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REGISTERED NUMBER: 11387737 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

SUMMIT DEFENCE LTD

SUMMIT DEFENCE LTD (REGISTERED NUMBER: 11387737)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SUMMIT DEFENCE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: N Greenwood
Mrs C T M M Greenwood





SECRETARY: N Greenwood





REGISTERED OFFICE: Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH





REGISTERED NUMBER: 11387737 (England and Wales)





ACCOUNTANTS: Staffords
Chartered Accountants
Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH

SUMMIT DEFENCE LTD (REGISTERED NUMBER: 11387737)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 72,683 94,255

CURRENT ASSETS
Debtors 5 885,174 1,101,102
Cash at bank 815,562 687,450
1,700,736 1,788,552
CREDITORS
Amounts falling due within one year 6 1,289,532 1,481,783
NET CURRENT ASSETS 411,204 306,769
TOTAL ASSETS LESS CURRENT
LIABILITIES

483,887

401,024

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 483,885 401,022
SHAREHOLDERS' FUNDS 483,887 401,024

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2024 and were signed on its behalf by:




N Greenwood - Director


SUMMIT DEFENCE LTD (REGISTERED NUMBER: 11387737)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Summit Defence Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 83,231 81,770 165,001
Additions - 2,868 2,868
At 31 December 2023 83,231 84,638 167,869
DEPRECIATION
At 1 January 2023 12,646 58,100 70,746
Charge for year 8,323 16,117 24,440
At 31 December 2023 20,969 74,217 95,186
NET BOOK VALUE
At 31 December 2023 62,262 10,421 72,683
At 31 December 2022 70,585 23,670 94,255

SUMMIT DEFENCE LTD (REGISTERED NUMBER: 11387737)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 77,058 -
Other debtors 808,116 1,101,102
885,174 1,101,102

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 136,846 350,944
Taxation and social security 107,773 10,111
Other creditors 1,044,913 1,120,728
1,289,532 1,481,783