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REGISTERED NUMBER: 05035240 (England and Wales)










Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Sussex Building Services SE Limited

Sussex Building Services SE Limited (Registered number: 05035240)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sussex Building Services SE Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: S E Pither





REGISTERED OFFICE: Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS





REGISTERED NUMBER: 05035240 (England and Wales)





ACCOUNTANTS: Ward Mackenzie Ltd
Chartered Accountants
Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS

Sussex Building Services SE Limited (Registered number: 05035240)

Balance Sheet
29 February 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 19,262 24,159

CURRENT ASSETS
Stocks 95,366 -
Debtors 5 5,982 15,538
Cash at bank 994,925 1,230,246
1,096,273 1,245,784
CREDITORS
Amounts falling due within one year 6 (66,728 ) (237,100 )
NET CURRENT ASSETS 1,029,545 1,008,684
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,048,807

1,032,843

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 7 1,048,806 1,032,842
SHAREHOLDERS' FUNDS 1,048,807 1,032,843

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Sussex Building Services SE Limited (Registered number: 05035240)

Balance Sheet - continued
29 February 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





S E Pither - Director


Sussex Building Services SE Limited (Registered number: 05035240)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Sussex Building Services SE Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is represented by sales of properties and building work done, excluding value added tax.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

DEFERRED TAX
Deferred tax is not recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date as this is considered to be immaterial..

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Sussex Building Services SE Limited (Registered number: 05035240)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2023
and 29 February 2024 7,862 2,359 24,035 1,460 35,716
DEPRECIATION
At 1 March 2023 7,436 1,059 1,602 1,460 11,557
Charge for year 85 325 4,487 - 4,897
At 29 February 2024 7,521 1,384 6,089 1,460 16,454
NET BOOK VALUE
At 29 February 2024 341 975 17,946 - 19,262
At 28 February 2023 426 1,300 22,433 - 24,159

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 4,405 4,405
VAT 109 9,715
Prepayments 1,468 1,418
5,982 15,538

The directors consider the carrying value of trade and other receivables approximate to their fair values.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4,249 51,197
Corporation tax 4,893 165,582
Social security and other tax 3,979 3,107
Other creditors 1,999 2,921
CIS Liability - 76
Directors' current accounts 51,608 14,217
66,728 237,100

The directors consider the carrying amounts of current liabilities approximate to their fair values.

Sussex Building Services SE Limited (Registered number: 05035240)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

7. RESERVES
Retained
earnings
£   

At 1 March 2023 1,032,842
Profit for the year 15,964
At 29 February 2024 1,048,806

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

8. RELATED PARTY DISCLOSURES

During the year dividend paid to the director of the company is as follows :
Mr S Pither : Nil in respect of ordinary share (2023 - £2,000)