Company Registration No. 13056460 (England and Wales)
SELL US YOUR GUITAR LTD
Unaudited accounts
for the year ended 31 December 2022
SELL US YOUR GUITAR LTD
Unaudited accounts
Contents
SELL US YOUR GUITAR LTD
Company Information
for the year ended 31 December 2022
Directors
Mr A North
Mr J Samuels
Mr L Sellars
Company Number
13056460 (England and Wales)
Registered Office
18 GEORGE STREET
ASHTON-UNDER-LYNE
OL6 6AQ
ENGLAND
Accountants
SQK Accountancy Limited
275 Deansgate
Manchester
North West England
M3 4EL
SELL US YOUR GUITAR LTD
Accountants' report
Accountants' report to the board of directors of SELL US YOUR GUITAR LTD on the preparation of the unaudited statutory accounts for the year ended 31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
SELL US YOUR GUITAR LTD for the year ended
31 December 2022 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of SELL US YOUR GUITAR LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of SELL US YOUR GUITAR LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SELL US YOUR GUITAR LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SELL US YOUR GUITAR LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of SELL US YOUR GUITAR LTD. You consider that SELL US YOUR GUITAR LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of SELL US YOUR GUITAR LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
SQK Accountancy Limited
275 Deansgate
Manchester
North West England
M3 4EL
28 March 2023
SELL US YOUR GUITAR LTD
Statement of financial position
as at 31 December 2022
Inventories
152,478
104,628
Cash at bank and in hand
22,172
26,780
Creditors: amounts falling due within one year
(84,320)
(202,020)
Net current assets
90,330
46,930
Called up share capital
100
100
Profit and loss account
90,230
46,830
Shareholders' funds
90,330
46,930
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 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 29 September 2023 and were signed on its behalf by
Mr J Samuels
Director
Company Registration No. 13056460
SELL US YOUR GUITAR LTD
Notes to the Accounts
for the year ended 31 December 2022
SELL US YOUR GUITAR LTD is a private company, limited by shares, registered in England and Wales, registration number 13056460. The registered office is 18 GEORGE STREET, ASHTON-UNDER-LYNE, OL6 6AQ, 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.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
42,624
18,338
Other creditors
36,460
183,673
Loans from directors
5,236
-
6
Average number of employees
During the year the average number of employees was 7 (2021: 0).