Company Registration No. 5845466 (England and Wales)
Cary Construction Ltd
Unaudited accounts
for the year ended 30 September 2021
Cary Construction Ltd
Unaudited accounts
Contents
Cary Construction Ltd
Company Information
for the year ended 30 September 2021
Company Number
5845466 (England and Wales)
Cary Construction Ltd
Statement of financial position
as at 30 September 2021
Tangible assets
849,329
184,033
Investment property
189,500
-
Inventories
44,715
1,112,245
Cash at bank and in hand
565,186
6,274
Creditors: amounts falling due within one year
(748,918)
(1,508,892)
Net current (liabilities)/assets
(63,766)
154,220
Total assets less current liabilities
975,063
338,253
Creditors: amounts falling due after more than one year
(658)
(3,992)
Provisions for liabilities
Deferred tax
(34,021)
(34,021)
Net assets
940,384
300,240
Called up share capital
102
102
Profit and loss account
940,282
300,138
Shareholders' funds
940,384
300,240
For the year ending 30 September 2021 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 14 February 2022 and were signed on its behalf by
S M Beaton
Director
Company Registration No. 5845466
Cary Construction Ltd
Notes to the Accounts
for the year ended 30 September 2021
Cary Construction Ltd is a private company, limited by shares, registered in England and Wales, registration number 5845466.
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:
Plant & machinery
25% straight line method
Motor vehicles
25% reducing balance method
Fixtures & fittings
10% straight line method
Computer equipment
20% Straight line method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Cary Construction Ltd
Notes to the Accounts
for the year ended 30 September 2021
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 October 2020
5,501
302,918
83,775
11,769
3,767
407,730
Additions
702,084
4,650
13,671
-
2,398
722,803
At 30 September 2021
707,585
307,568
97,446
11,769
6,165
1,130,533
At 1 October 2020
-
157,784
53,226
10,181
2,506
223,697
Charge for the year
-
40,596
15,839
482
590
57,507
At 30 September 2021
-
198,380
69,065
10,663
3,096
281,204
At 30 September 2021
707,585
109,188
28,381
1,106
3,069
849,329
At 30 September 2020
5,501
145,134
30,549
1,588
1,261
184,033
At 30 September 2021
189,500
6
Debtors: amounts falling due within one year
2021
2020
Other debtors
59,270
513,206
7
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
233,313
848,268
Obligations under finance leases and hire purchase contracts
3,333
3,333
Trade creditors
23,130
55,140
Taxes and social security
222,043
74,882
Loans from directors
233,791
161,268
8
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
658
3,992
Cary Construction Ltd
Notes to the Accounts
for the year ended 30 September 2021
9
Average number of employees
During the year the average number of employees was 1 (2020: 1).