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REGISTERED NUMBER: 01060380 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2022

for

C.L.S. Demolition Limited

C.L.S. Demolition Limited (Registered number: 01060380)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


C.L.S. Demolition Limited

Company Information
for the Year Ended 31 March 2022







DIRECTORS: C L Salmon
P G Burnett





SECRETARY: Mrs K M Salmon





REGISTERED OFFICE: Atherton Way
Brigg
North Lincolnshire
DN20 8AR





REGISTERED NUMBER: 01060380 (England and Wales)

C.L.S. Demolition Limited (Registered number: 01060380)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 84,447 160,800

CURRENT ASSETS
Stocks 5 16,779 16,660
Debtors 6 301,677 797,151
Cash at bank and in hand 953,885 2,015,216
1,272,341 2,829,027
CREDITORS
Amounts falling due within one year 7 278,526 757,728
NET CURRENT ASSETS 993,815 2,071,299
TOTAL ASSETS LESS CURRENT LIABILITIES 1,078,262 2,232,099

PROVISIONS FOR LIABILITIES 8 16,045 30,552
NET ASSETS 1,062,217 2,201,547

CAPITAL AND RESERVES
Called up share capital 9 671 671
Capital redemption reserve 1,334 1,334
Retained earnings 1,060,212 2,199,542
SHAREHOLDERS' FUNDS 1,062,217 2,201,547

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 July 2022 and were signed on its behalf by:





C L Salmon - Director


C.L.S. Demolition Limited (Registered number: 01060380)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

C.L.S. Demolition Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about C.L.S. Demolition Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Motor vehicles - 25% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

C.L.S. Demolition Limited (Registered number: 01060380)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2021 - 21 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2021
and 31 March 2022 596,256 17,157 613,413
DEPRECIATION
At 1 April 2021 435,813 16,800 452,613
Charge for year 75,996 357 76,353
At 31 March 2022 511,809 17,157 528,966
NET BOOK VALUE
At 31 March 2022 84,447 - 84,447
At 31 March 2021 160,443 357 160,800

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 April 2021 155,500
Transfer to ownership (155,500 )
At 31 March 2022 -
DEPRECIATION
At 1 April 2021 88,117
Charge for year 5,183
Transfer to ownership (93,300 )
At 31 March 2022 -
NET BOOK VALUE
At 31 March 2022 -
At 31 March 2021 67,383

5. STOCKS
31.3.22 31.3.21
£    £   
Stocks 8,000 -
Work-in-progress 8,779 16,660
16,779 16,660

C.L.S. Demolition Limited (Registered number: 01060380)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 247,929 784,624
Other debtors 53,748 12,527
301,677 797,151

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Hire purchase contracts - 9,371
Trade creditors 160,123 687,063
Taxation and social security 84,654 49,052
Other creditors 33,749 12,242
278,526 757,728

8. PROVISIONS FOR LIABILITIES
31.3.22 31.3.21
£    £   
Deferred tax 16,045 30,552

Deferred
tax
£   
Balance at 1 April 2021 30,552
Credit to Income Statement during year (14,507 )
Balance at 31 March 2022 16,045

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
100 Ordinary £1 666 666
1 Ordinary A £1 1 1
1 Ordinary B £1 1 1
1 Ordinary C £1 1 1
1 Ordinary D £1 1 1
1 Ordinary E £1 1 1
671 671

10. ULTIMATE CONTROLLING PARTY

The ultimate parent company and controlling party is C L Salmon Holdings Limited, a company incorporated in England and Wales.

11. GOVERNMENT GRANTS

During the period, the company received the following grants in relation to the covid 19 pandemic:

Coronavirus Job Retention Scheme £3,819 (2021 : £91,594)

The grants are unconditional and have been accounted for on an accruals basis.