5882981falsefarm machinery manufacture and repairs2023-02-012024-01-31http://www.companieshouse.gov.uk/2023-01-31http://www.companieshouse.gov.uk/cd:CompanySecretary12023-02-012024-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-01-31http://www.companieshouse.gov.uk/cd:Director12023-02-012024-01-31http://www.companieshouse.gov.uk/pt:SharePremium2023-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-01-31http://www.companieshouse.gov.uk/cd:Director22023-02-012024-01-31http://www.companieshouse.gov.uk/pt:SharePremium2024-01-31http://www.companieshouse.gov.uk/cd:Director32023-02-012024-01-31http://www.companieshouse.gov.uk/cd:Director42023-02-012024-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-02-012024-01-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-02-012024-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22023-02-012024-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32023-02-012024-01-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-02-012024-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-01-31http://www.companieshouse.gov.uk/2023-02-012024-01-31http://www.companieshouse.gov.uk/2023-01-31http://www.companieshouse.gov.uk/cd:FRS1022023-02-012024-01-31http://www.companieshouse.gov.uk/2024-01-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-02-012024-01-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-02-012024-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 5882981

S&K Sprayer Services Limited

ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2024

Prepared By:
Greenhalgh Johnson Ltd
Accountants & Tax Advisors
Elland House
22 High Street
Burgh le Marsh
Skegness
PE24 5JT

S&K Sprayer Services Limited

ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2024
DIRECTORS
Simon William Kitchen
Kirsty M Meik
Robert George Read
Sarah Jane Read
SECRETARY
Kirsty M Meik
REGISTERED OFFICE
Unit 5
Beechings Way
Alford
Lincolnshire
LN13 9JE
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 5882981
BANKERS
Barclays Plc
SOLICITORS
Tinn Criddle & Co
ACCOUNTANTS
Greenhalgh Johnson Ltd
Accountants & Tax Advisors
Elland House
22 High Street
Burgh le Marsh
Skegness
PE24 5JT

S&K Sprayer Services Limited

ACCOUNTS
FOR THEYEARENDED31 JANUARY 2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

S&K Sprayer Services Limited

BALANCE SHEET AT 31 January 2024
20242023
Notes££
FIXED ASSETS
Tangible assets3426,743365,447
CURRENT ASSETS
Stock692,112420,767
Debtors5130,598319,461
Cash at bank and in hand239,092122,833
1,061,802863,061
CREDITORS: Amounts falling due within one year6511,527367,501
NET CURRENT ASSETS550,275495,560
TOTAL ASSETS LESS CURRENT LIABILITIES977,018861,007
CREDITORS: Amounts falling due after more than one year762,66581,238
PROVISIONS FOR LIABILITIES AND CHARGES846,49532,231
NET ASSETS867,858747,538
CAPITAL AND RESERVES
Called up share capital9520520
Share premium account10287,630287,630
Profit and loss account579,708459,388
SHAREHOLDERS' FUNDS867,858747,538
For the year ending 31 January 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 31 October 2024 and signed on their behalf by
.............................
Simon William Kitchen
Director
.............................
Robert George Read
Director

S&K Sprayer Services Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line02%
Plant And Machineryreducing balance25%
Commercial Vehiclesreducing balance25%
Fixtures And Fittingsreducing balance25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e.
1f. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.

S&K Sprayer Services Limited

2. EMPLOYEES
20242023
No.No.
Average number of employees1714
3. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachinery Etc.Total
£££
Cost
At 1 February 2023274,145463,033737,178
Additions17,954115,457133,411
At 31 January 2024292,099578,490870,589
Depreciation
At 1 February 202343,521328,210371,731
For the year7,81364,30272,115
At 31 January 202451,334392,512443,846
Net Book Amounts
At 31 January 2024240,765185,978426,743
At 31 January 2023230,624134,823365,447
4. STOCK 20242023
££
Stock comprises:
Stock692,112420,767
692,112420,767
5. DEBTORS 20242023
££
Amounts falling due within one year:
Trade debtors120,957319,431
Other debtors9,64130
130,598319,461

S&K Sprayer Services Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Bank loans and overdrafts30,16323,842
Trade creditors157,698173,323
Taxation and social security96,165108,441
Other creditors227,50161,895
511,527367,501
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans and overdrafts62,66581,238
62,66581,238
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation46,49532,231
46,49532,231
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
400 Ordinary shares of £1 each400400
20 A Ordinary shares of £1 each2020
100 B Ordinary shares of £1 each100100
520520
10. SHARE PREMIUM ACCOUNT 20242023
££
Share premium account287,630287,630

S&K Sprayer Services Limited

11. CONTROLLING PARTY
The directors are considered to be the ultimate controlling party by virtue of their ability to act in concert in respect of the operational and financial policies of the company.