Company Registration No. 06354304 (England and Wales)
THE SMALL BUSINESS COMPUTER COMPANY LTD
Unaudited accounts
for the period from 1 September 2023 to 30 June 2024
THE SMALL BUSINESS COMPUTER COMPANY LTD
Unaudited accounts
Contents
THE SMALL BUSINESS COMPUTER COMPANY LTD
Company Information
for the period from 1 September 2023 to 30 June 2024
Company Number
06354304 (England and Wales)
Registered Office
Aspley Mills Cottage Stationers Place
Off London Road, Hemel Hempstead
HP3 9QU
United Kingdom
Accountants
Seed Accounting Solutions
85 Great Portland Street
First Floor
London
W1W 7LT
THE SMALL BUSINESS COMPUTER COMPANY LTD
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
7,742
9,170
Creditors: amounts falling due within one year
(23,307)
15,733
Net current (liabilities)/assets
(49)
40,617
Total assets less current liabilities
(49)
42,904
Creditors: amounts falling due after more than one year
(39,914)
(40,272)
Net (liabilities)/assets
(39,963)
2,632
Called up share capital
1,000
1,000
Capital redemption reserve
16,895
16,895
Profit and loss account
(57,858)
(15,263)
Shareholders' funds
(39,963)
2,632
For the period ending 30 June 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 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 3 October 2024 and were signed on its behalf by
Tamal Saha
Director
Company Registration No. 06354304
THE SMALL BUSINESS COMPUTER COMPANY LTD
Notes to the Accounts
for the period from 1 September 2023 to 30 June 2024
THE SMALL BUSINESS COMPUTER COMPANY LTD is a private company, limited by shares, registered in England and Wales, registration number 06354304. The registered office is Aspley Mills Cottage Stationers Place, Off London Road, Hemel Hempstead, HP3 9QU, United Kingdom.
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 period, 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:
Fixtures & fittings
25% on Straight Line
Computer equipment
33.33% on Straight Line
The company reports net liabilities at the balance sheet date. Company liabilities were satisfied by the director after the year end. The director expects the company to trade profitably in the future, and to be able to meet its liabilities from cash flow arising from normal operating activities. Accordingly, the director considers it appropriate to prepare these accounts on the going concern basis.
THE SMALL BUSINESS COMPUTER COMPANY LTD
Notes to the Accounts
for the period from 1 September 2023 to 30 June 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2023
5,444
18,908
24,352
Disposals
(5,444)
(18,908)
(24,352)
At 1 September 2023
4,157
17,908
22,065
Charge for the period
215
316
531
On disposals
(4,372)
(18,224)
(22,596)
At 31 August 2023
1,287
1,000
2,287
Amounts falling due within one year
Trade debtors
15,516
15,283
Accrued income and prepayments
-
431
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,744
1,381
Taxes and social security
14,476
13,037
Loans from directors
-
(36,505)
7
Creditors: amounts falling due after more than one year
2024
2023
THE SMALL BUSINESS COMPUTER COMPANY LTD
Notes to the Accounts
for the period from 1 September 2023 to 30 June 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
36,505
44,018
80,523
-
9
Average number of employees
During the period the average number of employees was 1 (2023: 1).