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

Print Friendly Version

2022-02-01 06794893 2023-01-31 06794893 2022-02-01 2023-01-31 06794893 2022-01-31 06794893 2021-02-01 2022-01-31 06794893 uk-core:WithinOneYear 2022-01-31 06794893 uk-core:WithinOneYear 2023-01-31 06794893 uk-core:AfterOneYear 2022-01-31 06794893 uk-core:AfterOneYear 2023-01-31 06794893 uk-core:ShareCapital 2023-01-31 06794893 uk-core:ShareCapital 2022-01-31 06794893 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 06794893 uk-core:RetainedEarningsAccumulatedLosses 2022-01-31 06794893 uk-bus:Director1 2022-02-01 2023-01-31 06794893 uk-core:PlantMachinery 2022-02-01 2023-01-31 06794893 uk-core:ComputerEquipment 2022-02-01 2023-01-31 06794893 uk-core:CommercialMotorVehicles 2022-02-01 2023-01-31 06794893 uk-core:FurnitureFittings uk-core:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 06794893 uk-core:ComputerEquipment 2022-01-31 06794893 uk-core:FurnitureFittings uk-core:OwnedOrFreeholdAssets 2022-01-31 06794893 uk-core:CommercialMotorVehicles 2022-01-31 06794893 uk-core:PlantMachinery 2022-01-31 06794893 uk-core:CommercialMotorVehicles 2023-01-31 06794893 uk-core:FurnitureFittings uk-core:OwnedOrFreeholdAssets 2023-01-31 06794893 uk-core:ComputerEquipment 2023-01-31 06794893 uk-core:PlantMachinery 2023-01-31 06794893 uk-core:WithinOneYear uk-core:Secured 2023-01-31 06794893 uk-core:WithinOneYear uk-core:Secured 2022-01-31 06794893 uk-core:WithinOneYear 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure 06794893 uk-bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 06794893 uk-bus:FRS102 2022-02-01 2023-01-31 06794893 uk-bus:FullAccounts 2022-02-01 2023-01-31 06794893 uk-bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31
S T Windows & Home Improvements Limited
Registered Number:06794893
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
06794893
As at 31 January 2023
S T Windows & Home Improvements Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
20,435
4,400
2
20,435
4,400
Current assets
Trade and other receivables
32,467
22,958
3
51,579
Cash and cash equivalents
16,074
39,032
84,046
Trade and other payables: amounts falling due within one
year
(48,815)
(30,045)
4
35,231
8,987
Net current assets
Total assets less current liabilities
29,422
39,631
Trade and other payables: amounts falling due after more
than one year
(39,406)
(29,199)
5
223
Net assets
225
Capital and reserves
Called up share capital
100
100
Retained earnings
123
125
223
225
Shareholders' funds
For the year ended 31 January 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 of its financial statements for the year ended 31 January 2023 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 17 April 2023 and were signed by:
The notes form part of these financial statements
1 of 4
3
For the year ended 31 January 2023
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:
4 Tollers Cottage
Tollers Lane
Old Coulsdon
Surrey
CR5 1BD
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 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.
2 of 4
4
For the year ended 31 January 2023
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 2022
27,005
941
92
24,622
1,350
24,149
-
25
24,124
-
Additions
-
-
(5,978)
(1,350)
Disposals
(7,328)
At 31 January 2023
42,768
117
941
43,826
-
Provision for depreciation and impairment
At 01 February 2022
22,605
333
92
21,070
1,110
Charge for year
6,811
152
6
6,653
-
(6,025)
-
-
(4,915)
(1,110)
On disposal
At 31 January 2023
23,391
485
98
22,808
-
At 31 January 2023
Net book value
-
19,960
19
456
20,435
At 31 January 2022
240
3,552
-
608
4,400
3. Trade and other receivables
2022
2023
£
£
Trade debtors
15,207
26,867
Other debtors
7,751
5,600
32,467
22,958
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
10,203
9,987
Trade creditors
2,553
1,861
Taxation and social security
3,876
6,490
Other creditors
13,413
30,477
30,045
48,815
In October 2020 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 was met by the UK Government and repayments started in November 2021.
3 of 4
5
For the year ended 31 January 2023
S T Windows & Home Improvements Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft (secured)
29,199
39,406
6. Directors advances and guarantees
During the year the company advanced £7,751 (2022 - £nil) to the director. The amount outstanding at 31 January
2023 was £7,751 (2022 - £nil) and is included within other debtors. The loan was repaid in full on 31 March 2023.
7. Average number of persons employed
During the year the average number of employees was 3 (2022 : 3).
4 of 4