Company Registration No. 13641365 (England and Wales)
The Little Island Carpentry Co Limited
Unaudited accounts
for the year ended 30 September 2024
The Little Island Carpentry Co Limited
Unaudited accounts
Contents
The Little Island Carpentry Co Limited
Company Information
for the year ended 30 September 2024
Company Number
13641365 (England and Wales)
Registered Office
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
United Kingdom
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
The Little Island Carpentry Co Limited
Statement of financial position
as at 30 September 2024
Tangible assets
14,537
12,758
Cash at bank and in hand
18,607
3,430
Creditors: amounts falling due within one year
(62,419)
(13,711)
Net current liabilities
(41,073)
(10,281)
Total assets less current liabilities
(26,536)
2,477
Creditors: amounts falling due after more than one year
(1,938)
(4,341)
Net liabilities
(28,474)
(1,864)
Called up share capital
1
1
Profit and loss account
(28,475)
(1,865)
Shareholders' funds
(28,474)
(1,864)
For the year ending 30 September 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 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 11 November 2024 and were signed on its behalf by
Ross McCann
Director
Company Registration No. 13641365
The Little Island Carpentry Co Limited
Notes to the Accounts
for the year ended 30 September 2024
The Little Island Carpentry Co Limited is a private company, limited by shares, registered in England and Wales, registration number 13641365. The registered office is Fortis House, Cothey Way, Ryde, Isle of Wight, PO33 1QT, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
20% Straight Line
Computer equipment
20% Straight Line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
12,090
2,599
14,689
At 30 September 2024
17,986
2,599
20,585
At 1 October 2023
1,411
520
1,931
Charge for the year
3,597
520
4,117
At 30 September 2024
5,008
1,040
6,048
At 30 September 2024
12,978
1,559
14,537
At 30 September 2023
10,679
2,079
12,758
The Little Island Carpentry Co Limited
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
866
Obligations under finance leases and hire purchase contracts
2,403
2,114
Taxes and social security
(9)
(9)
Other creditors
26,666
225
Loans from directors
26,714
9,056
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
4,052
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).