Company Registration No. 12353745 (England and Wales)
S & K MILES LTD
Unaudited accounts
for the year ended 31 December 2022
S & K MILES LTD
Unaudited accounts
Contents
S & K MILES LTD
Company Information
for the year ended 31 December 2022
Company Number
12353745 (England and Wales)
Registered Office
16 CAMERON ROAD
SEVEN KINGS
ILFORD
IG3 8LB
ENGLAND
S & K MILES LTD
Statement of financial position
as at 31 December 2022
Tangible assets
27,208
32,009
Cash at bank and in hand
358
406
Creditors: amounts falling due within one year
(15,915)
(13,917)
Net current liabilities
(15,557)
(13,511)
Total assets less current liabilities
11,651
18,498
Creditors: amounts falling due after more than one year
(22,258)
(31,789)
Net liabilities
(10,607)
(13,291)
Called up share capital
1
1
Profit and loss account
(10,608)
(13,292)
Shareholders' funds
(10,607)
(13,291)
For the year ending 31 December 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 2023 and were signed on its behalf by
Muhammad Ali
Director
Company Registration No. 12353745
S & K MILES LTD
Notes to the Accounts
for the year ended 31 December 2022
S & K MILES LTD is a private company, limited by shares, registered in England and Wales, registration number 12353745. The registered office is 16 CAMERON ROAD, SEVEN KINGS, ILFORD, IG3 8LB, ENGLAND.
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
Motor vehicles
At 31 December 2022
37,614
At 31 December 2022
10,406
At 31 December 2022
27,208
At 31 December 2021
32,009
5
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
4,834
4,834
Obligations under finance leases and hire purchase contracts
6,523
6,523
Loans from directors
4,558
2,560
S & K MILES LTD
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
16,850
23,373
7
Average number of employees
During the year the average number of employees was 2 (2021: 2).