Company Registration No. 12799590 (England and Wales)
Suffolk Classic Services Ltd
Unaudited accounts
for the year ended 31 August 2024
Suffolk Classic Services Ltd
Unaudited accounts
Contents
Suffolk Classic Services Ltd
Company Information
for the year ended 31 August 2024
Company Number
12799590 (England and Wales)
Registered Office
UNIT D, OLD ENGINEERING WORKS THE STREET
PETTISTREE
WOODBRIDGE
IP13 0HP
ENGLAND
Accountants
ST Accountancy Services Ltd
6 The Square
Martlesham Heath
Suffolk
IP5 3SL
Suffolk Classic Services Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
15,191
5,359
Cash at bank and in hand
65,403
29,565
Creditors: amounts falling due within one year
(72,613)
(53,890)
Net current assets/(liabilities)
43,044
(1,599)
Total assets less current liabilities
58,235
3,760
Creditors: amounts falling due after more than one year
(54)
(61)
Provisions for liabilities
Deferred tax
(2,886)
(1,019)
Called up share capital
125
100
Profit and loss account
55,170
2,580
Shareholders' funds
55,295
2,680
For the year ending 31 August 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 29 October 2024 and were signed on its behalf by
Philip Glanville
Director
Company Registration No. 12799590
Suffolk Classic Services Ltd
Notes to the Accounts
for the year ended 31 August 2024
Suffolk Classic Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12799590. The registered office is UNIT D, OLD ENGINEERING WORKS THE STREET, PETTISTREE, WOODBRIDGE, IP13 0HP, 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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
6,325
1,291
792
8,408
Additions
1,899
11,795
1,211
14,905
At 31 August 2024
8,224
13,086
2,003
23,313
At 1 September 2023
2,626
242
181
3,049
Charge for the year
1,399
3,209
465
5,073
At 31 August 2024
4,025
3,451
646
8,122
At 31 August 2024
4,199
9,635
1,357
15,191
At 31 August 2023
3,699
1,049
611
5,359
Suffolk Classic Services Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
16,601
21,393
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
21,258
5,412
Taxes and social security
10,188
8,131
Loans from directors
24,819
24,492
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 8 (2023: 6).