Company Registration No. 08119587 (England and Wales)
SB Building Supplies Limited
Unaudited accounts
for the year ended 30 June 2024
SB Building Supplies Limited
Unaudited accounts
Contents
SB Building Supplies Limited
Company Information
for the year ended 30 June 2024
Company Number
08119587 (England and Wales)
Registered Office
48-50 Park Road
Wigston
Leicester
LE18 4QD
Accountants
John Porter & Co. Accountants
14 Elm Tree Avenue
Glenfield
Leicester
LE3 8QA
SB Building Supplies Limited
Statement of financial position
as at 30 June 2024
Tangible assets
76,207
19,192
Inventories
192,272
201,147
Cash at bank and in hand
105,280
216,023
Creditors: amounts falling due within one year
(698,289)
(683,550)
Net current assets
40,258
204,411
Total assets less current liabilities
116,465
223,603
Creditors: amounts falling due after more than one year
(66,148)
(101,003)
Called up share capital
2
2
Profit and loss account
50,315
122,598
Shareholders' funds
50,317
122,600
For the year ending 30 June 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
Mr. S Beardsmore
Director
Company Registration No. 08119587
SB Building Supplies Limited
Notes to the Accounts
for the year ended 30 June 2024
SB Building Supplies Limited is a private company, limited by shares, registered in England and Wales, registration number 08119587. The registered office is 48-50 Park Road, Wigston, Leicester, LE18 4QD.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2023
13,308
42,250
12,291
4,648
72,497
Additions
-
82,417
-
-
82,417
At 30 June 2024
13,308
124,667
12,291
4,648
154,914
At 1 July 2023
11,840
27,109
11,183
3,173
53,305
Charge for the year
367
24,390
277
368
25,402
At 30 June 2024
12,207
51,499
11,460
3,541
78,707
At 30 June 2024
1,101
73,168
831
1,107
76,207
At 30 June 2023
1,468
15,141
1,108
1,475
19,192
SB Building Supplies Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
386,773
470,791
Accrued income and prepayments
40,222
-
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
91,460
-
Trade creditors
562,953
663,827
Taxes and social security
4,565
4,131
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
(3,420)
(3,420)
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 6 (2023: 6).