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REGISTERED NUMBER: 12631090 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

SUBSTATION MANAGEMENT SERVICES LTD

SUBSTATION MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 12631090)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 May 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


SUBSTATION MANAGEMENT SERVICES LTD

Company Information
FOR THE YEAR ENDED 31 May 2023







DIRECTOR: Mr B N Talbot





SECRETARY: Mrs S Talbot





REGISTERED OFFICE: 11 Mill Lane
Craven Arms
Newcastle
SY7 8QN





REGISTERED NUMBER: 12631090 (England and Wales)





ACCOUNTANTS: JSA Services Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

SUBSTATION MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 12631090)

Abridged Balance Sheet
31 May 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 8,621 -

CURRENT ASSETS
Debtors 50,527 31,676
Cash at bank 19,919 20,232
70,446 51,908
CREDITORS
Amounts falling due within one year (16,761 ) (8,747 )
NET CURRENT ASSETS 53,685 43,161
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,306

43,161

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 62,206 43,061
SHAREHOLDERS' FUNDS 62,306 43,161

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 May 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 27 January 2024 and were signed by:



Mr B N Talbot - Director


SUBSTATION MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 12631090)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 May 2023


1. STATUTORY INFORMATION

Substation Management Services 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 11,559
At 31 May 2023 11,559
DEPRECIATION
Charge for year 2,938
At 31 May 2023 2,938
NET BOOK VALUE
At 31 May 2023 8,621

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

SUBSTATION MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 12631090)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 May 2023


7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2023 and 31 May 2022:

2023 2022
£    £   
Mr B N Talbot
Balance outstanding at start of year (2,268 ) (3,112 )
Amounts advanced 24,080 23,517
Amounts repaid (23,064 ) (22,673 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,252 ) (2,268 )

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr B N Talbot.