Company Registration No. 08391081 (England and Wales)
Supreme Screens Ltd
Unaudited accounts
for the year ended 31 March 2025
Supreme Screens Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
79,859
86,640
Cash at bank and in hand
200,657
233,421
Creditors: amounts falling due within one year
(83,012)
(63,627)
Net current assets
312,054
327,347
Total assets less current liabilities
391,913
413,987
Provisions for liabilities
Deferred tax
(16,171)
(21,659)
Net assets
375,742
392,328
Called up share capital
100
100
Profit and loss account
375,642
392,228
Shareholders' funds
375,742
392,328
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 directors acknowledge their 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 of Directors and authorised for issue on 14 August 2025 and were signed on its behalf by
Mr K Barton
Director
Company Registration No. 08391081
Supreme Screens Ltd
Notes to the Accounts
for the year ended 31 March 2025
Supreme Screens Ltd is a private company, limited by shares, registered in England and Wales, registration number 08391081. The registered office is 18 The Hill, Blunham, Bedford, MK44 3NG.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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% straight line
Motor vehicles
25% reducing balance
Computer equipment
33% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Supreme Screens Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
34,788
139,807
9,199
183,794
Additions
6,740
19,684
2,397
28,821
Disposals
-
(34,996)
(1,219)
(36,215)
At 31 March 2025
41,528
124,495
10,377
176,400
At 1 April 2024
27,158
64,472
5,524
97,154
Charge for the year
3,052
21,151
1,406
25,609
On disposals
-
(26,222)
-
(26,222)
At 31 March 2025
30,210
59,401
6,930
96,541
At 31 March 2025
11,318
65,094
3,447
79,859
At 31 March 2024
7,630
75,335
3,675
86,640
Amounts falling due within one year
Trade debtors
57,462
53,299
Other debtors
136,074
103,652
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
26,541
25,480
Taxes and social security
52,042
33,762
Other creditors
4,429
4,385
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan advanced in the year. Interest is charged at 2.25% per annum.
90,791
126,422
90,791
126,422
90,791
126,422
90,791
126,422
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).