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REGISTERED NUMBER: 02124570










Financial Statements

for the Year Ended 31 May 2024

for

S E Decorators Limited

S E Decorators Limited (Registered number: 02124570)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S E Decorators Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: Mrs H A Lumby





SECRETARY:





REGISTERED OFFICE: 3 The Wynd
Wynyard Village
Cleveland
TS22 5QE





REGISTERED NUMBER: 02124570





ACCOUNTANTS: Slater Anderson Limited
10 Derwent Close
Redmarshall
Stockton on Tees
TS21 1HS

S E Decorators Limited (Registered number: 02124570)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 78,303 55,148

CURRENT ASSETS
Debtors 5 45,112 24,167
Cash at bank and in hand 39,949 35,290
85,061 59,457
CREDITORS
Amounts falling due within one year 6 64,820 54,664
NET CURRENT ASSETS 20,241 4,793
TOTAL ASSETS LESS CURRENT
LIABILITIES

98,544

59,941

CREDITORS
Amounts falling due after more than one
year

7

44,092

17,500
NET ASSETS 54,452 42,441

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 54,352 42,341
SHAREHOLDERS' FUNDS 54,452 42,441

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

S E Decorators Limited (Registered number: 02124570)

Balance Sheet - continued
31 May 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 February 2025 and were signed by:





Mrs H A Lumby - Director


S E Decorators Limited (Registered number: 02124570)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

S E Decorators Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 15% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

S E Decorators Limited (Registered number: 02124570)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 90,437
Additions 52,747
Disposals (11,055 )
At 31 May 2024 132,129
DEPRECIATION
At 1 June 2023 35,289
Charge for year 24,592
Eliminated on disposal (6,055 )
At 31 May 2024 53,826
NET BOOK VALUE
At 31 May 2024 78,303
At 31 May 2023 55,148

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 35,960 24,167
Other debtors 9,152 -
45,112 24,167

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 5,900 6,000
Hire purchase contracts 9,984 -
Trade creditors 26,078 5,591
Taxation and social security 1,887 18,046
Other creditors 20,971 25,027
64,820 54,664

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans 12,058 17,500
Hire purchase contracts 32,034 -
44,092 17,500