2022-12-01 07446927 2023-11-30 07446927 2022-12-01 2023-11-30 07446927 2022-11-30 07446927 2021-12-01 2022-11-30 07446927 uk-core:WithinOneYear 2022-11-30 07446927 uk-core:WithinOneYear 2023-11-30 07446927 uk-core:AfterOneYear 2022-11-30 07446927 uk-core:AfterOneYear 2023-11-30 07446927 uk-core:ShareCapital 2023-11-30 07446927 uk-core:ShareCapital 2022-11-30 07446927 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 07446927 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 07446927 uk-bus:Director1 2022-12-01 2023-11-30 07446927 uk-core:PlantMachinery 2022-12-01 2023-11-30 07446927 uk-core:ToolsEquipment 2022-12-01 2023-11-30 07446927 uk-core:CommercialMotorVehicles 2022-12-01 2023-11-30 07446927 uk-core:FurnitureFittings 2022-12-01 2023-11-30 07446927 uk-core:ToolsEquipment 2022-11-30 07446927 uk-core:FurnitureFittings 2022-11-30 07446927 uk-core:CommercialMotorVehicles 2022-11-30 07446927 uk-core:PlantMachinery 2022-11-30 07446927 uk-core:CommercialMotorVehicles 2023-11-30 07446927 uk-core:FurnitureFittings 2023-11-30 07446927 uk-core:ToolsEquipment 2023-11-30 07446927 uk-core:PlantMachinery 2023-11-30 07446927 uk-core:WithinOneYear 2023-11-30 07446927 uk-core:WithinOneYear 2022-11-30 07446927 uk-core:AfterOneYear uk-core:Secured 2023-11-30 07446927 uk-core:AfterOneYear uk-core:Secured 2022-11-30 iso4217:GBP xbrli:pure 07446927 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 07446927 uk-bus:FRS102 2022-12-01 2023-11-30 07446927 uk-bus:FullAccounts 2022-12-01 2023-11-30 07446927 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30
Slipscreens Limited
Registered Number:07446927
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 November 2023
Slipscreens Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
07446927
As at 30 November 2023
Slipscreens Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
138,007
124,831
2
138,007
124,831
Current assets
Inventories
93,250
87,450
3
Trade and other receivables
650
650
4
2,722
Cash and cash equivalents
21,158
109,258
96,622
Trade and other payables: amounts falling due within one
year
(80,571)
(157,734)
5
16,051
(48,476)
Net current liabilities
Total assets less current liabilities
89,531
140,882
Trade and other payables: amounts falling due after more
than one year
(134,022)
(85,466)
6
4,065
Net assets
6,860
Capital and reserves
Called up share capital
100
100
Retained earnings
3,965
6,760
4,065
6,860
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs J Langdown Director
These financial statements were approved and authorised for issue by the Board on 30 August 2024 and were signed by:
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4
Registered Number :
07446927
For the year ended 30 November 2023
Slipscreens Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 November 2023
Slipscreens Limited
Notes to the Financial Statements
Statutory Information
Slipscreens Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07446927.
Registered address:
Broad Haven Road
Tiers Cross
Haverfordwest
Pembrokeshire
SA62 3BZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15% Reducing balance
15% Reducing balance
Computer equipment
20% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures and fittings
Inventories
Stocks 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 costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.
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6
For the year ended 30 November 2023
Slipscreens Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
£
Cost or
valuation
At 01 December 2022
245,786
11,214
14,926
21,478
198,168
37,935
-
-
-
37,935
Additions
At 30 November 2023
21,478
14,926
11,214
283,721
236,103
Provision for depreciation and impairment
At 01 December 2022
120,955
5,666
8,857
18,036
88,396
Charge for year
24,759
832
910
861
22,156
At 30 November 2023
145,714
6,498
9,767
18,897
110,552
At 30 November 2023
Net book value
125,551
2,581
5,159
4,716
138,007
At 30 November 2022
109,772
3,442
6,069
5,548
124,831
3. Inventories
2022
2023
£
£
Stocks
87,450
93,250
4. Trade and other receivables
2022
2023
£
£
Other debtors
650
650
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
31,875
17,695
Trade creditors
19,069
22,323
Taxation and social security
4,753
5,573
Other creditors
102,037
34,980
157,734
80,571
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7
For the year ended 30 November 2023
Slipscreens Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
61,100
109,656
Other creditors
24,366
24,366
85,466
134,022
7. Average number of persons employed
During the year the average number of employees was 3 (2022 : 3)
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