ACT Services & Repairs Ltd |
Registered Number:13130507 |
For the period ended 28 February 2024
England and Wales
Unaudited Financial Statements
For the period ended 28 February 2024
ACT Services & Repairs Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
ACT Services & Repairs Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
11,740
14,675
2
11,740
14,675
Trade and other receivables |
10,380
11,086
3
19,917
Cash and cash equivalents |
13,615
24,701
30,297
Trade and other payables: amounts falling due within one year |
(3,051)
(5,561)
4
27,246
19,140
Net current assets
Total assets less current liabilities |
30,880
41,921
Trade and other payables: amounts falling due after more than |
one year |
(240)
(3)
5
30,877
Net assets
41,681
1
1
30,876
41,680
30,877
41,681
Shareholders' funds
For the period ended 28 February 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 of its financial statements for the period ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Mark Nicholson Director |
These financial statements were approved and authorised for issue by the Board on 30 September 2024 and were signed by: |
The notes form part of these financial statements |
1 of 3
For the period ended 28 February 2024
ACT Services & Repairs Ltd
Notes to the Financial Statements
Statutory Information
ACT Services & Repairs Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 13130507. |
2 Atlas Court
Earls Colne
Essex
CO6 2LY
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting |
Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. |
The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain |
assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Pension costs and other post-retirement benefits
The company pays into a stakeholder Pension for the benefit of of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
2. Property, plant and equipment |
14,675
14,675
Provision for depreciation and impairment |
Charge for period
2,935
2,935
11,740
14,675
2 of 3
For the period ended 28 February 2024
ACT Services & Repairs Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables |
2023
2024
11,086
9,497
-
883
10,380
11,086
4. Trade and other payables: amounts falling due within one year |
2023
2024
Taxation and social security |
5,561
3,051
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
240
3
6. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
3 of 3