Company Registration No. 05808484 (England and Wales)
Special Delivery Cards Ltd
Unaudited accounts
for the year ended 31 May 2024
Special Delivery Cards Ltd
Unaudited accounts
Contents
Special Delivery Cards Ltd
Company Information
for the year ended 31 May 2024
Directors
Mark Jamieson
Susan Jamieson
Company Number
05808484 (England and Wales)
Registered Office
168 OSBORNE ROAD
BRIGHTON
EAST SUSSEX
BN1 6LS
Special Delivery Cards Ltd
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
15,675
8,358
Creditors: amounts falling due within one year
(39,322)
(61,351)
Net current assets
6,028
12,830
Total assets less current liabilities
7,823
13,318
Creditors: amounts falling due after more than one year
-
(12,891)
Called up share capital
2
2
Profit and loss account
7,821
425
Shareholders' funds
7,823
427
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 10 February 2025 and were signed on its behalf by
Mark Jamieson
Director
Company Registration No. 05808484
Special Delivery Cards Ltd
Notes to the Accounts
for the year ended 31 May 2024
Special Delivery Cards Ltd is a private company, limited by shares, registered in England and Wales, registration number 05808484. The registered office is 168 OSBORNE ROAD, BRIGHTON, EAST SUSSEX, BN1 6LS.
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:
Plant & machinery
25% reducing balance
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Special Delivery Cards Ltd
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
17,032
25,163
Accrued income and prepayments
913
913
Other debtors
4,152
31,459
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,887
13,225
Trade creditors
14,970
27,569
Taxes and social security
8,956
4,765
Other creditors
1,071
1,381
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Special Delivery Cards Ltd
Notes to the Accounts
for the year ended 31 May 2024
9
Capital commitments
2024
2023
Amounts contracted but not provided for in the accounts
3,344
13,376
Capital commitments relate to a lease on the property, payable at £836 per month, renewed on 24.09.21 for an additional 3 years.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).