IRIS Accounts Production v23.4.0.336 10163988 Board of Directors Board of Directors 1.6.22 31.5.23 31.5.23 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh101639882022-05-31101639882023-05-31101639882022-06-012023-05-31101639882021-05-31101639882021-06-012022-05-31101639882022-05-3110163988ns15:EnglandWales2022-06-012023-05-3110163988ns14:PoundSterling2022-06-012023-05-3110163988ns10:Director12022-06-012023-05-3110163988ns10:Director22022-06-012023-05-3110163988ns10:PrivateLimitedCompanyLtd2022-06-012023-05-3110163988ns10:SmallEntities2022-06-012023-05-3110163988ns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3110163988ns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3110163988ns10:SmallCompaniesRegimeForAccounts2022-06-012023-05-3110163988ns10:FullAccounts2022-06-012023-05-3110163988ns10:OrdinaryShareClass12022-06-012023-05-3110163988ns10:RegisteredOffice2022-06-012023-05-3110163988ns5:CurrentFinancialInstruments2023-05-3110163988ns5:CurrentFinancialInstruments2022-05-3110163988ns5:Non-currentFinancialInstruments2023-05-3110163988ns5:Non-currentFinancialInstruments2022-05-3110163988ns5:ShareCapital2023-05-3110163988ns5:ShareCapital2022-05-3110163988ns5:RetainedEarningsAccumulatedLosses2023-05-3110163988ns5:RetainedEarningsAccumulatedLosses2022-05-3110163988ns5:PlantMachinery2022-06-012023-05-3110163988ns5:MotorVehicles2022-06-012023-05-3110163988ns5:ComputerEquipment2022-06-012023-05-3110163988ns5:PlantMachinery2022-05-3110163988ns5:MotorVehicles2022-05-3110163988ns5:ComputerEquipment2022-05-3110163988ns5:PlantMachinery2023-05-3110163988ns5:MotorVehicles2023-05-3110163988ns5:ComputerEquipment2023-05-3110163988ns5:PlantMachinery2022-05-3110163988ns5:MotorVehicles2022-05-3110163988ns5:ComputerEquipment2022-05-3110163988ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3110163988ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-3110163988ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-05-3110163988ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-05-3110163988ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-05-3110163988ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-05-3110163988ns10:OrdinaryShareClass12023-05-31
REGISTERED NUMBER: 10163988 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023

FOR

ANGLIAN SOLUTIONS LTD

ANGLIAN SOLUTIONS LTD (REGISTERED NUMBER: 10163988)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ANGLIAN SOLUTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: Mr S J Jordan
Mr R McBride





REGISTERED OFFICE: 21 Market Place
Dereham
Norfolk
NR19 2AX





REGISTERED NUMBER: 10163988 (England and Wales)





ACCOUNTANTS: Farnell Clarke (Dereham) Limited
21 Market Place
Dereham
Norfolk
NR19 2AX

ANGLIAN SOLUTIONS LTD (REGISTERED NUMBER: 10163988)

STATEMENT OF FINANCIAL POSITION
31 MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,275 8,767

CURRENT ASSETS
Stocks 11,832 11,832
Debtors 5 27,820 20,898
Cash at bank and in hand 14,553 46,789
54,205 79,519
CREDITORS
Amounts falling due within one year 6 44,202 52,349
NET CURRENT ASSETS 10,003 27,170
TOTAL ASSETS LESS CURRENT LIABILITIES 14,278 35,937

CREDITORS
Amounts falling due after more than one
year

7

(8,000

)

(12,000

)

PROVISIONS FOR LIABILITIES (1,666 ) -
NET ASSETS 4,612 23,937

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 4,512 23,837
SHAREHOLDERS' FUNDS 4,612 23,937

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

ANGLIAN SOLUTIONS LTD (REGISTERED NUMBER: 10163988)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 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 15 March 2024 and were signed on its behalf by:




Mr S J Jordan - Director



Mr R McBride - Director


ANGLIAN SOLUTIONS LTD (REGISTERED NUMBER: 10163988)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1. STATUTORY INFORMATION

Anglian Solutions Ltd 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 the cost less estimated residual value of each asset over its estimated useful life.
Showroom display - 33% on cost
Motor vehicles - 25% on cost
Equipment - 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

ANGLIAN SOLUTIONS LTD (REGISTERED NUMBER: 10163988)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

4. TANGIBLE FIXED ASSETS
Showroom Motor
display vehicles Equipment Totals
£    £    £    £   
COST
At 1 June 2022
and 31 May 2023 24,421 15,769 2,839 43,029
DEPRECIATION
At 1 June 2022 24,391 7,884 1,987 34,262
Charge for year 27 3,942 523 4,492
At 31 May 2023 24,418 11,826 2,510 38,754
NET BOOK VALUE
At 31 May 2023 3 3,943 329 4,275
At 31 May 2022 30 7,885 852 8,767

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 26,304 19,832
Other debtors 281 -
Prepayments 1,235 1,066
27,820 20,898

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,000 4,000
Trade creditors 7,583 1,041
Amounts owed to group undertakings 13,137 28,688
Corporation tax 3,761 4,740
Social security and other taxes - 173
VAT 2,755 1,774
Directors' current accounts 11,066 10,083
Accrued expenses 1,900 1,850
44,202 52,349

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 8,000 4,000
Bank loans - 2-5 years - 8,000
8,000 12,000

ANGLIAN SOLUTIONS LTD (REGISTERED NUMBER: 10163988)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. RELATED PARTY DISCLOSURES

At the balance sheet date, a loan existed between the company and a related company under common control, Furniture Plus (Anglian) Ltd. The amount owed to the related company was £13,137 (2022: £28,688). The loan was interest free and repayable on demand.







10. ULTIMATE CONTROLLING PARTY

The shares in the company are held equally by the two directors, with no one shareholder having overall control of the company.