Company Registration No. 12361067 (England and Wales)
Harold Duckworth & Co Limited
Unaudited accounts
for the year ended 31 March 2023
Harold Duckworth & Co Limited
Unaudited accounts
Contents
Harold Duckworth & Co Limited
Company Information
for the year ended 31 March 2023
Company Number
12361067 (England and Wales)
Registered Office
41 HOUNDISCOMBE ROAD
MUTLEY
PLYMOUTH
DEVON
PL4 6EX
Accountants
Rhian Davies FCA
7 Yr Hen Farchnad
Llandeilo
SA19 6BJ
Harold Duckworth & Co Limited
Statement of financial position
as at 31 March 2023
Intangible assets
205,729
166,102
Tangible assets
8,828
6,025
Cash at bank and in hand
16,140
3,689
Creditors: amounts falling due within one year
(174,098)
(122,618)
Net current liabilities
(69,363)
(20,177)
Total assets less current liabilities
145,194
151,950
Creditors: amounts falling due after more than one year
(62,761)
(88,486)
Called up share capital
100
100
Profit and loss account
82,333
63,364
Shareholders' funds
82,433
63,464
For the year ending 31 March 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 her 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 21 December 2023 and were signed on its behalf by
K L Miles
Director
Company Registration No. 12361067
Harold Duckworth & Co Limited
Notes to the Accounts
for the year ended 31 March 2023
Harold Duckworth & Co Limited is a private company, limited by shares, registered in England and Wales, registration number 12361067. The registered office is 41 HOUNDISCOMBE ROAD, MUTLEY, PLYMOUTH, DEVON, PL4 6EX.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Harold Duckworth & Co Limited
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
66,767
77,856
Other debtors
21,828
20,896
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
28,334
26,543
Trade creditors
13,763
18,013
Taxes and social security
43,292
37,771
Other creditors
59,558
40,291
8
Creditors: amounts falling due after more than one year
2023
2022
9
Transactions with related parties
Included in Other Creditors is an amount of £55,715 owed to Delve Accounting Group Ltd, a company that owns 100% of the shares of Harold Duckworth & Co Ltd Ltd and has a director in common. From time to time either company may make short term loans to the other. During the year Delve Accounting Group Ltd charged Harold Duckworth & Co Ltd for the use of its resources - these were charged under normal market conditions.
10
Average number of employees
During the year the average number of employees was 7 (2022: 9).
