Sealants And Tools Direct Limited |
Registered Number:07419075 |
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
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
Sealants And Tools Direct Limited
Statement of Financial Position
2023
2024
21,903
27,379
2
Property, plant and equipment |
487,701
502,949
3
509,604
530,328
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
100
100
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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For the year ended 31 August 2024
Sealants And Tools Direct Limited
Statement of Financial Position Continued
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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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. |
6B The Old Cider Works
Abbotskerswell
Newton Abbot
Devon
TQ12 5NF
The presentation currency is £ sterling. |
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 |
48,350
48,350
20,971
5,476
Charge for year
26,447
21,903
27,379
Intangible Assets are amortised over 12 years from their orginal cost date.
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For the year ended 31 August 2024
Sealants And Tools Direct Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment |
663,163
71,923
17,289
57,300
104,941
411,710
1,779
1,779
-
-
-
-
411,710
57,300
17,289
73,702
664,942
104,941
Provision for depreciation and impairment |
160,214
48,354
11,662
34,370
65,828
-
Charge for year
17,027
5,070
1,125
4,074
6,758
-
177,241
53,424
12,787
38,444
72,586
-
411,710
32,355
18,856
4,502
20,278
487,701
411,710
39,113
22,930
5,627
23,569
502,949
2023
2024
300,000
320,000
5. Trade and other receivables |
2023
2024
15,694
36,275
Prepayments and accrued income |
6,083
-
3,000
-
36,275
24,777
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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
96,251
10,000
540,032
508,310
Taxation and social security |
51,052
55,973
Accruals and deferred income |
8,586
1,339
23,964
37,669
Obligations under HP/Financial leases |
-
4,183
6,507
11,932
793,059
738,406
7. Trade and other payables: amounts falling due after more than one year |
2023
2024
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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