Company Registration No. 7308258 (England and Wales)
S HARVEY & SON BUILDERS LIMITED
Unaudited accounts
for the year ended 31 July 2023
S HARVEY & SON BUILDERS LIMITED
Unaudited accounts
Contents
S HARVEY & SON BUILDERS LIMITED
Company Information
for the year ended 31 July 2023
Directors
Mr Sean Harvey
Mr Ryan Harvey
Mrs Pamela Harvey
Company Number
7308258 (England and Wales)
Registered Office
31 GARDEN LANE
WORLINGHAM
BECCLES
NR34 7SB
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
S HARVEY & SON BUILDERS LIMITED
Statement of financial position
as at 31 July 2023
Tangible assets
27,263
14,633
Cash at bank and in hand
20,539
4,521
Creditors: amounts falling due within one year
(17,523)
(14,043)
Net current assets
59,516
68,809
Total assets less current liabilities
86,779
83,442
Creditors: amounts falling due after more than one year
(87,725)
(93,805)
Net liabilities
(946)
(10,363)
Called up share capital
3
3
Profit and loss account
(949)
(10,366)
Shareholders' funds
(946)
(10,363)
For the year ending 31 July 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 14 October 2023 and were signed on its behalf by
Mr Ryan Harvey
Director
Company Registration No. 7308258
S HARVEY & SON BUILDERS LIMITED
Notes to the Accounts
for the year ended 31 July 2023
S HARVEY & SON BUILDERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 7308258. The registered office is 31 GARDEN LANE, WORLINGHAM, BECCLES, NR34 7SB.
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% Reducing balance
Motor vehicles
15% Reducing balance
Computer equipment
20% Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
16,987
25,756
1,475
44,218
Additions
-
17,500
-
17,500
At 31 July 2023
16,987
43,256
1,475
61,718
At 1 August 2022
9,033
20,083
469
29,585
Charge for the year
1,193
3,476
201
4,870
At 31 July 2023
10,226
23,559
670
34,455
At 31 July 2023
6,761
19,697
805
27,263
At 31 July 2022
7,954
5,673
1,006
14,633
S HARVEY & SON BUILDERS LIMITED
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Trade debtors
25,384
18,175
Other debtors
21,116
50,156
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,290
10,032
7
Creditors: amounts falling due after more than one year
2023
2022
Taxes and social security
24,681
33,595
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Overdrawn Directors Loan Account
16,719
-
15,166
1,553
Overdrawn Directors Loan Account
16,719
-
15,166
1,553
Overdrawn Directors Loan Account
16,718
-
15,166
1,552
10
Average number of employees
During the year the average number of employees was 3 (2022: 3).