Company Registration No. 05432748 (England and Wales)
Quarry Plant Surfacing Limited
Unaudited accounts
for the year ended 28 February 2023
Quarry Plant Surfacing Limited
Unaudited accounts
Contents
Quarry Plant Surfacing Limited
Company Information
for the year ended 28 February 2023
Directors
C D Evans
M J Davies
Company Number
05432748 (England and Wales)
Registered Office
THE QUARRY HOBB HILL
TILSTON
MALPAS
CHESHIRE
SY14 7DU
ENGLAND
Quarry Plant Surfacing Limited
Statement of financial position
as at 28 February 2023
Tangible assets
100,810
126,202
Cash at bank and in hand
28,890
60,516
Creditors: amounts falling due within one year
(114,802)
(145,585)
Net current assets
18,646
78,965
Total assets less current liabilities
119,456
205,167
Creditors: amounts falling due after more than one year
(51,900)
(69,800)
Called up share capital
2
2
Profit and loss account
67,554
135,365
Shareholders' funds
67,556
135,367
For the year ending 28 February 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by
C D Evans
Director
Company Registration No. 05432748
Quarry Plant Surfacing Limited
Notes to the Accounts
for the year ended 28 February 2023
Quarry Plant Surfacing Limited is a private company, limited by shares, registered in England and Wales, registration number 05432748. The registered office is THE QUARRY HOBB HILL, TILSTON, MALPAS, CHESHIRE, SY14 7DU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2022
497,214
59,795
557,009
Disposals
(49,825)
10,600
(39,225)
At 28 February 2023
452,089
70,395
522,484
At 1 March 2022
379,912
50,895
430,807
Charge for the year
17,993
9,335
27,328
On disposals
(46,626)
10,165
(36,461)
At 28 February 2023
351,279
70,395
421,674
At 28 February 2023
100,810
-
100,810
At 28 February 2022
117,302
8,900
126,202
Quarry Plant Surfacing Limited
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Trade debtors
62,458
153,388
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
37,623
85,559
Obligations under finance leases and hire purchase contracts
10,500
14,244
Trade creditors
51,888
38,624
Taxes and social security
3,903
(3,206)
Loans from directors
10,457
10,344
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
29,000
37,218
8
Average number of employees
During the year the average number of employees was 9 (2022: 10).