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Company Registration No. 13904188 (England and Wales)
Reid Quality Plastering Services Ltd Unaudited accounts for the year ended 29 February 2024
Reid Quality Plastering Services Ltd Unaudited accounts Contents
Page
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Reid Quality Plastering Services Ltd Company Information for the year ended 29 February 2024
Directors
Bradley Reid Bradley Reid
Company Number
13904188 (England and Wales)
Registered Office
31 BLACKSTONE CLOSE FARNBOROUGH HAMPSHIRE GU14 9JW UNITED KINGDOM
Accountants
2C Accountancy 14 Templar Close Sandhurst Berkshire GU47 8JP
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Reid Quality Plastering Services Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,569 
- 
Current assets
Debtors
10,242 
4,403 
Cash at bank and in hand
4,275 
379 
14,517 
4,782 
Creditors: amounts falling due within one year
(25,849)
(350)
Net current (liabilities)/assets
(11,332)
4,432 
Total assets less current liabilities
3,237 
4,432 
Creditors: amounts falling due after more than one year
- 
(3,903)
Net assets
3,237 
529 
Capital and reserves
Profit and loss account
3,237 
529 
Shareholders' funds
3,237 
529 
For the year ending 29 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 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 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 of Directors and authorised for issue on 13 September 2024 and were signed on its behalf by
Bradley Reid Director Company Registration No. 13904188
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Reid Quality Plastering Services Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Reid Quality Plastering Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 13904188. The registered office is 31 BLACKSTONE CLOSE, FARNBOROUGH, HAMPSHIRE, GU14 9JW, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 March 2023
- 
Additions
19,425 
At 29 February 2024
19,425 
Depreciation
Charge for the year
4,856 
At 29 February 2024
4,856 
Net book value
At 29 February 2024
14,569 
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Reid Quality Plastering Services Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
948 
625 
Other debtors
500 
- 
1,448 
625 
Amounts falling due after more than one year
Other debtors
8,794 
3,778 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,281 
(452)
Taxes and social security
3,430 
(8)
Loans from directors
20,980 
810 
Deferred income
158 
- 
25,849 
350 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
3,903 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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