Company Registration No. 11587313 (England and Wales)
South Oxfordshire Plastering Limited
Unaudited accounts
for the year ended 30 September 2023
South Oxfordshire Plastering Limited
Unaudited accounts
Contents
South Oxfordshire Plastering Limited
Company Information
for the year ended 30 September 2023
Company Number
11587313 (England and Wales)
Registered Office
54 SLADE ROAD
DIDCOT
OX11 7AT
UNITED KINGDOM
Accountants
J JENKIN & ASSOCIATES LIMITED
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
South Oxfordshire Plastering Limited
Accountants' report
Accountants' report to the director of South Oxfordshire Plastering Limited on the preparation of the unaudited statutory accounts for the year ended 30 September 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
South Oxfordshire Plastering Limited for the year ended
30 September 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of South Oxfordshire Plastering Limited, as a body, in accordance with the terms of our engagement letter dated 30 November 2018. Our work has been undertaken solely to prepare for your approval the accounts of South Oxfordshire Plastering Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than South Oxfordshire Plastering Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that South Oxfordshire Plastering Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of South Oxfordshire Plastering Limited. You consider that South Oxfordshire Plastering Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of South Oxfordshire Plastering Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
J JENKIN & ASSOCIATES LIMITED
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
17 October 2023
South Oxfordshire Plastering Limited
Statement of financial position
as at 30 September 2023
Tangible assets
4,624
6,165
Cash at bank and in hand
27,963
17,635
Creditors: amounts falling due within one year
(10,194)
(9,258)
Net current assets
24,534
15,634
Profit and loss account
29,158
21,799
Shareholders' funds
29,158
21,799
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 18 October 2023 and were signed on its behalf by
Mr Gordon Daly
Director
Company Registration No. 11587313
South Oxfordshire Plastering Limited
Notes to the Accounts
for the year ended 30 September 2023
South Oxfordshire Plastering Limited is a private company, limited by shares, registered in England and Wales, registration number 11587313. The registered office is 54 SLADE ROAD, DIDCOT, OX11 7AT, UNITED KINGDOM.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2022
7,795
9,304
17,099
At 30 September 2023
7,795
9,304
17,099
At 1 October 2022
4,575
6,359
10,934
Charge for the year
805
736
1,541
At 30 September 2023
5,380
7,095
12,475
At 30 September 2023
2,415
2,209
4,624
At 30 September 2022
3,220
2,945
6,165
South Oxfordshire Plastering Limited
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
6,686
4,129
Loans from directors
2,308
3,929
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).