Sci-Gall Fabrication Limited 05749898 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is metal work fabrications. Digita Accounts Production Advanced 6.30.9574.0 true 05749898 2022-04-01 2023-03-31 05749898 2023-03-31 05749898 core:RetainedEarningsAccumulatedLosses 2023-03-31 05749898 core:ShareCapital 2023-03-31 05749898 core:CurrentFinancialInstruments 2023-03-31 05749898 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 05749898 core:FurnitureFittingsToolsEquipment 2023-03-31 05749898 core:MotorVehicles 2023-03-31 05749898 core:OtherPropertyPlantEquipment 2023-03-31 05749898 bus:SmallEntities 2022-04-01 2023-03-31 05749898 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 05749898 bus:FullAccounts 2022-04-01 2023-03-31 05749898 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 05749898 bus:RegisteredOffice 2022-04-01 2023-03-31 05749898 bus:Director1 2022-04-01 2023-03-31 05749898 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 05749898 core:FurnitureFittings 2022-04-01 2023-03-31 05749898 core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 05749898 core:MotorVehicles 2022-04-01 2023-03-31 05749898 core:OtherPropertyPlantEquipment 2022-04-01 2023-03-31 05749898 core:PlantMachinery 2022-04-01 2023-03-31 05749898 countries:EnglandWales 2022-04-01 2023-03-31 05749898 2022-03-31 05749898 core:FurnitureFittingsToolsEquipment 2022-03-31 05749898 core:MotorVehicles 2022-03-31 05749898 core:OtherPropertyPlantEquipment 2022-03-31 05749898 2021-04-01 2022-03-31 05749898 2022-03-31 05749898 core:RetainedEarningsAccumulatedLosses 2022-03-31 05749898 core:ShareCapital 2022-03-31 05749898 core:CurrentFinancialInstruments 2022-03-31 05749898 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 05749898 core:FurnitureFittingsToolsEquipment 2022-03-31 05749898 core:MotorVehicles 2022-03-31 05749898 core:OtherPropertyPlantEquipment 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 05749898

Sci-Gall Fabrication Limited

Unaudited Financial Statements

for the Year Ended 31 March 2023

 

Sci-Gall Fabrication Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 5

 

Sci-Gall Fabrication Limited

(Registration number: 05749898)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

23,449

9,604

Current assets

 

Debtors

5

14,810

28,963

Cash at bank and in hand

 

102,473

105,755

 

117,283

134,718

Creditors: Amounts falling due within one year

6

(58,024)

(66,984)

Net current assets

 

59,259

67,734

Total assets less current liabilities

 

82,708

77,338

Provisions for liabilities

(4,455)

(1,825)

Net assets

 

78,253

75,513

Capital and reserves

 

Called up share capital

1

1

Retained earnings

78,252

75,512

Shareholders' funds

 

78,253

75,513

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

 

Sci-Gall Fabrication Limited

(Registration number: 05749898)
Balance Sheet as at 31 March 2023

Approved and authorised by the director on 5 October 2023
 

.........................................
S Gallagher
Director

 

Sci-Gall Fabrication Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

 

Sci-Gall Fabrication Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture, fittings and equipment

20% straight line basis

Motor vehicles

20% reducing balance basis

Other tangible assets

20% straight line basis

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

 

Sci-Gall Fabrication Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 April 2022

947

18,000

34,329

53,276

Additions

391

-

19,688

20,079

At 31 March 2023

1,338

18,000

54,017

73,355

Depreciation

At 1 April 2022

946

13,281

29,445

43,672

Charge for the year

78

944

5,212

6,234

At 31 March 2023

1,024

14,225

34,657

49,906

Carrying amount

At 31 March 2023

314

3,775

19,360

23,449

At 31 March 2022

1

4,719

4,884

9,604

5

Debtors

Current

2023
£

2022
£

Trade debtors

9,650

27,147

Other debtors

5,160

1,816

 

14,810

28,963

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

6,492

13,811

Taxation and social security

408

3,801

Other creditors

51,124

49,372

58,024

66,984