Registered number
07764039
S B S Supplies Ltd
Filleted Accounts
30 September 2024
S B S Supplies Ltd
Registered number: 07764039
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 55,167 74,037
Current assets
Stocks 31,084 -
Debtors 4 35,545 15,000
Cash at bank and in hand 90,760 137,041
157,389 152,041
Creditors: amounts falling due within one year 5 (105,079) (96,731)
Net current assets 52,310 55,310
Net assets 107,477 129,347
Capital and reserves
Called up share capital 100 100
Profit and loss account 107,377 129,247
Shareholders' funds 107,477 129,347
The director is 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 director acknowledges her 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.
J Millham
Director
Approved by the board on 25 June 2025
S B S Supplies Ltd
Notes to the Accounts
for the year ended 30 September 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 (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 October 2023 140,887 27,500 168,387
At 30 September 2024 140,887 27,500 168,387
Depreciation
At 1 October 2023 81,850 12,500 94,350
Charge for the year 16,370 2,500 18,870
At 30 September 2024 98,220 15,000 113,220
Net book value
At 30 September 2024 42,667 12,500 55,167
At 30 September 2023 59,037 15,000 74,037
4 Debtors 2024 2023
£ £
Trade debtors 5,545 -
Other debtors 30,000 15,000
35,545 15,000
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 58,350 58,350
Taxation and social security costs 14,423 11,072
Other creditors 32,306 27,309
105,079 96,731
6 Other information
S B S Supplies Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Palm Lodge
Crays Hill Road
Billericay
Essex
CM11 2YP
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