K.w. Reader & Sons Limited in South Shields, NE33 2LD

Description

Data updated on: 01-11-2023

This business is located in South Shields under the ID 02709454. The firm was started in the year 1992. The main office of this company is situated at The Dunes Sea Road. The post code is NE33 2LD. This firm's SIC code is 93290 and has the NACE code: Other amusement and recreation activities n.e.c.. The business latest filed accounts documents were submitted for the period up to 30th April 2023 and the most recent annual confirmation statement was filed on 24th April 2023.

As stated, this business was incorporated in 1992-04-24 and has been steered by two directors.

Kenneth R. is the individual who controls this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-04-30	2018-04-30	2019-04-30	2020-04-30	2021-04-30	2022-04-30	2023-04-30
Currency

Balance Sheet
Cash Bank On Hand	53 741	55 216	57 616	23 990	49 462	185 293	357 062
Current Assets	188 004	171 870	213 745	97 022	131 679	268 398	501 686
Debtors	92 831	77 269	116 967	39 320	56 428	45 758	108 008
Net Assets Liabilities	1 455 510	1 340 565	1 392 578	1 727 566	1 719 340	2 268 406	2 651 630
Other Debtors	8 670	16 431	20 861	34 518	41 605	39 943	62 300
Property Plant Equipment	5 296 634	4 928 104	4 843 223	5 049 533	4 942 542	5 323 663	5 271 410
Total Inventories	41 432	39 385	39 162	33 712	25 789	37 347	36 616

Other Financial Data
Audit Fees Expenses	6 000
Accrued Liabilities Deferred Income	45 157	44 374	72 109	29 690
Accumulated Amortisation Impairment Intangible Assets	86 000	41 000	41 000	41 000	41 000	41 000	41 000
Accumulated Depreciation Impairment Property Plant Equipment	2 702 688	2 835 080	2 948 238	3 075 757	3 190 236	3 323 141	3 498 544
Additions Other Than Through Business Combinations Property Plant Equipment		56 307	84 327	53 042	32 145	532 421	158 055
Administrative Expenses	1 469 941	1 501 027	1 474 486	1 381 445
Amortisation Rate Used For Intangible Assets		5	5	5	5	5	5
Amounts Owed To Associates Joint Ventures Participating Interests	259 959	345 643	378 297	392 274
Amounts Owed To Directors	235 557	159 835	166 454	135 717
Amounts Owed To Group Undertakings	1	1	1	1
Amounts Owed To Group Undertakings Participating Interests				392 275	393 898	373 898	379 655
Amounts Owed To Other Related Parties Other Than Directors	101 377	88 480	90 105	34 000	19 185	39 013	14 185
Applicable Tax Rate	20	19	19	19
Average Number Employees During Period	65	65	69	35	35	48	48
Bank Borrowings Overdrafts	475 225	411 045	452 568	121 349	333 638	173 208	181 239
Bank Overdrafts	315 605	245 070	280 378	121 349
Cash Cash Equivalents	-261 864	-189 854	-222 762	-97 359
Cash Cash Equivalents Cash Flow Value	-261 864	-189 854	-222 762	-97 359
Comprehensive Income Expense	26 315	-104 945	56 013	338 988
Corporation Tax Payable	417	21 343	35 924	42 559	49 385	26 222	119 172
Cost Sales	665 700	665 431	600 565	519 394
Creditors	1 141 922	1 208 776	1 318 457	867 891	996 515	1 070 397	1 012 796
Current Tax For Period	417	21 343	21 581	20 978
Decrease Through Discontinued Operations Intangible Assets		45 000
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	8 528	-7 946	-7 528	-12 443
Deferred Tax Liabilities	251 151	243 205	235 677	223 234
Depreciation Expense Property Plant Equipment	181 448	161 350	149 482	141 564
Depreciation Rate Used For Property Plant Equipment		25	25	25	25	25	25
Disposals Decrease In Depreciation Impairment Property Plant Equipment		28 958	36 324	14 045	13 598	6 284	30 550
Disposals Property Plant Equipment		137 445	56 050	19 213	24 657	18 395	34 905
Dividends Paid Classified As Financing Activities	10 000	10 000	4 000	4 000
Dividends Paid On Shares	10 000	10 000	4 000	4 000
Finance Lease Liabilities Present Value Total	61 301	45 143	49 102	41 816
Finance Lease Payments Owing Minimum Gross	130 435	69 134	102 877	55 598
Finished Goods	41 432	39 385	39 162	33 712
Fixed Assets	5 296 635	4 928 105	4 843 224	5 049 534	4 942 543	5 323 664	5 271 411
Further Item Increase Decrease In Amortisation Impairment Intangible Assets Component Corresponding Total		-45 000
Future Minimum Lease Payments Under Non-cancellable Operating Leases	236 000	206 500	177 000	147 500	118 000	88 500	59 000
Gain Loss In Cash Flows From Change In Accrued Items	-9 399	-783	27 735	-42 419
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-87 103	2 219	-70 260	-93 967
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-5 226	15 562	-39 698	77 647
Gain Loss In Cash Flows From Change In Inventories	2 818	2 047	223	5 450
Gain Loss On Disposals Property Plant Equipment	592	10 313	-6 426	-1 668
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income	-72 125	-165 000		300 000
Gross Profit Loss	1 678 723	1 641 929	1 613 524	1 458 694
Income Taxes Paid Refund Classified As Operating Activities		417	7 000	14 343
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-45 083	72 010	-32 908	125 403
Increase Decrease In Net Debt From Cash Flows				-69 581
Increase From Depreciation Charge For Year Property Plant Equipment		161 350	149 482	141 564	128 077	139 189	205 953
Intangible Assets Gross Cost	86 000	41 000	41 000	41 000	41 000	41 000	41 000
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	114 440	106 312	102 945	101 352
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	31 003	11 716	11 504	9 414
Interest Paid Classified As Operating Activities	165 476	128 403	120 395	111 674
Interest Payable Similar Charges Finance Costs	165 476	128 403	120 395	111 674
Investments	1	-164 999	-164 999	1	1	1	-164 999
Investments Fixed Assets	1	1	1	1	1	1	1
Investments In Group Undertakings	1	1	1	-164 999	1	-164 999	1
Net Cash Flows From Used In Financing Activities	-129 789	-223 600	-98 855	51 822
Net Cash Flows From Used In Investing Activities	-104 625	52 493	-71 027	-49 542
Net Cash Flows From Used In Operating Activities	189 331	243 117	136 974	123 123
Net Cash Generated From Operations	354 807	371 937	264 369	249 140
Net Current Assets Liabilities	-953 918	-1 036 906	-1 104 712	-770 869	-864 836	-801 999	-511 110
Net Debt Funds			2 920 659	2 851 078
Net Deferred Tax Liability Asset	-4 162	243 205	235 677	223 234
Number Shares Issued Fully Paid	100	100	100	100
Operating Profit Loss	272 861	201 855	190 461	159 197
Other Creditors	15 532	5 401	12 838	15 108	68 105	83 618	99 649
Other Finance Costs	20 033	10 375	5 946	908
Other Operating Income Format1	64 079	60 953	51 423	81 948
Other Remaining Operating Income				42 260
Other Taxation Social Security Payable	67 853	65 924	87 446	29 500	7 253	17 408	135 915
Par Value Share		1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	79 627	61 301	-33 743	47 279
Pension Costs Defined Contribution Plan	6 643	5 204	9 666	9 744
Pension Other Post-employment Benefit Costs Other Pension Costs	18 643	17 204	21 666	21 744
Prepayments Accrued Income	43 946	25 525	27 595	30 022
Proceeds From Borrowings Classified As Financing Activities	-67 940	-237 983	-161 252	89 124
Proceeds From Loans Advances To Associates Joint Ventures Participating Interests Classified As Financing Activities	27 778	85 684	32 654	13 977
Proceeds From Sales Property Plant Equipment	20 200	108 800	13 300	3 500
Profit Loss	98 440	60 055	56 013	38 988
Profit Loss On Ordinary Activities Before Tax	107 385	73 452	70 066	47 523
Property Plant Equipment Gross Cost	7 999 322	7 763 184	7 791 461	8 125 290	8 132 778	8 646 804	8 769 954
Provisions	251 151	243 205	235 677	223 234
Purchase Property Plant Equipment	124 825	56 307	84 327	53 042
Rental Leasing Income	64 079	60 953	51 423	39 688
Revenue From Rendering Services	2 344 423	2 307 360	2 214 089	1 978 088
Social Security Costs	30 574	32 045	30 773	29 958
Staff Costs Employee Benefits Expense	734 269	685 839	687 601	688 880
Taxation Including Deferred Taxation Balance Sheet Subtotal	251 151	243 205	235 677	223 234	208 168	285 039	366 582
Tax Decrease From Utilisation Tax Losses	24 160	4 162
Tax Expense Credit Applicable Tax Rate	21 477	13 956	26 195	9 030
Tax Increase Decrease From Effect Capital Allowances Depreciation	2 413	10 208	7 529	12 443
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	687	1 341	740	-495
Tax Increase Decrease From Other Short-term Timing Differences	8 528	-7 946	-7 528	-12 443
Tax Tax Credit On Profit Or Loss On Ordinary Activities	8 945	13 397	14 053	8 535
Total Assets Less Current Liabilities	4 342 717	3 891 199	3 738 512	4 278 665	4 077 707	4 521 665	4 760 301
Total Increase Decrease From Revaluations Property Plant Equipment		-155 000		300 000
Trade Creditors Trade Payables	115 100	181 422	140 067	161 594	125 051	357 030	82 981
Trade Debtors Trade Receivables	40 215	35 313	68 511	4 802	14 823	5 815	45 708
Turnover Revenue	2 344 423	2 307 360	2 214 089	1 978 088
Unused Provision Reversed		7 946	7 528	12 443
Wages Salaries	685 052	636 590	635 162	637 178
Advances Credits Directors	235 557	159 835	166 454	135 717
Advances Credits Made In Period Directors	169 266	10 086	110 300
Advances Credits Repaid In Period Directors	82 055	85 808	103 681
Company Contributions To Money Purchase Plans Directors	12 000	12 000	12 000	12 000
Number Directors Accruing Benefits Under Money Purchase Scheme	2	2	2	2

Company staff

Gillian R.

Role: Director

Appointed: 01 May 1995

Latest update: 28 January 2024

Kenneth R.

Role: Director

Appointed: 24 April 1992

Latest update: 28 January 2024

Gillian R.

Role: Secretary

Appointed: 24 April 1992

Latest update: 28 January 2024

People with significant control

Kenneth R.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	31 January 2025
Account last made up date	30 April 2023
Confirmation statement next due date	08 May 2024
Confirmation statement last made up date	24 April 2023

Annual Accounts
Start Date For Period Covered By Report	2017-05-01
End Date For Period Covered By Report	30 April 2018
Annual Accounts
Start Date For Period Covered By Report	2018-05-01
End Date For Period Covered By Report	30 April 2019
Annual Accounts
Start Date For Period Covered By Report	2019-05-01
End Date For Period Covered By Report	30 April 2020
Annual Accounts
Start Date For Period Covered By Report	2020-05-01
End Date For Period Covered By Report	30 April 2021
Annual Accounts
Start Date For Period Covered By Report	2021-05-01
End Date For Period Covered By Report	30 April 2022
Annual Accounts
Start Date For Period Covered By Report	2022-05-01
End Date For Period Covered By Report	30 April 2023

K.w. Reader & Sons Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Gillian R.

Kenneth R.

Gillian R.

London Law Secretarial Limited

London Law Services Limited

People with significant control

Kenneth R.

Accounts Documents

Company filings

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