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REGISTERED NUMBER: 09326286 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

STERLING SITE SUPPLIES LIMITED

STERLING SITE SUPPLIES LIMITED (REGISTERED NUMBER: 09326286)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STERLING SITE SUPPLIES LIMITED

COMPANY INFORMATION
for the Year Ended 30 NOVEMBER 2023







DIRECTORS: A J Newitt
A M Newton
Mrs S L Newitt
Miss J Wright





REGISTERED OFFICE: Unit 9
Kennet Road
Crayford
Dartford
Kent
DA1 4QT





REGISTERED NUMBER: 09326286 (England and Wales)





ACCOUNTANTS: Blue Swift Accountants Limited
37 Riverside House
River Lawn Road
Tonbridge
Kent
TN9 1EP

STERLING SITE SUPPLIES LIMITED (REGISTERED NUMBER: 09326286)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,171,936 1,077,321

CURRENT ASSETS
Debtors 5 1,091,517 762,874
Cash at bank and in hand 79,685 98,147
1,171,202 861,021
CREDITORS
Amounts falling due within one year 6 609,316 588,639
NET CURRENT ASSETS 561,886 272,382
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,733,822

1,349,703

CREDITORS
Amounts falling due after more than one year 7 (356,139 ) (346,044 )

PROVISIONS FOR LIABILITIES (99,440 ) (75,787 )
NET ASSETS 1,278,243 927,872

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,278,143 927,772
1,278,243 927,872

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

STERLING SITE SUPPLIES LIMITED (REGISTERED NUMBER: 09326286)

BALANCE SHEET - continued
30 NOVEMBER 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 23 April 2024 and were signed on its behalf by:





A M Newton - Director


STERLING SITE SUPPLIES LIMITED (REGISTERED NUMBER: 09326286)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Sterling Site Supplies 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.

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

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.

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 18 (2022 - 13 ) .

STERLING SITE SUPPLIES LIMITED (REGISTERED NUMBER: 09326286)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022 774,175 697,537 1,471,712
Additions - 227,416 227,416
Disposals - (29,512 ) (29,512 )
At 30 November 2023 774,175 895,441 1,669,616
DEPRECIATION
At 1 December 2022 - 394,391 394,391
Charge for year - 132,801 132,801
Eliminated on disposal - (29,512 ) (29,512 )
At 30 November 2023 - 497,680 497,680
NET BOOK VALUE
At 30 November 2023 774,175 397,761 1,171,936
At 30 November 2022 774,175 303,146 1,077,321

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 1,090,892 723,244
Other debtors 625 39,630
1,091,517 762,874

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 46,058 48,278
Hire purchase contracts 37,899 12,326
Trade creditors 331,923 285,960
Taxation and social security 181,217 67,696
Other creditors 12,219 174,379
609,316 588,639

STERLING SITE SUPPLIES LIMITED (REGISTERED NUMBER: 09326286)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 NOVEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 269,303 314,427
Hire purchase contracts 86,836 31,617
356,139 346,044

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr 78,003 114,448

8. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Bank loans 315,361 362,705

Fixed and floating charge over all assets of the Company.