Company Registration No. 04739753 (England and Wales)
John Shaw & Son (Commercials) Limited
Unaudited accounts
for the year ended 31 March 2023
John Shaw & Son (Commercials) Limited
Unaudited accounts
Contents
John Shaw & Son (Commercials) Limited
Company Information
for the year ended 31 March 2023
Directors
Mr J A Oddy
Mr C D Oddy
Company Number
04739753 (England and Wales)
Registered Office
270 Leeds Road
Huddersfield
West Yorkshire
HD1 6PD
Accountants
Holme Lea Consultancy Limited
116 Huddersfield Road
Brighouse
West Yorkshire
HD6 3RH
John Shaw & Son (Commercials) Limited
Statement of financial position
as at 31 March 2023
Tangible assets
30,085
32,119
Cash at bank and in hand
79,913
168,071
Creditors: amounts falling due within one year
(191,068)
(229,012)
Net current assets
189,426
178,371
Total assets less current liabilities
219,511
210,490
Creditors: amounts falling due after more than one year
(49,599)
(50,000)
Provisions for liabilities
Deferred tax
(5,717)
(6,103)
Net assets
164,195
154,387
Called up share capital
100
100
Profit and loss account
164,095
154,287
Shareholders' funds
164,195
154,387
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 August 2023 and were signed on its behalf by
Mr J A Oddy
Director
Company Registration No. 04739753
John Shaw & Son (Commercials) Limited
Notes to the Accounts
for the year ended 31 March 2023
John Shaw & Son (Commercials) Limited is a private company, limited by shares, registered in England and Wales, registration number 04739753. The registered office is 270 Leeds Road, Huddersfield, West Yorkshire, HD1 6PD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts are presented in pound sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value-added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Computer equipment
33% on reducing balance
Stocks are valued at a lower of cost and net realisable value after making due allowance for obsolete and slow-moving items.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
John Shaw & Son (Commercials) Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
99,621
22,288
8,512
16,181
146,602
Additions
6,595
-
-
-
6,595
Disposals
-
(655)
-
-
(655)
At 31 March 2023
106,216
21,633
8,512
16,181
152,542
At 1 April 2022
69,233
21,628
8,468
15,154
114,483
Charge for the year
7,734
-
20
845
8,599
On disposals
-
(625)
-
-
(625)
At 31 March 2023
76,967
21,003
8,488
15,999
122,457
At 31 March 2023
29,249
630
24
182
30,085
At 31 March 2022
30,388
660
44
1,027
32,119
Amounts falling due within one year
Trade debtors
187,811
111,573
Accrued income and prepayments
17,325
15,518
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
49,891
157,100
Taxes and social security
11,129
13,286
Other creditors
68,243
284
7
Creditors: amounts falling due after more than one year
2023
2022
8
Transactions with related parties
During the year, the company traded on a normal commercial basis with John Shaw & Son (Hauliers) Limited, which has common shareholders with this company. The amount due by the company at the balance sheet date was £67,902 (2022: £50,498).
John Shaw & Son (Commercials) Limited
Notes to the Accounts
for the year ended 31 March 2023
9
Average number of employees
During the year the average number of employees was 13 (2022: 14).