Company Registration No. 07572338 (England and Wales)
SUPER SLITTERS LIMITED
Unaudited accounts
for the year ended 30 September 2021
SUPER SLITTERS LIMITED
Unaudited accounts
Contents
SUPER SLITTERS LIMITED
Company Information
for the year ended 30 September 2021
Company Number
07572338 (England and Wales)
Registered Office
UNIT 33 LESSARNA COURT
BOWLING BACK LANE
BRADFORD
WEST YORKSHIRE
BD4 8ST
Accountants
Mayden Group Limited
Chartered Certified Accountants
114-116 Manningham Lane
Bradford
West Yorkshire
BD8 7JF
SUPER SLITTERS LIMITED
Statement of financial position
as at 30 September 2021
Tangible assets
369,373
250,908
Inventories
360,610
90,656
Debtors
1,232,966
1,132,431
Cash at bank and in hand
(39,441)
290,527
Creditors: amounts falling due within one year
(910,452)
(852,325)
Net current assets
643,683
661,289
Total assets less current liabilities
1,013,056
912,197
Creditors: amounts falling due after more than one year
(60,565)
(72,106)
Net assets
952,491
840,091
Called up share capital
100
100
Profit and loss account
952,391
839,991
Shareholders' funds
952,491
840,091
For the year ending 30 September 2021 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 his 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 24 May 2021 and were signed on its behalf by
Sanaullah Mir
Director
Company Registration No. 07572338
SUPER SLITTERS LIMITED
Notes to the Accounts
for the year ended 30 September 2021
SUPER SLITTERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07572338. The registered office is UNIT 33 LESSARNA COURT, BOWLING BACK LANE, BRADFORD, WEST YORKSHIRE, BD4 8ST.
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.
Change of Accounting Period
Company's accounting period has been extended this year and reporting figures are for 18 months. Last year comparatives show 12 month figures.
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
10% reducing balance method.
Motor vehicles
15% reducing balance method.
Fixtures & fittings
10% reducing balance method.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2020
282,280
64,119
4,584
350,983
Additions
196,040
-
3,215
199,255
Disposals
(42,000)
-
-
(42,000)
At 30 September 2021
436,320
64,119
7,799
508,238
At 1 October 2020
68,345
31,060
670
100,075
Charge for the year
40,119
4,959
712
45,790
On disposals
(7,000)
-
-
(7,000)
At 30 September 2021
101,464
36,019
1,382
138,865
At 30 September 2021
334,856
28,100
6,417
369,373
At 30 September 2020
213,935
33,059
3,914
250,908
SUPER SLITTERS LIMITED
Notes to the Accounts
for the year ended 30 September 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
492,786
802,874
Other debtors
740,180
266,650
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
732,054
668,037
Taxes and social security
148,668
162,505
Other creditors
27,161
18,866
Loans from directors
2,569
417
7
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
12,340
22,106
8
Transactions with related parties
MSU BFD owes £203,028
MSU properties owes £874,014
9
Average number of employees
During the year the average number of employees was 9 (2020: 12).