Support Products & Services Ltd
Support Products & Services Ltd
Registered number: 11474837
Unaudited Financial Statements
For the Period 20 July 2018 to 31 July 2019
James Knowles & Co
Chartered Certified Accountants
20 Dickson Road
Blackpool
FY1 2AE
Support Products & Services Ltd
Unaudited Financial Statements
For the Period 20 July 2018 to 31 July 2019
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Company Information | 1 |
| Balance Sheet | 2—3 |
| Notes to the Financial Statements | 4—6 |
Support Products & Services Ltd
Company Information
For the Period 20 July 2018 to 31 July 2019
Company Information
| Director |
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| Company Number |
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| Registered Office | 20 Dickson Road |
| Blackpool | |
| FY1 2AE | |
| Accountants |
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| Chartered Certified Accountants | |
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| Blackpool | |
| FY1 2AE | |
Page 1
Support Products & Services Ltd
Balance Sheet
As at
31 July 2019
Balance Sheet
Registered number:
11474837
For the period ending 31 July 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 31 July 2019 | |||
|---|---|---|---|
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible Assets | 3 |
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| CURRENT ASSETS | |||
| Stocks | 4 |
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| Debtors | 5 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 6 |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||
| Called up share capital | 7 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 1,810 | ||
Page 2
Support Products & Services Ltd
Balance Sheet (continued)
As at
31 July 2019
Director's responsibilities
-
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges her 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. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on pages 4 to 6 form part of these financial statements.
Page 3
Support Products & Services Ltd
Notes to the Financial Statements
For the Period 20 July 2018 to 31 July 2019
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes where applicable.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Computer Equipment |
|
1.4.
Stocks and Work in Progress
Work in progress is valued at the lower of cost and net realisable value. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
1.5.
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account , 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.
Page 4
Support Products & Services Ltd
Notes to the Financial Statements (continued)
For the Period 20 July 2018 to 31 July 2019
1.6.
Pensions
The company made contributions to pension schemes. Contributions payable to the pension schemes are charged to profit or loss in the period to which they relate.
2.
Average Number of Employees
Average number of employees, including directors, during the year was: 4
3.
Tangible Assets
| Computer Equipment | |
|---|---|
| £ | |
| Cost | |
| As at |
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| Additions |
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| As at |
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| Depreciation | |
| As at |
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| Provided during the period |
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| As at |
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| Net Book Value | |
| As at |
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| As at |
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4.
Stocks
| 31 July 2019 | |
|---|---|
| £ | |
| Stock - work in progress |
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Page 5
Support Products & Services Ltd
Notes to the Financial Statements (continued)
For the Period 20 July 2018 to 31 July 2019
5.
Debtors
| 31 July 2019 | |
|---|---|
| £ | |
| Due within one year | |
| Prepayments and accrued income |
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6.
Creditors: Amounts Falling Due Within One Year
| 31 July 2019 | |
|---|---|
| £ | |
| Other creditors | 3,679 |
| Taxation and social security | 1,014 |
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8.
Directors Advances, Credits and Guarantees
Dividends paid to directors
| 31 July 2019 | |
|---|---|
| £ | |
| Mrs Edwina Culshaw | 2,000 |
9.
General Information
Support Products & Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11474837 . The registered office is 20 Dickson Road, Blackpool, FY1 2AE.
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