1 April 2023 false Taxfiler 2024.5 09750931business:PrivateLimitedCompanyLtd2023-04-012024-03-31 097509312023-03-31 097509312023-04-012024-03-31 09750931business:AuditExemptWithAccountantsReport2023-04-012024-03-31 09750931business:FilletedAccounts2023-04-012024-03-31 097509312024-03-31 09750931business:Director12023-04-012024-03-31 09750931business:Director22023-04-012024-03-31 09750931business:RegisteredOffice2023-04-012024-03-31 097509312023-03-31 09750931core:WithinOneYear2024-03-31 09750931core:WithinOneYear2023-03-31 09750931core:AfterOneYear2024-03-31 09750931core:AfterOneYear2023-03-31 09750931core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 09750931core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 09750931core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 09750931core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 09750931core:PreviouslyStatedAmount2024-03-31 09750931core:PreviouslyStatedAmount2023-03-31 09750931business:SmallEntities2023-04-012024-03-31 09750931countries:EnglandWales2023-04-012024-03-31 09750931core:ComputerEquipment2023-04-012024-03-31 09750931core:IntangibleAssetsOtherThanGoodwill2023-03-31 09750931core:IntangibleAssetsOtherThanGoodwill2024-03-31 09750931core:MotorVehicles2023-03-31 09750931core:FurnitureFittings2023-03-31 09750931core:ComputerEquipment2023-03-31 09750931core:MotorVehicles2023-04-012024-03-31 09750931core:FurnitureFittings2023-04-012024-03-31 09750931core:MotorVehicles2024-03-31 09750931core:FurnitureFittings2024-03-31 09750931core:ComputerEquipment2024-03-31 097509312022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 09750931 (England and Wales)
Sandra Reid Ltd Unaudited accounts for the year ended 31 March 2024
Sandra Reid Ltd Unaudited accounts Contents
Page
- 2 -
Sandra Reid Ltd Company Information for the year ended 31 March 2024
Directors
Sandra Reid William James Reid
Company Number
09750931 (England and Wales)
Registered Office
120 Brownhill Road Chandlers Ford Eastleigh Hampshire SO53 2FR
Accountants
For and on Behalf of Tee Accounts Limited Rosehill House Polgooth Polgooth PL26 7BA
- 3 -
Sandra Reid Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,625 
3,368 
Current assets
Debtors
813 
2,659 
Cash at bank and in hand
41,022 
38,118 
41,835 
40,777 
Creditors: amounts falling due within one year
(44,268)
(36,250)
Net current (liabilities)/assets
(2,433)
4,527 
Total assets less current liabilities
2,192 
7,895 
Creditors: amounts falling due after more than one year
(1,268)
(7,859)
Net assets
924 
36 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
923 
35 
Shareholders' funds
924 
36 
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 7 September 2024 and were signed on its behalf by
Sandra Reid Director Company Registration No. 09750931
- 4 -
Sandra Reid Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Sandra Reid Ltd is a private company, limited by shares, registered in England and Wales, registration number 09750931. The registered office is 120 Brownhill Road, Chandlers Ford, Eastleigh, Hampshire, SO53 2FR.
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.
Turnover
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.
Intangible fixed assets
Intangible fixed assets are amortised on a straight line basis over their economic life of 5 years.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.3% per annum straight line
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
16,495 
At 31 March 2024
16,495 
Amortisation
At 1 April 2023
16,495 
At 31 March 2024
16,495 
Net book value
At 31 March 2024
- 
- 5 -
Sandra Reid Ltd Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
5,500 
6,234 
9,825 
21,559 
Additions
- 
1,720 
2,332 
4,052 
Disposals
- 
(200)
(1,692)
(1,892)
At 31 March 2024
5,500 
7,754 
10,465 
23,719 
Depreciation
At 1 April 2023
4,736 
5,182 
8,273 
18,191 
Charge for the year
764 
1,065 
966 
2,795 
On disposals
- 
(200)
(1,692)
(1,892)
At 31 March 2024
5,500 
6,047 
7,547 
19,094 
Net book value
At 31 March 2024
- 
1,707 
2,918 
4,625 
At 31 March 2023
764 
1,052 
1,552 
3,368 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,138 
Other debtors
813 
1,521 
813 
2,659 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,167 
4,167 
VAT
9,610 
8,704 
Trade creditors
3,298 
2,988 
Taxes and social security
2,966 
2,495 
Other creditors
17,591 
17,896 
Loans from directors
6,636 
- 
44,268 
36,250 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,268 
7,859 
9
Loans to directors
During the year, two directors of the company owed a balance of £0 (2023: £1,404) remaining unpaid to the company at the year end. The transactions have been conducted under normal market conditions.
10
Average number of employees
During the year the average number of employees was 22 (2023: 22).
- 6 -