S J S Fencing & Decking LTD |
Registered Number:SC314875 |
For the year ended 31 January 2024
Scotland
Unaudited Financial Statements
For the year ended 31 January 2024
S J S Fencing & Decking LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
S J S Fencing & Decking LTD
Statement of Financial Position
2023
2024
Property, plant and equipment |
44,025
56,802
2
44,025
56,802
39,432
42,156
3
Trade and other receivables |
8,661
11,767
4
641,087
Cash and cash equivalents |
781,465
835,388
689,180
Trade and other payables: amounts falling due within one year |
(72,816)
(274,230)
5
616,364
561,158
Net current assets
Total assets less current liabilities |
605,183
673,166
605,183
Net assets
673,166
2
2
605,181
673,164
605,183
673,166
Shareholders' funds
For the year ended 31 January 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 year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their 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. |
Ms Leanne C Martin Director |
These financial statements were approved and authorised for issue by the Board on 25 October 2024 and were signed by: |
The notes form part of these financial statements |
1 of 3
For the year ended 31 January 2024
S J S Fencing & Decking LTD
Notes to the Financial Statements
Statutory Information
S J S Fencing & Decking LTD is a private limited company, limited by shares, domiciled in Scotland, registration number |
SC314875. |
93A Glasgow Road
Camelon
Falkirk
FK1 4JW
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, 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
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 3
For the year ended 31 January 2024
S J S Fencing & Decking LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
144,013
2,537
6,790
102,291
32,395
1,012
-
674
-
338
102,291
7,464
2,537
145,025
32,733
Provision for depreciation and impairment |
87,211
2,078
2,376
60,006
22,751
Charge for year
13,789
459
763
10,571
1,996
101,000
2,537
3,139
70,577
24,747
7,986
31,714
4,325
-
44,025
9,644
42,285
4,414
459
56,802
2023
2024
42,156
39,432
4. Trade and other receivables |
2023
2024
11,767
8,661
5. Trade and other payables: amounts falling due within one year |
2023
2024
117,424
12,585
Taxation and social security |
33,305
53,025
123,501
7,206
274,230
72,816
6. Average number of persons employed |
During the year the average number of employees was 14 (2023 : 14)
3 of 3