Company Registration No. 04404295 (England and Wales)
VERSATILE CERAMICS EAST MIDLANDS LIMITED
Unaudited accounts
for the year ended 31 May 2023
VERSATILE CERAMICS EAST MIDLANDS LIMITED
Unaudited accounts
Contents
VERSATILE CERAMICS EAST MIDLANDS LIMITED
Company Information
for the year ended 31 May 2023
Company Number
04404295 (England and Wales)
Registered Office
22 CRESCENT ROAD
SELSTON
NOTTINGHAM
NOTTS
NG16 6DR
Accountants
Cramar Ltd
Suite 8, Stapleford Business Hub
1 Toton Lane
Stapleford
Nottingham
NG9 7JQ
VERSATILE CERAMICS EAST MIDLANDS LIMITED
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
90,564
82,914
Creditors: amounts falling due within one year
(16,349)
(34,519)
Net current assets
92,592
85,772
Total assets less current liabilities
96,140
86,545
Creditors: amounts falling due after more than one year
-
(1,241)
Called up share capital
4
4
Profit and loss account
96,136
85,300
Shareholders' funds
96,140
85,304
For the year ending 31 May 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 2 January 2024 and were signed on its behalf by
Paul Renshaw
Director
Company Registration No. 04404295
VERSATILE CERAMICS EAST MIDLANDS LIMITED
Notes to the Accounts
for the year ended 31 May 2023
VERSATILE CERAMICS EAST MIDLANDS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04404295. The registered office is 22 CRESCENT ROAD, SELSTON, NOTTINGHAM, NOTTS, NG16 6DR.
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:
Plant & machinery
20% on Cost
Motor vehicles
25% on Cost
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
2,694
48,028
4,048
54,770
At 31 May 2023
2,694
51,728
4,048
58,470
At 1 June 2022
2,694
48,028
3,275
53,997
Charge for the year
-
925
-
925
At 31 May 2023
2,694
48,953
3,275
54,922
At 31 May 2023
-
2,775
773
3,548
At 31 May 2022
-
-
773
773
VERSATILE CERAMICS EAST MIDLANDS LIMITED
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
14,809
29,509
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
7,925
21,040
Taxes and social security
7,719
12,479
7
Creditors: amounts falling due after more than one year
2023
2022
Taxes and social security
-
1,241
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).