Company Registration No. 09609966 (England and Wales)
CELTIC GRANITE SOLUTIONS LIMITED
Unaudited accounts
for the year ended 30 May 2023
CELTIC GRANITE SOLUTIONS LIMITED
Unaudited accounts
Contents
CELTIC GRANITE SOLUTIONS LIMITED
Company Information
for the year ended 30 May 2023
Director
Ryan Anthony Rawlings
Company Number
09609966 (England and Wales)
Registered Office
67 VALE BUSINESS PARK
LLANDOW
COWBRIDGE
CF71 7PF
WALES
Accountants
No Nonsense Accountancy Ltd
15 Cwrt Syr Dafydd
Llantwit Major
Vale of Glamorgan
CF61 2SR
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of CELTIC GRANITE SOLUTIONS LIMITED for the year ended 30 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
CELTIC GRANITE SOLUTIONS LIMITED for the year ended
30 May 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
No Nonsense Accountancy Ltd
Chartered Accountants
15 Cwrt Syr Dafydd
Llantwit Major
Vale of Glamorgan
CF61 2SR
21 September 2023
CELTIC GRANITE SOLUTIONS LIMITED
Statement of financial position
as at 30 May 2023
Tangible assets
75,905
95,383
Inventories
168,399
178,799
Cash at bank and in hand
(3,092)
(6,657)
Creditors: amounts falling due within one year
(159,870)
(172,499)
Net current assets
23,946
20,195
Total assets less current liabilities
99,851
115,578
Creditors: amounts falling due after more than one year
(23,475)
(48,459)
Called up share capital
100
100
Profit and loss account
76,276
67,019
Shareholders' funds
76,376
67,119
For the year ending 30 May 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 21 September 2023 and were signed on its behalf by
Ryan Anthony Rawlings
Director
Company Registration No. 09609966
CELTIC GRANITE SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 30 May 2023
CELTIC GRANITE SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09609966. The registered office is 67 VALE BUSINESS PARK, LLANDOW, COWBRIDGE, CF71 7PF, WALES.
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:
Plant & machinery
25% on Cost and 10% on Cost
Motor vehicles
25% on Cost
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 31 May 2022
103,738
55,760
10,651
2,213
172,362
Additions
5,720
-
-
307
6,027
At 30 May 2023
109,458
55,760
10,651
2,520
178,389
At 31 May 2022
37,629
33,088
4,628
1,634
76,979
Charge for the year
10,152
13,940
1,043
370
25,505
At 30 May 2023
47,781
47,028
5,671
2,004
102,484
At 30 May 2023
61,677
8,732
4,980
516
75,905
At 30 May 2022
66,109
22,672
6,023
579
95,383
CELTIC GRANITE SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 30 May 2023
Amounts falling due within one year
Trade debtors
17,857
8,374
Amounts due from group undertakings etc.
652
12,178
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,250
10,250
Obligations under finance leases and hire purchase contracts
9,763
15,823
Trade creditors
49,471
78,673
Taxes and social security
64,038
45,421
Other creditors
18,795
16,473
Loans from directors
(33,737)
(16,396)
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
17,876
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).