Company registration number:
04852624
Cumbria Saw Service Limited
Unaudited financial statements
For the year ended
31 July 2023
Cumbria Saw Service Limited
Statement of financial position
31 July 2023
|
|
|
2023 |
|
|
2022 |
|
|
|
|
£ |
£ |
|
£ |
£ |
|
|
|
|
|
|
|
|
Fixed assets |
|
|
|
303,129 |
|
|
314,508 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Current assets |
|
|
157,322 |
|
|
174,079 |
|
Prepayments and accrued income |
|
|
753 |
|
|
260 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
158,075 |
|
|
174,339 |
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
|
|
|
(
108,817) |
|
|
(
93,824) |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Net current assets |
|
|
|
49,258 |
|
|
80,515 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Total assets less current liabilities |
|
|
|
352,387 |
|
|
395,023 |
|
|
|
|
|
|
|
|
Creditors: amounts falling due after more than one year |
|
|
|
(
45,233) |
|
|
(
90,314) |
|
|
|
|
|
|
|
|
Accruals and deferred income |
|
|
|
(
4,001) |
|
|
(
1,743) |
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
|
_______ |
Net assets |
|
|
|
303,153 |
|
|
302,966 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
|
303,153 |
|
|
302,966 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Cumbria Saw Service Limited
Year ended 31 July 2023
1.
Accounting basis and standards
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.
2.
Employee numbers
The average number of persons employed by the company during the year amounted to
3
(2022:
3
).
3.
Directors advances, credits and guarantees
During the year the company made advances to
Mr S A F Marsh
, a director, totalling £60,457 (2022 - £81,686). Repayments of £85,557 were made by 31 July 2023 and so the balance outstanding at the year end, 31 July 2023, was £29,519 (2022 - £54,619). Where applicable, interest is charged on overdrawn loan accounts at the rate of 2.00% per annum to 05 April 2023 and 2.25% thereafter, loans are repayable on demand.
4.
Company Information
The company is registered in England and its registered number is
04852624
. The company is a private company limited by shares. Its registered office is Low Road, Brigham, Cockermouth, CA13 0XH.
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.
Directors responsiblities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
12 March 2024
, and are signed on behalf of the board by:
Mr S A F Marsh
Director
Company registration number:
04852624