Company Registration No. 14488301 (England and Wales)
South Coast Tuning & Fabrication Ltd
Unaudited accounts
for the period from 16 November 2022 to 30 November 2023
South Coast Tuning & Fabrication Ltd
Unaudited accounts
Contents
South Coast Tuning & Fabrication Ltd
Company Information
for the period from 16 November 2022 to 30 November 2023
Company Number
14488301 (England and Wales)
South Coast Tuning & Fabrication Ltd
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
4,821
Creditors: amounts falling due within one year
(23,028)
Net current liabilities
(18,207)
For the period 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.
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 16 September 2024 and were signed on its behalf by
Stuart Cowling
Director
Company Registration No. 14488301
South Coast Tuning & Fabrication Ltd
Notes to the Accounts
for the period from 16 November 2022 to 30 November 2023
South Coast Tuning & Fabrication Ltd is a private company, limited by shares, registered in England and Wales, registration number 14488301.
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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 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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 16 November 2022
-
-
-
838
838
Additions
4,114
20,000
140
-
24,254
At 30 November 2023
4,114
20,000
140
838
25,092
Charge for the period
1,238
5,555
39
52
6,884
At 30 November 2023
1,238
5,555
39
52
6,884
At 30 November 2023
2,876
14,445
101
786
18,208
5
Creditors: amounts falling due within one year
2023
Taxes and social security
4,259
Loans from directors
(15,399)
South Coast Tuning & Fabrication Ltd
Notes to the Accounts
for the period from 16 November 2022 to 30 November 2023
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Average number of employees
During the period the average number of employees was 5.