Company Registration No. 11485993 (England and Wales)
SCREED WORKS LTD
Unaudited accounts
for the year ended 31 March 2024
SCREED WORKS LTD
Unaudited accounts
Contents
SCREED WORKS LTD
Company Information
for the year ended 31 March 2024
Directors
Russel David Ayres
Marie Wood
Company Number
11485993 (England and Wales)
Registered Office
SHOSHANNA WEST END LANE
WARFIELD
BRACKNELL
RG42 5RP
ENGLAND
SCREED WORKS LTD
Statement of financial position
as at 31 March 2024
Tangible assets
54,708
54,104
Cash at bank and in hand
110,633
174,515
Creditors: amounts falling due within one year
(71,740)
(60,577)
Net current assets
173,062
219,359
Total assets less current liabilities
227,770
273,463
Creditors: amounts falling due after more than one year
(11,611)
(17,944)
Net assets
216,159
255,519
Called up share capital
360
360
Profit and loss account
215,799
255,159
Shareholders' funds
216,159
255,519
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 31 December 2024 and were signed on its behalf by
Marie Wood
Director
Company Registration No. 11485993
SCREED WORKS LTD
Notes to the Accounts
for the year ended 31 March 2024
SCREED WORKS LTD is a private company, limited by shares, registered in England and Wales, registration number 11485993. The registered office is SHOSHANNA WEST END LANE, WARFIELD, BRACKNELL, RG42 5RP, 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
20% Straight Line
Motor vehicles
20% Straight Line
Computer equipment
3 year straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
70,633
-
4,347
74,980
Additions
4,748
8,833
3,355
16,936
At 31 March 2024
75,381
8,833
7,702
91,916
At 1 April 2023
16,632
-
4,244
20,876
Charge for the year
14,896
907
529
16,332
At 31 March 2024
31,528
907
4,773
37,208
At 31 March 2024
43,853
7,926
2,929
54,708
At 31 March 2023
54,001
-
103
54,104
SCREED WORKS LTD
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
126,398
86,773
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
11,505
11,533
Taxes and social security
6,599
31,147
Other creditors
53,636
17,897
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
11,611
17,944
Allotted, called up and fully paid:
360 Ordinary shares of £1 each
360
360
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).