S & S Site Services (Nationwide) Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 04753338 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2022

FOR

S & S SITE SERVICES (NATIONWIDE) LIMITED

Page

Company Information

1

Chartered Certified Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

D P Garvey

REGISTERED OFFICE:

Unit 51

Kelleythorpe Industrial Estate

Driffield

East Yorkshire

YO25 9DJ

REGISTERED NUMBER:

04753338 (England and Wales)

ACCOUNTANTS:

Bradbury & Co

Chartered Tax Advisers and Accountants

Driffield

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of S & S Site Services (Nationwide) Limited for the year ended 30 June 2022 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of S & S Site Services (Nationwide) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of S & S Site Services (Nationwide) Limited and state those matters that we have agreed to state to the director of S & S Site Services (Nationwide) Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that S & S Site Services (Nationwide) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of S & S Site Services (Nationwide) Limited. You consider that S & S Site Services (Nationwide) Limited 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 financial statements of S & S Site Services (Nationwide) Limited. 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 financial statements.

Bradbury & Co

Chartered Tax Advisers and Accountants

Driffield

Date: .............................................

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

244,855

247,969

244,855

247,969

CURRENT ASSETS

Stocks

50,427

65,840

Debtors

6

341,916

200,111

Cash at bank and in hand

75,162

112,874

467,505

378,825

CREDITORS

Amounts falling due within one year

7

(155,489

)

(105,338

)

NET CURRENT ASSETS

312,016

273,487

TOTAL ASSETS LESS CURRENT LIABILITIES

556,871

521,456

PROVISIONS FOR LIABILITIES

(19,200

)

(18,300

)

NET ASSETS

537,671

503,156

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

537,571

503,056

SHAREHOLDERS' FUNDS

537,671

503,156

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 March 2023 and were signed by:

D P Garvey - Director

1.	STATUTORY INFORMATION

S & S Site Services (Nationwide) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of seven years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2021 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2021

and 30 June 2022

49,000

AMORTISATION

At 1 July 2021

and 30 June 2022

49,000

NET BOOK VALUE

At 30 June 2022

-

At 30 June 2021

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 July 2021

178,000

161,449

339,449

Additions

-

33,573

33,573

At 30 June 2022

178,000

195,022

373,022

DEPRECIATION

At 1 July 2021

26,772

64,708

91,480

Charge for year

7,561

29,126

36,687

At 30 June 2022

34,333

93,834

128,167

NET BOOK VALUE

At 30 June 2022

143,667

101,188

244,855

At 30 June 2021

151,228

96,741

247,969

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

229,184

152,893

Other debtors

112,732

47,218

341,916

200,111

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

65,769

22,796

Taxation and social security

53,380

68,727

Other creditors

36,340

13,815

155,489

105,338

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2022 and 30 June 2021:

2022

2021

£

£

R S Garvey

Balance outstanding at start of year

13,211

(11,789

)

Amounts advanced

-

25,000

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

13,211

13,211