S.A. Acc'y Limited
Statement of financial position
as at 31 October 2023
Tangible assets
230,334
234,071
Cash at bank and in hand
33,153
56,746
Creditors: amounts falling due within one year
(90,175)
(111,638)
Net current assets
26,489
50,519
Total assets less current liabilities
256,823
284,590
Creditors: amounts falling due after more than one year
(26,714)
(33,117)
Provisions for liabilities
Deferred tax
(5,291)
(5,883)
Net assets
224,818
245,590
Called up share capital
100
100
Profit and loss account
224,718
245,490
Shareholders' funds
224,818
245,590
For the year ending 31 October 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 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 February 2024 and were signed on its behalf by
G A Berry
Director
Company Registration No. 04923587
S.A. Acc'y Limited
Notes to the Accounts
for the year ended 31 October 2023
S.A. Acc'y Limited is a private company, limited by shares, registered in England and Wales, registration number 04923587. 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.
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:
Fixtures & fittings
25% per annum reducing balance
Computer equipment
12.5% per annum reducing balance
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2022
196,038
28,071
30,504
92,592
347,205
Additions
-
-
279
2,505
2,784
At 31 October 2023
196,038
28,071
30,783
95,097
349,989
At 1 November 2022
-
19,189
28,720
65,225
113,134
Charge for the year
-
2,220
567
3,734
6,521
At 31 October 2023
-
21,409
29,287
68,959
119,655
At 31 October 2023
196,038
6,662
1,496
26,138
230,334
At 31 October 2022
196,038
8,882
1,784
27,367
234,071
S.A. Acc'y Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
80,811
100,411
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
20,900
23,300
Taxes and social security
51,990
67,688
Other creditors
8,573
10,964
Loans from directors
-
8,201
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 7 (2022: 7).
