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REGISTERED NUMBER: 06557953 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

Surge and Falter Limited

Surge and Falter Limited (Registered number: 06557953)






Contents of the Financial Statements
for the Year Ended 30 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Surge and Falter Limited

Company Information
for the Year Ended 30 APRIL 2023







DIRECTOR: M J Picken





REGISTERED OFFICE: Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW





REGISTERED NUMBER: 06557953 (England and Wales)





ACCOUNTANTS: The Greene Partnership LLP
Chartered Accountants
Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW

Surge and Falter Limited (Registered number: 06557953)

Balance Sheet
30 APRIL 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,838 3,784

CURRENT ASSETS
Debtors 5 37,109 25,835
Cash at bank 47,777 195,673
84,886 221,508
CREDITORS
Amounts falling due within one year 6 49,989 25,127
NET CURRENT ASSETS 34,897 196,381
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,735

200,165

CREDITORS
Amounts falling due after more than one year 7 32,487 43,477
NET ASSETS 5,248 156,688

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 5,148 156,588
SHAREHOLDERS' FUNDS 5,248 156,688

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 18 January 2024 and were signed by:



M J Picken - Director


Surge and Falter Limited (Registered number: 06557953)

Notes to the Financial Statements
for the Year Ended 30 APRIL 2023

1. STATUTORY INFORMATION

Surge and Falter 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 represents the net invoiced amount of fees received.

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

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 3 (2022 - 3 ) .

Surge and Falter Limited (Registered number: 06557953)

Notes to the Financial Statements - continued
for the Year Ended 30 APRIL 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2022
and 30 April 2023 16,835 656 17,491
DEPRECIATION
At 1 May 2022 13,259 448 13,707
Charge for year 894 52 946
At 30 April 2023 14,153 500 14,653
NET BOOK VALUE
At 30 April 2023 2,682 156 2,838
At 30 April 2022 3,576 208 3,784

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 35,559 24,285
Other debtors 1,550 1,550
37,109 25,835

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Tax 15,400 1,800
Social security and other taxes 996 1,049
VAT 19,446 14,221
Other creditors 6,286 -
Directors' current accounts 134 205
Accrued expenses 7,727 7,852
49,989 25,127

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans - 2-5 years 32,487 43,477

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
100 Ordinary £1 100 100

Surge and Falter Limited (Registered number: 06557953)

Notes to the Financial Statements - continued
for the Year Ended 30 APRIL 2023

9. RESERVES
Retained
earnings
£   

At 1 May 2022 156,588
Profit for the year 63,560
Dividends (215,000 )
At 30 April 2023 5,148

10. RELATED PARTY DISCLOSURES

The company was controlled by the director throughout this year and the previous period.