Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22022-04-01falsegeneral builders and contractorstruetrue 12429897 2022-04-01 2023-03-31 12429897 2021-04-01 2022-03-31 12429897 2023-03-31 12429897 2022-03-31 12429897 1 2022-04-01 2023-03-31 12429897 d:Director1 2022-04-01 2023-03-31 12429897 c:CurrentFinancialInstruments 2023-03-31 12429897 c:CurrentFinancialInstruments 2022-03-31 12429897 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 12429897 c:CurrentFinancialInstruments c:WithinOneYear 2022-03-31 12429897 c:ShareCapital 2023-03-31 12429897 c:ShareCapital 2022-03-31 12429897 c:RetainedEarningsAccumulatedLosses 2023-03-31 12429897 c:RetainedEarningsAccumulatedLosses 2022-03-31 12429897 d:OrdinaryShareClass1 2022-04-01 2023-03-31 12429897 d:OrdinaryShareClass1 2023-03-31 12429897 d:OrdinaryShareClass1 2022-03-31 12429897 d:FRS102 2022-04-01 2023-03-31 12429897 d:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 12429897 d:FullAccounts 2022-04-01 2023-03-31 12429897 d:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 12429897 2 2022-04-01 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure



Company Registration No. 12429897 (England and Wales)





LV BUILDING CONTRACTORS LIMITED

UNAUDITED
DIRECTORS' REPORT AND FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MARCH 2023




































Riordan O'Sullivan & Co
Chartered Certified Accountants
40 Chamberlayne Road
London
NW10 3JE

 
LV BUILDING CONTRACTORS LIMITED
REGISTERED NUMBER:12429897

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors
 4 
24,380
10,047

Cash at bank and in hand
  
11,406
23,466

  
35,786
33,513

Creditors: amounts falling due within one year
 5 
(33,516)
(32,325)

Net current assets
  
 
 
2,270
 
 
1,188

Total assets less current liabilities
  
2,270
1,188

  

Net assets
  
2,270
1,188


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
2,170
1,088

  
2,270
1,188


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 September 2023.




___________________________
Niall Finn
Director

Page 1

 
LV BUILDING CONTRACTORS LIMITED
REGISTERED NUMBER:12429897
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
LV BUILDING CONTRACTORS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

L V Building Contractors Limited is a private company,limited by shares, incorporated in England and
Wales. The registered office is 40 Chamberlayne Road, London, NW10 3JE.  

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements. 

 
2.3

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year,exclusive of Value Added Tax.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 3

 
LV BUILDING CONTRACTORS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Debtors

2023
2022
£
£


Trade debtors
13,962
-

Other debtors
10,418
10,047

24,380
10,047



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
2,072
205

Trade creditors
864
864

Corporation tax
17,963
17,532

Other taxation and social security
8,617
11,224

Accruals
4,000
2,500

33,516
32,325



6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



7.


Reserves

2023
2022
£
£


Reserve b/fwd
1,088
2,194

Profit for the year
76,082
74,894

Dividend
(75,000)
(76,000)

2,170
1,088

Page 4

 
LV BUILDING CONTRACTORS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

8.


Post balance sheet events

There were no events after the year end which materially affected the company.


9.


Controlling party

The directors, Niall Finn and Mathew Tipper jointly have controlling interest by virtue of their shareholdings. 

 
Page 5