Company Registration No. 13198121 (England and Wales)
SUMMER SUP PADDLE BOARD HIRE LTD.
Unaudited accounts
for the year ended 29 February 2024
SUMMER SUP PADDLE BOARD HIRE LTD.
Unaudited accounts
Contents
SUMMER SUP PADDLE BOARD HIRE LTD.
Company Information
for the year ended 29 February 2024
Company Number
13198121 (England and Wales)
Registered Office
27 White Lion Road
Coltishall
Norwich
Norfolk
NR12 7AR
SUMMER SUP PADDLE BOARD HIRE LTD.
Statement of financial position
as at 29 February 2024
Tangible assets
37,207
24,110
Cash at bank and in hand
11,274
1,630
Creditors: amounts falling due within one year
(1,747)
(1,100)
Net current assets
9,527
530
Total assets less current liabilities
46,734
24,640
Creditors: amounts falling due after more than one year
(41,629)
(24,824)
Net assets/(liabilities)
5,105
(184)
Profit and loss account
5,105
(184)
Shareholders' funds
5,105
(184)
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 27 December 2024 and were signed on its behalf by
Thomas Farrow
Director
Company Registration No. 13198121
SUMMER SUP PADDLE BOARD HIRE LTD.
Notes to the Accounts
for the year ended 29 February 2024
SUMMER SUP PADDLE BOARD HIRE LTD. is a private company, limited by shares, registered in England and Wales, registration number 13198121. The registered office is 27 White Lion Road, Coltishall, Norwich, Norfolk, NR12 7AR.
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
18% Write down each year
Motor vehicles
18% Write down ear year
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
11,314
16,300
27,614
At 29 February 2024
32,579
16,300
48,879
At 1 March 2023
2,037
1,467
3,504
Charge for the year
5,498
2,670
8,168
At 29 February 2024
7,535
4,137
11,672
At 29 February 2024
25,044
12,163
37,207
At 28 February 2023
9,277
14,833
24,110
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,197
-
SUMMER SUP PADDLE BOARD HIRE LTD.
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
37,320
17,500
Loans from directors
4,309
7,324
7
Average number of employees
During the year the average number of employees was 9 (2023: 0).