Company Registration No. 11182973 (England and Wales)
Spick & Span (Evesham) Limited
Unaudited accounts
for the year ended 28 February 2023
Spick & Span (Evesham) Limited
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
3,281
3,308
Creditors: amounts falling due within one year
(11,683)
(8,534)
Net current assets/(liabilities)
271
(51)
Total assets less current liabilities
603
454
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
538
356
Shareholders' funds
540
358
For the year ending 28 February 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 directors acknowledge their 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 of Directors and authorised for issue on 11 April 2023 and were signed on its behalf by
Catalina Bucur
Director
Company Registration No. 11182973
Spick & Span (Evesham) Limited
Notes to the Accounts
for the year ended 28 February 2023
Spick & Span (Evesham) Limited is a private company, limited by shares, registered in England and Wales, registration number 11182973. The registered office is 10 St Catherine Road, Evesham, WR11 2GE.
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:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Spick & Span (Evesham) Limited
Notes to the Accounts
for the year ended 28 February 2023
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
10,123
7,253
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
2,230
22,392
20,500
4,122
Directors Loan Account
2,230
22,392
20,500
4,122
4,460
44,784
41,000
8,244
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).