1 March 2023 false No description of principal activity Taxfiler 2024.6 07159565business:PrivateLimitedCompanyLtd2023-03-012024-02-29 071595652023-02-28 071595652023-03-012024-02-29 07159565business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 07159565business:FilletedAccounts2023-03-012024-02-29 071595652024-02-29 07159565business:Director12023-03-012024-02-29 07159565business:RegisteredOffice2023-03-012024-02-29 071595652023-02-28 07159565core:WithinOneYear2024-02-29 07159565core:WithinOneYear2023-02-28 07159565core:AfterOneYear2024-02-29 07159565core:AfterOneYear2023-02-28 07159565core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 07159565core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 07159565core:CapitalContributionReservecore:PreviouslyStatedAmount2024-02-29 07159565core:CapitalContributionReservecore:PreviouslyStatedAmount2023-02-28 07159565core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 07159565core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 07159565core:PreviouslyStatedAmount2024-02-29 07159565core:PreviouslyStatedAmount2023-02-28 07159565business:SmallEntities2023-03-012024-02-29 07159565countries:EnglandWales2023-03-012024-02-29 07159565core:PlantMachinery2023-03-012024-02-29 07159565core:MotorVehicles2023-03-012024-02-29 07159565core:PlantMachinery2023-02-28 07159565core:MotorVehicles2023-02-28 07159565core:ComputerEquipment2023-02-28 07159565core:ComputerEquipment2023-03-012024-02-29 07159565core:PlantMachinery2024-02-29 07159565core:MotorVehicles2024-02-29 07159565core:ComputerEquipment2024-02-29 071595652022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 07159565 (England and Wales)
S & M QUALITY BUILDERS LIMITED Unaudited accounts for the year ended 29 February 2024
S & M QUALITY BUILDERS LIMITED Unaudited accounts Contents
Page
- 2 -
S & M QUALITY BUILDERS LIMITED Company Information for the year ended 29 February 2024
Director
Charles Manning
Company Number
07159565 (England and Wales)
Registered Office
4A BUCKLES LANE SOUTH OCKENDON RM15 6RS ENGLAND
Accountants
Danbury Bookkeeping Services Ltd 60 Parkdale Danbury Chelmsford Essex CM3 4EJ
- 3 -
S & M QUALITY BUILDERS LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
42,175 
46,311 
Current assets
Debtors
21,855 
- 
Cash at bank and in hand
23,985 
2,630 
45,840 
2,630 
Creditors: amounts falling due within one year
(81,819)
(107,361)
Net current liabilities
(35,979)
(104,731)
Total assets less current liabilities
6,196 
(58,420)
Creditors: amounts falling due after more than one year
(31,757)
(52,979)
Net liabilities
(25,561)
(111,399)
Capital and reserves
Called up share capital
2 
2 
Capital contribution reserve
(111,399)
11,000 
Profit and loss account
85,836 
(122,401)
Shareholders' funds
(25,561)
(111,399)
For the year ending 29 February 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 director acknowledges his 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 and authorised for issue on 27 February 2025 and were signed on its behalf by
Charles Manning Director Company Registration No. 07159565
- 4 -
S & M QUALITY BUILDERS LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
S & M QUALITY BUILDERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07159565. The registered office is 4A BUCKLES LANE, SOUTH OCKENDON, RM15 6RS, ENGLAND.
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.
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:
Plant & machinery
18%
Motor vehicles
8%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
17,400 
63,850 
- 
81,250 
Additions
- 
- 
2,992 
2,992 
At 29 February 2024
17,400 
63,850 
2,992 
84,242 
Depreciation
At 1 March 2023
12,286 
22,653 
- 
34,939 
Charge for the year
2,009 
4,521 
598 
7,128 
At 29 February 2024
14,295 
27,174 
598 
42,067 
Net book value
At 29 February 2024
3,105 
36,676 
2,394 
42,175 
At 28 February 2023
5,114 
41,197 
- 
46,311 
- 5 -
S & M QUALITY BUILDERS LIMITED Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
10,319 
- 
Trade debtors
11,536 
- 
21,855 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
8,214 
4,465 
Taxes and social security
5,627 
- 
Other creditors
- 
(436)
Loans from directors
65,778 
45,086 
Accruals
2,200 
2,200 
Deferred income
- 
56,046 
81,819 
107,361 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,740 
30,962 
Obligations under finance leases and hire purchase contracts
11,017 
22,017 
31,757 
52,979 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -