Company Registration No. 10015312 (England and Wales)
258 S LIMITED
Unaudited accounts
for the year ended 29 February 2024
258 S LIMITED
Unaudited accounts
Contents
258 S LIMITED
Company Information
for the year ended 29 February 2024
Company Number
10015312 (England and Wales)
Registered Office
UNIT 2 BURLEY HOUSE,
ROWDITCH PLACE
DERBY
DE22 3LR
UNITED KINGDOM
258 S LIMITED
Statement of financial position
as at 29 February 2024
Tangible assets
233,719
85,908
Cash at bank and in hand
61,852
17,944
Creditors: amounts falling due within one year
(163,996)
(107,428)
Net current assets
240,486
197,805
Total assets less current liabilities
474,205
283,713
Creditors: amounts falling due after more than one year
(358,751)
(119,906)
Net assets
115,454
163,807
Called up share capital
10
10
Profit and loss account
115,444
163,797
Shareholders' funds
115,454
163,807
For the year ending 29 February 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 November 2024 and were signed on its behalf by
KA SHING CHEUNG
Director
Company Registration No. 10015312
258 S LIMITED
Notes to the Accounts
for the year ended 29 February 2024
258 S LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10015312. The registered office is UNIT 2 BURLEY HOUSE,, ROWDITCH PLACE, DERBY, DE22 3LR, 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:
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 March 2023
11,320
54,430
-
52,802
118,552
Additions
-
144,128
23,276
563
167,967
At 29 February 2024
11,320
198,558
23,276
53,365
286,519
At 1 March 2023
4,525
3,489
-
24,630
32,644
Charge for the year
1,019
7,642
-
11,495
20,156
At 29 February 2024
5,544
11,131
-
36,125
52,800
At 29 February 2024
5,776
187,427
23,276
17,240
233,719
At 28 February 2023
6,795
50,941
-
28,172
85,908
Amounts falling due within one year
Trade debtors
99,729
101,164
Accrued income and prepayments
26,305
-
Other debtors
216,596
186,125
258 S LIMITED
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
14,257
-
Taxes and social security
5,940
-
Proposed dividends
-
21,470
Other creditors
107,801
25,134
Loans from directors
23,949
60,109
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
39,776
44,755
8
Average number of employees
During the year the average number of employees was 10 (2023: 10).