G H COOK & SON LTD.

G H COOK & SON LTD. - Company Information

2021-04-012022-03-312022-03-31falseSC298457G H COOK & SON LTD.2022-09-2043290iso4217:GBPxbrli:pureSC2984572021-04-01SC2984572022-03-31SC2984572021-04-012022-03-31SC2984572020-04-01SC2984572021-03-31SC2984572020-04-012021-03-31SC298457bus:SmallEntities2021-04-012022-03-31SC298457bus:AuditExempt-NoAccountantsReport2021-04-012022-03-31SC298457bus:FullAccounts2021-04-012022-03-31SC298457bus:PrivateLimitedCompanyLtd2021-04-012022-03-31SC298457core:WithinOneYear2022-03-31SC298457core:AfterOneYear2022-03-31SC298457core:WithinOneYear2021-03-31SC298457core:AfterOneYear2021-03-31SC298457core:ShareCapital2022-03-31SC298457core:SharePremium2022-03-31SC298457core:RevaluationReserve2022-03-31SC298457core:OtherReservesSubtotal2022-03-31SC298457core:RetainedEarningsAccumulatedLosses2022-03-31SC298457core:ShareCapital2021-03-31SC298457core:SharePremium2021-03-31SC298457core:RevaluationReserve2021-03-31SC298457core:OtherReservesSubtotal2021-03-31SC298457core:RetainedEarningsAccumulatedLosses2021-03-31SC298457core:LandBuildings2022-03-31SC298457core:PlantMachinery2022-03-31SC298457core:Vehicles2022-03-31SC298457core:FurnitureFittings2022-03-31SC298457core:OfficeEquipment2022-03-31SC298457core:NetGoodwill2022-03-31SC298457core:IntangibleAssetsOtherThanGoodwill2022-03-31SC298457core:ListedExchangeTraded2022-03-31SC298457core:UnlistedNon-exchangeTraded2022-03-31SC298457core:LandBuildings2021-03-31SC298457core:PlantMachinery2021-03-31SC298457core:Vehicles2021-03-31SC298457core:FurnitureFittings2021-03-31SC298457core:OfficeEquipment2021-03-31SC298457core:NetGoodwill2021-03-31SC298457core:IntangibleAssetsOtherThanGoodwill2021-03-31SC298457core:ListedExchangeTraded2021-03-31SC298457core:UnlistedNon-exchangeTraded2021-03-31SC298457core:LandBuildings2021-04-012022-03-31SC298457core:PlantMachinery2021-04-012022-03-31SC298457core:Vehicles2021-04-012022-03-31SC298457core:FurnitureFittings2021-04-012022-03-31SC298457core:OfficeEquipment2021-04-012022-03-31SC298457core:NetGoodwill2021-04-012022-03-31SC298457core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-31SC298457core:ListedExchangeTraded2021-04-012022-03-31SC298457core:UnlistedNon-exchangeTraded2021-04-012022-03-31SC298457core:MoreThanFiveYears2021-04-012022-03-31SC298457core:Non-currentFinancialInstruments2022-03-31SC298457core:Non-currentFinancialInstruments2021-03-31SC298457dpl:CostSales2021-04-012022-03-31SC298457dpl:DistributionCosts2021-04-012022-03-31SC298457dpl:AdministrativeExpenses2021-04-012022-03-31SC298457core:LandBuildings2021-04-012022-03-31SC298457core:PlantMachinery2021-04-012022-03-31SC298457core:Vehicles2021-04-012022-03-31SC298457core:FurnitureFittings2021-04-012022-03-31SC298457core:OfficeEquipment2021-04-012022-03-31SC298457core:NetGoodwill2021-04-012022-03-31SC298457core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-31SC298457dpl:GroupUndertakings2021-04-012022-03-31SC298457dpl:ParticipatingInterests2021-04-012022-03-31SC298457dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-31SC298457core:ListedExchangeTraded2021-04-012022-03-31SC298457dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-31SC298457core:UnlistedNon-exchangeTraded2021-04-012022-03-31SC298457dpl:CostSales2020-04-012021-03-31SC298457dpl:DistributionCosts2020-04-012021-03-31SC298457dpl:AdministrativeExpenses2020-04-012021-03-31SC298457core:LandBuildings2020-04-012021-03-31SC298457core:PlantMachinery2020-04-012021-03-31SC298457core:Vehicles2020-04-012021-03-31SC298457core:FurnitureFittings2020-04-012021-03-31SC298457core:OfficeEquipment2020-04-012021-03-31SC298457core:NetGoodwill2020-04-012021-03-31SC298457core:IntangibleAssetsOtherThanGoodwill2020-04-012021-03-31SC298457dpl:GroupUndertakings2020-04-012021-03-31SC298457dpl:ParticipatingInterests2020-04-012021-03-31SC298457dpl:GroupUndertakingscore:ListedExchangeTraded2020-04-012021-03-31SC298457core:ListedExchangeTraded2020-04-012021-03-31SC298457dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-04-012021-03-31SC298457core:UnlistedNon-exchangeTraded2020-04-012021-03-31SC298457core:NetGoodwill2022-03-31SC298457core:IntangibleAssetsOtherThanGoodwill2022-03-31SC298457core:LandBuildings2022-03-31SC298457core:PlantMachinery2022-03-31SC298457core:Vehicles2022-03-31SC298457core:FurnitureFittings2022-03-31SC298457core:OfficeEquipment2022-03-31SC298457core:AfterOneYear2022-03-31SC298457core:WithinOneYear2022-03-31SC298457core:ListedExchangeTraded2022-03-31SC298457core:UnlistedNon-exchangeTraded2022-03-31SC298457core:ShareCapital2022-03-31SC298457core:SharePremium2022-03-31SC298457core:RevaluationReserve2022-03-31SC298457core:OtherReservesSubtotal2022-03-31SC298457core:RetainedEarningsAccumulatedLosses2022-03-31SC298457core:NetGoodwill2021-03-31SC298457core:IntangibleAssetsOtherThanGoodwill2021-03-31SC298457core:LandBuildings2021-03-31SC298457core:PlantMachinery2021-03-31SC298457core:Vehicles2021-03-31SC298457core:FurnitureFittings2021-03-31SC298457core:OfficeEquipment2021-03-31SC298457core:AfterOneYear2021-03-31SC298457core:WithinOneYear2021-03-31SC298457core:ListedEx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G H COOK & SON LTD.

Registered Number
SC298457
(Scotland)

Unaudited Financial Statements for the Year ended
31 March 2022

G H COOK & SON LTD.

Company Information
for the year from 1 April 2021 to 31 March 2022


Directors	George Lamond Cook
	Karen Mary Cook


Registered Address	Skene Works
	Skene Street
	Strathmiglo
	KY14 7QL


Registered Number	SC298457 (Scotland)

G H COOK & SON LTD.

Balance Sheet as at
31 March 2022

	Notes	2022		2021
		£	£	£	£
Fixed assets
Tangible assets	5		138,580		128,334
			138,580		128,334
Current assets
Stocks		87,419		100,296
Debtors	6	161,677		164,615
Cash at bank and on hand		3,566		-
		252,662		264,911
Creditors amounts falling due within one year	7	(351,914)		(352,300)
Net current assets (liabilities)			(99,252)		(87,389)
Total assets less current liabilities			39,328		40,945
Creditors amounts falling due after one year	8		(31,667)		(41,667)
Provisions for liabilities			(2,380)		(1,549)
Net assets			5,281		(2,271)
Capital and reserves
Called up share capital			3		3
Revaluation reserve			22,720		22,720
Profit and loss account			(17,442)		(24,994)
Shareholders' funds			5,281		(2,271)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Board of Directors on 20 September 2022, and are signed on its behalf by:

George Lamond Cook
Director
Registered Company No. SC298457

G H COOK & SON LTD.

Notes to the Financial Statements
for the year ended 31 March 2022

1.	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Accounting policies

	Turnover policy
	Turnover represents net invoiced provision of services during the year, exclusive of value added tax.

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	20	-
Vehicles	20	-
Office Equipment	-	3

	Stocks policy
	Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete or slow moving items. Cost comprises all direct expenditure incurred in bringing stock to its current location and condition. Work in progress is valued on the basis of direct costs incurred to the relevant stage of completion. Provision is made for any foreseeable loss, where appropriate. No element of profit is included in the valuation of work in progress.

Stocks policy

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete or slow moving items. Cost comprises all direct expenditure incurred in bringing stock to its current location and condition.

Work in progress is valued on the basis of direct costs incurred to the relevant stage of completion. Provision is made for any foreseeable loss, where appropriate. No element of profit is included in the valuation of work in progress.

	Deferred tax policy
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax policy

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 

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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. 

Current and deferred tax assets and liabilities are not discounted.

	Leases policy
	Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

	Employee benefits policy
	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.

	Going concern
	The financial statements have been prepared on the going concern basis. The directors find it appropriate for the financial statements to be prepared on this basis despite the net current liability position of the company. The company is reliant upon the continued support of the directors who have confirmed they will not withdraw their directors loan account to the detriment of other creditors.

4.	Employee information


		2022		2021
	Average number of employees during the year	14		17

5.	Property, plant and equipment

	Land & buildings	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 21	110,298	54,857	33,110	4,086	202,351
Additions	-	982	18,505	382	19,869
Disposals	-	(7,669)	-	-	(7,669)
At 31 March 22	110,298	48,170	51,615	4,468	214,551
Depreciation and impairment
At 01 April 21	4,119	48,412	17,400	4,086	74,017
Charge for year	916	1,424	5,643	98	8,081
On disposals	-	(6,127)	-	-	(6,127)
At 31 March 22	5,035	43,709	23,043	4,184	75,971
Net book value
At 31 March 22	105,263	4,461	28,572	284	138,580
At 31 March 21	106,179	6,445	15,710	-	128,334

6.	Debtors

	2022	2021
	£	£
Trade debtors / trade receivables	156,239	91,757
Other debtors	3,141	71,583
Prepayments and accrued income	2,297	1,275
Total	161,677	164,615

7.	Creditors within one year

	2022	2021
	£	£
Trade creditors / trade payables	139,253	49,922
Bank borrowings and overdrafts	10,000	8,333
Taxation and social security	29,374	66,396
Other creditors	148,164	202,916
Accrued liabilities and deferred income	25,123	24,733
Total	351,914	352,300


	The bank overdraft is secured over the company freehold property and a bond and floating charge over the whole assets of the company.

8.	Creditors after one year

	2022	2021
	£	£
Bank borrowings and overdrafts	31,667	41,667
Total	31,667	41,667