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Company Registration No. 08057294 (England and Wales)
Ian C Surgey Ltd Unaudited accounts for the year ended 31 May 2023
Ian C Surgey Ltd Unaudited accounts Contents
Page
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Ian C Surgey Ltd Company Information for the year ended 31 May 2023
Director
Ian Surgey
Company Number
08057294 (England and Wales)
Registered Office
4 Lord Russell Close Trelleck Monmouth NP25 4AY Wales
Accountants
Wellington Consulting Ltd Fairview St Owens Cross Hereford Herefordshire HR2 8LG
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Ian C Surgey Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
- 
104 
Cash at bank and in hand
23,561 
34 
23,561 
138 
Creditors: amounts falling due within one year
(15,859)
(5,613)
Net current assets/(liabilities)
7,702 
(5,475)
Net assets/(liabilities)
7,702 
(5,475)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
7,602 
(5,575)
Shareholders' funds
7,702 
(5,475)
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 21 February 2024 and were signed on its behalf by
Ian Surgey Director Company Registration No. 08057294
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Ian C Surgey Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Ian C Surgey Ltd is a private company, limited by shares, registered in England and Wales, registration number 08057294. The registered office is 4 Lord Russell Close , Trelleck, Monmouth, NP25 4AY, Wales.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
104 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
407 
(5)
VAT
5,170 
- 
Taxes and social security
9,002 
984 
Other creditors
960 
- 
Loans from directors
- 
4,554 
Accruals
320 
80 
15,859 
5,613 
6
Average number of employees
During the year the average number of employees was 2 (2022: 1).
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