E.T.C. SPORTS SURFACES LIMITED

Company Registration Number:
04216396 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

E.T.C. SPORTS SURFACES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

E.T.C. SPORTS SURFACES LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 260,795 215,969
Total fixed assets: 260,795 215,969
Current assets
Stocks: 6,000 20,119
Debtors:   1,231,450 946,163
Cash at bank and in hand: 384,025 485,081
Total current assets: 1,621,475 1,451,363
Creditors: amounts falling due within one year: 4 (452,185) (438,885)
Net current assets (liabilities): 1,169,290 1,012,478
Total assets less current liabilities: 1,430,085 1,228,447
Creditors: amounts falling due after more than one year: 5 (8,425) (4,031)
Total net assets (liabilities): 1,421,660 1,224,416
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 1,421,460 1,224,216
Shareholders funds: 1,421,660 1,224,416

The notes form part of these financial statements

E.T.C. SPORTS SURFACES LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 August 2024
and signed on behalf of the board by:

Name: S Wells
Status: Director

The notes form part of these financial statements

E.T.C. SPORTS SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is shorter.Plant & Machinery etc.- 33% reducing balance,

Other accounting policies

Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.Hire purchase and leasingAssets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.Rentals paid under operating leases are charged to the profit or loss on a straight line basis over the period of the lease.Pension costs and other post-retirement benefitsThe company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

E.T.C. SPORTS SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 20 20

E.T.C. SPORTS SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 516,517
Additions 128,940
Disposals (47,035)
At 31 December 2023 598,422
Depreciation
At 01 January 2023 300,548
Charge for year 53,062
On disposals (15,983)
At 31 December 2023 337,627
Net book value
At 31 December 2023 260,795
At 31 December 2022 215,969

E.T.C. SPORTS SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

31.12.23 31.12.22Hire Purchase contracts 10,597 17,783Trade Creditors 133,468 205,220Taxation and social security 232,930 166,084Other Creditors 75,190 49,798 Total 452,185 438,885

E.T.C. SPORTS SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due after more than one year note

31.12.23 31.12.22Hire purchase contracts 8,425 4,031