charge for year
2,427
464
73
690
1,200
87,290
464
6,678
45,515
34,633
25,367
3,913
218
2,627
32,125
86,567
4,603
291
-
91,461
In respect of certain fixed assets stated at valuations
,
the comparable historical cost and depreciation
values are as
|
follows
:
|
16,223
2,274
2,274
13,949
Net historical cost value
:
|
13,949
325,000
26,555
60,000
411,555
411,555
325,000
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For the year ended 31 January 2021
H. Gwyther & Son Limited
Notes to the Financial Statements Continued
2020
2021
28,676
26,768
5
.
Trade and other receivables
|
2020
2021
-
500
Taxation and social security
|
403
-
500
403
6
.
Trade and other payables
:
amounts falling due within one year
|
2020
2021
7,500
7,500
Taxation and social security
|
709
6,015
Accruals and deferred income
|
4,888
2,817
Directors
'
loan accounts
|
2,525
2,525
15,622
18,857
7
.
Trade and other payables
:
amounts falling due after more than one year
|
2020
2021
Bank loans and overdraft
(
secured
)
|
114,500
80,747
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 (2020 : 6)
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