Company Registration No. 07946125 (England and Wales)
Search And Unite Ltd
Unaudited accounts
for the year ended 28 February 2023
Search And Unite Ltd
Unaudited accounts
Contents
Search And Unite Ltd
Company Information
for the year ended 28 February 2023
Directors
Mr D P J Lewin
Mrs S R Lewin
Company Number
07946125 (England and Wales)
Registered Office
Churchill House
137-139 Brent Street
London
NW4 4DJ
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
Search And Unite Ltd
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
84,983
26,158
Creditors: amounts falling due within one year
(62,461)
(22,459)
Net current assets
22,522
3,699
Called up share capital
600
600
Profit and loss account
21,922
60,510
Shareholders' funds
22,522
61,110
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 20 November 2023 and were signed on its behalf by
Mr D P J Lewin
Director
Company Registration No. 07946125
Search And Unite Ltd
Notes to the Accounts
for the year ended 28 February 2023
Search And Unite Ltd is a private company, limited by shares, registered in England and Wales, registration number 07946125. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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:
Fixtures & fittings
20% reducing balance
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Search And Unite Ltd
Notes to the Accounts
for the year ended 28 February 2023
4
Tangible fixed assets
Fixtures & fittings
5
Investments
Other investments
Valuation at 1 March 2022
56,519
Valuation at 28 February 2023
-
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,135
-
Loans from directors
58,226
20,659
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).