1 June 2022 false No description of principal activity Taxfiler 2023.14 07637110business:PrivateLimitedCompanyLtd2022-06-012023-05-31 076371102022-05-31 076371102022-06-012023-05-31 07637110business:AuditExemptWithAccountantsReport2022-06-012023-05-31 07637110business:FilletedAccounts2022-06-012023-05-31 076371102023-05-31 076371102022-05-31 07637110core:WithinOneYear2023-05-31 07637110core:WithinOneYear2022-05-31 07637110core:AfterOneYear2023-05-31 07637110core:AfterOneYear2022-05-31 07637110core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 07637110core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 07637110core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 07637110core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 07637110core:PreviouslyStatedAmount2023-05-31 07637110core:PreviouslyStatedAmount2022-05-31 07637110business:SmallEntities2022-06-012023-05-31 07637110business:Director12022-06-012023-05-31 07637110countries:EnglandWales2022-06-012023-05-31 07637110business:RegisteredOffice2022-06-012023-05-31 07637110core:PlantMachinery2022-06-012023-05-31 07637110core:MotorVehicles2022-06-012023-05-31 07637110core:ComputerEquipment2022-06-012023-05-31 07637110core:PlantMachinery2022-05-31 07637110core:MotorVehicles2022-05-31 07637110core:ComputerEquipment2022-05-31 07637110core:PlantMachinery2023-05-31 07637110core:MotorVehicles2023-05-31 07637110core:ComputerEquipment2023-05-31 076371102021-06-012022-05-31 iso4217:GBP xbrli:pure
Sussex & Surrey Partitioning Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
66,149 
25,754 
Current assets
Inventories
62,500 
102,000 
Debtors
188,875 
203,920 
Cash at bank and in hand
266,699 
241,290 
518,074 
547,210 
Creditors: amounts falling due within one year
(241,643)
(311,580)
Net current assets
276,431 
235,630 
Total assets less current liabilities
342,580 
261,384 
Creditors: amounts falling due after more than one year
(25,843)
(39,968)
Provisions for liabilities
Deferred tax
(16,537)
(4,893)
Net assets
300,200 
216,523 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
300,100 
216,423 
Shareholders' funds
300,200 
216,523 
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 20 February 2024 and were signed on its behalf by
Lee Bamblett-Wells Director Company Registration No. 07637110
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Sussex & Surrey Partitioning Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Sussex & Surrey Partitioning Limited is a private company, limited by shares, registered in England and Wales, registration number 07637110. The registered office is 34 Wisden Avenue, Burgess Hill, West Sussex, RH15 8TL.
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
These financial statements for the year ended 31 May 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
25% of net book value
Motor vehicles
25% of net book value
Computer equipment
25% of net book value
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2022
2,621 
45,698 
4,186 
52,505 
Additions
- 
48,870 
- 
48,870 
At 31 May 2023
2,621 
94,568 
4,186 
101,375 
Depreciation
At 1 June 2022
2,355 
20,659 
3,737 
26,751 
Charge for the year
67 
8,296 
112 
8,475 
At 31 May 2023
2,422 
28,955 
3,849 
35,226 
Net book value
At 31 May 2023
199 
65,613 
337 
66,149 
At 31 May 2022
266 
25,039 
449 
25,754 
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Sussex & Surrey Partitioning Limited Notes to the Accounts for the year ended 31 May 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
188,875 
203,920 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,848 
14,751 
VAT
61,250 
98,440 
Obligations under finance leases and hire purchase contracts
45,579 
- 
Trade creditors
66,309 
183,939 
Taxes and social security
48,947 
11,274 
Other creditors
9,029 
8,806 
Loans from directors
681 
(5,630)
241,643 
311,580 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
20,925 
39,968 
Obligations under finance leases and hire purchase contracts
4,918 
- 
25,843 
39,968 
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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