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REGISTERED NUMBER: 10225738 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

The Suffolk Shutter Company Ltd

The Suffolk Shutter Company Ltd (Registered number: 10225738)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

The Suffolk Shutter Company Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mrs S L Seddon-Price





SECRETARY:





REGISTERED OFFICE: Unit 21 Crane Business Park
Crane Bouelvard
Ipswich
IP3 9SQ





REGISTERED NUMBER: 10225738 (England and Wales)





ACCOUNTANTS: Elliot J Jenkins Associates Ltd
14 Butts Paddock
Canewdon
Essex
SS4 3QT

The Suffolk Shutter Company Ltd (Registered number: 10225738)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,983 10,156

CURRENT ASSETS
Debtors 5 1,119 1,119
Cash at bank and in hand 16,557 29,806
17,676 30,925
CREDITORS
Amounts falling due within one year 6 21,956 34,541
NET CURRENT LIABILITIES (4,280 ) (3,616 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,297

)

6,540

PROVISIONS FOR LIABILITIES 7 - 1,930
NET (LIABILITIES)/ASSETS (1,297 ) 4,610

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (1,299 ) 4,608
SHAREHOLDERS' FUNDS (1,297 ) 4,610

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Suffolk Shutter Company Ltd (Registered number: 10225738)

Balance Sheet - continued
30 April 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 July 2024 and were signed by:





Mrs S L Seddon-Price - Director


The Suffolk Shutter Company Ltd (Registered number: 10225738)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

The Suffolk Shutter Company Ltd 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 the cost less estimated residual value of each asset over its estimated useful life.

Computers/Office Equipment - 33% straight line
Plant/Machinery - 25% straight line
Furniture/fixtures - 25% straight line
Motor Vehicles - 25% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 ) .

The Suffolk Shutter Company Ltd (Registered number: 10225738)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023
and 30 April 2024 23,675 8,408 3,176 35,259
DEPRECIATION
At 1 May 2023 15,340 7,258 2,505 25,103
Charge for year 5,802 877 494 7,173
At 30 April 2024 21,142 8,135 2,999 32,276
NET BOOK VALUE
At 30 April 2024 2,533 273 177 2,983
At 30 April 2023 8,335 1,150 671 10,156

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 1,119 1,119

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 20,140 29,082
Trade creditors - 413
Tax - 1,820
Directors' loan accounts 1,066 2,066
Accruals and deferred income 750 1,160
21,956 34,541

7. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax - 1,930

Deferred
tax
£   
Balance at 1 May 2023 1,930
Provided during year (1,930 )
Balance at 30 April 2024 -

The Suffolk Shutter Company Ltd (Registered number: 10225738)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs S L Seddon-Price.

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
The Suffolk Shutter Company Ltd

The following reproduces the text of the report prepared for the director in respect of the Company's annual unaudited financial statements. In accordance with the Companies Act 2006, the Company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Suffolk Shutter Company Ltd for the year ended 30 April 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of The Suffolk Shutter Company Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Suffolk Shutter Company Ltd and state those matters that we have agreed to state to the director of The Suffolk Shutter Company Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.

It is your duty to ensure that The Suffolk Shutter Company Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Suffolk Shutter Company Ltd. You consider that The Suffolk Shutter Company Ltd 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 financial statements of The Suffolk Shutter Company Ltd. 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 financial statements.






Elliot J Jenkins Associates Ltd
14 Butts Paddock
Canewdon
Essex
SS4 3QT


31 July 2024