2023-09-01 07419075 2024-08-31 07419075 2023-09-01 2024-08-31 07419075 2023-08-31 07419075 2022-09-01 2023-08-31 07419075 uk-core:WithinOneYear 2023-08-31 07419075 uk-core:WithinOneYear 2024-08-31 07419075 uk-core:AfterOneYear 2023-08-31 07419075 uk-core:AfterOneYear 2024-08-31 07419075 uk-core:ShareCapital 2024-08-31 07419075 uk-core:ShareCapital 2023-08-31 07419075 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 07419075 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 07419075 uk-bus:Director1 2023-09-01 2024-08-31 07419075 uk-core:ComputerSoftware 2023-08-31 07419075 uk-core:ComputerSoftware 2024-08-31 07419075 uk-core:ComputerSoftware 2023-09-01 2024-08-31 07419075 uk-core:ComputerEquipment 2023-08-31 07419075 uk-core:FurnitureFittings 2023-08-31 07419075 uk-core:CommercialMotorVehicles 2023-08-31 07419075 uk-core:PlantMachinery 2023-08-31 07419075 uk-core:Buildings 2023-08-31 07419075 uk-core:ComputerEquipment 2023-09-01 2024-08-31 07419075 uk-core:FurnitureFittings 2023-09-01 2024-08-31 07419075 uk-core:CommercialMotorVehicles 2023-09-01 2024-08-31 07419075 uk-core:PlantMachinery 2023-09-01 2024-08-31 07419075 uk-core:Buildings 2023-09-01 2024-08-31 07419075 uk-core:Buildings 2024-08-31 07419075 uk-core:CommercialMotorVehicles 2024-08-31 07419075 uk-core:FurnitureFittings 2024-08-31 07419075 uk-core:ComputerEquipment 2024-08-31 07419075 uk-core:PlantMachinery 2024-08-31 07419075 uk-core:WithinOneYear uk-core:Secured 2024-08-31 07419075 uk-core:WithinOneYear uk-core:Secured 2023-08-31 07419075 uk-core:WithinOneYear 2024-08-31 07419075 uk-core:WithinOneYear 2023-08-31 07419075 uk-core:AfterOneYear uk-core:Secured 2024-08-31 07419075 uk-core:AfterOneYear uk-core:Secured 2023-08-31 iso4217:GBP xbrli:pure 07419075 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 07419075 uk-bus:FRS102 2023-09-01 2024-08-31 07419075 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 07419075 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Sealants And Tools Direct Limited
Registered Number:07419075
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2024
Sealants And Tools Direct Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
07419075
As at 31 August 2024
Sealants And Tools Direct Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
21,903
27,379
2
Property, plant and equipment
487,701
502,949
3
509,604
530,328
Current assets
Inventories
320,000
300,000
4
Trade and other receivables
36,275
24,777
5
113,237
Cash and cash equivalents
157,363
482,140
469,512
Trade and other payables: amounts falling due within one
year
(738,406)
(793,059)
6
(268,894)
(310,919)
Net current liabilities
Total assets less current liabilities
198,685
261,434
Trade and other payables: amounts falling due after more
than one year
(76,026)
(8,359)
7
(331)
(265)
Provisions for liabilities
189,995
Net assets
185,143
Capital and reserves
Called up share capital
100
100
Retained earnings
189,895
185,043
189,995
185,143
Shareholders' funds
For the year ended 31 August 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
07419075
For the year ended 31 August 2024
Sealants And Tools Direct Limited
Statement of Financial Position Continued
Paul Hathaway Director
These financial statements were approved and authorised for issue by the Board on 10 February 2025 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 August 2024
Sealants And Tools Direct Limited
Notes to the Financial Statements
Statutory Information
Sealants And Tools Direct Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07419075.
Registered address:
6B The Old Cider Works
Abbotskerswell
Newton Abbot
Devon
TQ12 5NF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Intangible fixed assets
Website
Design
Cost or valuation
£
At 01 September 2023
48,350
At 31 August 2024
48,350
Amortisation
At 01 September 2023
20,971
5,476
Charge for year
At 31 August 2024
26,447
Net book value
At 31 August 2024
21,903
At 31 August 2023
27,379
Intangible Assets are amortised over 12 years from their orginal cost date.
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6
For the year ended 31 August 2024
Sealants And Tools Direct Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor
Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
£
£
Cost or
valuation
At 01 September
2023
663,163
71,923
17,289
57,300
104,941
411,710
1,779
1,779
-
-
-
-
Additions
At 31 August
2024
411,710
57,300
17,289
73,702
664,942
104,941
Provision for depreciation and impairment
At 01 September
2023
160,214
48,354
11,662
34,370
65,828
-
Charge for year
17,027
5,070
1,125
4,074
6,758
-
At 31 August
2024
177,241
53,424
12,787
38,444
72,586
-
At 31 August
2024
Net book value
411,710
32,355
18,856
4,502
20,278
487,701
411,710
39,113
22,930
5,627
23,569
502,949
At 31 August
2023
4. Inventories
2023
2024
£
£
Stocks
300,000
320,000
5. Trade and other receivables
2023
2024
£
£
Trade debtors
15,694
36,275
Prepayments and accrued income
6,083
-
Other debtors
3,000
-
36,275
24,777
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7
For the year ended 31 August 2024
Sealants And Tools Direct Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
66,667
109,000
Bank loans and overdraft
96,251
10,000
Trade creditors
540,032
508,310
Taxation and social security
51,052
55,973
Accruals and deferred income
8,586
1,339
Directors' loan accounts
23,964
37,669
Obligations under HP/Financial leases
-
4,183
Other creditors
6,507
11,932
793,059
738,406
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
8,359
18,359
Bank loans and overdraft (secured)
-
57,667
8,359
76,026
8. Related party transactions
The company was under the control of Paul Hathway during this year.
9. Average number of persons employed
During the year the average number of employees was 4 (2023 : 4)
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