Company Registration No. 08684016 (England and Wales)
Southern Pipe Repairs Ltd
Unaudited accounts
for the year ended 30 September 2024
Southern Pipe Repairs Ltd
Unaudited accounts
Contents
Southern Pipe Repairs Ltd
Company Information
for the year ended 30 September 2024
Director
Jason Anthoney McKeating
Company Number
08684016 (England and Wales)
Registered Office
THE SHIRE LOW SLIP HILL
WEST HOUGHAM
DOVER
KENT
CT15 7AS
ENGLAND
Accountants
Crittendens Accountants
Featherstone House
High Street
Rochester
Kent
ME1 1DQ
Southern Pipe Repairs Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
35,008
60,659
Cash at bank and in hand
5,636
22,853
Creditors: amounts falling due within one year
(24,906)
(19,897)
Net current assets
4,421
12,994
Called up share capital
100
100
Profit and loss account
39,329
73,553
Shareholders' funds
39,429
73,653
For the year ending 30 September 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 18 March 2025 and were signed on its behalf by
Jason Anthoney McKeating
Director
Company Registration No. 08684016
Southern Pipe Repairs Ltd
Notes to the Accounts
for the year ended 30 September 2024
Southern Pipe Repairs Ltd is a private company, limited by shares, registered in England and Wales, registration number 08684016. The registered office is THE SHIRE LOW SLIP HILL, WEST HOUGHAM, DOVER, KENT, CT15 7AS, 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.
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:
Land & buildings
No depreciation is provided
Plant & machinery
25% per annum on written down value
Motor vehicles
25% per annum on written down value
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2023
24,102
48,794
30,234
434
103,564
Additions
-
-
15,198
-
15,198
Disposals
(24,102)
-
(28,734)
-
(52,836)
At 30 September 2024
-
48,794
16,698
434
65,926
At 1 October 2023
-
18,763
24,033
109
42,905
Charge for the year
-
7,508
4,081
81
11,670
On disposals
-
-
(23,657)
-
(23,657)
At 30 September 2024
-
26,271
4,457
190
30,918
At 30 September 2024
-
22,523
12,241
244
35,008
At 30 September 2023
24,102
30,031
6,201
325
60,659
Southern Pipe Repairs Ltd
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Accrued income and prepayments
721
4,717
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
9,436
Taxes and social security
19,919
2,362
Loans from directors
488
753
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).