Company Registration No. 03837122 (England and Wales)
SELECTREX LIMITED
Unaudited accounts
for the year ended 30 September 2021
SELECTREX LIMITED
Unaudited accounts
Contents
SELECTREX LIMITED
Company Information
for the year ended 30 September 2021
Director
Ian Malcolm Holland
Company Number
03837122 (England and Wales)
Registered Office
9 CROSBY ROAD
RADCLIFFE
MANCHESTER
M26 4JL
Accountants
Monton Green Accountancy Ltd
5 Hawthorn Avenue
Eccles
Manchester
M30 9NE
SELECTREX LIMITED
Statement of financial position
as at
30 September 2021
Cash at bank and in hand
19,105
41,235
Creditors: amounts falling due within one year
(59,798)
(61,370)
Net current assets
27,608
21,281
Called up share capital
2
2
Profit and loss account
27,719
21,505
Shareholders' funds
27,721
21,507
For the year ending 30 September 2021 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 7 June 2022 and were signed on its behalf by
Ian Malcolm Holland
Director
Company Registration No. 03837122
SELECTREX LIMITED
Notes to the Accounts
for the year ended 30 September 2021
SELECTREX LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03837122. The registered office is 9 CROSBY ROAD, RADCLIFFE, MANCHESTER, M26 4JL.
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:
Fixtures & fittings
10% Straight Line
Computer equipment
10% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2020
2,940
377
3,317
At 30 September 2021
2,940
377
3,317
At 1 October 2020
2,714
377
3,091
Charge for the year
113
-
113
At 30 September 2021
2,827
377
3,204
At 30 September 2021
113
-
113
At 30 September 2020
226
-
226
SELECTREX LIMITED
Notes to the Accounts
for the year ended 30 September 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
56,726
27,051
Other debtors
3,100
5,890
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
27,847
17,870
Taxes and social security
133
-
Loans from directors
30,918
42,600
7
Average number of employees
During the year the average number of employees was 3 (2020: 3).