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REGISTERED NUMBER: 06203060 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

K Turvey General Builders Limited

K Turvey General Builders Limited (Registered number: 06203060)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K Turvey General Builders Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: K A Turvey





REGISTERED OFFICE: 24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ





REGISTERED NUMBER: 06203060 (England and Wales)





ACCOUNTANTS: Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ

K Turvey General Builders Limited (Registered number: 06203060)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 989 359

CURRENT ASSETS
Debtors 5 15,801 12,165
Cash at bank 6,371 19,719
22,172 31,884
CREDITORS
Amounts falling due within one year 6 11,034 12,395
NET CURRENT ASSETS 11,138 19,489
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,127

19,848

CREDITORS
Amounts falling due after more than one
year

7

(6,800

)

(9,200

)

PROVISIONS FOR LIABILITIES (188 ) (68 )
NET ASSETS 5,139 10,580

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 5,138 10,579
SHAREHOLDERS' FUNDS 5,139 10,580

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

K Turvey General Builders Limited (Registered number: 06203060)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 September 2023 and were signed by:





K A Turvey - Director


K Turvey General Builders Limited (Registered number: 06203060)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

K Turvey General Builders 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 presentation currency of the financial statements is the Pound Sterling (£).


Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

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.

Significant judgements and estimates
The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and assumptions are based on management's best knowledge of the amount, events or actions. Actual results may differ from those amounts.

Management do not consider there to be any significant judgements or estimates used in the preparation of these financial statements.

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.
Fixtures and fittings - 25% on reducing balance

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.

K Turvey General Builders Limited (Registered number: 06203060)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2022 1,925
Additions 769
At 31 March 2023 2,694
DEPRECIATION
At 1 April 2022 1,566
Charge for year 139
At 31 March 2023 1,705
NET BOOK VALUE
At 31 March 2023 989
At 31 March 2022 359

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 15,801 12,165

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 2,400 2,400
Trade creditors 30 (67 )
Taxation and social security 7,986 9,045
Other creditors 618 1,017
11,034 12,395

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Other creditors 6,800 9,200

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal - 2,000

K Turvey General Builders Limited (Registered number: 06203060)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
1 Ordinary £1 1 1

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
K A Turvey
Balance outstanding at start of year (453 ) 1,075
Amounts advanced 55,533 37,043
Amounts repaid (50,631 ) (38,571 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,449 (453 )

At the year end the director owed the company £4,449 (2022: £453). The company owed the director. This amount was repaid by way of a dividend dated 15 May 2023.

10. ULTIMATE CONTROLLING PARTY

The controlling party is K A Turvey.