Company Registration No. 07621244 (England and Wales)
S A Accountancy Incorporated Ltd
Unaudited accounts
for the year ended 31 May 2022
S A Accountancy Incorporated Ltd
Unaudited accounts
Contents
S A Accountancy Incorporated Ltd
Company Information
for the year ended 31 May 2022
Company Number
07621244 (England and Wales)
Registered Office
THE CORNER HOUSE
4 BEAUMONT ROAD
CHURCH STRETTON
Shropshire
SY6 6BN
United Kingdom
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
S A Accountancy Incorporated Ltd
Statement of financial position
as at 31 May 2022
Tangible assets
11,538
13,498
Cash at bank and in hand
19,071
26,883
Creditors: amounts falling due within one year
(12,233)
(17,463)
Net current assets
23,665
19,128
Total assets less current liabilities
35,203
32,626
Provisions for liabilities
Deferred tax
(2,192)
(2,565)
Called up share capital
2
2
Profit and loss account
33,009
30,059
Shareholders' funds
33,011
30,061
For the year ending 31 May 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 9 February 2023 and were signed on its behalf by
G A Berry
Director
Company Registration No. 07621244
S A Accountancy Incorporated Ltd
Notes to the Accounts
for the year ended 31 May 2022
S A Accountancy Incorporated Ltd is a private company, limited by shares, registered in England and Wales, registration number 07621244. The registered office is THE CORNER HOUSE, 4 BEAUMONT ROAD, CHURCH STRETTON, Shropshire, SY6 6BN, 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% per annum reducing balance
Computer equipment
15% per annum reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2021
14,090
2,360
6,746
23,196
At 31 May 2022
14,090
2,360
7,950
24,400
At 1 June 2021
4,505
1,431
3,762
9,698
Charge for the year
2,396
139
629
3,164
At 31 May 2022
6,901
1,570
4,391
12,862
At 31 May 2022
7,189
790
3,559
11,538
At 31 May 2021
9,585
929
2,984
13,498
S A Accountancy Incorporated Ltd
Notes to the Accounts
for the year ended 31 May 2022
Amounts falling due within one year
Trade debtors
16,827
9,708
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
1,436
12,500
Taxes and social security
6,647
3,463
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).
