Company Registration No. 05215816 (England and Wales)
Sandbar AP Limited
Unaudited accounts
for the year ended 31 August 2022
Sandbar AP Limited
Unaudited accounts
Contents
Sandbar AP Limited
Company Information
for the year ended 31 August 2022
Company Number
05215816 (England and Wales)
Registered Office
THE GLASSHOUSE HIGHFIELDS BUSINESS PARK
KNEESWORTH
ROYSTON
HERTFORDSHIRE
SG8 5JT
Sandbar AP Limited
Statement of financial position
as at 31 August 2022
Intangible assets
13,554
24,102
Tangible assets
278,736
119,908
Inventories
969,000
772,135
Debtors
2,696,720
1,530,013
Cash at bank and in hand
2,141,815
1,526,562
Creditors: amounts falling due within one year
(2,226,362)
(808,973)
Net current assets
3,583,173
3,021,737
Total assets less current liabilities
3,875,463
3,165,747
Creditors: amounts falling due after more than one year
(175,000)
(180,000)
Provisions for liabilities
Deferred tax
(25,163)
(25,163)
Net assets
3,675,300
2,960,584
Called up share capital
105
100
Share premium
148,783
97,495
Capital redemption reserve
63
63
Profit and loss account
3,526,349
2,862,926
Shareholders' funds
3,675,300
2,960,584
For the year ending 31 August 2022 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 May 2023 and were signed on its behalf by
N Andrews
Director
Company Registration No. 05215816
Sandbar AP Limited
Notes to the Accounts
for the year ended 31 August 2022
Sandbar AP Limited is a private company, limited by shares, registered in England and Wales, registration number 05215816. The registered office is THE GLASSHOUSE HIGHFIELDS BUSINESS PARK, KNEESWORTH, ROYSTON, HERTFORDSHIRE, SG8 5JT.
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
25% on cost and 25 % reducing balance
Motor vehicles
25% on cost
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 1 September 2021
52,740
At 1 September 2021
28,638
Charge for the year
10,548
Sandbar AP Limited
Notes to the Accounts
for the year ended 31 August 2022
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2021
195,346
124,765
320,111
Additions
211,685
-
211,685
At 31 August 2022
407,031
124,765
531,796
At 1 September 2021
155,745
44,458
200,203
Charge for the year
23,812
29,045
52,857
At 31 August 2022
179,557
73,503
253,060
At 31 August 2022
227,474
51,262
278,736
At 31 August 2021
39,601
80,307
119,908
Amounts falling due within one year
Trade debtors
1,748,142
1,090,993
Amounts due from group undertakings etc.
-
329,522
Accrued income and prepayments
858,743
20,027
Other debtors
89,835
89,471
7
Investments held as current assets
2022
2021
Unlisted investments
2,000
2,000
8
Creditors: amounts falling due within one year
2022
2021
Trade creditors
859,733
542,599
Amounts owed to group undertakings and other participating interests
525,598
-
Taxes and social security
390,925
68,730
Other creditors
16,059
(34)
9
Creditors: amounts falling due after more than one year
2022
2021
Other creditors
175,000
180,000
Sandbar AP Limited
Notes to the Accounts
for the year ended 31 August 2022
10
Average number of employees
During the year the average number of employees was 15 (2021: 14).