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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
Page
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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
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Ilkeston Ply & DIY Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
42,250 
55,254 
Current assets
Inventories
416,704 
519,380 
Debtors
93,136 
83,279 
Cash at bank and in hand
192,622 
27,732 
702,462 
630,391 
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 
Capital and reserves
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
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Ilkeston Ply & DIY Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
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.
3
Accounting policies
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.
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% RB
Motor vehicles
25% RB
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 
Additions
- 
- 
1,080 
1,080 
At 31 July 2023
21,057 
108,451 
15,536 
145,044 
Depreciation
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 
Net book value
At 31 July 2023
6,268 
33,242 
2,740 
42,250 
At 31 July 2022
8,357 
44,323 
2,574 
55,254 
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Ilkeston Ply & DIY Ltd Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
81,994 
71,777 
Accrued income and prepayments
6,114 
6,324 
Other debtors
5,028 
5,178 
93,136 
83,279 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
2,054 
- 
VAT
51,067 
66,117 
Trade creditors
84,672 
71,578 
Taxes and social security
38,175 
25,352 
Other creditors
- 
7,402 
Accruals
1,152 
1,167 
177,120 
171,616 
7
Average number of employees
During the year the average number of employees was 13 (2022: 13).
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