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Company Registration No. 08448904 (England and Wales)
South Coast Stickers Limited Unaudited accounts for the year ended 31 December 2023
South Coast Stickers Limited Unaudited accounts Contents
Page
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South Coast Stickers Limited Company Information for the year ended 31 December 2023
Director
Liam Searle
Secretary
BH21 Ltd
Company Number
08448904 (England and Wales)
Registered Office
FLAT 10 LEIGHTON LODGE 15 BRANKSOME WOOD ROAD BOURNEMOUTH DORSET BH2 6BX ENGLAND
Accountants
Thyme Accounting Services Limited Flat 10 Leighton Lodge 15 Branksome Wood Road Bournemouth Dorset BH2 6BX
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South Coast Stickers Limited Accountants' report
Accountants' report to the director of South Coast Stickers Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of South Coast Stickers Limited for the year ended 31 December 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of South Coast Stickers Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of South Coast Stickers Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than South Coast Stickers Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that South Coast Stickers Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of South Coast Stickers Limited. You consider that South Coast Stickers Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of South Coast Stickers Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Thyme Accounting Services Limited Flat 10 Leighton Lodge 15 Branksome Wood Road Bournemouth Dorset BH2 6BX 8 November 2024
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South Coast Stickers Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,478 
8,427 
Current assets
Inventories
2,000 
2,000 
Debtors
20,000 
20,000 
Cash at bank and in hand
188 
864 
22,188 
22,864 
Creditors: amounts falling due within one year
(7,033)
(5,836)
Net current assets
15,155 
17,028 
Total assets less current liabilities
21,633 
25,455 
Creditors: amounts falling due after more than one year
(20,480)
(23,114)
Net assets
1,153 
2,341 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
1,151 
2,339 
Shareholders' funds
1,153 
2,341 
For the year ending 31 December 2023 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 8 November 2024 and were signed on its behalf by
Liam Searle Director Company Registration No. 08448904
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South Coast Stickers Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
South Coast Stickers Limited is a private company, limited by shares, registered in England and Wales, registration number 08448904. The registered office is FLAT 10 LEIGHTON LODGE, 15 BRANKSOME WOOD ROAD, BOURNEMOUTH, DORSET, BH2 6BX, ENGLAND.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
20% on a reducing balance
Motor vehicles
25% on a reducing balance
Computer equipment
20% on a reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
9,761 
12,500 
2,024 
24,285 
At 31 December 2023
9,761 
12,500 
2,024 
24,285 
Depreciation
At 1 January 2023
7,035 
7,227 
1,596 
15,858 
Charge for the year
545 
1,318 
86 
1,949 
At 31 December 2023
7,580 
8,545 
1,682 
17,807 
Net book value
At 31 December 2023
2,181 
3,955 
342 
6,478 
At 31 December 2022
2,726 
5,273 
428 
8,427 
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South Coast Stickers Limited Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
20,000 
20,000 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,748 
1,748 
Other creditors
1,080 
- 
Loans from directors
3,725 
1,238 
Accruals
480 
2,850 
7,033 
5,836 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
20,480 
23,114 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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