Company Registration No. 11816933 (England and Wales)
Gary Schofield Carpets and Vinyls Ltd
Unaudited accounts
for the year ended 31 March 2022
Gary Schofield Carpets and Vinyls Ltd
Unaudited accounts
Contents
Gary Schofield Carpets and Vinyls Ltd
Company Information
for the year ended 31 March 2022
Company Number
11816933 (England and Wales)
Registered Office
15 Avon Drive
Bury
BL9 6JN
Gary Schofield Carpets and Vinyls Ltd
Statement of financial position
as at
31 March 2022
Tangible assets
33,206
39,165
Cash at bank and in hand
78,436
166,384
Creditors: amounts falling due within one year
(72,645)
(84,720)
Net current assets
211,143
151,274
Total assets less current liabilities
244,349
190,439
Creditors: amounts falling due after more than one year
-
(170)
Net assets
244,349
190,269
Profit and loss account
244,348
190,268
Shareholders' funds
244,349
190,269
For the year ending 31 March 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 19 December 2022 and were signed on its behalf by
Gary Schofield
Director
Company Registration No. 11816933
Gary Schofield Carpets and Vinyls Ltd
Notes to the Accounts
for the year ended 31 March 2022
Gary Schofield Carpets and Vinyls Ltd is a private company, limited by shares, registered in England and Wales, registration number 11816933. The registered office is 15 Avon Drive, Bury, BL9 6JN.
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:
Motor vehicles
25% on Cost
Computer equipment
25% on Cost
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2021
400
61,795
498
62,693
Additions
4,900
-
210
5,110
At 31 March 2022
5,300
61,795
708
67,803
At 1 April 2021
100
23,211
217
23,528
Charge for the year
1,300
9,646
123
11,069
At 31 March 2022
1,400
32,857
340
34,597
At 31 March 2022
3,900
28,938
368
33,206
At 31 March 2021
300
38,584
281
39,165
Gary Schofield Carpets and Vinyls Ltd
Notes to the Accounts
for the year ended 31 March 2022
Amounts falling due within one year
Trade debtors
4,303
6,593
Amounts falling due after more than one year
Amounts due from group undertakings etc.
201,049
63,017
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
42,031
34,742
Taxes and social security
30,614
49,978
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).