Company Registration No. 13999438 (England and Wales)
Sands of Tyne Ltd
Unaudited accounts
for the year ended 31 March 2025
Sands of Tyne Ltd
Unaudited accounts
Contents
Sands of Tyne Ltd
Company Information
for the year ended 31 March 2025
Company Number
13999438 (England and Wales)
Registered Office
12 Forest Hall Road
Newcastle upon Tyne
NE12 9AJ
Accountants
Abacus Jack Ltd
New Century House
Crowther Road
Washington
Tyne and Wear
NE38 0QA
Sands of Tyne Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
46,271
18,908
Cash at bank and in hand
176,758
101,692
Creditors: amounts falling due within one year
(46,506)
(69,379)
Net current assets
133,635
32,313
Total assets less current liabilities
179,906
51,221
Creditors: amounts falling due after more than one year
(14,074)
-
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
154,263
51,220
Shareholders' funds
154,264
51,221
For the year ending 31 March 2025 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 July 2025 and were signed on its behalf by
G Cavagin
Director
Company Registration No. 13999438
Sands of Tyne Ltd
Notes to the Accounts
for the year ended 31 March 2025
Sands of Tyne Ltd is a private company, limited by shares, registered in England and Wales, registration number 13999438. The registered office is 12 Forest Hall Road, Newcastle upon Tyne, NE12 9AJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% Straight Line
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
33,043
-
33,043
Additions
9,883
30,884
40,767
Disposals
(8,000)
-
(8,000)
At 31 March 2025
34,926
30,884
65,810
At 1 April 2024
14,135
-
14,135
Charge for the year
12,960
444
13,404
On disposals
(8,000)
-
(8,000)
At 31 March 2025
19,095
444
19,539
At 31 March 2025
15,831
30,440
46,271
At 31 March 2024
18,908
-
18,908
Carrying values included above held under finance leases and hire purchase contracts:
£
£
Sands of Tyne Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Accrued income and prepayments
755
-
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
(1,500)
(1,500)
Obligations under finance leases and hire purchase contracts
2,737
-
Taxes and social security
32,957
20,586
Other creditors
1,092
(259)
Loans from directors
-
34,609
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
14,074
-
8
Average number of employees
During the year the average number of employees was 11 (2024: 6).