Academy Construction Ltd |
Notes to the Accounts |
for the year ended 31 March 2023 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Plant and machinery |
20% reducing balance |
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2 |
Employees |
2023 |
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2022 |
Number |
Number |
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Average number of persons employed by the company |
3 |
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3 |
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3 |
Tangible fixed assets |
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Motor vehicles |
£ |
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Cost |
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At 1 April 2022 |
28,196 |
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At 31 March 2023 |
28,196 |
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Depreciation |
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At 1 April 2022 |
12,883 |
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Charge for the year |
3,063 |
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At 31 March 2023 |
15,946 |
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Net book value |
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At 31 March 2023 |
12,250 |
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At 31 March 2022 |
15,313 |
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4 |
Creditors: amounts falling due within one year |
2023 |
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2022 |
£ |
£ |
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Other taxes and social security costs |
1,022 |
|
1,146 |
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Other creditors |
28,023 |
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28,023 |
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29,045 |
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29,169 |
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5 |
Other information |
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Academy Construction Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
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34 Selby Lane |
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Harthill |
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Sheffield |
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South Yorkshire |
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S26 7YE |