Company Registration No. 13765260 (England and Wales)
SX WORX LTD
Unaudited accounts
for the year ended 30 November 2023
SX WORX LTD
Unaudited accounts
Contents
SX WORX LTD
Company Information
for the year ended 30 November 2023
Directors
J L Cooke
D P Jordan
Company Number
13765260 (England and Wales)
Registered Office
AGILITY HOUSE
ROSE LANE
MANSFIELD
NOTTINGHAMSHIRE
NG19 8BA
Accountants
Andrew Stockwell MAAT- AJS Accounting Solutions
Agility House
Mansfield Woodhouse
Mansfield
Nottinghamshire
NG19 8BA
SX WORX LTD
Statement of financial position
as at 30 November 2023
Tangible assets
225,305
231,680
Cash at bank and in hand
23,902
5,667
Creditors: amounts falling due within one year
(249,254)
(229,254)
Net current liabilities
(224,155)
(220,533)
Profit and loss account
1,150
11,147
Shareholders' funds
1,150
11,147
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 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 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 of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by
J L Cooke
Director
Company Registration No. 13765260
SX WORX LTD
Notes to the Accounts
for the year ended 30 November 2023
SX WORX LTD is a private company, limited by shares, registered in England and Wales, registration number 13765260. The registered office is AGILITY HOUSE , ROSE LANE, MANSFIELD , NOTTINGHAMSHIRE , NG19 8BA.
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:
Land & buildings
5% Straight line
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 December 2022
200,500
45,340
245,840
At 30 November 2023
200,500
57,490
257,990
At 1 December 2022
8,500
5,660
14,160
Charge for the year
8,500
10,025
18,525
At 30 November 2023
17,000
15,685
32,685
At 30 November 2023
183,500
41,805
225,305
At 30 November 2022
192,000
39,680
231,680
Amounts falling due within one year
SX WORX LTD
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
248,054
228,054
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).