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
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
SDS PRINT FINISHING LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
285,000
285,000
Cash at bank and in hand
389
9,861
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)
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
SDS PRINT FINISHING LIMITED
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
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:
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
At 1 June 2023
-
24,256
24,256
On disposals
-
(24,256)
(24,256)
At 31 May 2024
285,000
-
285,000
At 31 May 2023
285,000
-
285,000
SDS PRINT FINISHING LIMITED
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due after more than one year
Trade debtors
125,623
29,375
6
Creditors: amounts falling due within one year
2024
2023
7
Creditors: amounts falling due after more than one year
2024
2023
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
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).