Company Registration No. 06524334 (England and Wales)
Stopped Clock Ltd
Unaudited accounts
for the year ended 31 December 2022
Stopped Clock Ltd
Unaudited accounts
Contents
Stopped Clock Ltd
Company Information
for the year ended 31 December 2022
Company Number
06524334 (England and Wales)
Registered Office
15 PRESTON PARK AVENUE
BRIGHTON
BN1 6HH
ENGLAND
Accountants
GMDT Business Services Ltd
26 Bracken Close
Branton
DONCASTER
S Yorkshire
DN3 3UL
Stopped Clock Ltd
Statement of financial position
as at 31 December 2022
Tangible assets
15,225
18,445
Cash at bank and in hand
52,455
160,242
Creditors: amounts falling due within one year
(189,846)
(216,596)
Net current assets
66,528
65,496
Total assets less current liabilities
81,753
83,941
Creditors: amounts falling due after more than one year
(29,200)
(49,200)
Called up share capital
2
2
Profit and loss account
52,551
34,739
Shareholders' funds
52,553
34,741
For the year ending 31 December 2022 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 director acknowledges his 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 and authorised for issue on 28 September 2023 and were signed on its behalf by
C St John
Director
Company Registration No. 06524334
Stopped Clock Ltd
Notes to the Accounts
for the year ended 31 December 2022
Stopped Clock Ltd is a private company, limited by shares, registered in England and Wales, registration number 06524334. The registered office is 15 PRESTON PARK AVENUE, BRIGHTON, BN1 6HH, 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
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2022
48,716
33,250
7,782
2,203
91,951
At 31 December 2022
48,716
33,250
7,782
2,852
92,600
At 1 January 2022
30,781
33,250
7,319
2,156
73,506
Charge for the year
3,472
-
381
16
3,869
At 31 December 2022
34,253
33,250
7,700
2,172
77,375
At 31 December 2022
14,463
-
82
680
15,225
At 31 December 2021
17,935
-
463
47
18,445
Stopped Clock Ltd
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Amounts due from group undertakings etc.
200,712
119,486
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,000
-
Trade creditors
1,644
6,650
Taxes and social security
35,698
33,944
Other creditors
20,511
9,980
Loans from directors
119,848
153,754
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 21 (2021: 21).
