Company Registration No. 12895115 (England and Wales)
ALLSPEC GROUP LIMITED
Unaudited accounts
for the year ended 30 September 2023
ALLSPEC GROUP LIMITED
Unaudited accounts
Contents
ALLSPEC GROUP LIMITED
Company Information
for the year ended 30 September 2023
Company Number
12895115 (England and Wales)
Registered Office
88 PARSONAGE MANORWAY
BELVEDERE
DA8 3BX
ENGLAND
ALLSPEC GROUP LIMITED
Statement of financial position
as at 30 September 2023
Called up share capital not paid
1
-
Tangible assets
126,942
61,660
Cash at bank and in hand
36,457
90,429
Creditors: amounts falling due within one year
(511,994)
(603,746)
Net current liabilities
(92,447)
(52,029)
Called up share capital
1
1
Profit and loss account
34,495
9,630
Shareholders' funds
34,496
9,631
For the year ending 30 September 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 11 October 2023 and were signed on its behalf by
Lewis Pettitt
Director
Company Registration No. 12895115
ALLSPEC GROUP LIMITED
Notes to the Accounts
for the year ended 30 September 2023
ALLSPEC GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12895115. The registered office is 88 PARSONAGE MANORWAY, BELVEDERE, DA8 3BX, ENGLAND.
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.
These financial statements for the year ended 30 September 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2022
10,000
39,000
12,660
61,660
Additions
50,000
14,962
320
65,282
At 30 September 2023
60,000
53,962
12,980
126,942
At 30 September 2023
-
-
-
-
At 30 September 2023
60,000
53,962
12,980
126,942
At 30 September 2022
10,000
39,000
12,660
61,660
ALLSPEC GROUP LIMITED
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Trade debtors
126,026
101,891
Other debtors
173,064
305,397
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
411,225
519,196
Taxes and social security
68,581
40,986
Loans from directors
35,120
47,583
7
Average number of employees
During the year the average number of employees was 5 (2022: 4).