Registered number: 08015044 | ||||||||
FOR THE YEAR ENDED 30 APRIL 2024 | ||||||||
Prepared By: | ||||||||
Hope Jones | ||||||||
Chartered Accountants | ||||||||
Dunlop House | ||||||||
23a Spencer Road | ||||||||
New Milton | ||||||||
Hampshire | ||||||||
BH25 6BZ |
Southwest Cradles (UK) Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30 APRIL 2024 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
Hampshire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 08015044 | ||||||||
ACCOUNTANTS | ||||||||
Hope Jones | ||||||||
Chartered Accountants | ||||||||
Dunlop House | ||||||||
23a Spencer Road | ||||||||
New Milton | ||||||||
Hampshire | ||||||||
BH25 6BZ |
Southwest Cradles (UK) Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30 APRIL 2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Southwest Cradles (UK) Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
83,245 | 50,506 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (83,515) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 6 | |||||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | (92,695) | (72,032) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Southwest Cradles (UK) Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30 APRIL 2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Going Concern | ||||||||
At the 30th April 2024 the company has an overdrawn Balance Sheet. The directors are of the opinion that the company remains a going concern and have confirmed that they will continue to support the company for at least 12 months from the date that the accounts are signed. |
1c. Depreciation | ||||||||
Plant and Machinery | reducing balance 25% | |||||||
Fixtures and Fittings | reducing balance 15% | |||||||
Equipment | reducing balance 25% | |||||||
Motor Cars | reducing balance 25% |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1e. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 9 | |||||
Southwest Cradles (UK) Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||||||
Plant and | Fixtures | |||||||||
Machinery | and Fittings | Equipment | Motor Cars | Total | ||||||
£ | £ | £ | £ | £ | ||||||
Cost | ||||||||||
At 1 May 2023 | 26,517 | 1,685 | 2,445 | 32,246 | 62,893 | |||||
Additions | 5,217 | - | - | 9,500 | 14,717 | |||||
Disposals | - | - | - | (13,995) | (13,995) | |||||
At 30 April 2024 | 31,734 | 1,685 | 2,445 | 27,751 | 63,615 | |||||
Depreciation | ||||||||||
At 1 May 2023 | 19,528 | 1,399 | 2,232 | 25,529 | 48,688 | |||||
Disposals | - | - | - | (12,564) | (12,564) | |||||
For the year | 3,052 | 72 | 97 | 3,697 | 6,918 | |||||
At 30 April 2024 | 22,580 | 1,471 | 2,329 | 16,662 | 43,042 | |||||
Net Book Amounts | ||||||||||
At 30 April 2024 | 20,573 | |||||||||
At 30 April 2023 | 14,205 | |||||||||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 37,148 | 11,192 | ||||||
Other tax | 40,470 | 11,179 | ||||||
PAYE control | - | 24,544 | ||||||
Other debtors | 1,800 | 700 | ||||||
Directors current account | 3,827 | 2,797 | ||||||
83,245 | 50,412 | |||||||
Southwest Cradles (UK) Limited | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
VAT | 49,375 | 36,470 | ||||||
PAYE control | 31,607 | - | ||||||
Directors current account | 32,574 | 18,593 | ||||||
Bank loans and overdrafts | 20,605 | 22,455 | ||||||
Loans | 23,333 | 30,833 | ||||||
Hire purchase | - | 2,416 | ||||||
Trade creditors | 3,274 | 3,274 | ||||||
Other creditors | 29,599 | 17,930 | ||||||
Accruals | 2,200 | 2,050 | ||||||
192,567 | 134,021 | |||||||
6. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 3,846 | 2,622 | ||||||
3,846 | 2,622 | |||||||
7. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | ||||||||
100 | 100 | |||||||