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Company Registration No. 12757757 (England and Wales)
SOLID STATE DECORATORS LTD Unaudited accounts for the year ended 31 July 2023
SOLID STATE DECORATORS LTD Unaudited accounts Contents
Page
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SOLID STATE DECORATORS LTD Company Information for the year ended 31 July 2023
Director
Danny Lewis
Company Number
12757757 (England and Wales)
Registered Office
14 ST. EDWARDS ROAD STOW ON THE WOLD CHELTENHAM GL54 1AP ENGLAND
Accountants
Accounts On Us Ltd Suite 5, Crowood House Gipsy Lane Swindon Wilts SN2 8YY
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SOLID STATE DECORATORS LTD Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,497 
7,876 
Current assets
Debtors
12,709 
907 
Cash at bank and in hand
38,363 
32,926 
51,072 
33,833 
Creditors: amounts falling due within one year
(193,106)
(143,905)
Net current liabilities
(142,034)
(110,072)
Net liabilities
(130,537)
(102,196)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(130,538)
(102,197)
Shareholders' funds
(130,537)
(102,196)
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 8 March 2024 and were signed on its behalf by
Danny Lewis Director Company Registration No. 12757757
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SOLID STATE DECORATORS LTD Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
SOLID STATE DECORATORS LTD is a private company, limited by shares, registered in England and Wales, registration number 12757757. The registered office is 14 ST. EDWARDS ROAD, STOW ON THE WOLD, CHELTENHAM, GL54 1AP, ENGLAND.
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.
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% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
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.
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SOLID STATE DECORATORS LTD Notes to the Accounts for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2022
4,853 
2,750 
2,944 
10,547 
Additions
- 
5,980 
435 
6,415 
At 31 July 2023
4,853 
8,730 
3,379 
16,962 
Depreciation
At 1 August 2022
942 
855 
874 
2,671 
Charge for the year
978 
1,244 
572 
2,794 
At 31 July 2023
1,920 
2,099 
1,446 
5,465 
Net book value
At 31 July 2023
2,933 
6,631 
1,933 
11,497 
At 31 July 2022
3,911 
1,895 
2,070 
7,876 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,709 
793 
Accrued income and prepayments
- 
114 
12,709 
907 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
98,900 
65,726 
Trade creditors
3,328 
- 
Taxes and social security
86,956 
54,520 
Loans from directors
818 
20,745 
Accruals
3,104 
2,914 
193,106 
143,905 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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