S T Windows & Home Improvements Limited,Ltd - AccountsLtd - Accounts

S T Windows & Home Improvements Limited,Ltd - AccountsLtd - Accounts

S T WINDOWS & HOME IMPROVEMENTS LIMITED - Company Information

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2020-02-01 06794893 2021-01-31 06794893 2020-02-01 2021-01-31 06794893 2020-01-31 06794893 2019-02-01 2020-01-31 06794893 uk-core:WithinOneYear 2020-01-31 06794893 uk-core:WithinOneYear 2021-01-31 06794893 uk-core:AfterOneYear 2020-01-31 06794893 uk-core:AfterOneYear 2021-01-31 06794893 uk-core:ShareCapital 2021-01-31 06794893 uk-core:ShareCapital 2020-01-31 06794893 uk-core:RetainedEarningsAccumulatedLosses 2021-01-31 06794893 uk-core:RetainedEarningsAccumulatedLosses 2020-01-31 06794893 uk-bus:Director1 2020-02-01 2021-01-31 06794893 uk-core:PlantMachinery 2020-02-01 2021-01-31 06794893 uk-core:ComputerEquipment 2020-02-01 2021-01-31 06794893 uk-core:CommercialMotorVehicles 2020-02-01 2021-01-31 06794893 uk-core:FurnitureFittings uk-core:OwnedOrFreeholdAssets 2020-02-01 2021-01-31 06794893 uk-core:ComputerEquipment 2020-01-31 06794893 uk-core:FurnitureFittings uk-core:OwnedOrFreeholdAssets 2020-01-31 06794893 uk-core:CommercialMotorVehicles 2020-01-31 06794893 uk-core:PlantMachinery 2020-01-31 06794893 uk-core:CommercialMotorVehicles 2021-01-31 06794893 uk-core:FurnitureFittings uk-core:OwnedOrFreeholdAssets 2021-01-31 06794893 uk-core:ComputerEquipment 2021-01-31 06794893 uk-core:PlantMachinery 2021-01-31 06794893 uk-core:WithinOneYear uk-core:Secured 2021-01-31 06794893 uk-core:WithinOneYear uk-core:Secured 2020-01-31 06794893 uk-core:WithinOneYear 2020-02-01 2021-01-31 iso4217:GBP xbrli:pure 06794893 uk-bus:AuditExemptWithAccountantsReport 2020-02-01 2021-01-31 06794893 uk-bus:FRS102 2020-02-01 2021-01-31 06794893 uk-bus:FullAccounts 2020-02-01 2021-01-31 06794893 uk-bus:PrivateLimitedCompanyLtd 2020-02-01 2021-01-31
S T Windows & Home Improvements Limited
Registered Number:06794893
For the year ended 31 January 2021
England and Wales
Unaudited Financial Statements
2
Registered Number :
06794893
As at 31 January 2021
S T Windows & Home Improvements Limited
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
5,267
7,045
2
5,267
7,045
Current assets
Trade and other receivables
20,577
20,287
3
18,762
Cash and cash equivalents
74,104
94,391
39,339
Trade and other payables: amounts falling due within one
year
(40,469)
(42,673)
4
(1,130)
51,718
Net current assets
Total assets less current liabilities
56,985
5,915
Trade and other payables: amounts falling due after more
than one year
-
(49,418)
-
(11)
Provisions for liabilities
7,567
Net assets
5,904
Capital and reserves
Called up share capital
100
100
Retained earnings
7,467
5,804
7,567
5,904
Shareholders' funds
For the year ended 31 January 2021 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 of its financial statements for the year ended 31 January 2021 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Steven Timmins Director
These financial statements were approved and authorised for issue by the Board on 11 May 2021 and were signed by:
The notes form part of these financial statements
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For the year ended 31 January 2021
S T Windows & Home Improvements Limited
Notes to the Financial Statements
Statutory Information
S T Windows & Home Improvements Limited is a private limited company, limited by shares, domiciled in England
and Wales, registration number 06794893.
Registered address:
87 Amberley Gardens
Epsom
Surrey
England
KT19 0NQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', including the disclosure and
presentation requirements of Section 1A, and the Companies Act 2006. These financial statements have been
prepared under the historical cost convention.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25 Reducing balance
25 Reducing balance
Computer equipment
25 Reducing balance
Motor vehicles
25 Straight line
Fixtures and fittings
Government grants
Government grants are credited to the income and expenditure account as the related expenditure is incurred.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Pension costs and other post-retirement benefits
The company contributes to a defined contribution pension scheme for the benefit of its directors and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
Going concern
The business has been affected by the Covid-19 pandemic and the director has claimed the Government suppport
available to assist with cashflow. The director is satisfied that the company is in a position to meet its liabilities as
they fall due for the foreseeable future and that the going concern basis of accounting is appropriate.
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For the year ended 31 January 2021
S T Windows & Home Improvements Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
£
Cost or
valuation
At 01 February 2020
29,104
3,040
92
24,622
1,350
At 31 January 2021
24,622
92
3,040
29,104
1,350
Provision for depreciation and impairment
At 01 February 2020
22,059
2,761
69
18,306
923
Charge for year
1,778
69
23
1,579
107
At 31 January 2021
23,837
2,830
92
19,885
1,030
At 31 January 2021
Net book value
320
4,737
-
210
5,267
At 31 January 2020
427
6,316
23
279
7,045
3. Trade and other receivables
2020
2021
£
£
Trade debtors
16,169
12,567
Other debtors
4,118
8,010
20,577
20,287
4. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Bank loans and overdraft (secured)
582
-
Trade creditors
4,899
5,011
Taxation and social security
10,204
14,392
Other creditors
26,988
21,066
42,673
40,469
The company received a Bounce Back Loan of £50,000 repayable over 6 years with an APR of 2.5% per annum. The first 12 months interest is being met by the UK Government and repayments start on 10 November 2021.
5. Average number of persons employed
During the year the average number of employees was 3 (2020 : 3).
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