Company Registration No. 02604730 (England and Wales)
FORDHAY DESIGN & CONSTRUCTION (KENT) LIMITED
Unaudited accounts
for the year ended 31 December 2022
FORDHAY DESIGN & CONSTRUCTION (KENT) LIMITED
Unaudited accounts
Contents
FORDHAY DESIGN & CONSTRUCTION (KENT) LIMITED
Company Information
for the year ended 31 December 2022
Directors
Mark A Shepherd
Mark M Shepherd
Michael Shepherd
Company Number
02604730 (England and Wales)
Registered Office
240 RECULVER ROAD
HERNE BAY
CT6 6QR
ENGLAND
Accountants
Step Stone Accountancy Limited
240 Reculver Road
Herne Bay
Kent
CT6 6QR
FORDHAY DESIGN & CONSTRUCTION (KENT) LIMITED
Statement of financial position
as at 31 December 2022
Tangible assets
19,384
19,104
Cash at bank and in hand
74,385
14,821
Creditors: amounts falling due within one year
(160,102)
(36,943)
Net current assets
53,375
45,243
Total assets less current liabilities
72,759
64,347
Creditors: amounts falling due after more than one year
(46,597)
(50,000)
Provisions for liabilities
Called up share capital
200
200
Profit and loss account
25,962
7,681
Shareholders' funds
26,162
7,881
For the year ending 31 December 2022 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 30 September 2023 and were signed on its behalf by
Mark A Shepherd
Director
Company Registration No. 02604730
FORDHAY DESIGN & CONSTRUCTION (KENT) LIMITED
Notes to the Accounts
for the year ended 31 December 2022
FORDHAY DESIGN & CONSTRUCTION (KENT) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02604730. The registered office is 240 RECULVER ROAD, HERNE BAY, CT6 6QR, ENGLAND.
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
15% Per Annum on a reducing balance basis
Motor vehicles
15% Per Annum on a reducing balance basis
Fixtures & fittings
15% Per Annum on a reducing balance basis
Computer equipment
25% per annum on a straight line basis
FORDHAY DESIGN & CONSTRUCTION (KENT) LIMITED
Notes to the Accounts
for the year ended 31 December 2022
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2022
18,891
58,432
31,210
-
108,533
Additions
2,960
-
-
1,472
4,432
At 31 December 2022
21,851
58,432
31,210
1,472
112,965
At 1 January 2022
10,032
53,697
25,700
-
89,429
Charge for the year
1,773
1,184
827
368
4,152
At 31 December 2022
11,805
54,881
26,527
368
93,581
At 31 December 2022
10,046
3,551
4,683
1,104
19,384
At 31 December 2021
8,859
4,735
5,510
-
19,104
Amounts falling due within one year
Trade debtors
102,459
15,732
Amounts falling due after more than one year
Other debtors
36,633
36,633
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
12,501
2,283
Taxes and social security
15,207
12,327
Loans from directors
68,419
2,738
7
Creditors: amounts falling due after more than one year
2022
2021
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
100 Ordinary A shares of £1 each
100
100
FORDHAY DESIGN & CONSTRUCTION (KENT) LIMITED
Notes to the Accounts
for the year ended 31 December 2022
9
Average number of employees
During the year the average number of employees was 3 (2021: 4).