Company Registration No. 01040900 (England and Wales)
S. & M. Villiers Securities Limited
Unaudited accounts
for the year ended 28 December 2023
S. & M. Villiers Securities Limited
Statement of financial position
as at 28 December 2023
Tangible assets
494,750
494,870
Cash at bank and in hand
-
57,523
Creditors: amounts falling due within one year
308,144
314,425
Net current assets
570,568
700,053
Total assets less current liabilities
1,065,318
1,194,923
Creditors: amounts falling due after more than one year
(26,146)
(33,611)
Net assets
1,039,172
1,161,312
Called up share capital
25,000
25,000
Profit and loss account
1,014,172
1,136,312
Shareholders' funds
1,039,172
1,161,312
For the year ending 28 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 11 September 2024 and were signed on its behalf by
Mr Steven Villiers
Director
Company Registration No. 01040900
S. & M. Villiers Securities Limited
Notes to the Accounts
for the year ended 28 December 2023
S. & M. Villiers Securities Limited is a private company, limited by shares, registered in England and Wales, registration number 01040900. The registered office is 43-45 HIGH ROAD, Bushey Heath, WD23 1EE.
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.
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:
Land & buildings
No Depreciation
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 29 December 2022
493,661
19,788
513,449
At 28 December 2023
493,661
19,788
513,449
At 29 December 2022
-
18,579
18,579
Charge for the year
-
120
120
At 28 December 2023
-
18,699
18,699
At 28 December 2023
493,661
1,089
494,750
At 28 December 2022
493,661
1,209
494,870
Amounts falling due within one year
Other debtors
262,424
328,105
S. & M. Villiers Securities Limited
Notes to the Accounts
for the year ended 28 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,350
6,867
Taxes and social security
5,351
(657)
Loans from directors
(327,845)
(327,845)
7
Creditors: amounts falling due after more than one year
2023
2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan
327,845
-
-
327,845
The loan above is repayable on demand. £10,000 was repaid back to the company within 9 months after the year end.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).