1
31/03/2023
2023-03-31
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No description of principal activities is disclosed
2022-04-01
Sage Accounts Production 23.0 - FRS102_2021
xbrli:pure
xbrli:shares
iso4217:GBP
06304861
2022-04-01
2023-03-31
06304861
2023-03-31
06304861
2022-03-31
06304861
2021-04-01
2022-03-31
06304861
2022-03-31
06304861
2021-03-31
06304861
core:NetGoodwill
2022-04-01
2023-03-31
06304861
core:FurnitureFittingsToolsEquipment
2022-04-01
2023-03-31
06304861
bus:RegisteredOffice
2022-04-01
2023-03-31
06304861
bus:LeadAgentIfApplicable
2022-04-01
2023-03-31
06304861
bus:Director1
2022-04-01
2023-03-31
06304861
bus:CompanySecretary1
2022-04-01
2023-03-31
06304861
core:WithinOneYear
2023-03-31
06304861
core:WithinOneYear
2022-03-31
06304861
core:NetGoodwill
2023-03-31
06304861
core:FurnitureFittingsToolsEquipment
2022-03-31
06304861
core:FurnitureFittingsToolsEquipment
2023-03-31
06304861
core:AfterOneYear
2023-03-31
06304861
core:AfterOneYear
2022-03-31
06304861
core:ShareCapital
2023-03-31
06304861
core:ShareCapital
2022-03-31
06304861
core:RetainedEarningsAccumulatedLosses
2023-03-31
06304861
core:RetainedEarningsAccumulatedLosses
2022-03-31
06304861
core:NetGoodwill
2022-03-31
06304861
core:FurnitureFittingsToolsEquipment
2022-03-31
06304861
bus:Director1
2022-03-31
06304861
bus:Director1
2023-03-31
06304861
bus:Director1
2021-03-31
06304861
bus:Director1
2022-03-31
06304861
bus:Director1
2021-04-01
2022-03-31
06304861
bus:SmallEntities
2022-04-01
2023-03-31
06304861
bus:AuditExemptWithAccountantsReport
2022-04-01
2023-03-31
06304861
bus:FullAccounts
2022-04-01
2023-03-31
06304861
bus:SmallCompaniesRegimeForAccounts
2022-04-01
2023-03-31
06304861
bus:PrivateLimitedCompanyLtd
2022-04-01
2023-03-31
Company registration number:
06304861
S B Consulting Engineering & Acoustics Limited
Unaudited filleted financial statements
31 March 2023
S B CONSULTING ENGINEERING & ACOUSTICS LIMITED
DIRECTORS AND OTHER INFORMATION
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Director |
Mr S D Bruce |
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Secretary |
Mrs T A Bruce |
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Company number |
06304861 |
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Registered office |
Suite 2 The Acorn Centre, 5 Oak Court |
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Pennant Way, Lee Mill Industrial Estate |
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Plymouth |
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Devon |
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PL21 9GP |
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Business address |
The Acorn Centre, 5 Oak Court |
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Pennant Way, Lee Mill Industrial Estate |
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Plymouth |
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Devon |
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PL21 9GP |
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Accountants |
Westcotts (SW) LLP |
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Plym House |
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3 Longbridge Road |
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Plymouth |
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PL6 8LT |
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S B CONSULTING ENGINEERING & ACOUSTICS LIMITED
STATEMENT OF FINANCIAL POSITION
31 MARCH 2023
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2023 |
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2022 |
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Note |
£ |
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£ |
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£ |
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£ |
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Fixed assets |
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Intangible assets |
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5 |
- |
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- |
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Tangible assets |
|
6 |
5,890 |
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6,932 |
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|
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|
_______ |
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_______ |
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5,890 |
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6,932 |
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Current assets |
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Debtors |
|
7 |
32,889 |
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31,965 |
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Cash at bank and in hand |
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16,124 |
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21,647 |
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|
_______ |
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|
_______ |
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49,013 |
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53,612 |
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Creditors: amounts falling due |
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within one year |
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9 |
(
15,324) |
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|
(
16,592) |
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|
_______ |
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_______ |
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Net current assets |
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33,689 |
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37,020 |
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_______ |
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_______ |
Total assets less current liabilities |
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39,579 |
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43,952 |
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Creditors: amounts falling due |
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after more than one year |
|
10 |
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(
10,791) |
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(
12,879) |
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Provisions for liabilities |
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(
1,119) |
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(
1,317) |
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_______ |
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_______ |
Net assets |
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27,669 |
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29,756 |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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100 |
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|
100 |
Profit and loss account |
|
11 |
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27,569 |
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29,656 |
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_______ |
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_______ |
Shareholders funds |
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27,669 |
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29,756 |
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_______ |
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_______ |
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For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
15 December 2023
, and are signed on behalf of the board by:
Mr S D Bruce
Director
Company registration number:
06304861
S B CONSULTING ENGINEERING & ACOUSTICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 2 The Acorn Centre, 5 Oak Court, Pennant Way, Lee Mill Industrial Estate, Plymouth, Devon, PL21 9GP.
Principal activity
The principal activity of the company is that of testing for acoustic building requirements.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
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Goodwill |
- |
10 % |
straight line |
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If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Fittings fixtures and equipment |
- |
15 % |
reducing balance |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Principal activity
The principal activity of the company is that of testing for acoustic building requirements.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2022:
1
).
5.
Intangible assets
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Goodwill |
Total |
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£ |
£ |
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Cost |
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At 1 April 2022 and 31 March 2023 |
5,000 |
5,000 |
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_______ |
_______ |
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Amortisation |
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At 1 April 2022 and 31 March 2023 |
5,000 |
5,000 |
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_______ |
_______ |
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Carrying amount |
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At 31 March 2023 |
- |
- |
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_______ |
_______ |
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At 31 March 2022 |
- |
- |
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_______ |
_______ |
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6.
Tangible assets
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Fixtures, fittings and equipment |
Total |
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£ |
£ |
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Cost |
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At 1 April 2022 and 31 March 2023 |
23,547 |
23,547 |
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_______ |
_______ |
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Depreciation |
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At 1 April 2022 |
16,615 |
16,615 |
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Charge for the year |
1,042 |
1,042 |
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_______ |
_______ |
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At 31 March 2023 |
17,657 |
17,657 |
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_______ |
_______ |
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Carrying amount |
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At 31 March 2023 |
5,890 |
5,890 |
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_______ |
_______ |
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At 31 March 2022 |
6,932 |
6,932 |
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_______ |
_______ |
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7.
Debtors
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2023 |
2022 |
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£ |
£ |
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Trade debtors |
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1,440 |
4,224 |
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Other debtors |
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31,449 |
27,741 |
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_______ |
_______ |
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32,889 |
31,965 |
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_______ |
_______ |
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8.
Cash and cash equivalents
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2023 |
2022 |
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£ |
£ |
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Cash at bank and in hand |
|
16,124 |
21,647 |
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|
_______ |
_______ |
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|
|
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9.
Creditors: amounts falling due within one year
|
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|
2023 |
2022 |
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|
|
£ |
£ |
|
Bank loans and overdrafts |
|
3,554 |
3,701 |
|
Accruals and deferred income |
|
3,124 |
2,854 |
|
Social security and other taxes |
|
8,646 |
10,037 |
|
|
|
_______ |
_______ |
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15,324 |
16,592 |
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|
_______ |
_______ |
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10.
Creditors: amounts falling due after more than one year
|
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|
2023 |
2022 |
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£ |
£ |
|
Bank loans and overdrafts |
|
10,791 |
12,879 |
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|
_______ |
_______ |
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11.
Reserves
Profit and loss account:This reserve records retained earnings and accumulated losses.
12.
Directors advances, credits and guarantees
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During the year the director entered into the following advances and credits with the company: |
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2023 |
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Balance brought forward |
Advances /(credits) to the director |
Amounts repaid |
Balance o/standing |
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|
£ |
£ |
£ |
£ |
|
|
|
|
25,683 |
34,766 |
(
29,000) |
31,449 |
|
|
|
|
_______ |
_______ |
_______ |
_______ |
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2022 |
|
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|
Balance brought forward |
Advances /(credits) to the director |
Amounts repaid |
Balance o/standing |
|
|
|
|
£ |
£ |
£ |
£ |
|
|
|
|
21,261 |
25,683 |
(
21,261) |
25,683 |
|
|
|
|
_______ |
_______ |
_______ |
_______ |
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The balance of the overdrawn directors loan account attracts interest at a rate of 2%. The loan was repaid on 16 October.