Steve Norman Furniture Restorers Ltd 06709406 Furniture restoration false 1 October 2023 06709406 2023-10-01 2024-09-30 06709406 2023-09-30 06709406 2024-09-30 06709406 2022-10-01 2023-09-30 06709406 2022-09-30 06709406 2023-09-30 06709406 frs102-bus:FRS102 2023-10-01 2024-09-30 06709406 frs102-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 06709406 frs102-bus:FullAccounts 2023-10-01 2024-09-30 06709406 frs102-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 06709406 frs102-core:CurrentFinancialInstruments 2024-09-30 06709406 frs102-core:CurrentFinancialInstruments 2023-09-30 06709406 frs102-core:Non-currentFinancialInstruments 2024-09-30 06709406 frs102-core:Non-currentFinancialInstruments 2023-09-30 06709406 frs102-core:ShareCapital 2024-09-30 06709406 frs102-core:ShareCapital 2023-09-30 06709406 frs102-core:RetainedEarningsAccumulatedLosses 2024-09-30 06709406 frs102-core:RetainedEarningsAccumulatedLosses 2023-09-30 06709406 frs102-bus:Director1 2023-10-01 2024-09-30 06709406 frs102-core:FurnitureFittings 2023-10-01 2024-09-30 06709406 frs102-core:Vehicles 2023-10-01 2024-09-30 06709406 frs102-core:PlantMachinery 2023-10-01 2024-09-30 06709406 frs102-core:NetGoodwill 2023-09-30 06709406 frs102-core:NetGoodwill 2024-09-30 06709406 frs102-core:NetGoodwill 2023-10-01 2024-09-30 06709406 frs102-core:NetGoodwill 2023-09-30 06709406 frs102-core:FurnitureFittings 2023-09-30 06709406 frs102-core:Vehicles 2023-09-30 06709406 frs102-core:PlantMachinery 2023-09-30 06709406 frs102-core:FurnitureFittings 2024-09-30 06709406 frs102-core:Vehicles 2024-09-30 06709406 frs102-core:PlantMachinery 2024-09-30 06709406 frs102-core:FurnitureFittings 2023-09-30 06709406 frs102-core:Vehicles 2023-09-30 06709406 frs102-core:PlantMachinery 2023-09-30 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
06709406
Steve Norman Furniture Restorers Ltd
Unaudited Accounts
for the year ended
30 September 2024
Steve Norman Furniture Restorers Ltd
Balance Sheet
as at 30 September 2024
Notes
2024
£
2023
£
Fixed assets
Intangible assets 5 3,133 4,733
Tangible assets 6 7,233 9,645
10,366 14,378
Current assets
Stocks 500 500
Debtors 7 4,192 8,987
Cash at bank and in hand 22,060 9,909
26,752 19,396
Creditors: amounts falling due within one year 8 (23,222) (15,524)
Net current assets / (liabilities) 3,530 3,872
Total assets less current liabilities 13,896 18,250
Creditors: amounts falling due after more than one year 9 (8,711) (18,031)
Provisions for liabilities (0) (0)
Total net assets (liabilities) 5,185 219
Capital and reserves
Called up share capital 2 2
Profit and loss account 5,183 217
Shareholders' funds 5,185 219

Steve Norman Furniture Restorers Ltd
Balance Sheet
as at 30 September 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 30 September 2024 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

S Norman

Director


Approved by the board on 22 October 2024

Company Number: 06709406 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Unit C Station Road Industrial Estate
Elmswell
Bury St Edmunds
IP30 9HR
England

Steve Norman Furniture Restorers Ltd
Notes to the Accounts
for the year ended 30 September 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Fixtures & Fittings 25% Reducing Balance
Vehicles 25% Reducing Balance
Plant & machinery 25% Reducing Balance
2. Profit or loss

Profit before tax is stated after charging the following:

2024

2023
£ £
Amortisation of goodwill 1,600 1,600
Directors' remuneration 21,564 21,544

3. Taxation
2024 2023
£ £
UK Corporation Tax 9,237 5,897
Tax on profit/(loss) on ordinary activities 9,237 5,897

4. Employees
2024 2023
Average number of employees during the period 3 3

5. Intangible fixed assets
Goodwill Total
Cost £ £
At 1 October 2023 16,000 16,000
At 30 September 2024 16,000 16,000
Amortisation
At 1 October 2023 11,267 11,267
Provided during the period 1,600 1,600
At 30 September 2024 12,867 12,867
Net book value
At 30 September 2024 3,133 3,133
At 30 September 2023 4,733 4,733

6. Tangible fixed assets
Fixtures & Fittings Vehicles Plant & machinery Total
Cost or valuation £ £ £ £
At 1 October 2023 1,575 25,195 1,160 27,930
At 30 September 2024 1,575 25,195 1,160 27,930
Depreciation
At 1 October 2023 689 17,088 508 18,285
Charge for the period 222 2,027 163 2,412
At 30 September 2024 911 19,115 671 20,697
Net book value
At 30 September 2024 664 6,080 489 7,233
At 30 September 2023 886 8,107 652 9,645

7. Debtors
2024 2023
£ £
Trade debtors 3,967 0
Other debtors 225 8,987
4,192 8,987

8. Creditors: amounts falling due within one year
2024 2023
£ £
Bank Loans & Overdrafts 6,036 3,288
Taxation & social security 16,651 11,093
Other creditors 535 1,143
23,222 15,524

9. Creditors: amounts falling due after one year
2024 2023
£ £
Bank Loans & overdrafts 4,368 13,153
Trade creditors 4,343 4,878
8,711 18,031

10. Dividends
2024 2023
£ £
Total dividend payment 32,000 32,000

11. Borrowings
2024 2023
Creditors repayable in more than five years: £ £
Total 0 0