Company Registration No. 08132177 (England and Wales)
Ilkeston Ply & DIY Ltd
Unaudited accounts
for the year ended 31 July 2024
Ilkeston Ply & DIY Ltd
Unaudited accounts
Contents
Ilkeston Ply & DIY Ltd
Company Information
for the year ended 31 July 2024
Directors
Kenneth Simon Andrew McFarlane
Zak Marshall
Daniel Jacob Aldred
Company Number
08132177 (England and Wales)
Registered Office
39 Longfield Lane
Ilkeston
Derbyshire
DE7 4DX
Ilkeston Ply & DIY Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
74,214
42,250
Inventories
457,224
416,704
Cash at bank and in hand
231,562
192,622
Creditors: amounts falling due within one year
(273,776)
(177,120)
Net current assets
619,736
525,342
Total assets less current liabilities
693,950
567,592
Provisions for liabilities
Deferred tax
(14,100)
(1,711)
Net assets
679,850
565,881
Called up share capital
2
2
Profit and loss account
679,848
565,879
Shareholders' funds
679,850
565,881
For the year ending 31 July 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 6 December 2024 and were signed on its behalf by
Kenneth Simon Andrew McFarlane
Director
Company Registration No. 08132177
Ilkeston Ply & DIY Ltd
Notes to the Accounts
for the year ended 31 July 2024
Ilkeston Ply & DIY Ltd is a private company, limited by shares, registered in England and Wales, registration number 08132177. The registered office is 39 Longfield Lane, Ilkeston, Derbyshire, DE7 4DX.
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:
Fixtures & fittings
25% RB
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
21,057
108,451
15,536
145,044
Additions
1,148
33,995
11,909
47,052
Disposals
-
(13,600)
-
(13,600)
At 31 July 2024
22,205
128,846
27,445
178,496
At 1 August 2023
14,789
75,209
12,796
102,794
Charge for the year
1,854
7,857
3,562
13,273
On disposals
-
(11,785)
-
(11,785)
At 31 July 2024
16,643
71,281
16,358
104,282
At 31 July 2024
5,562
57,565
11,087
74,214
At 31 July 2023
6,268
33,242
2,740
42,250
Ilkeston Ply & DIY Ltd
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Trade debtors
125,020
81,994
Accrued income and prepayments
8,657
6,114
Other debtors
71,049
5,028
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,501
2,054
Trade creditors
165,209
84,672
Taxes and social security
41,044
38,175
7
Average number of employees
During the year the average number of employees was 13 (2023: 13).