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Company Registration No. 03256768 (England and Wales)
ISLAND STRUCTURAL LIMITED Unaudited accounts for the year ended 31 October 2023
ISLAND STRUCTURAL LIMITED Unaudited accounts Contents
Page
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ISLAND STRUCTURAL LIMITED Company Information for the year ended 31 October 2023
Director
Mr K.D. Newnham
Company Number
03256768 (England and Wales)
Registered Office
Bowcombe Works Bowcombe Newport Isle of Wight PO30 3HZ
Accountants
Martin Bridges & Co 39 High Street Shanklin Isle of Wight PO37 6JJ
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ISLAND STRUCTURAL LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,599 
18,402 
Current assets
Inventories
20,000 
20,000 
Debtors
102,350 
54,606 
Cash at bank and in hand
85,526 
90,226 
207,876 
164,832 
Creditors: amounts falling due within one year
(63,232)
(79,895)
Net current assets
144,644 
84,937 
Total assets less current liabilities
161,243 
103,339 
Provisions for liabilities
Deferred tax
(1,837)
(2,369)
Net assets
159,406 
100,970 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
158,406 
99,970 
Shareholders' funds
159,406 
100,970 
For the year ending 31 October 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 26 July 2024 and were signed on its behalf by
Mr K.D. Newnham Director Company Registration No. 03256768
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ISLAND STRUCTURAL LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
ISLAND STRUCTURAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03256768. The registered office is Bowcombe Works, Bowcombe, Newport, Isle of Wight, PO30 3HZ.
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:
Plant & machinery
15 %
Motor vehicles
20 %
Fixtures & fittings
25 %
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 November 2022
86,600 
Additions
1,500 
At 31 October 2023
88,100 
Depreciation
At 1 November 2022
68,198 
Charge for the year
3,303 
At 31 October 2023
71,501 
Net book value
At 31 October 2023
16,599 
At 31 October 2022
18,402 
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ISLAND STRUCTURAL LIMITED Notes to the Accounts for the year ended 31 October 2023
5
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
6
Average number of employees
During the year the average number of employees was 7 (2022: 7).
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