Company Registration No. 12604403 (England and Wales)
Southern Counties Installations Ltd
Unaudited accounts
for the year ended 31 May 2023
Southern Counties Installations Ltd
Unaudited accounts
Contents
Southern Counties Installations Ltd
Company Information
for the year ended 31 May 2023
Directors
Dan Nicholls
Charlotte Wattie
Company Number
12604403 (England and Wales)
Registered Office
20 New Road
Haslemere
GU27 3RW
ENGLAND
Accountants
Easy Accountants
New Forest Enterprise Centre
Rushington Business Park
Totton
Hampshire
SO40 9LA
Southern Counties Installations Ltd
Statement of financial position
as at 31 May 2023
Tangible assets
16,619
17,053
Cash at bank and in hand
70,808
48,015
Creditors: amounts falling due within one year
(47,924)
(27,794)
Net current assets
34,053
36,621
Called up share capital
100
100
Profit and loss account
50,572
53,574
Shareholders' funds
50,672
53,674
For the year ending 31 May 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 11 October 2023 and were signed on its behalf by
Dan Nicholls
Director
Company Registration No. 12604403
Southern Counties Installations Ltd
Notes to the Accounts
for the year ended 31 May 2023
Southern Counties Installations Ltd is a private company, limited by shares, registered in England and Wales, registration number 12604403. The registered office is 20 New Road, Haslemere, GU27 3RW, 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:
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
10,000
14,298
1,250
25,548
Additions
4,167
-
938
5,105
At 31 May 2023
14,167
14,298
2,188
30,653
At 1 June 2022
4,375
3,574
546
8,495
Charge for the year
2,448
2,681
410
5,539
At 31 May 2023
6,823
6,255
956
14,034
At 31 May 2023
7,344
8,043
1,232
16,619
At 31 May 2022
5,625
10,724
704
17,053
Amounts falling due within one year
Trade debtors
8,125
14,063
Amounts falling due after more than one year
Southern Counties Installations Ltd
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
8,136
11,623
Taxes and social security
1,240
1,845
Loans from directors
2,999
4,889
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).