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REGISTERED NUMBER: 07386989 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

SUPERIOR REFURBISHMENTS UK LIMITED

SUPERIOR REFURBISHMENTS UK LIMITED (REGISTERED NUMBER: 07386989)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Chartered Certified Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


SUPERIOR REFURBISHMENTS UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: A W Dean
Mrs C Dean



REGISTERED OFFICE: 10 Station Court
Station Approach
Wickford
Essex
SS11 7AT



BUSINESS ADDRESS: Unit 12
Newlands End
Basildon
Essex
SS15 6DU



REGISTERED NUMBER: 07386989 (England and Wales)



ACCOUNTANTS: Lescott Limited
Chartered Certified Accountant
10 Station Court
Station Approach
Wickford
Essex
SS11 7AT



BANKERS: HSBC Plc
109 High Street
Billericay
Essex
CM12 9AN

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SUPERIOR REFURBISHMENTS UK LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Superior Refurbishments UK Limited for the year ended 31 March 2022 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Superior Refurbishments UK Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Superior Refurbishments UK Limited and state those matters that we have agreed to state to the Board of Directors of Superior Refurbishments UK Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Superior Refurbishments UK Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Superior Refurbishments UK Limited. You consider that Superior Refurbishments UK Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Superior Refurbishments UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lescott Limited
Chartered Certified Accountant
10 Station Court
Station Approach
Wickford
Essex
SS11 7AT


29 July 2022

SUPERIOR REFURBISHMENTS UK LIMITED (REGISTERED NUMBER: 07386989)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 191,656 167,577

CURRENT ASSETS
Stocks 43,112 34,625
Debtors 6 750,552 341,926
Cash at bank and in hand 478,209 642,853
1,271,873 1,019,404
CREDITORS
Amounts falling due within one year 7 622,509 454,394
NET CURRENT ASSETS 649,364 565,010
TOTAL ASSETS LESS CURRENT
LIABILITIES

841,020

732,587

PROVISIONS FOR LIABILITIES 36,409 31,638
NET ASSETS 804,611 700,949

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 804,511 700,849
SHAREHOLDERS' FUNDS 804,611 700,949

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

SUPERIOR REFURBISHMENTS UK LIMITED (REGISTERED NUMBER: 07386989)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 29 July 2022 and were signed on its behalf by:





A W Dean - Director


SUPERIOR REFURBISHMENTS UK LIMITED (REGISTERED NUMBER: 07386989)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

Superior Refurbishments UK 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.
Short leasehold - in accordance with the property
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


SUPERIOR REFURBISHMENTS UK LIMITED (REGISTERED NUMBER: 07386989)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2021 - 8 ) .

5. TANGIBLE FIXED ASSETS
Short Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2021 7,543 316,106 - 8,037 331,686
Additions - 32,412 51,696 953 85,061
At 31 March 2022 7,543 348,518 51,696 8,990 416,747
DEPRECIATION
At 1 April 2021 6,480 153,814 - 3,815 164,109
Charge for year 1,031 47,056 10,339 2,556 60,982
At 31 March 2022 7,511 200,870 10,339 6,371 225,091
NET BOOK VALUE
At 31 March 2022 32 147,648 41,357 2,619 191,656
At 31 March 2021 1,063 162,292 - 4,222 167,577

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 546,686 227,688
Amounts owed by group undertakings 98,500 -
Other debtors 105,366 114,238
750,552 341,926

SUPERIOR REFURBISHMENTS UK LIMITED (REGISTERED NUMBER: 07386989)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 1,964 192
Trade creditors 246,777 286,489
Taxation and social security 53,671 95,041
Other creditors 320,097 72,672
622,509 454,394

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary £1 100 100

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within creditors; Amounts due within one year, is an amount of £520 due to the director A W Dean (2021 £520..)

10. ULTIMATE CONTROLLING PARTY

The controlling party is T&C Group Holdings (UK) Ltd.

The ultimate controlling party is A W Dean.

11. GOING CONCERN

The director has reviewed the company's position with regard to the impact of COVID-19. The director is satisfied that given the value of contracts that the company currently holds it will be able to continue trading profitably and has no doubts regarding the company's ability as a going concern.