Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-303true2023-07-01falseNo description of principal activity2falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03780601 2023-07-01 2024-06-30 03780601 2022-07-01 2023-06-30 03780601 2024-06-30 03780601 2023-06-30 03780601 c:Director1 2023-07-01 2024-06-30 03780601 d:MotorVehicles 2023-07-01 2024-06-30 03780601 d:OfficeEquipment 2023-07-01 2024-06-30 03780601 d:OfficeEquipment 2024-06-30 03780601 d:OfficeEquipment 2023-06-30 03780601 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03780601 d:CurrentFinancialInstruments 2024-06-30 03780601 d:CurrentFinancialInstruments 2023-06-30 03780601 d:Non-currentFinancialInstruments 2024-06-30 03780601 d:Non-currentFinancialInstruments 2023-06-30 03780601 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 03780601 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 03780601 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 03780601 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 03780601 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-06-30 03780601 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 03780601 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-06-30 03780601 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-06-30 03780601 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-06-30 03780601 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-06-30 03780601 d:ShareCapital 2024-06-30 03780601 d:ShareCapital 2023-06-30 03780601 d:RetainedEarningsAccumulatedLosses 2024-06-30 03780601 d:RetainedEarningsAccumulatedLosses 2023-06-30 03780601 c:FRS102 2023-07-01 2024-06-30 03780601 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 03780601 c:FullAccounts 2023-07-01 2024-06-30 03780601 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 03780601 2 2023-07-01 2024-06-30 03780601 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 03780601









SURREY INTERIORS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
SURREY INTERIORS LIMITED
REGISTERED NUMBER: 03780601

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,076
2,660

  
2,076
2,660

Current assets
  

Stocks
  
29,897
26,407

Debtors: amounts falling due within one year
 5 
159,458
226,171

Cash at bank and in hand
 6 
563
563

  
189,918
253,141

Creditors: amounts falling due within one year
 7 
(144,861)
(170,651)

Net current assets
  
 
 
45,057
 
 
82,490

Total assets less current liabilities
  
47,133
85,150

Creditors: amounts falling due after more than one year
 8 
(27,317)
(32,873)

  

Net assets
  
19,816
52,277

Page 1

 
SURREY INTERIORS LIMITED
REGISTERED NUMBER: 03780601
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
19,716
52,177

  
19,816
52,277


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 June 2025.




Graham Munns
Director

The notes on pages 3 to 8 form part of these financial statements.
Page 2

 
SURREY INTERIORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Surrey Interiors Limited is a private limited company limited by share capital. The company is registered in England and Wales, company number 03780601. The Company's registered office address is located at 1 The Green, Richmond, Surrey TW9 1PL.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
SURREY INTERIORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
SURREY INTERIORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
SURREY INTERIORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

3.


Employees

2024
2023
£
£

Wages and salaries
140,873
74,092

Social security costs
7,222
1,882

Cost of defined contribution scheme
88,228
3,713

236,323
79,687


The average monthly number of employees, including directors, during the year was 2 (2023 - 3).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 July 2023
42,217



At 30 June 2024

42,217



Depreciation


At 1 July 2023
39,556


Charge for the year on owned assets
585



At 30 June 2024

40,141



Net book value



At 30 June 2024
2,076



At 30 June 2023
2,660


5.


Debtors

2024
2023
£
£


Other debtors
120,978
142,737

Prepayments and accrued income
21,713
66,667

Tax recoverable
16,767
16,767
Page 6

 
SURREY INTERIORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.Debtors (continued)


159,458
226,171



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
563
563

Less: bank overdrafts
(13,292)
(3,118)

(12,729)
(2,555)



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
13,292
3,118

Other loans
5,356
5,356

Trade creditors
40,517
81,890

Corporation tax
4,813
12,641

Other taxation and social security
29,847
41,627

Other creditors
15,186
15,186

Accruals and deferred income
35,850
10,833

144,861
170,651



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loans
27,317
32,873

27,317
32,873


Page 7

 
SURREY INTERIORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Other loans
5,356
5,356


5,356
5,356

Amounts falling due 1-2 years

Other loans
5,556
5,556


5,556
5,556

Amounts falling due 2-5 years

Other loans
16,668
16,668


16,668
16,668

Amounts falling due after more than 5 years

Other loans
5,093
10,649

5,093
10,649

32,673
38,229



10.


Transactions with directors

Included within other debtors due within one year is a loan to Graham Munns, a director, amounting to
£120,335 (2023 - £142,096). Interest was charged on this loan at 2.25%.

 
Page 8