Company Registration No. 5695728 (England and Wales)
S & L Corless Limited
Unaudited accounts
for the year ended 29 February 2024
S & L Corless Limited
Unaudited accounts
Contents
S & L Corless Limited
Company Information
for the year ended 29 February 2024
Secretary
Lisa Jane Corless
Company Number
5695728 (England and Wales)
Registered Office
21C Rough Hey Road
Grimsargh
Preston
PR2 5AR
England
Accountants
Xeinadin Group
Regent House
Folds Road
Bolton
BL1 2RZ
S & L Corless Limited
Statement of financial position
as at 29 February 2024
Tangible assets
21,009
21,686
Cash at bank and in hand
254,467
205,697
Creditors: amounts falling due within one year
(74,529)
(56,133)
Net current assets
213,692
181,065
Total assets less current liabilities
234,701
202,751
Provisions for liabilities
Deferred tax
(3,991)
(4,120)
Net assets
230,710
198,631
Called up share capital
2
2
Profit and loss account
230,708
198,629
Shareholders' funds
230,710
198,631
For the year ending 29 February 2024 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 3 September 2024 and were signed on its behalf by
Shaun Corless
Director
Company Registration No. 5695728
S & L Corless Limited
Notes to the Accounts
for the year ended 29 February 2024
S & L Corless Limited is a private company, limited by shares, registered in England and Wales, registration number 5695728. The registered office is 21C Rough Hey Road, Grimsargh, Preston, PR2 5AR, England.
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:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Total
At 29 February 2024
114,190
At 29 February 2024
93,181
At 29 February 2024
21,009
At 28 February 2023
21,686
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
S & L Corless Limited
Notes to the Accounts
for the year ended 29 February 2024
6
Average number of employees
During the year the average number of employees was 10 (2023: 8).