MR SASH LIMITED

Company Registration Number:
07453782 (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

MR SASH LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

MR SASH LIMITED

Company Information

for the Period Ended 30 November 2023




Director: I P Legg
Registered office: 33
Caernarvon Road
Cheltenham
GL51 3JT
Company Registration Number: 07453782 (England and Wales)

MR SASH LIMITED

Directors' Report Period Ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal Activities

The principal activity of the company in the year under review was that of supplying, fitting, repairing and servicing sash windows.

Political and charitable donations

No contributions to political or charitable organisations were made during the year.

Company policy on the employment of disabled persons

It is the company’s policy to give employment to disabled persons wherever practicable. At present none of our full time staff is registered disabled.

Directors

The directors shown below have held office during the whole of the period from 01 December 2022 to 30 November 2023
I P Legg

This report was approved by the board of directors on 29 August 2024
And Signed On Behalf Of The Board By:

Name: I P Legg
Status: Director

MR SASH LIMITED

Profit and Loss Account

for the Period Ended 30 November 2023


Notes

2023
£

2022
£
Turnover 270,244 147,714
Cost of sales ( 196,802 ) ( 104,423 )
Gross Profit or (Loss) 73,442 43,291
Administrative Expenses ( 23,008 ) ( 6,496 )
Operating Profit or (Loss) 50,434 36,795
Interest Payable and Similar Charges ( 100 ) ( 91 )
Profit or (Loss) Before Tax 50,334 36,704
Tax on Profit ( 9,743 ) ( 6,959 )
Profit or (Loss) for Period 40,591 29,745

The notes form part of these financial statements

MR SASH LIMITED

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 5 1,066
Total fixed assets: 1,066
Current assets
Stocks: 900 500
Cash at bank and in hand: 66,730 56,426
Total current assets: 67,630 56,926
Creditors: amounts falling due within one year: 6 ( 18,553 ) ( 27,037 )
Net current assets (liabilities): 49,077 29,889
Total assets less current liabilities: 50,143 29,889
Total net assets (liabilities): 50,143 29,889

The notes form part of these financial statements

MR SASH LIMITED

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 50,043 29,789
Shareholders funds: 50,143 29,889

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 29 August 2024
And Signed On Behalf Of The Board By:

Name: I P Legg
Status: Director

The notes form part of these financial statements

MR SASH LIMITED

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

    Turnover policy

    Tumover represents net invoiced sales of goods, excluding value added tax where applicable. The company re-registered for VAT from 1st June 2022.

    Tangible fixed assets depreciation policy

    Depreciation will be provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
    Office furniture and equipment 15% on cost
    Motor vehicles 25% on reducing balance

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstance indicate that the carrying value of an asset may not be fully recoverable.

    Valuation information and policy

    Stocks and work -in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

MR SASH LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

MR SASH LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

MR SASH LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Dividends


2023
£

2022
£
Dividends paid 20,000 9,000

MR SASH LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Tangible assets

Office equipment Total
Cost £ £
At 01 December 2022 1,075 1,075
Additions 1,254 1,254
Disposals - -
Revaluations - -
Transfers - -
At 30 November 2023 2,329 2,329
Depreciation
At 01 December 2022 1,075 1,075
Charge for year 188 188
On disposals - -
Other adjustments - -
At 30 November 2023 1,263 1,263
Net book value
At 30 November 2023 1,066 1,066
At 30 November 2022 0 0

MR SASH LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 2,242 17,797
Taxation and social security 16,311 9,240
Total 18,553 27,037