Company Registration No. 04064619 (England and Wales)
Stretch Ceilings ME Limited
Unaudited accounts
for the year ended 29 July 2023
Stretch Ceilings ME Limited
Unaudited accounts
Contents
Stretch Ceilings ME Limited
Company Information
for the year ended 29 July 2023
Company Number
04064619 (England and Wales)
Registered Office
23 Doman Road
Yorktown Ind Estate
Camberley
GU15 3DF
Accountants
Black & White Chartered Certified Accountants
2-3 Stable Court
Herriard Park
Herriard
Hampshire
RG25 2PL
Stretch Ceilings ME Limited
Statement of financial position
as at 29 July 2023
Tangible assets
140,650
234,852
Inventories
262,341
268,877
Cash at bank and in hand
38,224
13,274
Creditors: amounts falling due within one year
(384,500)
(399,209)
Net current assets
548,665
278,781
Net assets
689,315
513,633
Called up share capital
5,000
5,000
Revaluation reserve
45,854
45,854
Profit and loss account
638,461
462,779
Shareholders' funds
689,315
513,633
For the year ending 29 July 2023 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 23 August 2024 and were signed on its behalf by
Stephen Savage
Director
Company Registration No. 04064619
Stretch Ceilings ME Limited
Notes to the Accounts
for the year ended 29 July 2023
Stretch Ceilings ME Limited is a private company, limited by shares, registered in England and Wales, registration number 04064619. The registered office is 23 Doman Road, Yorktown Ind Estate, Camberley, GU15 3DF.
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.
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:
Plant & machinery
5 and 10 years straight line
Motor vehicles
10 years straight line
Fixtures & fittings
5 years straight line
Computer equipment
5 years straight line
Other tangible fixed assets
5 years stright line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Intellectual property rights - 10 years straight line
4
Intangible fixed assets
Other
Stretch Ceilings ME Limited
Notes to the Accounts
for the year ended 29 July 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 30 July 2022
337,694
94,981
52,712
31,517
516,904
At 29 July 2023
337,694
94,981
52,712
31,517
516,904
At 30 July 2022
200,789
-
49,851
31,412
282,052
Charge for the year
54,074
37,162
17,414
105
108,755
Surplus on revaluation
-
-
(14,553)
-
(14,553)
At 29 July 2023
254,863
37,162
52,712
31,517
376,254
At 29 July 2023
82,831
57,819
-
-
140,650
At 29 July 2022
136,905
94,981
2,861
105
234,852
Amounts falling due within one year
Trade debtors
632,600
370,349
Amounts due from group undertakings etc.
-
9,446
Accrued income and prepayments
-
4,034
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
122,988
154,398
Other creditors
68,967
19,672
Loans from directors
190,835
221,841
8
Average number of employees
During the year the average number of employees was 20 (2022: 20).