Site-serv (Midlands) Limited - Accounts to registrar (filleted) - small 23.2.5
Site-serv (Midlands) Limited - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JANUARY 2024 |
| FOR |
| SITE-SERV (MIDLANDS) LIMITED |
| SITE-SERV (MIDLANDS) LIMITED (REGISTERED NUMBER: 04419203) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JANUARY 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| SITE-SERV (MIDLANDS) LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST JANUARY 2024 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Aspen Marketing Limited |
| Chartered Certified Accountants |
| Rubis House |
| 15 Friarn Street |
| Bridgwater |
| Somerset |
| TA6 3LH |
| SITE-SERV (MIDLANDS) LIMITED (REGISTERED NUMBER: 04419203) |
| BALANCE SHEET |
| 31ST JANUARY 2024 |
| 31/1/24 | 31/1/23 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| ( |
) | ( |
) |
| The director acknowledges his 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. |
| SITE-SERV (MIDLANDS) LIMITED (REGISTERED NUMBER: 04419203) |
| BALANCE SHEET - continued |
| 31ST JANUARY 2024 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved and authorised for issue by the director and authorised for issue on |
| SITE-SERV (MIDLANDS) LIMITED (REGISTERED NUMBER: 04419203) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JANUARY 2024 |
| 1. | STATUTORY INFORMATION |
| Site-serv (Midlands) Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| BASIS OF PREPARING THE FINANCIAL STATEMENTS |
| TURNOVER |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| TANGIBLE FIXED ASSETS |
| TAXATION |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| DEFERRED TAX |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| LAND REMEDIATION |
| Land remediation costs are disclosed in the accounts in the year that they are incurred. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2023 - NIL). |
| SITE-SERV (MIDLANDS) LIMITED (REGISTERED NUMBER: 04419203) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST JANUARY 2024 |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold |
| property |
| £ |
| COST |
| At 1st February 2023 |
| Additions |
| At 31st January 2024 |
| DEPRECIATION |
| At 1st February 2023 |
| Charge for year |
| At 31st January 2024 |
| NET BOOK VALUE |
| At 31st January 2024 |
| At 31st January 2023 |
| Depreciation is provided in order to write off an asset over its estimated useful life. On this basis the Land has not been depreciated. |
| The Company continued to improve its land by virtue of a land remediation scheme. During the year the Company transferred some of its land into stock to generate some trading revenue. |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/1/24 | 31/1/23 |
| £ | £ |
| Amounts owed by group undertakings |
| Other debtors |
| Tax |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/1/24 | 31/1/23 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Amounts owed to group undertakings |
| Other creditors |
| Accruals and deferred income |
| SITE-SERV (MIDLANDS) LIMITED (REGISTERED NUMBER: 04419203) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST JANUARY 2024 |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31/1/24 | 31/1/23 |
| £ | £ |
| Amounts owed to group undertakings |
| Directors loan account |
| Bounce Back loan | 33,616 | 41,881 |
| The director, N E F England, has no intentions to demand repayment of his loan account in the foreseeable future. |