Company Registration No. 1125581 (England and Wales)
Specialised Latex Services Limited
Unaudited accounts
for the year ended 31 July 2023
Specialised Latex Services Limited
Unaudited accounts
Contents
Specialised Latex Services Limited
Company Information
for the year ended 31 July 2023
Directors
Mr G Spouse
Mr A Spouse
Company Number
1125581 (England and Wales)
Registered Office
7 Lupton Road
Thame Industrial Estate
OX9 3SE
Accountants
Harden & Co Chartered Certified Accountants
Maelstrom House
Taylors Hill
Chilham
Kent
CT4 8BZ
Specialised Latex Services Limited
Statement of financial position
as at 31 July 2023
Tangible assets
310,579
312,793
Cash at bank and in hand
342,357
299,071
Creditors: amounts falling due within one year
(41,105)
(50,043)
Net current assets
453,821
414,640
Net assets
764,400
727,433
Called up share capital
1,000
1,000
Profit and loss account
763,400
726,433
Shareholders' funds
764,400
727,433
For the year ending 31 July 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 28 November 2023 and were signed on its behalf by
Mr A Spouse
Director
Company Registration No. 1125581
Specialised Latex Services Limited
Notes to the Accounts
for the year ended 31 July 2023
Specialised Latex Services Limited is a private company, limited by shares, registered in England and Wales, registration number 1125581. The registered office is 7 Lupton Road , Thame Industrial Estate, OX9 3SE.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2022
303,832
13,656
62,775
8,081
388,344
At 31 July 2023
303,832
13,656
62,775
8,081
388,344
At 1 August 2022
-
13,511
54,083
7,957
75,551
Charge for the year
-
22
2,173
19
2,214
At 31 July 2023
-
13,533
56,256
7,976
77,765
At 31 July 2023
303,832
123
6,519
105
310,579
At 31 July 2022
303,832
145
8,692
124
312,793
Specialised Latex Services Limited
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Trade debtors
88,750
109,500
Accrued income and prepayments
10,981
3,074
Other debtors
50,588
50,588
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
7,605
12,617
Other creditors
30,000
1,550
Loans from directors
-
32,376
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
8
Average number of employees
During the year the average number of employees was 25 (2022: 25).