Company Registration No. 07599540 (England and Wales)
Schofield Watch Company Limited
Unaudited accounts
for the year ended 31 March 2023
Schofield Watch Company Limited
Annual report and unaudited accounts
for the year ended 31 March 2023
Schofield Watch Company Limited
Company Information
for the year ended 31 March 2023
Company Number
07599540 (England and Wales)
Registered Office
Holly House
High Street
Upper Beeding
West Sussex
BN44 3WN
Accountants
D M Pettitt Accountancy Services
33 Bowmans Close
Steyning
West Sussex
BN44 3SR
Schofield Watch Company Limited
Statement of Financial Position
as at 31 March 2023
Fixed assets
11,142
13,278
Current assets
85,159
146,048
Creditors: amounts falling due within one year
(48,349)
(61,235)
Net current assets
36,810
84,813
Total assets less current liabilities
47,952
98,091
Accruals and deferred income
(700)
(700)
Capital and reserves
47,252
97,391
Schofield Watch Company Limited is a private company, limited by shares, registered in England and Wales, registration number 07599540. The registered office is Holly House, High Street, Upper Beeding, West Sussex, BN44 3WN.
2 Director's advances, credit and guarantees
The company is dependent upon the financial support of its directors. In the opinion of the director this support will continue and therefore it is considered appropriate to prepare these accounts on the going concern basis.
3 Average number of employees
During the year the average number of employees was 2 (2022: 2).
For the year ending 31 March 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 30 November 2023
Mr G G Ellis
Director
Company Registration No. 07599540