Company registration number:
NI643830
B & S Tool Supplies Ltd
Unaudited filleted financial statements
31 January 2023
B & S Tool Supplies Ltd
Contents
Directors and other information
Statement of financial position and notes to the financial statements
B & S Tool Supplies Ltd
Directors and other information
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Directors |
Mr Peter Speirs |
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Mrs Shauna Speirs |
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Company number |
NI643830 |
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Registered office |
84-86 Rainey Street |
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Magherafelt |
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Derry |
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BT45 5AH |
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B & S Tool Supplies Ltd
Statement of financial position
31 January 2023
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2023 |
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2022 |
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£ |
£ |
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£ |
£ |
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Fixed assets |
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37,856 |
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44,926 |
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_______ |
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_______ |
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Current assets |
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297,603 |
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313,529 |
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Prepayments and accrued income |
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192 |
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331 |
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_______ |
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_______ |
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297,795 |
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313,860 |
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Creditors: amounts falling due within one year |
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(
202,698) |
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(
228,977) |
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_______ |
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_______ |
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Net current assets |
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95,097 |
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84,883 |
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_______ |
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Total assets less current liabilities |
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132,953 |
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129,809 |
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Accruals and deferred income |
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(
4,462) |
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(
2,435) |
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_______ |
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Net assets |
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128,491 |
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127,374 |
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_______ |
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Capital and reserves |
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128,491 |
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127,374 |
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_______ |
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Notes to the financial statements
B & S Tool Supplies Ltd
Year ended 31 January 2023
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
4
(2022:
4
).
2.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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2023 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Mr Peter Speirs |
(
108,447) |
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- |
(
108,447) |
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Mr Michael Bates |
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- |
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- |
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_______ |
_______ |
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2022 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Mr Peter Speirs |
(
55,132) |
(
53,692) |
377 |
(
108,447) |
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Mr Michael Bates |
(
51,203) |
51,203 |
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- |
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_______ |
_______ |
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(
106,335) |
(
2,489) |
377 |
(
108,447) |
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Included in creditors is a loan from the director Peter Speirs. It is an interest free loan and repayable on demand. The balance owed to Peter Speirs at 31 Jan 2023 was £108,447. (31 Jan 22 £108,447).
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.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
11 October 2023
, and are signed on behalf of the board by:
Mr Peter Speirs
Director
Company registration number:
NI643830
The company is a private company limited by shares, registered in N.Ireland.