HIGH SPEC DOOR SOLUTIONS LIMITED

Company Registration Number:
10718681 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2023

Period of accounts

Start date: 01 May 2022

End date: 30 April 2023

HIGH SPEC DOOR SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

HIGH SPEC DOOR SOLUTIONS LIMITED

Company Information

for the Period Ended 30 April 2023




Director: Danny Spencer Howes
Registered office: Flat 3
20 London Road
Cowplain
Waterlooville
England
PO8 8EL
Company Registration Number: 10718681 (England and Wales)

HIGH SPEC DOOR SOLUTIONS LIMITED

Balance sheet

As at 30 April 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 9,863 13,151
Total fixed assets: 9,863 13,151
Current assets
Stocks: 0
Debtors: 49,514 42,998
Cash at bank and in hand: 1,706 1,458
Total current assets: 51,220 44,456
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 13,834 ) ( 44,872 )
Net current assets (liabilities): 37,386 ( 416 )
Total assets less current liabilities: 47,249 12,735
Creditors: amounts falling due after more than one year: ( 20,620 ) ( 14,067 )
Provision for liabilities: ( 1,874 ) ( 2,499 )
Total net assets (liabilities): 24,755 ( 3,831 )

The notes form part of these financial statements

HIGH SPEC DOOR SOLUTIONS LIMITED

Balance sheet continued

As at 30 April 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 24,655 ( 3,931 )
Shareholders funds: 24,755 ( 3,831 )

For the year ending 30 April 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 16 October 2023
And Signed On Behalf Of The Board By:

Name: Danny Spencer Howes
Status: Director

The notes form part of these financial statements

HIGH SPEC DOOR SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    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 derived from the ordinary activities of the business and is stated net of value added tax and discounts.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
    Fixtures and fittings - 25% on reducing balance
    Computer equipment - 33% on cost

    Other accounting policies

    Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised in respect of all timing difference that have originated but not reserved at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods difference from those in which they are recognised in financial statements. Deferred tax is measured using tax rate and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

HIGH SPEC DOOR SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

HIGH SPEC DOOR SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 3. Off balance sheet disclosure

    No

HIGH SPEC DOOR SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Tangible Assets

Total
Cost £
At 01 May 2022 18,400
Additions 0
Disposals (0)
Revaluations -
Transfers -
At 30 April 2023 18,400
Depreciation
At 01 May 2022 5,249
Charge for year 3,288
On disposals -
Other adjustments -
At 30 April 2023 8,537
Net book value
At 30 April 2023 9,863
At 30 April 2022 13,151

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost