2022-06-01 09549920 2023-05-31 09549920 2022-06-01 2023-05-31 09549920 2022-05-31 09549920 2021-06-01 2022-05-31 09549920 uk-core:WithinOneYear 2022-05-31 09549920 uk-core:WithinOneYear 2023-05-31 09549920 uk-core:AfterOneYear 2022-05-31 09549920 uk-core:AfterOneYear 2023-05-31 09549920 uk-core:ShareCapital 2023-05-31 09549920 uk-core:ShareCapital 2022-05-31 09549920 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 09549920 uk-core:RetainedEarningsAccumulatedLosses 2022-05-31 09549920 uk-bus:Director1 2022-06-01 2023-05-31 09549920 uk-core:NetGoodwill 2022-06-01 2023-05-31 09549920 uk-core:PlantMachinery 2022-06-01 2023-05-31 09549920 uk-core:CommercialMotorVehicles 2022-06-01 2023-05-31 09549920 uk-core:Goodwill 2022-05-31 09549920 uk-core:Goodwill 2023-05-31 09549920 uk-core:CommercialMotorVehicles 2022-05-31 09549920 uk-core:PlantMachinery 2022-05-31 09549920 uk-core:PlantMachinery 2023-05-31 09549920 uk-core:CommercialMotorVehicles 2023-05-31 09549920 uk-core:WithinOneYear 2023-05-31 09549920 uk-core:WithinOneYear 2022-05-31 iso4217:GBP xbrli:pure 09549920 uk-bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 09549920 uk-bus:FRS102 2022-06-01 2023-05-31 09549920 uk-bus:FullAccounts 2022-06-01 2023-05-31 09549920 uk-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31
S F S (General Services) Ltd
Registered Number:09549920
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
2
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
3
Registered Number :
09549920
As at 31 May 2023
S F S (General Services) Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
34,390
19,275
3
34,390
19,275
Current assets
Inventories
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
Capital and reserves
Called up share capital
100
100
Retained earnings
(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.
Simon Smith Director
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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4
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.
Registered address:
Hatches Farm
Hatches Farm Road
LIttle Burstead, Billericay
Essex
CM12 9SG
The presentation currency is £ sterling.
1. Accounting policies
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
20% Reducing balance
20% Reducing balance
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.
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5
For the year ended 31 May 2023
S F S (General Services) Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 June 2022
11,000
At 31 May 2023
11,000
Amortisation
At 01 June 2022
11,000
At 31 May 2023
11,000
Net book value
At 31 May 2023
-
At 31 May 2022
-
3. Property, plant and equipment
Total
Motor vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 June 2022
55,582
15,555
40,027
21,026
-
21,026
Additions
At 31 May 2023
61,053
15,555
76,608
Provision for depreciation and impairment
At 01 June 2022
36,307
12,489
23,818
Charge for year
5,911
766
5,145
At 31 May 2023
42,218
13,255
28,963
At 31 May 2023
Net book value
32,090
2,300
34,390
At 31 May 2022
16,209
3,066
19,275
4. Inventories
2022
2023
£
£
Stocks
2,780
2,475
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6
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
£
£
Bank loans and overdraft
-
8,054
Trade creditors
6,344
6,774
Taxation and social security
-
3,003
Accruals and deferred income
-
695
Directors' loan accounts
20,374
16,980
26,718
35,506
7. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
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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