IRIS Accounts Production v23.2.0.158 13181697 director 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh131816972022-02-28131816972023-02-28131816972022-03-012023-02-28131816972021-02-04131816972021-02-052022-02-28131816972022-02-2813181697ns10:Originalns15:EnglandWales2022-03-012023-02-2813181697ns14:PoundSterlingns10:Original2022-03-012023-02-2813181697ns10:Originalns10:Director12022-03-012023-02-2813181697ns10:Original2022-03-012023-02-2813181697ns10:Original2023-02-2813181697ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2813181697ns10:Originalns10:SmallEntities2022-03-012023-02-2813181697ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2813181697ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2813181697ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2813181697ns10:Originalns10:FullAccounts2022-03-012023-02-2813181697ns10:Originalns10:RegisteredOffice2022-03-012023-02-2813181697ns10:Original2022-02-2813181697ns10:Originalns5:CurrentFinancialInstruments2023-02-2813181697ns10:Originalns5:CurrentFinancialInstruments2022-02-2813181697ns5:ShareCapitalns10:Original2023-02-2813181697ns5:ShareCapitalns10:Original2022-02-2813181697ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2813181697ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2813181697ns10:Original2021-02-052022-02-2813181697ns10:Originalns5:PlantMachinery2022-02-2813181697ns10:Originalns5:FurnitureFittings2022-02-2813181697ns10:Originalns5:MotorVehicles2022-02-2813181697ns10:Original2022-02-2813181697ns10:Originalns5:PlantMachinery2022-03-012023-02-2813181697ns10:Originalns5:FurnitureFittings2022-03-012023-02-2813181697ns10:Originalns5:MotorVehicles2022-03-012023-02-2813181697ns10:Originalns5:PlantMachinery2023-02-2813181697ns10:Originalns5:FurnitureFittings2023-02-2813181697ns10:Originalns5:MotorVehicles2023-02-2813181697ns10:Originalns5:PlantMachinery2022-02-2813181697ns10:Originalns5:FurnitureFittings2022-02-2813181697ns10:Originalns5:MotorVehicles2022-02-2813181697ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2813181697ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-28
REGISTERED NUMBER: 13181697 (England and Wales)















Slade Contractors Ltd

Unaudited Financial Statements

for the Year Ended 28 February 2023






Slade Contractors Ltd (Registered number: 13181697)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Slade Contractors Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: T Slade





REGISTERED OFFICE: 11 New Street
Pontnewydd
Cwmbran
NP44 1EE





REGISTERED NUMBER: 13181697 (England and Wales)





ACCOUNTANTS: Griffiths Green Arnold
Accountants & Business Advisors
11 New Street
Pontnewydd
Cwmbran
NP44 1EE

Slade Contractors Ltd (Registered number: 13181697)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,881 6,395

CURRENT ASSETS
Stocks 11,283 550
Debtors 5 1,222 863
Cash at bank 7,674 13,490
20,179 14,903
CREDITORS
Amounts falling due within one year 6 39,933 18,145
NET CURRENT LIABILITIES (19,754 ) (3,242 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,127

3,153

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 4,126 3,152
4,127 3,153

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 29 November 2023 and were signed by:





T Slade - Director


Slade Contractors Ltd (Registered number: 13181697)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Slade Contractors 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 1 ) .

Slade Contractors Ltd (Registered number: 13181697)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 March 2022 2,925 125 4,100 7,150
Additions 812 - 18,500 19,312
At 28 February 2023 3,737 125 22,600 26,462
DEPRECIATION
At 1 March 2022 215 - 540 755
Charge for year 478 - 1,348 1,826
At 28 February 2023 693 - 1,888 2,581
NET BOOK VALUE
At 28 February 2023 3,044 125 20,712 23,881
At 28 February 2022 2,710 125 3,560 6,395

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors 1,222 863

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Taxation and social security 5,804 2,160
Other creditors 34,129 15,985
39,933 18,145