SUB DIMENSION LTD

Company Registration Number:
10865986 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

SUB DIMENSION LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

SUB DIMENSION LTD

Balance sheet

As at 31 May 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 77,039 0
Total fixed assets: 77,039 0
Current assets
Stocks: 104,421 105,304
Debtors:   162,535 53,655
Cash at bank and in hand: 56,867 63,719
Total current assets: 323,823 222,678
Creditors: amounts falling due within one year:   (234,757) (241,923)
Net current assets (liabilities): 89,066 (19,245)
Total assets less current liabilities: 166,105 (19,245)
Creditors: amounts falling due after more than one year:   (10,762) (14,173)
Provision for liabilities: (4,477)
Total net assets (liabilities): 150,866 (33,418)
Capital and reserves
Called up share capital: 300 300
Profit and loss account: 150,566 (33,718)
Shareholders funds: 150,866 (33,418)

The notes form part of these financial statements

SUB DIMENSION LTD

Balance sheet statements

For the year ending 31 May 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 August 2023
and signed on behalf of the board by:

Name: J Hamilton
Status: Director

The notes form part of these financial statements

SUB DIMENSION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods suppliedand services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership havetransferred to the buyer (usually on despatch of the goods); the amount of revenue can be measuredreliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurredor to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,over the useful economic life of that asset as follows:Plant and machinery - 15% reducing balanceMotor vehicles - 25% straight line If there is an indication that there has been a significant change in depreciation rate, useful life orresidual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Other accounting policies

StocksStocks are measured at the lower of cost and estimated selling price less costs to complete and sell.Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocksto their present location and conditionDefined contribution plansContributions to defined contribution plans are recognised as an expense in the period in which therelated service is provided. Prepaid contributions are recognised as an asset to the extent that theprepayment will lead to a reduction in future payments or a cash refund.When contributions are not expected to be settled wholly within 12 months of the end of the reportingdate in which the employees render the related service, the liability is measured on a discountedpresent value basis. The unwinding of the discount is recognised in finance costs in profit or loss in theperiod in which it arises.

SUB DIMENSION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 7 5

SUB DIMENSION LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible Assets

Total
Cost £
At 01 June 2022 0
Additions 83,553
At 31 May 2023 83,553
Depreciation
At 01 June 2022 0
Charge for year 6,514
At 31 May 2023 6,514
Net book value
At 31 May 2023 77,039
At 31 May 2022 0