Registered number: 06752547 | ||||||||
FOR THE YEAR ENDED 30/04/2023 | ||||||||
Prepared By: | ||||||||
Victor Stewart |
2 Start Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/04/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Hampshire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 06752547 | ||||||||
ACCOUNTANTS | ||||||||
Victor Stewart |
2 Start Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/04/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
2 Start Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
830,509 | 1,400,199 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 327,471 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Profit and loss account | 333,143 | 390,054 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
2 Start Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/04/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | 25% | |||||||
Fixtures and Fittings | 25% | |||||||
Equipment | 25% |
1c. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1e. Goodwill | ||||||||
1f. Government Grants Deferred | ||||||||
Government grants received are treated as deferred credits and credited to profit and loss account over the estimated useful life of the relevant fixed assets. |
2 Start Limited | ||||||||
2. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 01/05/2022 | 10,000 | 10,000 | ||
At 30/04/2023 | 10,000 | 10,000 | ||
Depreciation | ||||
At 01/05/2022 | 10,000 | 10,000 | ||
At 30/04/2023 | 10,000 | 10,000 | ||
Net Book Amounts | ||||
At 30/04/2023 | ||||
3. TANGIBLE FIXED ASSETS | ||||||||
Plant and | Fixtures | |||||||
Machinery | and Fittings | Equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/05/2022 | 20,596 | 131,163 | 56,839 | 208,598 | ||||
Additions | 15,506 | 1,195 | 8,923 | 25,624 | ||||
At 30/04/2023 | 36,102 | 132,358 | 65,762 | 234,222 | ||||
Depreciation | ||||||||
At 01/05/2022 | 14,554 | 88,352 | 34,465 | 137,371 | ||||
For the year | 5,387 | 11,001 | 7,824 | 24,212 | ||||
At 30/04/2023 | 19,941 | 99,353 | 42,289 | 161,583 | ||||
Net Book Amounts | ||||||||
At 30/04/2023 | 72,639 | |||||||
At 30/04/2022 | 71,227 | |||||||
4. INVESTMENT PROPERTIES | ||||
Investment | ||||
Properties | Total | |||
£ | £ | |||
Fair value | ||||
Additions | 405,000 | 405,000 | ||
Disposals | (405,000) | (405,000) | ||
At 30/04/2023 | - | - | ||
2 Start Limited | ||||||||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 194,125 | 598,653 | ||||||
Other debtors | 61,793 | 38,688 | ||||||
Prepayments | 56,914 | 45,519 | ||||||
Directors current account | - | 1,380 | ||||||
Directors current account | - | 2,300 | ||||||
312,832 | 686,540 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Corporation tax | 14,383 | 77,263 | ||||||
VAT | 53,787 | 106,041 | ||||||
PAYE | 34,047 | 28,939 | ||||||
Directors current account | - | 1,619 | ||||||
Payments received on account | 372,173 | 674,292 | ||||||
Trade creditors | 82,807 | 175,068 | ||||||
Other creditors | 4,440 | 2,935 | ||||||
Accruals and accrued income | 968 | 6,571 | ||||||
562,605 | 1,072,728 | |||||||
7. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 33 | |||||
8. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Pensions | 7,296 | 8,540 | ||||||
7,296 | 8,540 | |||||||
2 Start Limited | ||||||||
9. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
1 | 1 | |||||||
1 | 1 | |||||||
1 | 1 | |||||||
1 | 1 | |||||||
104 | 104 | |||||||
10. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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