Surveying Technology Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 02426133

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

SURVEYING TECHNOLOGY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K D Pearce

L A Pearce

REGISTERED OFFICE:

Oaklands Farm

Coltstaple Lane

Horsham

West Sussex

RH13 9BB

REGISTERED NUMBER:

02426133

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Tangible assets

5

8

8

Investments

6

100

100

108

108

CURRENT ASSETS

Stocks

134,538

134,538

Debtors

7

42,403

44,721

Cash at bank

22

433

176,963

179,692

CREDITORS

Amounts falling due within one year

8

(346,832

)

(348,434

)

NET CURRENT LIABILITIES

(169,869

)

(168,742

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(169,761

)

(168,634

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

(169,861

)

(168,734

)

SHAREHOLDERS' FUNDS

(169,761

)

(168,634

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 March 2024 and were signed on its behalf by:

K D Pearce - Director

1.	STATUTORY INFORMATION

Surveying Technology Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

As detailed within the report of the directors the company has ceased trading and the company is to close. The financial statements have therefore been prepared using an basis other than the going concern basis , where appropriate, writing down the company's assets to net realisable value. Provisions where necessary for any contractual commitments that have become onerous at the balance sheet date. The financial statements do not include any provision for future costs of terminating the business of the company except to the extent that such costs were committed at the balance sheet date.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Preparation of consolidated financial statements

The financial statements contain information about Surveying Technology Limited as an individual company and do not contain consolidated financial information as the parent of the group. The company has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2022

and 31 March 2023

33,713

DEPRECIATION

At 1 April 2022

and 31 March 2023

33,705

NET BOOK VALUE

At 31 March 2023

8

At 31 March 2022

8

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2022

and 31 March 2023

100

NET BOOK VALUE

At 31 March 2023

100

At 31 March 2022

100

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Amounts owed by group undertakings

42,403

41,623

Other debtors

-

3,098

42,403

44,721

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

1,040

1,560

Taxation and social security

-

683

Other creditors

345,792

346,191

346,832

348,434

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

100

Ordinary Shares

£1

100

100