for the Period Ended 31 July 2024
Company Information - 3 | |
Balance sheet - 4 | |
Additional notes - 6 | |
Balance sheet notes - 9 |
for the Period Ended 31 July 2024
Registered office: |
GB-SCT |
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Company Registration Number: |
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As at
Notes |
2024 £ |
2023 £ |
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Fixed assets | |||
Tangible assets: | 4 |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 5 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: |
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( |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: |
( |
( |
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Total net assets (liabilities): |
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( |
The notes form part of these financial statements
As at 31 July 2024
Notes |
2024 £ |
2023 £ |
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
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Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 July 2024
Basis of measurement and preparation
Turnover policy
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Tangible fixed assets depreciation policy
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and machinery 20% reducing balance
Motor Vehicles 25% Reducing balance
Leasehold improvements Straight line over lease term
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Valuation information and policy
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
for the Period Ended 31 July 2024
2024 |
2023 |
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Average number of employees during the period |
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for the Period Ended 31 July 2024
for the Period Ended 31 July 2024
Total | |
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Cost | £ |
At 01 August 2023 |
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Additions |
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Disposals |
( |
Revaluations |
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Transfers |
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At 31 July 2024 |
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Depreciation | |
At 01 August 2023 |
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Charge for year |
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On disposals |
( |
Other adjustments |
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At 31 July 2024 |
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Net book value | |
At 31 July 2024 |
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At 31 July 2023 |
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for the Period Ended 31 July 2024