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REGISTERED NUMBER: 02767769 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Support Systems (Nottm) Ltd.

Support Systems (Nottm) Ltd. (Registered number: 02767769)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 9

Support Systems (Nottm) Ltd.

Company Information
for the Year Ended 30 June 2024







DIRECTOR: S P J Merriman





REGISTERED OFFICE: Ssn House Nottingham Road
Attenborough
Nottingham
NG9 6DP





REGISTERED NUMBER: 02767769 (England and Wales)





ACCOUNTANTS: RDSW Certified Accountants Ltd
22 Wilcox Drive
Underwood
Nottingham
NG16 5GW

Support Systems (Nottm) Ltd. (Registered number: 02767769)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 101,137 67,169

CURRENT ASSETS
Stocks 539,104 448,370
Debtors 5 600,525 1,017,285
Cash at bank and in hand 1,144,949 512,147
2,284,578 1,977,802
CREDITORS
Amounts falling due within one year 6 1,209,163 1,009,976
NET CURRENT ASSETS 1,075,415 967,826
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,176,552

1,034,995

CREDITORS
Amounts falling due after more than
one year

7

(61,961

)

(159,814

)

PROVISIONS FOR LIABILITIES (17,523 ) (10,700 )
NET ASSETS 1,097,068 864,481

CAPITAL AND RESERVES
Called up share capital 60 60
Share premium 75,700 75,700
Capital redemption reserve 540 540
Retained earnings 1,020,768 788,181
1,097,068 864,481

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Support Systems (Nottm) Ltd. (Registered number: 02767769)

Balance Sheet - continued
30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 March 2025 and were signed by:





S P J Merriman - Director


Support Systems (Nottm) Ltd. (Registered number: 02767769)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Support Systems (Nottm) Ltd. is a private company, limited by shares , registered in England and Wales. 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - straight line over 3 years and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Debtors

Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for expected irrecoverable amounts are recognised in the profit and loss account when there is objective evidence that the asset is impaired.

Cash at bank and in hand

These comprise cash at bank and other short-term highly liquid deposits available on demand.

Trade creditors

Trade creditors are not interest bearing and are stated at their nominal value.


Support Systems (Nottm) Ltd. (Registered number: 02767769)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 30 (2023 - 29 ) .

Support Systems (Nottm) Ltd. (Registered number: 02767769)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 6,860 344,807 351,667
Additions - 97,157 97,157
Disposals - (27,500 ) (27,500 )
At 30 June 2024 6,860 414,464 421,324
DEPRECIATION
At 1 July 2023 4,116 280,382 284,498
Charge for year 1,372 41,192 42,564
Eliminated on disposal - (6,875 ) (6,875 )
At 30 June 2024 5,488 314,699 320,187
NET BOOK VALUE
At 30 June 2024 1,372 99,765 101,137
At 30 June 2023 2,744 64,425 67,169

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 July 2023 51,979
Additions 23,940
Disposals (27,500 )
At 30 June 2024 48,419
DEPRECIATION
At 1 July 2023 17,585
Charge for year 10,575
Eliminated on disposal (6,875 )
At 30 June 2024 21,285
NET BOOK VALUE
At 30 June 2024 27,134
At 30 June 2023 34,394

Support Systems (Nottm) Ltd. (Registered number: 02767769)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 560,699 971,348
Other debtors 39,826 45,937
600,525 1,017,285

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 97,813 88,398
Hire purchase contracts (see note 8)
8,141

14,803
Trade creditors 710,101 614,793
Taxation and social security 148,438 87,253
Other creditors 244,670 204,729
1,209,163 1,009,976

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 42,208 140,022
Hire purchase contracts (see note 8)
19,753

19,792
61,961 159,814

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
30.6.24 30.6.23
£    £   
Net obligations repayable:
Within one year 8,141 14,803
Between one and five years 19,753 19,792
27,894 34,595

Support Systems (Nottm) Ltd. (Registered number: 02767769)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. LEASING AGREEMENTS - continued

Non-cancellable operating leases
30.6.24 30.6.23
£    £   
Within one year 131,592 113,092
Between one and five years 139,320 222,912
270,912 336,004

Support Systems (Nottm) Ltd.

Report of the Accountants to the Director of
Support Systems (Nottm) Ltd.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2024 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






RDSW Certified Accountants Ltd
22 Wilcox Drive
Underwood
Nottingham
NG16 5GW


19 March 2025