Registered number: 11891005 | ||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||
Prepared By: | ||||||||
McMillan Rose & Co Ltd | ||||||||
Chartered Certified Accountants | ||||||||
Haltgate House | ||||||||
52A Hullbridge Road | ||||||||
South Woodham Ferrers | ||||||||
Essex | ||||||||
CM3 5NH |
THE ANCHORAGE BUILDING COMPANY LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Essex | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 11891005 | ||||||||
ACCOUNTANTS | ||||||||
McMillan Rose & Co Ltd | ||||||||
Chartered Certified Accountants | ||||||||
Haltgate House | ||||||||
52A Hullbridge Road | ||||||||
South Woodham Ferrers | ||||||||
Essex | ||||||||
CM3 5NH |
THE ANCHORAGE BUILDING COMPANY LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 MARCH 2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
THE ANCHORAGE BUILDING COMPANY LIMITED | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
722,178 | 2,007,802 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS / (LIABILITIES) | (613) | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | |||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 21,228 | 31,306 | |||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | (13,758) | (31,863) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
............................. | ||||||||||
............................. | ||||||||||
THE ANCHORAGE BUILDING COMPANY LIMITED | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 25% |
1c. Stocks | ||||||||
Land is included at acquisition cost less any provision for impairment where appropriate. Construction costs are included at cost and added to each development plot. | ||||||||
Stocks of materials are stated at the lower of cost and estimated selling price. | ||||||||
When stocks of land are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. |
1d. Government Grants | ||||||||
Government grants are recognised in profit and loss in the year in which they are received. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 3 | |||||
3. TANGIBLE FIXED ASSETS | ||||
Plant and | ||||
Machinery Etc. | Total | |||
£ | £ | |||
Cost | ||||
At 1 April 2022 | 276 | 276 | ||
At 31 March 2023 | 276 | 276 | ||
Depreciation | ||||
At 1 April 2022 | 121 | 121 | ||
For the year | 39 | 39 | ||
At 31 March 2023 | 160 | 160 | ||
Net Book Amounts | ||||
At 31 March 2023 | 116 | 116 | ||
At 31 March 2022 | 155 | 155 | ||
THE ANCHORAGE BUILDING COMPANY LIMITED | ||||||||
4. STOCK | 2023 | 2022 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock | 306,366 | 1,989,144 | ||||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
VAT | 1,248 | 422 | ||||||
Other debtors | 10,650 | 7,033 | ||||||
11,898 | 7,455 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans and overdrafts | ||||||||
Trade creditors | 474,031 | 700,080 | ||||||
Other creditors | 230,436 | 1,298,150 | ||||||
714,725 | 2,008,415 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans and overdrafts | 21,228 | 31,306 | ||||||
21,228 | 31,306 | |||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
99 | 99 | |||||||
99 | 99 | |||||||