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REGISTERED NUMBER: 06515389 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Saxonbury Road Limited

Saxonbury Road Limited (Registered number: 06515389)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Saxonbury Road Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Miss D J Watts
Mr R Q Watts
Mrs J A Watts





REGISTERED OFFICE: Suite 7, Wessex House
St. Leonard's Road
Bournemouth
Dorset
BH8 8QS





REGISTERED NUMBER: 06515389 (England and Wales)





ACCOUNTANTS: Rawlence and Browne UDY Limited
T/A Potter and Pollard
Unit 17 Lancaster Road
Sarum Business Park
Old Sarum
Salisbury
Wiltshire
SP4 6FB

Saxonbury Road Limited (Registered number: 06515389)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 536,968 539,978
536,968 539,978

CURRENT ASSETS
Debtors 6 746,864 621,041
Cash at bank and in hand 210,440 170,932
957,304 791,973
CREDITORS
Amounts falling due within one year 7 236,500 167,160
NET CURRENT ASSETS 720,804 624,813
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,257,772

1,164,791

PROVISIONS FOR LIABILITIES 9,982 8,899
NET ASSETS 1,247,790 1,155,892

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,247,690 1,155,792
1,247,790 1,155,892

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Saxonbury Road Limited (Registered number: 06515389)

Balance Sheet - continued
31 December 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2024 and were signed on its behalf by:





Miss D J Watts - Director


Saxonbury Road Limited (Registered number: 06515389)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Saxonbury Road Limited 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business, has now been fully amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance and Straight line over 4 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Saxonbury Road Limited (Registered number: 06515389)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 65 (2022 - 54 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 8,725
AMORTISATION
At 1 January 2023
and 31 December 2023 8,725
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 596,657 161,214 757,871
Additions - 19,499 19,499
At 31 December 2023 596,657 180,713 777,370
DEPRECIATION
At 1 January 2023 93,154 124,739 217,893
Charge for year 7,933 14,576 22,509
At 31 December 2023 101,087 139,315 240,402
NET BOOK VALUE
At 31 December 2023 495,570 41,398 536,968
At 31 December 2022 503,503 36,475 539,978

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 6,913 7,417
Other debtors 739,951 613,624
746,864 621,041

Saxonbury Road Limited (Registered number: 06515389)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 11,763 6,915
Taxation and social security 88,700 42,209
Other creditors 136,037 118,036
236,500 167,160