Company Registration No. 11816933 (England and Wales)
Gary Schofield Carpets and Vinyls Ltd
Unaudited accounts
for the year ended 31 March 2023
Gary Schofield Carpets and Vinyls Ltd
Unaudited accounts
Contents
Gary Schofield Carpets and Vinyls Ltd
Company Information
for the year ended 31 March 2023
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 2023
Tangible assets
38,581
33,206
Cash at bank and in hand
83,509
78,436
Creditors: amounts falling due within one year
(102,645)
(72,645)
Net current assets
260,504
211,143
Net assets
299,085
244,349
Profit and loss account
299,084
244,348
Shareholders' funds
299,085
244,349
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. 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 18 December 2023 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 2023
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.
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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
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
5,300
61,795
708
67,803
Additions
245
17,990
-
18,235
At 31 March 2023
5,545
79,785
708
86,038
At 1 April 2022
1,400
32,857
340
34,597
Charge for the year
1,036
11,732
92
12,860
At 31 March 2023
2,436
44,589
432
47,457
At 31 March 2023
3,109
35,196
276
38,581
At 31 March 2022
3,900
28,938
368
33,206
Gary Schofield Carpets and Vinyls Ltd
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Amounts falling due after more than one year
Amounts due from group undertakings etc.
271,946
201,049
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
57,670
42,031
Taxes and social security
44,975
30,614
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Average number of employees
During the year the average number of employees was 2 (2022: 2).