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
ISLAND STRUCTURAL LIMITED
Company Information
for the year ended 31 October 2023
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
ISLAND STRUCTURAL LIMITED
Statement of financial position
as at 31 October 2023
Tangible assets
16,599
18,402
Cash at bank and in hand
85,526
90,226
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
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
ISLAND STRUCTURAL LIMITED
Notes to the Accounts
for the year ended 31 October 2023
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.
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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.
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:
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Tangible fixed assets
Total
ISLAND STRUCTURAL LIMITED
Notes to the Accounts
for the year ended 31 October 2023
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
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Average number of employees
During the year the average number of employees was 7 (2022: 7).