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REGISTERED NUMBER: 11139421 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Site Fabrication And Welding Services
Limited

Site Fabrication And Welding Services
Limited (Registered number: 11139421)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Site Fabrication And Welding Services
Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: J Murphy





SECRETARY:





REGISTERED OFFICE: 3 The Mill
Stuart Works
High Street
Wordsley
West Midlands
DY8 4FA





REGISTERED NUMBER: 11139421 (England and Wales)





ACCOUNTANTS: SRC Accountancy Services Limited
3 The Mill
Stuart Works
High Street
Wordsley
West Midlands
DY8 4FA

Site Fabrication And Welding Services
Limited (Registered number: 11139421)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,288 36,385
Investments 5 60,000 60,000
87,288 96,385

CURRENT ASSETS
Debtors 6 45,376 38,844
Cash at bank 4,972 6,141
50,348 44,985
CREDITORS
Amounts falling due within one year 7 72,581 71,334
NET CURRENT LIABILITIES (22,233 ) (26,349 )
TOTAL ASSETS LESS CURRENT LIABILITIES 65,055 70,036

PROVISIONS FOR LIABILITIES 5,800 5,800
NET ASSETS 59,255 64,236

RESERVES
Retained earnings 59,255 64,236
59,255 64,236

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 August 2024 and were signed by:





J Murphy - Director


Site Fabrication And Welding Services
Limited (Registered number: 11139421)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Site Fabrication And Welding Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Site Fabrication And Welding Services
Limited (Registered number: 11139421)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 54,523
DEPRECIATION
At 1 February 2023 18,138
Charge for year 9,097
At 31 January 2024 27,235
NET BOOK VALUE
At 31 January 2024 27,288
At 31 January 2023 36,385

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.1.24 31.1.23
£    £   
No description 60,000 60,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 45,376 32,769
Other debtors - 6,075
45,376 38,844

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 16,246 381
Taxation and social security 47,176 49,476
Other creditors 9,159 21,477
72,581 71,334