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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
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Reid Surfacing Ltd Company Information for the year ended 30 November 2023
Director
Ronald Parker
Company Number
11703888 (England and Wales)
Registered Office
Unit G21, The Avenues Eleventh Avenue North Team Valley Trading Estat Gateshead NE11 0NJ United Kingdom
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Reid Surfacing Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
430,932 
207,926 
Current assets
Debtors
63,951 
35,741 
Cash at bank and in hand
32,880 
61,873 
96,831 
97,614 
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 
Capital and reserves
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
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Reid Surfacing Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20%
Motor vehicles
20%
Fixtures & fittings
20%
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 December 2022
294,567 
Additions
352,400 
At 30 November 2023
646,967 
Depreciation
At 1 December 2022
86,641 
Charge for the year
129,394 
At 30 November 2023
216,035 
Net book value
At 30 November 2023
430,932 
At 30 November 2022
207,926 
5
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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