1 April 2023 false No description of principal activity Taxfiler 2024.6 13993602business:PrivateLimitedCompanyLtd2023-04-012024-03-31 139936022023-03-31 139936022023-04-012024-03-31 13993602business:AuditExemptWithAccountantsReport2023-04-012024-03-31 13993602business:FilletedAccounts2023-04-012024-03-31 139936022024-03-31 13993602business:Director12023-04-012024-03-31 13993602business:Director22023-04-012024-03-31 13993602business:RegisteredOffice2023-04-012024-03-31 139936022023-03-31 13993602core:WithinOneYear2024-03-31 13993602core:WithinOneYear2023-03-31 13993602core:AfterOneYear2024-03-31 13993602core:AfterOneYear2023-03-31 13993602core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 13993602core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 13993602core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 13993602core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 13993602core:PreviouslyStatedAmount2024-03-31 13993602core:PreviouslyStatedAmount2023-03-31 13993602business:SmallEntities2023-04-012024-03-31 13993602countries:EnglandWales2023-04-012024-03-31 13993602core:PlantMachinery2023-04-012024-03-31 13993602core:IntangibleAssetsOtherThanGoodwill2023-03-31 13993602core:IntangibleAssetsOtherThanGoodwill2024-03-31 13993602core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-31 13993602core:PlantMachinery2023-03-31 13993602core:PlantMachinery2024-03-31 139936022022-03-222023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 13993602 (England and Wales)
SFC WESTON LTD Unaudited accounts for the year ended 31 March 2024
SFC WESTON LTD Company Information for the year ended 31 March 2024
Directors
Waseem Ali Masoomi Sheraz Wazir
Company Number
13993602 (England and Wales)
Registered Office
2 ALEXANDRA PARADE WESTON-SUPER-MARE BS23 1QS ENGLAND
Accountants
Faire Services Limited Certified Accountants 50 Northover Road Bristol BS9 3LJ
- 2 -
SFC WESTON LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
67,240 
82,000 
Tangible assets
15,775 
17,010 
83,015 
99,010 
Current assets
Inventories
8,646 
7,500 
Debtors
12,407 
22,087 
Cash at bank and in hand
12,943 
3,853 
33,996 
33,440 
Creditors: amounts falling due within one year
(28,376)
(34,907)
Net current assets/(liabilities)
5,620 
(1,467)
Total assets less current liabilities
88,635 
97,543 
Creditors: amounts falling due after more than one year
(81,818)
(91,667)
Net assets
6,817 
5,876 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
6,717 
5,776 
Shareholders' funds
6,817 
5,876 
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 27 December 2024 and were signed on its behalf by
Waseem Ali Masoomi Director Company Registration No. 13993602
- 3 -
SFC WESTON LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
SFC WESTON LTD is a private company, limited by shares, registered in England and Wales, registration number 13993602. The registered office is 2 ALEXANDRA PARADE, WESTON-SUPER-MARE, BS23 1QS, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
18%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
100,000 
At 31 March 2024
100,000 
Amortisation
At 1 April 2023
18,000 
Charge for the year
14,760 
At 31 March 2024
32,760 
Net book value
At 31 March 2024
67,240 
At 31 March 2023
82,000 
- 4 -
SFC WESTON LTD Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
20,744 
Additions
1,556 
At 31 March 2024
22,300 
Depreciation
At 1 April 2023
3,734 
Charge for the year
2,791 
At 31 March 2024
6,525 
Net book value
At 31 March 2024
15,775 
At 31 March 2023
17,010 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
22,087 
Other debtors
12,407 
- 
12,407 
22,087 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
9,752 
- 
Taxes and social security
16,774 
4,885 
Loans from directors
- 
28,087 
Accruals
1,850 
1,935 
28,376 
34,907 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
81,818 
91,667 
9
Average number of employees
During the year the average number of employees was 11 (2023: 16).
- 5 -