Company Registration No. 10983582 (England and Wales)
SB Seat Limited
Unaudited accounts
for the year ended 30 September 2023
SB Seat Limited
Unaudited accounts
Contents
SB Seat Limited
Company Information
for the year ended 30 September 2023
Company Number
10983582 (England and Wales)
Registered Office
THE CORNER HOUSE
4 BEAUMONT ROAD
CHURCH STRETTON
SY6 6BN
UNITED KINGDOM
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
SB Seat Limited
Statement of financial position
as at 30 September 2023
Tangible assets
47,068
3,502
Cash at bank and in hand
-
43,746
Creditors: amounts falling due within one year
(50,205)
(48,651)
Net current assets
99,887
142,658
Total assets less current liabilities
146,955
146,160
Creditors: amounts falling due after more than one year
(39,900)
(59,900)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
98,112
85,594
Shareholders' funds
98,113
85,595
For the year ending 30 September 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
D Russell-Wilks
Director
Company Registration No. 10983582
SB Seat Limited
Notes to the Accounts
for the year ended 30 September 2023
SB Seat Limited is a private company, limited by shares, registered in England and Wales, registration number 10983582. The registered office is THE CORNER HOUSE, 4 BEAUMONT ROAD, CHURCH STRETTON, SY6 6BN, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum reducing balance
Fixtures & fittings
15% per annum reducing balance
Computer equipment
33% per annum reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2022
8,110
401
134
8,645
Additions
49,349
-
-
49,349
At 30 September 2023
57,459
401
134
57,994
At 1 October 2022
4,907
120
116
5,143
Charge for the year
5,735
42
6
5,783
At 30 September 2023
10,642
162
122
10,926
At 30 September 2023
46,817
239
12
47,068
At 30 September 2022
3,203
281
18
3,502
SB Seat Limited
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Trade debtors
107,695
121,691
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
11,742
-
Taxes and social security
15,230
20,304
Loans from directors
22,538
17,148
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
22,400
22,400
8
Transactions with related parties
During the year goods were sold to Helvetica Office Ltd, a company in which Mr Russell-Wilks is a director.
Owed to the company at the year end £2068 (2022: £2068)
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).