| Shirley Industrial Painters and Decorators Limited |
| Registered Number:04374187 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Shirley Industrial Painters and Decorators Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Shirley Industrial Painters and Decorators Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
72,748
66,559
2
72,748
66,559
27,000
18,000
3
| Trade and other receivables |
349,758
700,693
4
1,488,887
| Cash and cash equivalents |
1,440,776
2,159,469
1,865,645
| Trade and other payables: amounts falling due within one |
| year |
(740,018)
(784,919)
5
1,125,627
1,374,550
Net current assets
| Total assets less current liabilities |
1,447,298
1,192,186
1,447,298
Net assets
1,192,186
1,000
1,000
1,446,298
1,191,186
1,447,298
1,192,186
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
| each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
| 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
| statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 16 June 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Shirley Industrial Painters and Decorators Limited
Notes to the Financial Statements
Statutory Information
| Shirley Industrial Painters and Decorators Limited is a private limited company, limited by shares, domiciled in England |
| and Wales, registration number 04374187. |
Grand Union House
Bridge Walk
Acocks Green
Birmingham
B27 6SN
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 March 2025
Shirley Industrial Painters and Decorators Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
234,718
1,847
6,391
90,792
135,688
53,633
1,606
-
52,027
-
-
-
(45,797)
-
(45,797)
97,022
6,391
3,453
242,554
135,688
| Provision for depreciation and impairment |
168,159
338
6,221
46,824
114,776
Charge for year
22,847
623
34
18,008
4,182
(21,200)
-
-
(21,200)
-
169,806
961
6,255
43,632
118,958
16,730
53,390
136
2,492
72,748
20,912
43,968
170
1,509
66,559
2024
2025
18,000
27,000
| 4. Trade and other receivables |
2024
2025
165,747
347,163
534,946
2,595
349,758
700,693
| The debtors above include the following amounts falling due after more than one year: |
440,000
-
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For the year ended 31 March 2025
Shirley Industrial Painters and Decorators Limited
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
164,822
238,151
| Taxation and social security |
114,752
159,536
505,345
342,331
784,919
740,018
| 6. Average number of persons employed |
During the year the average number of employees was 4 (2024 : 4)
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