Company Registration No. 4461960 (England and Wales)
K Salisbury ETC Ltd
Unaudited accounts
for the year ended 5 April 2024
K Salisbury ETC Ltd
Unaudited accounts
Contents
K Salisbury ETC Ltd
Company Information
for the year ended 5 April 2024
Company Number
4461960 (England and Wales)
Accountants
Smeaton & Holmes Ltd
70 Market Street
Dalton-in-Furness
Cumbria
LA15 8AA
K Salisbury ETC Ltd
Statement of financial position
as at 5 April 2024
Tangible assets
8,344
11,125
Cash at bank and in hand
23,275
14,068
Creditors: amounts falling due within one year
(4,657)
(1,303)
Net current assets
42,440
35,229
Total assets less current liabilities
50,784
46,354
Creditors: amounts falling due after more than one year
(11,380)
(21,324)
Called up share capital
1
1
Profit and loss account
39,403
25,029
Shareholders' funds
39,404
25,030
For the year ending 5 April 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.
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 17 September 2024 and were signed on its behalf by
Mr K Salisbury
Director
Company Registration No. 4461960
K Salisbury ETC Ltd
Notes to the Accounts
for the year ended 5 April 2024
K Salisbury ETC Ltd is a private company, limited by shares, registered in England and Wales, registration number 4461960.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 6 April 2023
76,119
48,405
1,751
126,275
At 5 April 2024
76,119
48,405
1,751
126,275
At 6 April 2023
67,458
46,177
1,515
115,150
Charge for the year
2,165
557
59
2,781
At 5 April 2024
69,623
46,734
1,574
117,931
At 5 April 2024
6,496
1,671
177
8,344
At 5 April 2023
8,661
2,228
236
11,125
K Salisbury ETC Ltd
Notes to the Accounts
for the year ended 5 April 2024
Amounts falling due within one year
Trade debtors
15,717
16,217
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,496
2,270
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
(8,979)
(9,154)
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 3 (2023: 6).