SPEED DEL LTD

Company Registration Number:
08782762 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

SPEED DEL LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

SPEED DEL LTD

Company Information

for the Period Ended 30 November 2023




Director: Veselin Hristov
Stefani Danova
Registered office: Flat 7
44 Brambles Crescent
Blythe Valley Park
Solihull
GBR
B90 8DJ
Company Registration Number: 08782762 (England and Wales)

SPEED DEL LTD

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 5 18,170 10,116
Total fixed assets: 18,170 10,116
Current assets
Debtors: 6 206
Cash at bank and in hand: 27,847 62,854
Total current assets: 27,847 63,060
Creditors: amounts falling due within one year: 7 ( 12,716 ) ( 27,012 )
Net current assets (liabilities): 15,131 36,048
Total assets less current liabilities: 33,301 46,164
Creditors: amounts falling due after more than one year: 8 ( 33,140 ) ( 43,788 )
Total net assets (liabilities): 161 2,376

The notes form part of these financial statements

SPEED DEL LTD

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 61 2,276
Shareholders funds: 161 2,376

For the year ending 30 November 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.

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

This report was approved by the board of directors on 22 August 2024
And Signed On Behalf Of The Board By:

Name: Veselin Hristov
Status: Director

The notes form part of these financial statements

SPEED DEL LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

SPEED DEL LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

SPEED DEL LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

SPEED DEL LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Dividends


2023
£

2022
£
Dividends paid 6,000 6,268

SPEED DEL LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Tangible assets

Plant & machinery Total
Cost £ £
At 01 December 2022 18,348 18,348
Additions 12,042 12,042
Disposals - -
Revaluations - -
Transfers - -
At 30 November 2023 30,390 30,390
Depreciation
At 01 December 2022 8,232 8,232
Charge for year 3,988 3,988
On disposals - -
Other adjustments - -
At 30 November 2023 12,220 12,220
Net book value
At 30 November 2023 18,170 18,170
At 30 November 2022 10,116 10,116

SPEED DEL LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Debtors


2023
£

2022
£
Trade debtors 206
Total 206

SPEED DEL LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 7,180 17,448
Taxation and social security 4,823 8,901
Accruals and deferred income 713 663
Total 12,716 27,012

SPEED DEL LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

8.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 33,140 43,788
Total 33,140 43,788