Accounts filed on 31-10-2022


ACCOUNTS
FOR THEYEARENDED31/10/2022



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		2

Notes To The Accounts		3


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/10/2022

			2022		2021
	Notes		£		£

FIXED ASSETS
Tangible assets	3		446,640		155,956

CURRENT ASSETS
Stock		302,588		188,299
Debtors	5	222,848		70,626
Cash at bank and in hand		115,079		5,744
		640,515		264,669
CREDITORS: Amounts falling due within one year	6	521,721		288,978
NET CURRENT ASSETS / (LIABILITIES)			118,794		(24,309)
TOTAL ASSETS LESS CURRENT LIABILITIES			565,434		131,647


CREDITORS: Amounts falling due after more than one year	7		105,713		18,281


PROVISIONS FOR LIABILITIES AND CHARGES	8		84,861		-

NET ASSETS			374,860		113,366

CAPITAL AND RESERVES

Called up share capital	9		101		100
Profit and loss account			374,759		113,266
SHAREHOLDERS' FUNDS			374,860		113,366

For the year ending 31/10/2022 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 13/02/2023 and signed on their behalf by



.............................
Mr C G Wills
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 20%
Equipment		straight line 25%
Motor Cars		reducing balance 20%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




5. DEBTORS	2022	2021
	£	£

Amounts falling due within one year:
Trade debtors	-	60,528
Other Tax	7,814	-
Other debtors	215,034	10,098
	222,848	70,626




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2022	2021
	£	£
Trade creditors	214,828	22,897
Taxation and social security	49,449	30,787
Other creditors	257,444	235,294
	521,721	288,978




7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2022	2021
	£	£
Other creditors	105,713	18,281
	105,713	18,281


Included in other creditors are:
Obligations under hire purchase	105,713	18,281




9. SHARE CAPITAL	2022	2021
	£	£
Allotted, issued and fully paid:
50 Class 1 shares of £1 each	50	50
50 Class 2 shares of £1 each	50	50
1 Class 3 shares of £1 each	1
	101	100