System Clad (Specialist Works) Limited

System Clad (Specialist Works) Limited

SYSTEM CLAD (SPECIALIST WORKS) LIMITED - Company Information

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1 November 2022 false No description of principal activity Taxfiler 2024.3 3864103business:PrivateLimitedCompanyLtd2022-11-012023-10-31 38641032022-10-31 38641032022-11-012023-10-31 3864103business:AuditExemptWithAccountantsReport2022-11-012023-10-31 3864103business:AbridgedAccounts2022-11-012023-10-31 38641032023-10-31 3864103business:Director12022-11-012023-10-31 3864103business:Director22022-11-012023-10-31 3864103business:RegisteredOffice2022-11-012023-10-31 38641032022-10-31 3864103core:WithinOneYear2023-10-31 3864103core:WithinOneYear2022-10-31 3864103core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 3864103core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 3864103core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 3864103core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 3864103core:PreviouslyStatedAmount2023-10-31 3864103core:PreviouslyStatedAmount2022-10-31 3864103business:SmallEntities2022-11-012023-10-31 3864103countries:EnglandWales2022-11-012023-10-31 3864103core:MotorVehicles2022-11-012023-10-31 3864103core:FurnitureFittings2022-11-012023-10-31 38641032021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 3864103 (England and Wales)
System Clad (Specialist Works) Limited Unaudited accounts for the year ended 31 October 2023
System Clad (Specialist Works) Limited Unaudited accounts Contents
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System Clad (Specialist Works) Limited Company Information for the year ended 31 October 2023
Directors
Paul McHugh Fiona McHugh
Company Number
3864103 (England and Wales)
Registered Office
45 LADYFIELDS BROOMFIELD HERNE BAY KENT CT6 7BF ENGLAND
Accountants
Julie Thatcher Bookkeeping & Accountancy 88 Herne Bay Road Whitstable Kent CT5 2LX
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System Clad (Specialist Works) Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
5,107 
5,958 
Current assets
Debtors
75,633 
46,938 
Cash at bank and in hand
148,044 
158,531 
223,677 
205,469 
Creditors: amounts falling due within one year
(60,754)
(66,951)
Net current assets
162,923 
138,518 
Net assets
168,030 
144,476 
Capital and reserves
Called up share capital
5 
5 
Profit and loss account
168,025 
144,471 
Shareholders' funds
168,030 
144,476 
For the year ending 31 October 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 22 May 2024 and were signed on its behalf by
Paul McHugh Director Company Registration No. 3864103
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System Clad (Specialist Works) Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
System Clad (Specialist Works) Limited is a private company, limited by shares, registered in England and Wales, registration number 3864103. The registered office is 45 LADYFIELDS, BROOMFIELD, HERNE BAY, KENT, CT6 7BF, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 November 2022
9,277 
Additions
612 
At 31 October 2023
9,889 
Depreciation
At 1 November 2022
3,319 
Charge for the year
1,463 
At 31 October 2023
4,782 
Net book value
At 31 October 2023
5,107 
At 31 October 2022
5,958 
5
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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