Company Registration No. 11703888 (England and Wales)
Reid Surfacing Ltd
Unaudited accounts
for the year ended 30 November 2023
Reid Surfacing Ltd
Unaudited accounts
Contents
Reid Surfacing Ltd
Company Information
for the year ended 30 November 2023
Company Number
11703888 (England and Wales)
Registered Office
Unit G21, The Avenues
Eleventh Avenue North
Team Valley Trading Estat
Gateshead
NE11 0NJ
United Kingdom
Reid Surfacing Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
430,932
207,926
Cash at bank and in hand
32,880
61,873
Creditors: amounts falling due within one year
(25,455)
(55,225)
Net current assets
71,376
42,389
Total assets less current liabilities
502,308
250,315
Creditors: amounts falling due after more than one year
(127,642)
(34,996)
Net assets
374,666
215,319
Called up share capital
100
100
Profit and loss account
374,566
215,219
Shareholders' funds
374,666
215,319
For the year ending 30 November 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 30 August 2024 and were signed on its behalf by
Ronald Parker
Director
Company Registration No. 11703888
Reid Surfacing Ltd
Notes to the Accounts
for the year ended 30 November 2023
Reid Surfacing Ltd is a private company, limited by shares, registered in England and Wales, registration number 11703888. The registered office is Unit G21, The Avenues, Eleventh Avenue North, Team Valley Trading Estat, Gateshead, NE11 0NJ, United Kingdom.
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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:
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Tangible fixed assets
Total
At 1 December 2022
294,567
At 30 November 2023
646,967
Charge for the year
129,394
At 30 November 2023
216,035
At 30 November 2023
430,932
At 30 November 2022
207,926
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Average number of employees
During the year the average number of employees was 2 (2022: 2).