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Company Registration No. 07159565 (England and Wales)
S & M QUALITY BUILDERS LIMITED Unaudited accounts for the year ended 27 February 2023
S & M QUALITY BUILDERS LIMITED Unaudited accounts Contents
Page
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S & M QUALITY BUILDERS LIMITED Company Information for the year ended 27 February 2023
Director
Charles Manning
Company Number
07159565 (England and Wales)
Registered Office
4A BUCKLES LANE SOUTH OCKENDON RM15 6RS ENGLAND
Accountants
Ron Matthews 60 Parkdale Danbury Chelmsford Essex CM3 4EJ
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S & M QUALITY BUILDERS LIMITED Statement of financial position as at 27 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
46,311 
52,841 
Current assets
Debtors
- 
6,120 
Cash at bank and in hand
2,630 
257 
2,630 
6,377 
Creditors: amounts falling due within one year
(107,361)
(72,880)
Net current liabilities
(104,731)
(66,503)
Total assets less current liabilities
(58,420)
(13,662)
Creditors: amounts falling due after more than one year
(52,979)
(74,202)
Net liabilities
(111,399)
(87,864)
Capital and reserves
Called up share capital
2 
2 
Capital contribution reserve
11,000 
- 
Profit and loss account
(122,401)
(87,866)
Shareholders' funds
(111,399)
(87,864)
For the year ending 27 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 director acknowledges his 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 and authorised for issue on 27 November 2023 and were signed on its behalf by
Charles Manning Director Company Registration No. 07159565
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S & M QUALITY BUILDERS LIMITED Notes to the Accounts for the year ended 27 February 2023
1
Statutory information
S & M QUALITY BUILDERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07159565. The registered office is 4A BUCKLES LANE, SOUTH OCKENDON, RM15 6RS, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
18%
Motor vehicles
8%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 28 February 2022
17,400 
63,850 
81,250 
At 27 February 2023
17,400 
63,850 
81,250 
Depreciation
At 28 February 2022
10,277 
18,132 
28,409 
Charge for the year
2,009 
4,521 
6,530 
At 27 February 2023
12,286 
22,653 
34,939 
Net book value
At 27 February 2023
5,114 
41,197 
46,311 
At 27 February 2022
7,123 
45,718 
52,841 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
- 
6,120 
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S & M QUALITY BUILDERS LIMITED Notes to the Accounts for the year ended 27 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
4,465 
4,086 
Other creditors
(436)
(436)
Loans from directors
45,086 
67,030 
Accruals
2,200 
2,200 
Deferred income
56,046 
- 
107,361 
72,880 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
30,962 
41,185 
Obligations under finance leases and hire purchase contracts
22,017 
33,017 
52,979 
74,202 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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