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Company Registration No. 06950472 (England and Wales)
24 Seven Shutters & Garage Doors Ltd Unaudited accounts for the year ended 31 July 2023
24 Seven Shutters & Garage Doors Ltd Unaudited accounts Contents
Page
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24 Seven Shutters & Garage Doors Ltd Company Information for the year ended 31 July 2023
Director
Mr I Kershaw
Company Number
06950472 (England and Wales)
Registered Office
23 KINGSTON TERRACE ROKER SUNDERLAND SR6 9QJ
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24 Seven Shutters & Garage Doors Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,569 
29,098 
Current assets
Inventories
10,300 
13,100 
Debtors
8,028 
16,046 
Cash at bank and in hand
(1,310)
5,105 
17,018 
34,251 
Creditors: amounts falling due within one year
(69,230)
(80,315)
Net current liabilities
(52,212)
(46,064)
Net liabilities
(28,643)
(16,966)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(28,743)
(17,066)
Shareholders' funds
(28,643)
(16,966)
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 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 13 March 2024 and were signed on its behalf by
Mr I Kershaw Director Company Registration No. 06950472
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24 Seven Shutters & Garage Doors Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
24 Seven Shutters & Garage Doors Ltd is a private company, limited by shares, registered in England and Wales, registration number 06950472. The registered office is 23 KINGSTON TERRACE, ROKER, SUNDERLAND, SR6 9QJ.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 August 2022
120,007 
At 31 July 2023
120,007 
Depreciation
At 1 August 2022
90,909 
Charge for the year
5,529 
At 31 July 2023
96,438 
Net book value
At 31 July 2023
23,569 
At 31 July 2022
29,098 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,982 
15,000 
Other debtors
1,046 
1,046 
8,028 
16,046 
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24 Seven Shutters & Garage Doors Ltd Notes to the Accounts for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
32,000 
33,000 
Obligations under finance leases and hire purchase contracts
13,423 
19,664 
Trade creditors
- 
385 
Taxes and social security
2,432 
3,685 
Other creditors
6,195 
8,401 
Loans from directors
15,180 
15,180 
69,230 
80,315 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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