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REGISTERED NUMBER: 07863132 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

S J Cartwright Ltd

S J Cartwright Ltd (Registered number: 07863132)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

S J Cartwright Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr S J Cartwright





SECRETARY:





REGISTERED OFFICE: Hill Farm
Gilmorton Road
Walcote
Lutterworth
Leicestershire
LE17 4LD





REGISTERED NUMBER: 07863132 (England and Wales)





ACCOUNTANTS: Screatons Ltd
Former Atherstone College
Ratcliffe Road
Atherstone
Warwickshire
CV9 1LF

S J Cartwright Ltd (Registered number: 07863132)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,045 13,340

CURRENT ASSETS
Stocks 140,740 130,740
Debtors 5 4,989 3,651
145,729 134,391
CREDITORS
Amounts falling due within one year 6 306,589 248,437
NET CURRENT LIABILITIES (160,860 ) (114,046 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(147,815

)

(100,706

)

CREDITORS
Amounts falling due after more than one year 7 32,796 35,000
NET LIABILITIES (180,611 ) (135,706 )

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 (180,612 ) (135,707 )
SHAREHOLDERS' FUNDS (180,611 ) (135,706 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

S J Cartwright Ltd (Registered number: 07863132)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 November 2023 and were signed by:





Mr S J Cartwright - Director


S J Cartwright Ltd (Registered number: 07863132)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

S J Cartwright Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

S J Cartwright Ltd (Registered number: 07863132)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 23,739 10,935 11,250 699 46,623
Additions 4,037 - - - 4,037
Disposals (10,000 ) - - - (10,000 )
At 31 March 2023 17,776 10,935 11,250 699 40,660
DEPRECIATION
At 1 April 2022 17,845 6,649 8,159 630 33,283
Charge for year 2,483 1,059 773 17 4,332
Eliminated on disposal (10,000 ) - - - (10,000 )
At 31 March 2023 10,328 7,708 8,932 647 27,615
NET BOOK VALUE
At 31 March 2023 7,448 3,227 2,318 52 13,045
At 31 March 2022 5,894 4,286 3,091 69 13,340

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 3,014 3,014
VAT 1,975 637
4,989 3,651

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 50,487 48,972
Social security and other taxes - 43
Directors' current accounts 255,426 198,766
Accrued expenses 676 656
306,589 248,437

S J Cartwright Ltd (Registered number: 07863132)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans - 2-5 years 32,796 35,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Retained
earnings
£   

At 1 April 2022 (135,707 )
Deficit for the year (44,905 )
At 31 March 2023 (180,612 )

10. RELATED PARTY DISCLOSURES

Mr S J Cartwright is both a director and shareholder of the company.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
S J Cartwright Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of S J Cartwright Ltd for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of S J Cartwright Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of S J Cartwright Ltd and state those matters that we have agreed to state to the director of S J Cartwright Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than S J Cartwright Ltd and its director for our work or for this report.

It is your duty to ensure that S J Cartwright Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of S J Cartwright Ltd. You consider that S J Cartwright Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of S J Cartwright Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Screatons Ltd
Former Atherstone College
Ratcliffe Road
Atherstone
Warwickshire
CV9 1LF


23 November 2023