John Stokes (Hard Chrome Plating & Grinding) Limited Filleted accounts for Companies House (small and micro)
John Stokes (Hard Chrome Plating & Grinding) Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
01127757
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Abridged Statement of Financial Position |
2022 |
2021 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Investments |
6 |
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Current assets
Stocks |
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Debtors |
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Cash at bank and in hand |
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--------- |
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Creditors: amounts falling due within one year |
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Net current assets |
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--------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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Provisions
Taxation including deferred tax |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
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Abridged Statement of Financial Position (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
2 November 2022
, and are signed on behalf of the board by:
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Director |
Company registration number:
01127757
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Notes to the Abridged Financial Statements |
Year ended 31 March 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bay 1 60 High Street, Princes End, Tipton, West Midlands, DY4 9HX.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery |
- |
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Motor vehicles |
- |
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Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in joint ventures
Impairment of fixed assets
Stocks
Finance leases and hire purchase contracts
Government grants
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
28
(2021:
28
).
5.
Tangible assets
£ |
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Cost |
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At 1 April 2021 |
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Additions |
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Disposals |
(
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At 31 March 2022 |
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Depreciation |
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At 1 April 2021 |
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Charge for the year |
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Disposals |
(
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At 31 March 2022 |
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Carrying amount |
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At 31 March 2022 |
266,744 |
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At 31 March 2021 |
288,954 |
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6.
Investments
£ |
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Cost |
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At 1 April 2021 and 31 March 2022 |
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Impairment |
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At 1 April 2021 and 31 March 2022 |
– |
---- |
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Carrying amount |
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At 31 March 2022 |
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---- |
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At 31 March 2021 |
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7.
Financial instruments
8.
Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2022 |
2021 |
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£ |
£ |
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Not later than 1 year |
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Later than 1 year and not later than 5 years |
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-------- |
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9.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2022 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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(
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(
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(
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------- |
---- |
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(
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(
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------- |
---- |
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2021 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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(
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(
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------- |
---- |
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(
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(
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10.
Related party transactions
No transactions with related parties were undertaken such as are required to be disclosed under FRS 102(A).
11.
Controlling party
The company is under the direct control of
D A Stokes
and T J Stokes
, directors and shareholders of the company.