Registered number
08271757
Strongman Scaffold Alarms Limited
Filleted Accounts
31 October 2023
Strongman Scaffold Alarms Limited
Registered number: 08271757
Balance Sheet
as at 31 October 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 36,451 21,614
Current assets
Stocks 3,358 3,124
Debtors 4 59,305 61,865
Investments held as current assets 5 26,254 25,424
Cash at bank and in hand 7,182 8,068
96,099 98,481
Creditors: amounts falling due within one year 6 (68,841) (80,707)
Net current assets 27,258 17,774
Total assets less current liabilities 63,718 39,388
Creditors: amounts falling due after more than one year 7 (44,422) (36,455)
Net assets 19,296 2,933
Capital and reserves
Called up share capital 100 100
Profit and loss account 2,770 2,833
Shareholders' funds 2,870 2,933
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
L.A. Pawlik
Director
Approved by the board on 28 July 2024
Strongman Scaffold Alarms Limited
Notes to the Accounts
for the year ended 31 October 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Investments
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 4 4
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 November 2022 22,855 25,020 47,875
Additions - 20,900 20,900
At 31 October 2023 22,855 45,920 68,775
Depreciation
At 1 November 2022 18,689 7,572 26,261
Charge for the year 943 5,120 6,063
At 31 October 2023 19,632 12,692 32,324
Net book value
At 31 October 2023 3,223 33,228 36,451
At 31 October 2022 4,166 17,448 21,614
4 Debtors 2023 2022
£ £
Trade debtors 31,587 34,147
Other debtors 27,718 27,718
59,305 61,865
5 Investments held as current assets 2023 2022
£ £
Fair value
Listed investments 26,254 25,424
6 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 5,412 6,022
Taxation and social security costs 44,706 71,742
Other creditors 18,723 2,943
68,841 80,707
7 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 26,329 36,455
Obligations under finance lease and hire purchase contracts 18,093 -
44,422 36,455
8 Other information
Strongman Scaffold Alarms Limited is a private company limited by shares and incorporated in England. Its registered office is:
7 Bell Yard
London
WC2A 2JR
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