Spray Rend Plus Ltd
Statement of financial position
as at
31 March 2022
Tangible assets
18,177
22,196
Cash at bank and in hand
17,242
30,834
Creditors: amounts falling due within one year
(1,408)
(1,496)
Net current assets
41,585
52,241
Total assets less current liabilities
59,762
74,437
Creditors: amounts falling due after more than one year
(48,086)
(68,750)
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
11,511
5,685
Shareholders' funds
11,513
5,687
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 18 December 2022 and were signed on its behalf by
Mr Nicholas Williams
Director
Company Registration No. 11886195
Spray Rend Plus Ltd
Notes to the Accounts
for the year ended 31 March 2022
Spray Rend Plus Ltd is a private company, limited by shares, registered in England and Wales, registration number 11886195. The registered office is 33 HEOL ISFOEL, LLANRHYSTUD, DYFED, SY23 5BJ, UNITED KINGDOM.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2021
26,850
6,000
165
33,015
Additions
1,030
-
-
1,030
At 31 March 2022
27,880
6,000
165
34,045
At 1 April 2021
8,798
1,966
55
10,819
Charge for the year
4,302
727
20
5,049
At 31 March 2022
13,100
2,693
75
15,868
At 31 March 2022
14,780
3,307
90
18,177
At 31 March 2021
18,052
4,034
110
22,196
Spray Rend Plus Ltd
Notes to the Accounts
for the year ended 31 March 2022
Amounts falling due within one year
Trade debtors
25,314
14,895
Amounts falling due after more than one year
Other debtors
8,518
8,008
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
2,416
2,278
Proposed dividends
2,000
-
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).