Company Registration No. 7542400 (England and Wales)
SUTCLIFFE JOINERY LTD
Unaudited accounts
for the year ended 29 February 2024
SUTCLIFFE JOINERY LTD
Unaudited accounts
Contents
SUTCLIFFE JOINERY LTD
Company Information
for the year ended 29 February 2024
Company Number
7542400 (England and Wales)
Registered Office
WHITECOTE WORKS
64 WHITECOTE HILL
LEEDS
LS13 2HU
Accountants
Michael Upton and Co
138 Town
Stanningley
Pudsey
West Yorkshire
LS28 6ER
SUTCLIFFE JOINERY LTD
Statement of financial position
as at 29 February 2024
Tangible assets
121,269
376,256
Cash at bank and in hand
792,258
82,472
Creditors: amounts falling due within one year
(646,839)
(231,622)
Net current assets/(liabilities)
145,419
(149,150)
Net assets
266,688
227,106
Called up share capital
2
2
Profit and loss account
266,686
227,104
Shareholders' funds
266,688
227,106
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 28 November 2024 and were signed on its behalf by
John Sutcliffe
Director
Company Registration No. 7542400
SUTCLIFFE JOINERY LTD
Notes to the Accounts
for the year ended 29 February 2024
SUTCLIFFE JOINERY LTD is a private company, limited by shares, registered in England and Wales, registration number 7542400. The registered office is WHITECOTE WORKS, 64 WHITECOTE HILL, LEEDS, LS13 2HU.
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 March 2023
371,460
167,016
7,354
1,672
547,502
Revaluations
(241,057)
-
-
-
(241,057)
At 29 February 2024
130,403
167,016
7,354
1,672
306,445
At 1 March 2023
71,460
91,009
7,354
1,423
171,246
Charge for the year
-
13,681
-
249
13,930
At 29 February 2024
71,460
104,690
7,354
1,672
185,176
At 29 February 2024
58,943
62,326
-
-
121,269
At 28 February 2023
300,000
76,007
-
249
376,256
SUTCLIFFE JOINERY LTD
Notes to the Accounts
for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
19,000
19,986
Proposed dividends
20,000
20,000
Other creditors
560,990
142,854
Loans from directors
36,292
36,292
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).