Spray Rend Plus Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
16,567
18,177
Inventories
5,000
(10,080)
Cash at bank and in hand
22,391
17,242
Creditors: amounts falling due within one year
730
(1,408)
Net current assets
46,150
41,585
Total assets less current liabilities
62,717
59,762
Creditors: amounts falling due after more than one year
(47,872)
(48,086)
Provisions for liabilities
Other provisions
(617)
(163)
Called up share capital
2
2
Profit and loss account
14,226
11,511
Shareholders' funds
14,228
11,513
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 directors acknowledge their 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 of Directors and authorised for issue on 23 June 2023 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 2023
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 2022
27,880
6,000
165
34,045
Additions
267
-
1,762
2,029
At 31 March 2023
28,147
6,000
1,927
36,074
At 1 April 2022
13,100
2,693
75
15,868
Charge for the year
2,709
596
334
3,639
At 31 March 2023
15,809
3,289
409
19,507
At 31 March 2023
12,338
2,711
1,518
16,567
At 31 March 2022
14,780
3,307
90
18,177
Spray Rend Plus Ltd
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
10,021
25,314
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
638
2,416
Proposed dividends
-
2,000
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 2 (2022: 2).