John Gould and Son (Bangor) Ltd Filleted accounts for Companies House (small and micro)
John Gould and Son (Bangor) Ltd Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
NI016207
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Statement of Financial Position |
2022 |
2021 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
8 |
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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 statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its 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 financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
27 October 2023
, and are signed on behalf of the board by:
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Director |
Company registration number:
NI016207
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Notes to the Financial Statements |
Year ended 31 October 2022
1.
General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 631 Lisburn Road, Belfast, BT9 7GT, Northern Ireland.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Taxation
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:
Freehold Property |
- |
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Plant and machinery |
- |
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Fixtures and fitting |
- |
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Motor vehicles |
- |
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Impairment of fixed assets
Stocks
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
7
(2021:
7
).
5.
Tangible assets
Land and buildings |
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 November 2021 |
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Additions |
– |
– |
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At 31 October 2022 |
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Depreciation |
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At 1 November 2021 |
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Charge for the year |
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At 31 October 2022 |
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Carrying amount |
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At 31 October 2022 |
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At 31 October 2021 |
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6.
Debtors
2022 |
2021 |
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£ |
£ |
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Trade debtors |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Other debtors |
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7.
Creditors:
amounts falling due within one year
2022 |
2021 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
– |
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Social security and other taxes |
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Other creditors |
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8.
Creditors:
amounts falling due after more than one year
2022 |
2021 |
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£ |
£ |
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Other creditors |
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9.
Financial instruments
10.
Directors' advances, credits and guarantees
At the balance sheet date the company owed Mr. G. Gould £75,455 (2021 £76,117), and Mrs M Gould £134,788 (2021 £134,788) on an interest free basis.
11.
Related party transactions
At the balance sheet date, the company was owed £50,891 (2021 £71,141) by EG Developments Limited, a company in which Mr G Gould and Mrs ME Gould are directors and shareholders. During the year the year the company paid rent to this related party of £12,967 (2021 £12,000).