Company Registration No. 00616179 (England and Wales)
Servis Heat Treatment Co.Limited
Unaudited accounts
for the year ended 31 December 2023
Servis Heat Treatment Co.Limited
Unaudited accounts
Contents
Servis Heat Treatment Co.Limited
Company Information
for the year ended 31 December 2023
Company Number
00616179 (England and Wales)
Registered Office
Unit 8 Business Village
Wexham Road
Slough
SL2 5HF
Accountants
I Sumar & Co Ltd
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
Servis Heat Treatment Co.Limited
Statement of financial position
as at 31 December 2023
Tangible assets
220,837
294,449
Cash at bank and in hand
419,634
318,776
Creditors: amounts falling due within one year
(246,502)
(195,978)
Net current assets
339,307
437,835
Total assets less current liabilities
560,144
732,284
Creditors: amounts falling due after more than one year
(116,713)
(216,869)
Provisions for liabilities
Deferred tax
(35,452)
(35,452)
Net assets
407,979
479,963
Called up share capital
100
100
Revaluation reserve
90,969
90,969
Profit and loss account
316,910
388,894
Shareholders' funds
407,979
479,963
For the year ending 31 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 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 9 July 2024 and were signed on its behalf by
Sanjiv K Randev
Director
Company Registration No. 00616179
Servis Heat Treatment Co.Limited
Notes to the Accounts
for the year ended 31 December 2023
Servis Heat Treatment Co.Limited is a private company, limited by shares, registered in England and Wales, registration number 00616179. The registered office is Unit 8 Business Village, Wexham Road, Slough, SL2 5HF.
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.
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
reducing balance method
Motor vehicles
reducing balance method
Fixtures & fittings
reducing balance method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
778,865
15,823
22,635
817,323
At 31 December 2023
778,865
15,823
22,635
817,323
At 1 January 2023
489,509
14,561
18,804
522,874
Charge for the year
72,339
315
958
73,612
At 31 December 2023
561,848
14,876
19,762
596,486
At 31 December 2023
217,017
947
2,873
220,837
At 31 December 2022
289,356
1,262
3,831
294,449
Servis Heat Treatment Co.Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
146,201
110,473
Other debtors
19,974
204,564
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
8,351
Trade creditors
40,287
22,964
Taxes and social security
177,774
164,663
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
116,713
216,869
8
Average number of employees
During the year the average number of employees was 8 (2022: 8).