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Unaudited Financial Statements for the Year Ended 31 August 2017 |
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HENDERSONS OF SELBY LIMITED |
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REGISTERED NUMBER:
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Unaudited Financial Statements for the Year Ended 31 August 2017 |
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for |
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HENDERSONS OF SELBY LIMITED |
HENDERSONS OF SELBY LIMITED (REGISTERED NUMBER: 03233626) |
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Contents of the Financial Statements |
for the year ended 31 August 2017 |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 4 |
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HENDERSONS OF SELBY LIMITED |
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Company Information |
for the year ended 31 August 2017 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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3 Cayley Court |
Clifton Moor |
York |
North Yorkshire |
YO30 4WH |
HENDERSONS OF SELBY LIMITED (REGISTERED NUMBER: 03233626) |
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Balance Sheet |
31 August 2017 |
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2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
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Investment property | 5 |
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CURRENT ASSETS |
Stocks |
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Debtors | 6 |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year | 7 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CREDITORS |
Amounts falling due after more than one
year |
8 |
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PROVISIONS FOR LIABILITIES | ( |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital |
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Retained earnings |
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SHAREHOLDERS' FUNDS |
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The directors acknowledge their responsibilities for: |
(a) |
ensuring that the company keeps 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 Sections 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. |
HENDERSONS OF SELBY LIMITED (REGISTERED NUMBER: 03233626) |
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Balance Sheet - continued |
31 August 2017 |
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In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
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The financial statements were approved by the Board of Directors on
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HENDERSONS OF SELBY LIMITED (REGISTERED NUMBER: 03233626) |
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Notes to the Financial Statements |
for the year ended 31 August 2017 |
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1. | STATUTORY INFORMATION |
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Hendersons of Selby Limited is a
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company's registered number and registered office address can be found on the Company Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
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Tangible fixed assets |
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Plant and machinery | - |
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Fixtures and fittings | - |
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Land and Buildings have been valued on a fair value basis, there has been no change in the valuation during this |
financial year. |
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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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Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable |
overheads. |
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Amounts recoverable on work in progress are included in debtors at the net sales value of the work completed, |
after provision for contingencies and anticipated future losses, less any stage payments received. |
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Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
the extent that it relates to items recognised in other comprehensive income or directly in equity. |
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Current or deferred taxation assets and liabilities are not discounted. |
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Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the balance sheet date. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
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Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
timing difference. |
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Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
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Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to profit or loss in the period to which they relate. |
HENDERSONS OF SELBY LIMITED (REGISTERED NUMBER: 03233626) |
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Notes to the Financial Statements - continued |
for the year ended 31 August 2017 |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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4. | TANGIBLE FIXED ASSETS |
Fixtures |
Freehold | Plant and | and |
property | machinery | fittings | Totals |
£ | £ | £ | £ |
COST |
At 1 September 2016 |
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Additions |
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Disposals |
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At 31 August 2017 |
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DEPRECIATION |
At 1 September 2016 |
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Charge for year |
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Eliminated on disposal |
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At 31 August 2017 |
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NET BOOK VALUE |
At 31 August 2017 |
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At 31 August 2016 |
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Included within the total net book value of tangible fixed assets is £254,430 (2016: £200,613) in respect of assets |
held under finance leases and similar hire purchase contracts. Depreciation for the year on these assets was |
£57,480 (2016: £64,051). |
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5. | INVESTMENT PROPERTY |
Total |
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FAIR VALUE |
At 1 September 2016 |
and 31 August 2017 |
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NET BOOK VALUE |
At 31 August 2017 |
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At 31 August 2016 |
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6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
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Amounts recoverable on contract |
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Other debtors |
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HENDERSONS OF SELBY LIMITED (REGISTERED NUMBER: 03233626) |
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Notes to the Financial Statements - continued |
for the year ended 31 August 2017 |
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7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Bank loans and overdrafts |
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Hire purchase contracts |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2017 | 2016 |
£ | £ |
Bank loans |
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Hire purchase contracts |
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9. | RELATED PARTY DISCLOSURES |
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Henderson's of Selby Ltd have invoiced Riccall Commercials Ltd (a company owned by Mr B and Mr N Henderson, |
directors) for spares and parts during the year, this is invoiced on normal commercial terms, the amount invoiced |
during the year was £17,838 (2016: £19,790). The amount outstanding from Riccall Commercials Ltd at the year |
end was £3,784 (2016: £2,241). |
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Riccall Commercials have invoiced Henderson's of Selby Ltd for spares and parts during the year, this is invoiced |
on normal commercial terms, the amount invoiced during the year was £17,363 (2016: £47,720). The amount |
outstanding at the year end was £2,627 (2016: £3,592). |
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Riccall Commercials Ltd has paid Henderson's of Selby Ltd £15,000 during the year for rent of land and premises |
(2016: £15,000) on normal commercial terms. |
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10. | ULTIMATE CONTROLLING PARTY |
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The company was controlled throughout the current and previous years by Mr B Henderson and Mr N Henderson |
(Directors) by virtue of the fact that they own or have a beneficial interest in all the company's issued share |
capital. |