Company Registration No. 06903049 (England and Wales)
54 SOLUTIONS LIMITED
Unaudited accounts
for the year ended 31 May 2022
54 SOLUTIONS LIMITED
Unaudited accounts
Contents
54 SOLUTIONS LIMITED
Company Information
for the year ended 31 May 2022
Company Number
06903049 (England and Wales)
Registered Office
4 Nightingale Crescent
West Horsley
Leatherhead
Surrey
KT24 6PD
826
Accountants
Mark Symonds
4 Nightingale Crescent
West Horsley
Leatherhead
Surrey
KT24 6PD
54 SOLUTIONS LIMITED
Statement of financial position
as at
31 May 2022
Cash at bank and in hand
9,684
13,664
Creditors: amounts falling due within one year
(36,524)
(30,714)
Net current liabilities
(25,236)
(15,443)
Net liabilities
(25,235)
(15,442)
Called up share capital
1
1
Profit and loss account
(25,236)
(15,443)
Shareholders' funds
(25,235)
(15,442)
For the year ending 31 May 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 12 August 2022 and were signed on its behalf by
M R Suttill
Director
Company Registration No. 06903049
54 SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 May 2022
54 SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06903049. The registered office is 4 Nightingale Crescent, West Horsley, Leatherhead, Surrey, KT24 6PD, 826.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
1,604
1,607
54 SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 May 2022
6
Creditors: amounts falling due within one year
2022
2021
Other creditors
36,024
30,214
7
Average number of employees
During the year the average number of employees was 1 (2021: 1).