Company Registration No. 3864103 (England and Wales)
System Clad (Specialist Works) Limited
Unaudited accounts
for the year ended 31 October 2021
System Clad (Specialist Works) Limited
Unaudited accounts
Contents
System Clad (Specialist Works) Limited
Company Information
for the year ended 31 October 2021
Directors
Paul McHugh
Fiona McHugh
Company Number
3864103 (England and Wales)
Registered Office
45 LADYFIELDS
BROOMFIELD
HERNE BAY
KENT
CT6 7BF
ENGLAND
Accountants
Julie Thatcher Bookkeeping & Accountancy
88 Herne Bay Road
Whitstable
Kent
CT5 2LX
System Clad (Specialist Works) Limited
Statement of financial position
as at 31 October 2021
Tangible assets
1,384
2,562
Cash at bank and in hand
165,201
119,803
Creditors: amounts falling due within one year
(79,607)
(43,516)
Net current assets
127,498
115,003
Net assets
128,882
117,565
Called up share capital
5
5
Profit and loss account
128,877
117,560
Shareholders' funds
128,882
117,565
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 4 July 2022 and were signed on its behalf by
Paul McHugh
Director
Company Registration No. 3864103
System Clad (Specialist Works) Limited
Notes to the Accounts
for the year ended 31 October 2021
System Clad (Specialist Works) Limited is a private company, limited by shares, registered in England and Wales, registration number 3864103. The registered office is 45 LADYFIELDS, BROOMFIELD, HERNE BAY, KENT, CT6 7BF, ENGLAND.
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:
4
Tangible fixed assets
Total
Charge for the year
(6,471)
5
Average number of employees
During the year the average number of employees was 5 (2020: 5).
