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Company Registration No. 09853140 (England and Wales)
SXW Carpentry Ltd Unaudited accounts for the year ended 31 March 2024
SXW Carpentry Ltd Unaudited accounts Contents
Page
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SXW Carpentry Ltd Company Information for the year ended 31 March 2024
Directors
Steven James Bush Anna Louise Bush
Company Number
09853140 (England and Wales)
Registered Office
46 New Park Street DEVIZES Wiltshire SN10 1DS ENGLAND
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SXW Carpentry Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
60,680 
30,061 
Current assets
Inventories
1,000 
1,000 
Debtors
177,624 
213,744 
Cash at bank and in hand
256,107 
96,684 
434,731 
311,428 
Creditors: amounts falling due within one year
(106,929)
(63,443)
Net current assets
327,802 
247,985 
Total assets less current liabilities
388,482 
278,046 
Creditors: amounts falling due after more than one year
(1,111)
(5,554)
Provisions for liabilities
Deferred tax
(15,170)
(5,712)
Net assets
372,201 
266,780 
Capital and reserves
Called up share capital
5 
5 
Capital redemption reserve
(49,995)
(49,995)
Profit and loss account
422,191 
316,770 
Shareholders' funds
372,201 
266,780 
For the year ending 31 March 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 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 4 September 2024 and were signed on its behalf by
Steven James Bush Director Company Registration No. 09853140
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SXW Carpentry Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
SXW Carpentry Ltd is a private company, limited by shares, registered in England and Wales, registration number 09853140. The registered office is 46 New Park Street, DEVIZES, Wiltshire, SN10 1DS, 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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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
25% RBM
Motor vehicles
25% RBM
Computer equipment
25% RBM
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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SXW Carpentry Ltd Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
1,507 
56,458 
2,233 
60,198 
Additions
- 
47,990 
2,604 
50,594 
Disposals
- 
- 
(342)
(342)
At 31 March 2024
1,507 
104,448 
4,495 
110,450 
Depreciation
At 1 April 2023
801 
28,229 
1,107 
30,137 
Charge for the year
176 
19,055 
714 
19,945 
On disposals
- 
- 
(312)
(312)
At 31 March 2024
977 
47,284 
1,509 
49,770 
Net book value
At 31 March 2024
530 
57,164 
2,986 
60,680 
At 31 March 2023
706 
28,229 
1,126 
30,061 
5
Inventories
2024 
2023 
£ 
£ 
Finished goods
1,000 
1,000 
1,000 
1,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
7,382 
- 
Trade debtors
107,747 
103,477 
Accrued income and prepayments
6,253 
193 
Other debtors
56,242 
110,074 
177,624 
213,744 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
5,001 
Obligations under finance leases and hire purchase contracts
4,444 
4,444 
Trade creditors
19,866 
8,341 
Taxes and social security
74,048 
37,796 
Other creditors
6,667 
5,317 
Accruals
1,904 
2,544 
106,929 
63,443 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
1,111 
5,554 
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SXW Carpentry Ltd Notes to the Accounts for the year ended 31 March 2024
9
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
15,170 
5,712 
2024 
2023 
£ 
£ 
Provision at start of year
5,712 
7,407 
Charged/(credited) to the profit and loss account
9,458 
(1,695)
Provision at end of year
15,170 
5,712 
10
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
5 Ordinary shares of £1 each
5 
5 
11
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Director's loan account
(48,074)
10,559 
(48,074)
10,559 
(48,074)
10,559 
(48,074)
10,559 
12
Average number of employees
During the year the average number of employees was 3 (2023: 2).
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