Company Registration No. 11766877 (England and Wales)
Allbright Limited
Unaudited accounts
for the year ended 31 January 2023
Allbright Limited
Unaudited accounts
Contents
Allbright Limited
Company Information
for the year ended 31 January 2023
Company Number
11766877 (England and Wales)
Registered Office
20 FELPHAM ROAD
BOGNOR REGIS
West Sussex
PO22 7AZ
UNITED KINGDOM
Accountants
TILLEYS ACCOUNTANCY LIMITED
Bizspace
Unit 31 Courtwick Lane
Littlehampton
West Sussex
BN17 7TL
Allbright Limited
Statement of financial position
as at 31 January 2023
Tangible assets
55,228
29,525
Cash at bank and in hand
151,421
182,517
Creditors: amounts falling due within one year
(141,098)
(89,443)
Net current assets
184,672
125,056
Total assets less current liabilities
239,900
154,581
Creditors: amounts falling due after more than one year
(26,042)
(38,640)
Net assets
213,858
115,941
Called up share capital
100
100
Profit and loss account
213,758
115,841
Shareholders' funds
213,858
115,941
For the year ending 31 January 2023 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 31 July 2023 and were signed on its behalf by
Josh Clayton
Director
Company Registration No. 11766877
Allbright Limited
Notes to the Accounts
for the year ended 31 January 2023
Allbright Limited is a private company, limited by shares, registered in England and Wales, registration number 11766877. The registered office is 20 FELPHAM ROAD, BOGNOR REGIS, West Sussex, PO22 7AZ, UNITED KINGDOM.
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.
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:
Motor vehicles
Depreciation at 20% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Allbright Limited
Notes to the Accounts
for the year ended 31 January 2023
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,648
10,648
Obligations under finance leases and hire purchase contracts
2,950
2,666
Trade creditors
36,148
30,591
Taxes and social security
36,337
34,671
Other creditors
46,987
159
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
1,851
4,801
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
-
19,609
-
19,609
The Directors Loan is undated, unsecured and interest free Advances
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).