SKY SASH WINDOWS LTD
Statement of financial position
as at 31 July 2023
Tangible assets
2,844
3,791
Cash at bank and in hand
141,756
224,802
Creditors: amounts falling due within one year
(92,323)
(122,971)
Net current assets
79,910
101,831
Total assets less current liabilities
82,754
105,622
Creditors: amounts falling due after more than one year
(26,405)
-
Called up share capital
1,500
1,500
Profit and loss account
54,849
104,122
Shareholders' funds
56,349
105,622
For the year ending 31 July 2023 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 16 April 2024 and were signed on its behalf by
REJMENT LUKASZ
Director
Company Registration No. 05515100
SKY SASH WINDOWS LTD
Notes to the Accounts
for the year ended 31 July 2023
SKY SASH WINDOWS LTD is a private company, limited by shares, registered in England and Wales, registration number 05515100. The registered office is 46 Haslemere Avenue, Mitcham, Surrey, CR4 3BA, 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Other tangible fixed assets
25%
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2022
41,899
1,363
43,262
At 31 July 2023
41,899
1,363
43,262
At 1 August 2022
38,108
1,363
39,471
Charge for the year
947
-
947
At 31 July 2023
39,055
1,363
40,418
At 31 July 2023
2,844
-
2,844
At 31 July 2022
3,791
-
3,791
SKY SASH WINDOWS LTD
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Accrued income and prepayments
29,123
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
50,000
Taxes and social security
1,040
17,361
Accrued preference dividends
-
15,300
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).