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REGISTERED NUMBER: 08856758 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

A T PLASTERING & BUILDING LIMITED

A T PLASTERING & BUILDING LIMITED (REGISTERED NUMBER: 08856758)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A T PLASTERING & BUILDING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTOR: A Mansfield





REGISTERED OFFICE: 45 Queen Street
Deal
Kent
CT14 6EY





REGISTERED NUMBER: 08856758 (England and Wales)






A T PLASTERING & BUILDING LIMITED (REGISTERED NUMBER: 08856758)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 44,295 129,019

CURRENT ASSETS
Stocks 35,122 49,027
Debtors 5 137,549 115,758
Cash at bank and in hand 27 3,716
172,698 168,501
CREDITORS
Amounts falling due within one year 6 201,468 246,963
NET CURRENT LIABILITIES (28,770 ) (78,462 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,525

50,557

CREDITORS
Amounts falling due after more than one
year

7

(33,590

)

(68,207

)

PROVISIONS FOR LIABILITIES 8 (8,098 ) (24,514 )
NET LIABILITIES (26,163 ) (42,164 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (26,263 ) (42,264 )
SHAREHOLDERS' FUNDS (26,163 ) (42,164 )

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

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

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.

A T PLASTERING & BUILDING LIMITED (REGISTERED NUMBER: 08856758)

BALANCE SHEET - continued
31 JANUARY 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 October 2023 and were signed by:





A Mansfield - Director


A T PLASTERING & BUILDING LIMITED (REGISTERED NUMBER: 08856758)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

A T Plastering & Building 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.

The financial statements are presented in round pounds £ sterling.

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.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

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 - 20% on reducing balance
Computer equipment - 33% on cost

Stocks
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 Statement of Income and Retained Earnings, 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

A T PLASTERING & BUILDING LIMITED (REGISTERED NUMBER: 08856758)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

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 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 February 2022 477 31,363 2,091
Disposals - - -
At 31 January 2023 477 31,363 2,091
DEPRECIATION
At 1 February 2022 48 22,183 726
Charge for year 96 2,019 298
Eliminated on disposal - - -
At 31 January 2023 144 24,202 1,024
NET BOOK VALUE
At 31 January 2023 333 7,161 1,067
At 31 January 2022 429 9,180 1,365

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2022 63,062 90,036 187,029
Disposals (59,112 ) - (59,112 )
At 31 January 2023 3,950 90,036 127,917
DEPRECIATION
At 1 February 2022 8,061 26,992 58,010
Charge for year 6,324 28,697 37,434
Eliminated on disposal (11,822 ) - (11,822 )
At 31 January 2023 2,563 55,689 83,622
NET BOOK VALUE
At 31 January 2023 1,387 34,347 44,295
At 31 January 2022 55,001 63,044 129,019

A T PLASTERING & BUILDING LIMITED (REGISTERED NUMBER: 08856758)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,324 25,017
Other debtors 10,062 7,230
Directors' current accounts 67,004 19,036
Tax 43,106 39,606
VAT 15,053 24,769
Prepayments - 100
137,549 115,758

The directors loan account was repaid within nine months of the year end.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 29,319 32,404
Hire purchase contracts - 9,174
Trade creditors 38,594 51,883
Tax 19,996 -
Social security and other taxes 78,486 60,571
Other creditors 245 293
Credit card 3,299 -
Rectification provision 10,000 30,000
Accrued expenses 21,529 62,638
201,468 246,963

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 8,333 8,333
Bank loans - 2-5 years 25,000 25,000
Bank loans more 5 yr by instal 257 2,001
Hire purchase contracts - 32,873
33,590 68,207

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 257 2,001

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 8,098 24,514

A T PLASTERING & BUILDING LIMITED (REGISTERED NUMBER: 08856758)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 February 2022 24,514
Provided during year (16,416 )
Balance at 31 January 2023 8,098

Deferred Tax has been provided in respect of accelerated capital allowances.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100