Company Registration No. 07977468 (England and Wales)
S. Dryer Builders Limited
Unaudited accounts
for the year ended 31 March 2024
S. Dryer Builders Limited
Unaudited accounts
Contents
S. Dryer Builders Limited
Company Information
for the year ended 31 March 2024
Company Number
07977468 (England and Wales)
Registered Office
5 Locks Heath Park Road
Locks Heath
Southampton
SO31 6ND
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
S. Dryer Builders Limited
Accountants' report
Accountants' report to the director of S. Dryer Builders Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
S. Dryer Builders Limited for the year ended
31 March 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of S. Dryer Builders Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of S. Dryer Builders Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than S. Dryer Builders Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that S. Dryer Builders Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of S. Dryer Builders Limited. You consider that S. Dryer Builders Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of S. Dryer Builders Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
8 May 2024
S. Dryer Builders Limited
Statement of financial position
as at 31 March 2024
Tangible assets
10,402
3,372
Cash at bank and in hand
38,879
49,416
Creditors: amounts falling due within one year
(29,898)
(12,258)
Net current assets
9,759
37,158
Called up share capital
100
100
Profit and loss account
20,061
40,430
Shareholders' funds
20,161
40,530
For the year ending 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 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.
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 8 May 2024 and were signed on its behalf by
Simon Dryer
Director
Company Registration No. 07977468
S. Dryer Builders Limited
Notes to the Accounts
for the year ended 31 March 2024
S. Dryer Builders Limited is a private company, limited by shares, registered in England and Wales, registration number 07977468. The registered office is 5 Locks Heath Park Road, Locks Heath, Southampton, SO31 6ND.
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.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Motor vehicles
25% on reducing balance
Computer equipment
25% on reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill - 10% on cost
4
Intangible fixed assets
Goodwill
S. Dryer Builders Limited
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
16,939
28,363
45,302
At 31 March 2024
24,949
28,363
53,312
At 1 April 2023
15,985
25,945
41,930
Charge for the year
376
604
980
At 31 March 2024
16,361
26,549
42,910
At 31 March 2024
8,588
1,814
10,402
At 31 March 2023
954
2,418
3,372
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,617
8,617
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
-
(22,229)
(22,229)
-
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).