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REGISTERED NUMBER: 01424002 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2017

FOR

A.A. HENTON & SON (STEEL FABRICATIONS)
LIMITED

A.A. HENTON & SON (STEEL FABRICATIONS)
LIMITED (REGISTERED NUMBER: 01424002)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A.A. HENTON & SON (STEEL FABRICATIONS)
LIMITED

COMPANY INFORMATION
for the Year Ended 31 October 2017







DIRECTORS: Arthur William Henton
Mrs Karen Lesley Henton





REGISTERED OFFICE: 12 Wood Lane
Norton-Juxta-Twycross
Atherstone
Warwickshire
CV9 3QB





REGISTERED NUMBER: 01424002 (England and Wales)





ACCOUNTANTS: John M Taylor & Co
Chartered Accountants
9 Glasgow Road
PAISLEY
Renfrewshire
PA1 3QS

A.A. HENTON & SON (STEEL FABRICATIONS)
LIMITED (REGISTERED NUMBER: 01424002)

BALANCE SHEET
31 October 2017

31.10.16 31.10.17
£    £    Notes £    £   
FIXED ASSETS
140,289 Tangible assets 5 168,603
200,000 Investment property 6 200,000
340,289 368,603

CURRENT ASSETS
157,073 Stocks 144,642
785,584 Debtors 7 577,374
33,708 Cash at bank and in hand 167,549
976,365 889,565
CREDITORS
498,626 Amounts falling due within one year 8 383,527
477,739 NET CURRENT ASSETS 506,038
818,028 TOTAL ASSETS LESS CURRENT
LIABILITIES

874,641

12,720 PROVISIONS FOR LIABILITIES 10 19,681
805,308 NET ASSETS 854,960

CAPITAL AND RESERVES
40,002 Called up share capital 11 40,002
17,032 Investment property non distributable
reserve

17,032
748,274 Retained earnings 797,926
805,308 SHAREHOLDERS' FUNDS 854,960

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

A.A. HENTON & SON (STEEL FABRICATIONS)
LIMITED (REGISTERED NUMBER: 01424002)

BALANCE SHEET - continued
31 October 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 15 May 2018 and were signed on its behalf by:





Arthur William Henton - Director


A.A. HENTON & SON (STEEL FABRICATIONS)
LIMITED (REGISTERED NUMBER: 01424002)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2017

1. STATUTORY INFORMATION

A.a. Henton & Son (Steel Fabrications) Limited is a private company, limited by shares , registered in England
and Wales. The company's registered number and registered office address can be found on the Company
Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

These financial statements for the year ended 31 October 2017 are the first financial statements that comply with
FRS 102 Section 1A '' Small Entities''. The date of transition to FRS 102 1A is 1 November 2015.

The transition to FRS 102 Section 1A '' Small Entities'' has not resulted in any changes in accounting policies or
impact opening equity or profit.

The significant policies applied in the preparation of these financial statements are set out below. These policies
have been consistently applied to all years presented unless otherwise stated

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party
transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is stated net of VAT. Turnover from the sale of goods is recognised when the goods are physically
delivered to the customer. Turnover from the supply of services represents the value of services provided under
contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.
Where the contract has only been partially completed at the balance sheet date turnover represents the value of
the service provided to date based on a proportion of the total contract value.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - 5% on cost
Plant and machinery - 20% to 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and
accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine
whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the
recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

A.A. HENTON & SON (STEEL FABRICATIONS)
LIMITED (REGISTERED NUMBER: 01424002)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2017

3. ACCOUNTING POLICIES - continued

Investment property
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at
fair value at each reporting date with changes in fair value recognised in profit and loss.
Revaluations are conducted annually by the director.

Stocks
Stocks consist of goods for resale and are valued at the lower of purchase cost and estimated selling price less
costs to sell, after making due allowances for obsolete and slow moving items.

When stocks are sold, the carrying amount of these stock 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 on the amount of stocks recognised as an
expense in the period in which the reversal occurs.

Financial instruments
Basic financial instruments are recognised at amortised cost. Financial assets and liabilities are recognised when
the company becomes a party to the contractual provisions of the instrument and are classified in accordance
with their underlying economic reality.

Taxation
Taxation represents the sum of tax currently payable and deferred tax on a non discounted basis.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively
enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the
financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying
amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is
no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period which the
liability is settled or the asset is realised, based on tax rates (and tax laws) that have been enacted or
substantively enacted by the end of the reporting period.

Pension costs and other post-retirement benefits
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.

Debtors
Debtors include the value of contractual work in progress.

Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand as well as deposits held at call with
banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised
when paid. Final equity dividends are recognised as a liability in the financial statements in the period in which
the dividends are approved by the shareholders. These amounts are recognised in the statement of changes in
equity.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2016 - 26 ) .

A.A. HENTON & SON (STEEL FABRICATIONS)
LIMITED (REGISTERED NUMBER: 01424002)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2017

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
Totals property machinery fittings vehicles
£    £    £    £    £   
COST
At 1 November 2016 401,373 86,026 255,067 21,321 38,959
Additions 53,452 - 53,452 - -
At 31 October 2017 454,825 86,026 308,519 21,321 38,959
DEPRECIATION
At 1 November 2016 261,084 21,505 185,352 19,471 34,756
Charge for year 25,138 4,301 19,324 462 1,051
At 31 October 2017 286,222 25,806 204,676 19,933 35,807
NET BOOK VALUE
At 31 October 2017 168,603 60,220 103,843 1,388 3,152
At 31 October 2016 140,289 64,521 69,715 1,850 4,203

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2016
and 31 October 2017 200,000
NET BOOK VALUE
At 31 October 2017 200,000
At 31 October 2016 200,000

Fair value at 31 October 2017 is represented by:

£   
Valuation in 2017 17,032
Cost 182,968
200,000

Investment property was valued on a fair value basis on 31 October 2017 by the directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.17 31.10.16
£    £   
Trade debtors 13,686 26,890
Amounts recoverable on contracts 105,466 64,148
Amount due from fellow subsidiary 387,399 617,936
Corporation Tax - 8,324
Prepayments 70,823 68,286
577,374 785,584

A.A. HENTON & SON (STEEL FABRICATIONS)
LIMITED (REGISTERED NUMBER: 01424002)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2017

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.17 31.10.16
£    £   
Bank loans and overdrafts - 174,053
Trade creditors 141,275 141,036
Corporation Tax 18,549 3,836
Social security and other taxes 8,567 10,341
VAT 76,112 61,275
Other creditors 400 -
Amount due to parent company 112,543 73,068
Accruals 26,081 35,017
383,527 498,626

9. SECURED DEBTS

The following secured debts are included within creditors:

31.10.17 31.10.16
£    £   
Bank overdraft - 174,053

Bank borrowing is secured by:-
- a first legal charge over the investment freehold property of the company
- a debenture
- a fixed and floating charge
- a personal guarantee from the director Arthur Henton limited to £25,000
- an unlimited cross guarantee from Overhead Line Fittings (U.K.) Limited.

10. PROVISIONS FOR LIABILITIES
31.10.17 31.10.16
£    £   
Deferred tax 19,681 12,720

Deferred
tax
£   
Balance at 1 November 2016 12,720
Provided during year 6,961
Balance at 31 October 2017 19,681

This is in respect of accelerated capital allowances

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.17 31.10.16
value: £    £   
40,002 Ordinary £1 40,002 40,002

A.A. HENTON & SON (STEEL FABRICATIONS)
LIMITED (REGISTERED NUMBER: 01424002)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2017

12. ULTIMATE CONTROLLING PARTY

The director Arthur W Henton controls the company indirectly as a result of having a controlling interest in the
issued ordinary share capital of the parent company.

The immediate and ultimate parent of the company is Jenner Holdings Ltd, a company registered in England
whose registered office is 12 Wood Lane,Norton Juxta Twycross, Atherstone, Warwickshire CV9 3QB.

13. FIRST YEAR ADOPTION

These are the first statements that comply with FRS 102 Section 1A. The company transitioned to FRS 102
Section 1A on 1 November 2015.

There are no adjustments arising on transition.