Company Registration No. 04064619 (England and Wales)
Stretch Ceilings ME Limited
Unaudited accounts
for the year ended 29 July 2024
Stretch Ceilings ME Limited
Unaudited accounts
Contents
Stretch Ceilings ME Limited
Company Information
for the year ended 29 July 2024
Company Number
04064619 (England and Wales)
Registered Office
2-3 Stable Court
Herriard Park, Herriard
Basingstoke
Hampshire
RG25 2PL
England
Accountants
Black & White Chartered Certified Accountants
The Well House 4
Herriard Park
Basingstoke
Hampshire
RG25 2PL
Stretch Ceilings ME Limited
Statement of financial position
as at 29 July 2024
Tangible assets
50,615
140,650
Inventories
396,006
262,341
Cash at bank and in hand
12,210
38,224
Creditors: amounts falling due within one year
(681,492)
(384,500)
Net current assets
82,588
548,665
Net assets
133,203
689,315
Called up share capital
5,000
5,000
Revaluation reserve
45,854
45,854
Profit and loss account
82,349
638,461
Shareholders' funds
133,203
689,315
For the year ending 29 July 2024 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 15 December 2025 and were signed on its behalf by
Stephen Savage
Director
Company Registration No. 04064619
Stretch Ceilings ME Limited
Notes to the Accounts
for the year ended 29 July 2024
Stretch Ceilings ME Limited is a private company, limited by shares, registered in England and Wales, registration number 04064619. The registered office is 2-3 Stable Court, Herriard Park, Herriard, Basingstoke, Hampshire, RG25 2PL, England.
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
5 and 10 years straight line
Motor vehicles
10 years straight line
Fixtures & fittings
5 years straight line
Computer equipment
5 years straight line
Other tangible fixed assets
5 years stright line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Intellectual property rights - 10 years straight line
4
Intangible fixed assets
Other
Stretch Ceilings ME Limited
Notes to the Accounts
for the year ended 29 July 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At valuation
At cost
At valuation
At valuation
At 30 July 2023
337,694
94,981
52,712
31,517
516,904
Additions
-
-
14,553
-
14,553
Revaluations
270,626
-
78,562
17,289
366,477
At 29 July 2024
608,320
94,981
145,827
48,806
897,934
At 30 July 2023
254,863
37,162
52,712
31,517
376,254
Charge for the year
82,831
18,996
29,165
1,271
132,263
Surplus on revaluation
270,626
-
52,159
16,017
338,802
At 29 July 2024
608,320
56,158
134,036
48,805
847,319
At 29 July 2024
-
38,823
11,791
1
50,615
At 29 July 2023
82,831
57,819
-
-
140,650
Amounts falling due within one year
Trade debtors
355,864
632,600
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
172,830
122,988
Amounts owed to group undertakings and other participating interests
233,784
-
Other creditors
100,139
68,967
Loans from directors
172,092
190,835
8
Average number of employees
During the year the average number of employees was 20 (2023: 20).