Company Registration No. 08132177 (England and Wales)
Ilkeston Ply & DIY Ltd
Unaudited accounts
for the year ended 31 July 2023
Ilkeston Ply & DIY Ltd
Unaudited accounts
Contents
Ilkeston Ply & DIY Ltd
Company Information
for the year ended 31 July 2023
Directors
Kenneth Simon Andrew McFarlane
Zak Marshall
Company Number
08132177 (England and Wales)
Registered Office
39 Longfield Lane
Ilkeston
Derbyshire
DE7 4DX
Ilkeston Ply & DIY Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
42,250
55,254
Inventories
416,704
519,380
Cash at bank and in hand
192,622
27,732
Creditors: amounts falling due within one year
(177,120)
(171,616)
Net current assets
525,342
458,775
Total assets less current liabilities
567,592
514,029
Provisions for liabilities
Deferred tax
(1,711)
(6,931)
Net assets
565,881
507,098
Called up share capital
2
2
Profit and loss account
565,879
507,096
Shareholders' funds
565,881
507,098
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 15 February 2024 and were signed on its behalf by
Kenneth Simon Andrew McFarlane
Director
Company Registration No. 08132177
Ilkeston Ply & DIY Ltd
Notes to the Accounts
for the year ended 31 July 2023
Ilkeston Ply & DIY Ltd is a private company, limited by shares, registered in England and Wales, registration number 08132177. The registered office is 39 Longfield Lane, Ilkeston, Derbyshire, DE7 4DX.
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:
Fixtures & fittings
25% RB
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
21,057
108,451
14,456
143,964
At 31 July 2023
21,057
108,451
15,536
145,044
At 1 August 2022
12,700
64,128
11,882
88,710
Charge for the year
2,089
11,081
914
14,084
At 31 July 2023
14,789
75,209
12,796
102,794
At 31 July 2023
6,268
33,242
2,740
42,250
At 31 July 2022
8,357
44,323
2,574
55,254
Ilkeston Ply & DIY Ltd
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Trade debtors
81,994
71,777
Accrued income and prepayments
6,114
6,324
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,054
-
Trade creditors
84,672
71,578
Taxes and social security
38,175
25,352
7
Average number of employees
During the year the average number of employees was 13 (2022: 13).