Registered number
09089306
Sixsmith Management Limited
Filleted Accounts
31 March 2023
Sixsmith Management Limited
Registered number: 09089306
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Current assets
Debtors 4 - 28
Cash at bank and in hand 95,895 65,431
95,895 65,459
Creditors: amounts falling due within one year 5 (19,225) (15,797)
Net current assets 76,670 49,662
Total assets less current liabilities 76,670 49,662
Creditors: amounts falling due after more than one year 6 - (11,764)
Net assets 76,670 37,898
Capital and reserves
Called up share capital 100 100
Profit and loss account 76,570 37,798
Shareholders' funds 76,670 37,898
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R P Daughtry
Director
Approved by the board on 13 November 2023
Sixsmith Management Limited
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% straight line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2022 6,275
At 31 March 2023 6,275
Depreciation
At 1 April 2022 6,275
At 31 March 2023 6,275
Net book value
At 31 March 2023 -
4 Debtors 2023 2022
£ £
Other debtors - 28
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 15,333 12,546
Other creditors 3,892 3,251
19,225 15,797
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans - 11,764
7 Other information
Sixsmith Management Limited is a private company limited by shares and incorporated in England. Its registered office is:
Devonshire House
582 Honeypotlane
Stanmore
Middlesex
HA7 1JS
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