2023-04-01 11691040 2024-03-31 11691040 2023-04-01 2024-03-31 11691040 2023-03-31 11691040 2022-04-01 2023-03-31 11691040 uk-core:WithinOneYear 2023-03-31 11691040 uk-core:WithinOneYear 2024-03-31 11691040 uk-core:AfterOneYear 2023-03-31 11691040 uk-core:AfterOneYear 2024-03-31 11691040 uk-core:ShareCapital 2024-03-31 11691040 uk-core:ShareCapital 2023-03-31 11691040 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 11691040 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 11691040 uk-bus:Director1 2023-04-01 2024-03-31 11691040 uk-bus:Director2 2023-04-01 2024-03-31 11691040 uk-core:PlantMachinery 2023-04-01 2024-03-31 11691040 uk-core:ComputerEquipment 2023-04-01 2024-03-31 11691040 uk-core:MotorVehicles 2023-04-01 2024-03-31 11691040 uk-core:FurnitureFittings 2023-04-01 2024-03-31 11691040 uk-core:ComputerEquipment 2023-03-31 11691040 uk-core:FurnitureFittings 2023-03-31 11691040 uk-core:MotorVehicles 2023-03-31 11691040 uk-core:PlantMachinery 2023-03-31 11691040 uk-core:MotorVehicles 2024-03-31 11691040 uk-core:FurnitureFittings 2024-03-31 11691040 uk-core:ComputerEquipment 2024-03-31 11691040 uk-core:PlantMachinery 2024-03-31 11691040 uk-core:WithinOneYear 2024-03-31 11691040 uk-core:WithinOneYear 2023-03-31 11691040 uk-core:AfterOneYear uk-core:Secured 2024-03-31 11691040 uk-core:AfterOneYear uk-core:Secured 2023-03-31 iso4217:GBP xbrli:pure 11691040 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 11691040 uk-bus:FRS102 2023-04-01 2024-03-31 11691040 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 11691040 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
S.P.O Joinery Limited
Registered Number:11691040
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
S.P.O Joinery Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
11691040
As at 31 March 2024
S.P.O Joinery Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
38,419
44,954
2
38,419
44,954
Current assets
Trade and other receivables
62,415
70,821
3
33,564
Cash and cash equivalents
36,817
107,638
95,979
Trade and other payables: amounts falling due within one
year
(20,432)
(32,592)
4
75,547
75,046
Net current assets
Total assets less current liabilities
113,465
120,501
Trade and other payables: amounts falling due after more
than one year
(99,759)
(102,782)
5
(9,398)
(8,541)
Provisions for liabilities
1,285
Net assets
12,201
Capital and reserves
Called up share capital
100
100
Retained earnings
1,185
12,101
1,285
12,201
Shareholders' funds
For the year ended 31 March 2024 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Steven Prys-Owen Director
Miss Stephanie Davies Director
These financial statements were approved and authorised for issue by the Board on 01 August 2024 and were signed by:
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4
Registered Number :
11691040
For the year ended 31 March 2024
S.P.O Joinery Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 March 2024
S.P.O Joinery Limited
Notes to the Financial Statements
Statutory Information
S.P.O Joinery Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 11691040.
Registered address:
2 Cae'R Gog
Pantymwyn
Mold
CH7 5EX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
25% Reducing balance
Computer Equipment
25% Reducing balance
Motor Vehicles
15% Straight line
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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6
For the year ended 31 March 2024
S.P.O Joinery Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor
Vehicles
Plant and
Machinery
£
£
£
£
£
Cost or
valuation
At 01 April 2023
57,107
3,178
418
42,900
10,611
At 31 March 2024
42,900
418
3,178
57,107
10,611
Provision for depreciation and impairment
At 01 April 2023
12,153
1,557
218
6,135
4,243
Charge for year
6,535
405
50
3,969
2,111
At 31 March 2024
18,688
1,962
268
10,104
6,354
At 31 March 2024
Net book value
4,257
32,796
150
1,216
38,419
At 31 March 2023
6,368
36,765
200
1,621
44,954
3. Trade and other receivables
2023
2024
£
£
Trade debtors
33,861
12,721
Amounts owed by group undertakings and participating interests
30,450
-
Prepayments and accrued income
5,283
13,377
Taxation and social security
1,227
2,266
Other debtors
-
34,051
62,415
70,821
The debtors above include the following amounts falling due after more than one year:
Amounts owed by group undertakings and participating interests
30,450
-
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
5,085
4,957
Trade creditors
1,590
376
Taxation and social security
22,955
11,611
Accruals and deferred income
2,495
2,699
Other creditors
467
789
32,592
20,432
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7
For the year ended 31 March 2024
S.P.O Joinery Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
6,978
12,063
87,696
95,804
Directors' loan accounts
102,782
99,759
6. Average number of persons employed
During the year the average number of employees was 5 (2023 : 7)
7. Parent-subsidiary relationship
SPOSD Ltd2 Cae'R GogPantymwynMoldCH7 5EX
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