Company Registration No. 06829630 (England and Wales)
Andy Stanley & Sons Limited
Unaudited accounts
for the year ended 30 April 2023
Andy Stanley & Sons Limited
Unaudited accounts
Contents
Andy Stanley & Sons Limited
Company Information
for the year ended 30 April 2023
Company Number
06829630 (England and Wales)
Registered Office
11 Chapel Lane
Arnold
Nottingham
Nottinghamshire
NG5 7DR
Accountants
Select Accountancy Ltd FFA/FIPA FFTA
11 Chapel Lane
Arnold
Nottingham
NG5 7DR
Accountants' report on the preparation of the unaudited statutory statements of Andy Stanley & Sons Limited (The Company) for the year ended 30 April 2023
In order to assist you as the sole director to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 30 April 2023 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to you as the sole director of the company, in accordance with the terms of our letter of engagement dated 28 June 2023. Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to you, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and you as the sole director for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the statutory audit requirement for the year ended 30 April 2023.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Select Accountancy Ltd FFA/FIPA FFTA
Financial Accountants
11 Chapel Lane
Arnold
Nottingham
NG5 7DR
20 December 2023
Andy Stanley & Sons Limited
Statement of financial position
as at 30 April 2023
Intangible assets
40,000
40,000
Tangible assets
30,812
4,379
Cash at bank and in hand
21,546
16,264
Creditors: amounts falling due within one year
(38,090)
(33,991)
Net current (liabilities)/assets
(6,968)
11,604
Total assets less current liabilities
63,844
55,983
Creditors: amounts falling due after more than one year
(33,215)
(13,800)
Called up share capital
1
1
Profit and loss account
30,628
42,182
Shareholders' funds
30,629
42,183
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 20 December 2023 and were signed on its behalf by
Andrew Stanley
Director
Company Registration No. 06829630
Andy Stanley & Sons Limited
Notes to the Accounts
for the year ended 30 April 2023
Andy Stanley & Sons Limited is a private company, limited by shares, registered in England and Wales, registration number 06829630. The registered office is 11 Chapel Lane, Arnold, Nottingham, Nottinghamshire, NG5 7DR.
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 have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Computer equipment
25% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are not amortised
4
Intangible fixed assets
Goodwill
Andy Stanley & Sons Limited
Notes to the Accounts
for the year ended 30 April 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2022
6,897
11,765
1,963
20,625
Additions
-
36,704
-
36,704
At 30 April 2023
6,897
48,469
1,963
57,329
At 1 May 2022
4,304
10,542
1,400
16,246
Charge for the year
648
9,482
141
10,271
At 30 April 2023
4,952
20,024
1,541
26,517
At 30 April 2023
1,945
28,445
422
30,812
At 30 April 2022
2,593
1,223
563
4,379
Amounts falling due within one year
Trade debtors
3,611
15,757
Accrued income and prepayments
2,110
1,568
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
19,497
16,139
Obligations under finance leases and hire purchase contracts
6,395
-
Trade creditors
3,841
4,952
Taxes and social security
5,354
9,270
Loans from directors
681
-
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
24,515
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Andy Stanley & Sons Limited
Notes to the Accounts
for the year ended 30 April 2023
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).