Steve Norman Furniture Restorers Ltd 06709406 Furniture restoration false 1 October 2022 06709406 2022-10-01 2023-09-30 06709406 2022-09-30 06709406 2023-09-30 06709406 2021-10-01 2022-09-30 06709406 2021-09-30 06709406 2022-09-30 06709406 frs102-bus:FRS102 2022-10-01 2023-09-30 06709406 frs102-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 06709406 frs102-bus:FullAccounts 2022-10-01 2023-09-30 06709406 frs102-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 06709406 frs102-core:CurrentFinancialInstruments 2023-09-30 06709406 frs102-core:CurrentFinancialInstruments 2022-09-30 06709406 frs102-core:Non-currentFinancialInstruments 2023-09-30 06709406 frs102-core:Non-currentFinancialInstruments 2022-09-30 06709406 frs102-core:ShareCapital 2023-09-30 06709406 frs102-core:ShareCapital 2022-09-30 06709406 frs102-core:RetainedEarningsAccumulatedLosses 2023-09-30 06709406 frs102-core:RetainedEarningsAccumulatedLosses 2022-09-30 06709406 frs102-bus:Director1 2022-10-01 2023-09-30 06709406 frs102-core:FurnitureFittings 2022-10-01 2023-09-30 06709406 frs102-core:Vehicles 2022-10-01 2023-09-30 06709406 frs102-core:PlantMachinery 2022-10-01 2023-09-30 06709406 frs102-core:NetGoodwill 2022-09-30 06709406 frs102-core:NetGoodwill 2023-09-30 06709406 frs102-core:NetGoodwill 2022-10-01 2023-09-30 06709406 frs102-core:NetGoodwill 2022-09-30 06709406 frs102-core:FurnitureFittings 2022-09-30 06709406 frs102-core:Vehicles 2022-09-30 06709406 frs102-core:PlantMachinery 2022-09-30 06709406 frs102-core:FurnitureFittings 2023-09-30 06709406 frs102-core:Vehicles 2023-09-30 06709406 frs102-core:PlantMachinery 2023-09-30 06709406 frs102-core:FurnitureFittings 2022-09-30 06709406 frs102-core:Vehicles 2022-09-30 06709406 frs102-core:PlantMachinery 2022-09-30 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
06709406
Steve Norman Furniture Restorers Ltd
Unaudited Accounts
for the year ended
30 September 2023
Steve Norman Furniture Restorers Ltd
Balance Sheet
as at 30 September 2023
Notes
2023
£
2022
£
Fixed assets
Intangible assets 5 4,733 6,333
Tangible assets 6 9,645 12,370
14,378 18,703
Current assets
Stocks 500 500
Debtors 7 8,987 12,532
Cash at bank and in hand 9,909 12,489
19,396 25,521
Creditors: amounts falling due within one year 8 (15,524) (15,440)
Net current assets / (liabilities) 3,872 10,081
Total assets less current liabilities 18,250 28,784
Creditors: amounts falling due after more than one year 9 (18,031) (28,490)
Provisions for liabilities (0) (0)
Total net assets (liabilities) 219 294
Capital and reserves
Called up share capital 2 2
Profit and loss account 217 292
Shareholders' funds 219 294

Steve Norman Furniture Restorers Ltd
Balance Sheet
as at 30 September 2023



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 30 September 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.

Signed on behalf of the board of directors

...............................

S Norman

Director


Approved by the board on 8 November 2023

Company Number: 06709406 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Unit C Station Road Industrial Estate
Elmswell
Bury St Edmunds
IP30 9HR
England

Steve Norman Furniture Restorers Ltd
Notes to the Accounts
for the year ended 30 September 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Fixtures & Fittings 25% Reducing Balance
Vehicles 25% Reducing Balance
Plant & machinery 25% Reducing Balance
2. Profit or loss

Profit before tax is stated after charging the following:

2023

2022
£ £
Amortisation of goodwill 1,600 1,600
Directors' remuneration 21,544 21,444

3. Taxation
2023 2022
£ £
UK Corporation Tax 5,897 5,296
Tax on profit/(loss) on ordinary activities 5,897 5,296

4. Employees
2023 2022
Average number of employees during the period 3 3

5. Intangible fixed assets
Goodwill Total
Cost £ £
At 1 October 2022 16,000 16,000
At 30 September 2023 16,000 16,000
Amortisation
At 1 October 2022 9,667 9,667
Provided during the period 1,600 1,600
At 30 September 2023 11,267 11,267
Net book value
At 30 September 2023 4,733 4,733
At 30 September 2022 6,333 6,333

6. Tangible fixed assets
Fixtures & Fittings Vehicles Plant & machinery Total
Cost or valuation £ £ £ £
At 1 October 2022 1,575 28,223 1,160 30,958
Additions 0 7,695 0 7,695
Disposals (0) (10,723) (0) (10,723)
At 30 September 2023 1,575 25,195 1,160 27,930
Depreciation
At 1 October 2022 394 17,904 290 18,588
Charge for the period 295 2,703 218 3,216
On disposals (0) (3,519) (0) (3,519)
At 30 September 2023 689 17,088 508 18,285
Net book value
At 30 September 2023 886 8,107 652 9,645
At 30 September 2022 1,181 10,319 870 12,370

7. Debtors
2023 2022
£ £
Trade debtors 0 4,880
Other debtors 8,987 7,652
8,987 12,532

8. Creditors: amounts falling due within one year
2023 2022
£ £
Bank Loans & Overdrafts 3,288 0
Taxation & social security 11,093 12,125
Other creditors 1,143 3,315
15,524 15,440

9. Creditors: amounts falling due after one year
2023 2022
£ £
Bank Loans & overdrafts 13,153 22,330
Trade creditors 4,878 6,160
18,031 28,490

10. Dividends
2023 2022
£ £
Total dividend payment 32,000 24,000

11. Borrowings
2023 2022
Creditors repayable in more than five years: £ £
Total 0 0