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Company Registration No. 08429858 (England and Wales)
SDS PRINT FINISHING LIMITED Audited accounts for the year ended 31 May 2024
SDS PRINT FINISHING LIMITED Audited accounts Contents
Page
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SDS PRINT FINISHING LIMITED Company Information for the year ended 31 May 2024
Directors
James Buley Matthew Buley
Company Number
08429858 (England and Wales)
Registered Office
RIVERSIDE HOUSE BROKENFORD LANE TOTTON SOUTHAMPTON SO40 9DY
Accountants
Leon Edwards Accountants 10 Romulus Way Fairfields Milton Keynes Buckinghamshire MK11 4AZ
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SDS PRINT FINISHING LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
285,000 
285,000 
Current assets
Debtors
125,623 
29,375 
Cash at bank and in hand
389 
9,861 
126,012 
39,236 
Creditors: amounts falling due within one year
(19,687)
(3,044)
Net current assets
106,325 
36,192 
Total assets less current liabilities
391,325 
321,192 
Creditors: amounts falling due after more than one year
(323,102)
(256,053)
Net assets
68,223 
65,139 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
68,123 
65,039 
Shareholders' funds
68,223 
65,139 
For the year ending 31 May 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 4 February 2025 and were signed on its behalf by
James Buley Director Company Registration No. 08429858
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SDS PRINT FINISHING LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
SDS PRINT FINISHING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08429858. The registered office is RIVERSIDE HOUSE BROKENFORD LANE, TOTTON, SOUTHAMPTON, SO40 9DY.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
100
Motor vehicles
18
Fixtures & fittings
18
Computer equipment
100
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
285,000 
24,256 
309,256 
Disposals
- 
(24,256)
(24,256)
At 31 May 2024
285,000 
- 
285,000 
Depreciation
At 1 June 2023
- 
24,256 
24,256 
On disposals
- 
(24,256)
(24,256)
At 31 May 2024
- 
- 
- 
Net book value
At 31 May 2024
285,000 
- 
285,000 
At 31 May 2023
285,000 
- 
285,000 
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SDS PRINT FINISHING LIMITED Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
125,623 
29,375 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,567 
3,044 
Trade creditors
16,120 
- 
19,687 
3,044 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
53,000 
53,000 
Obligations under finance leases and hire purchase contracts
100,000 
100,000 
Other creditors
73,000 
73,000 
Loans from directors
97,102 
30,053 
323,102 
256,053 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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