Company Registration No. 13657051 (England and Wales)
Ultimate Home Improvements Surrey Ltd
Unaudited accounts
for the year ended 31 October 2023
Ultimate Home Improvements Surrey Ltd
Unaudited accounts
Contents
Ultimate Home Improvements Surrey Ltd
Company Information
for the year ended 31 October 2023
Directors
Jason Adrian Parker
John Player
Company Number
13657051 (England and Wales)
Registered Office
2 PINE CLOSE
NEW HAW
ADDLESTONE
KT15 3BW
ENGLAND
Accountants
Golding & Co Accounting Services Limited
29 Blackwood Close
West Byfleet
Surrey
KT14 6PP
Ultimate Home Improvements Surrey Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
16,470
4,060
Cash at bank and in hand
18,729
28,732
Creditors: amounts falling due within one year
(11,442)
(19,855)
Net current assets
20,241
16,434
Total assets less current liabilities
36,711
20,494
Creditors: amounts falling due after more than one year
(9,937)
-
Called up share capital
2,000
2,000
Profit and loss account
24,774
18,494
Shareholders' funds
26,774
20,494
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 directors acknowledge their 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 of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by
Jason Adrian Parker
Director
Company Registration No. 13657051
Ultimate Home Improvements Surrey Ltd
Notes to the Accounts
for the year ended 31 October 2023
Ultimate Home Improvements Surrey Ltd is a private company, limited by shares, registered in England and Wales, registration number 13657051. The registered office is 2 PINE CLOSE, NEW HAW, ADDLESTONE, KT15 3BW, 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.
These financial statements for the year ended 31 October 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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 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 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.
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:
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Ultimate Home Improvements Surrey Ltd
Notes to the Accounts
for the year ended 31 October 2023
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
Other debtors
11,106
5,606
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
3,313
-
Taxes and social security
5,745
8,077
Loans from directors
2,384
11,778
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
9,937
-
Allotted, called up and fully paid:
2,000 Ordinary shares of £1 each
2,000
2,000
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).