Company Registration No. NI675337 (Northern Ireland)
Success At Work Ltd
Unaudited accounts
for the year ended 31 December 2023
Success At Work Ltd
Unaudited accounts
Contents
Success At Work Ltd
Company Information
for the year ended 31 December 2023
Directors
Camilla Long
Jeremy Long
Ciaran Long
Jasper Long
Company Number
NI675337 (Northern Ireland)
Registered Office
Loughanhill Industrial Estate
Gateside Road
Coleraine
BT52 2NR
Northern Ireland
Accountants
Satori Accounting
11 Orchard Business Park
Pennyburn Industrial Estate
Derry
Northern Ireland
BT48 0LU
Success At Work Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
2,061
2,472
Cash at bank and in hand
3,707
1,794
Creditors: amounts falling due within one year
(5,084)
(4,425)
Net current assets/(liabilities)
5,910
(2,631)
Net assets/(liabilities)
7,971
(159)
Called up share capital
100
100
Profit and loss account
7,871
(259)
Shareholders' funds
7,971
(159)
For the year ending 31 December 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
Camilla Long
Director
Company Registration No. NI675337
Success At Work Ltd
Notes to the Accounts
for the year ended 31 December 2023
Success At Work Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI675337. The registered office is Loughanhill Industrial Estate, Gateside Road, Coleraine, BT52 2NR, Northern Ireland.
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.
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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of directors. Contributions payable are recognised in the profit and loss account when due.
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% straight line
Computer equipment
33% straight line
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Success At Work Ltd
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
-
3,296
3,296
At 31 December 2023
250
4,093
4,343
At 1 January 2023
-
824
824
Charge for the year
39
1,419
1,458
At 31 December 2023
39
2,243
2,282
At 31 December 2023
211
1,850
2,061
At 31 December 2022
-
2,472
2,472
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,017
2,137
Other creditors
1,127
1,125
7
Average number of employees
During the year the average number of employees was 3 (2022: 2).