Registered number
13479220
Silman Jones Master Thatchers Ltd
Filleted Accounts
30 June 2024
Silman Jones Master Thatchers Ltd
Registered number: 13479220
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 19,054 24,989
Current assets
Stocks 2,000 7,679
Debtors 4 - 11,000
Cash at bank and in hand 3,704 5,157
5,704 23,836
Creditors: amounts falling due within one year 5 (24,419) (42,563)
Net current liabilities (18,715) (18,727)
Net assets 339 6,262
Capital and reserves
Called up share capital 2 2
Profit and loss account 337 6,260
Shareholders' funds 339 6,262
The directors are 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 directors acknowledge their 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.
S G Silman
Director
Approved by the board on 26 July 2024
Silman Jones Master Thatchers Ltd
Notes to the Accounts
for the year ended 30 June 2024
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:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 July 2023 894 38,760 39,654
Additions 415 - 415
At 30 June 2024 1,309 38,760 40,069
Depreciation
At 1 July 2023 302 14,363 14,665
Charge for the year 251 6,099 6,350
At 30 June 2024 553 20,462 21,015
Net book value
At 30 June 2024 756 18,298 19,054
At 30 June 2023 592 24,397 24,989
4 Debtors 2024 2023
£ £
Trade debtors - 11,000
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors - 4,509
Taxation and social security costs 23,934 6,388
Other creditors 485 31,666
24,419 42,563
6 Other information
Silman Jones Master Thatchers Ltd is a private company limited by shares and incorporated in England. Its registered office is:
16 Hay Pool
Farnborough
Banbury
OX17 1EE
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