IN-FOCUS S&S LTD
Registered number: 06998397
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 18,938 14,136
Cash at bank and in hand 9,332 13,212
28,270 27,348
Creditors: amounts falling due within one year 4 (23,519) (23,686)
Net current assets 4,751 3,662
Net assets 4,751 3,662
Capital and reserves
Called up share capital 1 1
Profit and loss account 4,750 3,661
Shareholders' funds 4,751 3,662
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M Turner
Director
Approved by the board on 26 March 2025
IN-FOCUS S&S LTD
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2024 2023
£ £
Other debtors 18,938 14,136
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 4,070 6,732
Corporation tax 14,922 12,115
Other taxes and social security costs 4,527 4,839
23,519 23,686
5 Other information
IN-FOCUS S&S LTD is a private company limited by shares and incorporated in England. Its registered office is:
27 Nevill Road
Bramhall
Stockport
SK7 3ET
IN-FOCUS S&S LTD 06998397 false 2023-08-01 2024-07-31 2024-07-31 VT Final Accounts July 2024 M Turner No description of principal activity 06998397 2022-08-01 2023-07-31 06998397 core:WithinOneYear 2023-07-31 06998397 core:ShareCapital 2023-07-31 06998397 core:RetainedEarningsAccumulatedLosses 2023-07-31 06998397 2023-08-01 2024-07-31 06998397 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 06998397 bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 06998397 bus:Director40 2023-08-01 2024-07-31 06998397 countries:England 2023-08-01 2024-07-31 06998397 bus:FRS102 2023-08-01 2024-07-31 06998397 bus:FilletedAccounts 2023-08-01 2024-07-31 06998397 2024-07-31 06998397 core:WithinOneYear 2024-07-31 06998397 core:ShareCapital 2024-07-31 06998397 core:RetainedEarningsAccumulatedLosses 2024-07-31 06998397 2023-07-31 iso4217:GBP xbrli:pure