S F S (General Services) Ltd |
Registered Number:09549920 |
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2023
S F S (General Services) Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
S F S (General Services) Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
34,390
19,275
3
34,390
19,275
2,475
2,780
4
Trade and other receivables |
22,849
6,681
5
-
Cash and cash equivalents |
1,684
11,145
25,324
Trade and other payables: amounts falling due within one |
year |
(35,506)
(26,718)
6
(10,182)
(15,573)
Net current liabilities
Total assets less current liabilities |
18,817
9,093
Trade and other payables: amounts falling due after more |
than one year |
-
(24,000)
7
(5,183)
Net assets/liabilities
9,093
100
100
(5,283)
8,993
(5,183)
9,093
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 23 October 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 May 2023
S F S (General Services) Ltd
Notes to the Financial Statements
Statutory Information
S F S (General Services) Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 09549920. |
Hatches Farm
Hatches Farm Road
LIttle Burstead, Billericay
Essex
CM12 9SG
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 5 years. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
2 of 4
For the year ended 31 May 2023
S F S (General Services) Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
11,000
11,000
11,000
11,000
-
-
3. Property, plant and equipment |
Motor vehicles
55,582
15,555
40,027
21,026
-
21,026
61,053
15,555
76,608
Provision for depreciation and impairment |
36,307
12,489
23,818
Charge for year
5,911
766
5,145
42,218
13,255
28,963
32,090
2,300
34,390
16,209
3,066
19,275
2022
2023
2,780
2,475
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For the year ended 31 May 2023
S F S (General Services) Ltd
Notes to the Financial Statements Continued
5. Trade and other receivables |
2022
2023
Amounts owed by group undertakings and participating interests |
3,399
22,849
Taxation and social security |
3,282
-
22,849
6,681
6. Trade and other payables: amounts falling due within one year |
2022
2023
-
8,054
6,344
6,774
Taxation and social security |
-
3,003
Accruals and deferred income |
-
695
20,374
16,980
26,718
35,506
7. Trade and other payables: amounts falling due after more than one year |
2022
2023
24,000
-
8. Related party transactions |
The company is controlled by the Director Simon Smith who has control over 100% of the voting rights of the |
company. |
9. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 2)
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