Company Registration No. 13488132 (England and Wales)
Lewis & Confaloni Construction Limited
Unaudited accounts
for the year ended 30 June 2023
Lewis & Confaloni Construction Limited
Unaudited accounts
Contents
Lewis & Confaloni Construction Limited
Company Information
for the year ended 30 June 2023
Directors
Mr P Lewis
Mr S Confaloni
Company Number
13488132 (England and Wales)
Registered Office
62 Woodruff Close
Gloucester
GL4 6YN
Accountants
Next Level Accountants Limited
35 Goddard Way
Tuffley
Gloucester
Gloucestershire
GL4 0YA
Lewis & Confaloni Construction Limited
Statement of financial position
as at 30 June 2023
Tangible assets
21,846
10,538
Cash at bank and in hand
3,610
3,270
Creditors: amounts falling due within one year
(28,800)
(20,912)
Net current (liabilities)/assets
(14,531)
1,042
Total assets less current liabilities
7,315
11,580
Creditors: amounts falling due after more than one year
(12,479)
(5,413)
Provisions for liabilities
Deferred tax
(4,151)
(2,002)
Net (liabilities)/assets
(9,315)
4,165
Called up share capital
100
100
Profit and loss account
(9,415)
4,065
Shareholders' funds
(9,315)
4,165
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2023 and were signed on its behalf by
Mr P Lewis
Director
Company Registration No. 13488132
Lewis & Confaloni Construction Limited
Notes to the Accounts
for the year ended 30 June 2023
Lewis & Confaloni Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 13488132. The registered office is 62 Woodruff Close, Gloucester, GL4 6YN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Motor vehicles
20% Straight Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Lewis & Confaloni Construction Limited
Notes to the Accounts
for the year ended 30 June 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2022
1,800
12,251
14,051
At 30 June 2023
1,800
29,246
31,046
At 1 July 2022
450
3,063
3,513
Charge for the year
450
5,237
5,687
At 30 June 2023
900
8,300
9,200
At 30 June 2023
900
20,946
21,846
At 30 June 2022
1,350
9,188
10,538
Amounts falling due within one year
Other debtors
9,768
16,288
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,685
3,419
Taxes and social security
7,468
7,269
Loans from directors
12,623
10,016
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 4 (2022: 2).