Smiths Fitted Furniture Limited |
Registered Number:08509142 |
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 June 2024
Smiths Fitted Furniture Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Smiths Fitted Furniture Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
460,880
147,746
2
460,880
147,746
178,000
250,000
3
Trade and other receivables |
329,000
3,070,403
4
1,566,339
Cash and cash equivalents |
480,467
3,800,870
2,073,339
Trade and other payables: amounts falling due within one |
year |
(447,152)
(1,245,608)
5
1,626,187
2,555,262
Net current assets
Total assets less current liabilities |
3,016,142
1,773,933
3,016,142
Net assets
1,773,933
2
2
3,016,140
1,773,931
3,016,142
1,773,933
Shareholders' funds
For the year ended 30 June 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 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 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. |
Mr Barinder Singh Dhillon Director |
These financial statements were approved and authorised for issue by the Board on 20 March 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 June 2024
Smiths Fitted Furniture Limited
Notes to the Financial Statements
Statutory Information
Smiths Fitted Furniture Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 08509142. |
Unit 1A
Ashley Road
Uxbridge
Middlesex
UB8 2GA
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. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 30 June 2024
Smiths Fitted Furniture Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
334,564
3,700
3,500
62,446
264,918
398,965
3,000
15,000
30,000
350,965
92,446
18,500
6,700
733,529
615,883
Provision for depreciation and impairment |
186,818
1,927
2,811
15,951
166,129
Charge for year
85,831
716
2,353
15,299
67,463
272,649
2,643
5,164
31,250
233,592
382,291
61,196
13,336
4,057
460,880
98,789
46,495
689
1,773
147,746
2023
2024
250,000
178,000
4. Trade and other receivables |
2023
2024
3,070,403
329,000
5. Trade and other payables: amounts falling due within one year |
2023
2024
227,113
80,709
Taxation and social security |
421,966
260,777
596,529
105,666
1,245,608
447,152
6. Average number of persons employed |
During the year the average number of employees was 18 (2023 : 17)
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