REGISTERED NUMBER: |
REDBROOK CONSTRUCTION SERVICES LIMITED |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2023 |
REGISTERED NUMBER: |
REDBROOK CONSTRUCTION SERVICES LIMITED |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2023 |
REDBROOK CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 06926573) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 31 July 2023 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 | to | 3 |
Notes to the Financial Statements | 4 | to | 6 |
REDBROOK CONSTRUCTION SERVICES LIMITED |
COMPANY INFORMATION |
For The Year Ended 31 July 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Bentley Bridge House |
Chesterfield Road |
Matlock |
Derbyshire |
DE4 5LE |
BANKERS: |
1st Floor |
Telegraph House |
High Street |
Sheffield |
South Yorkshire |
S1 2AN |
REDBROOK CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 06926573) |
ABRIDGED BALANCE SHEET |
31 July 2023 |
2023 | 2022 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | 5 | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Profit & loss account has not been delivered. |
REDBROOK CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 06926573) |
ABRIDGED BALANCE SHEET - continued |
31 July 2023 |
The financial statements were approved by the Board of Directors and authorised for issue on |
REDBROOK CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 06926573) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 31 July 2023 |
1. | STATUTORY INFORMATION |
Redbrook Construction Services Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery | - |
Motor vehicles | - |
Computer equipment | - |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
REDBROOK CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 06926573) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 July 2023 |
2. | ACCOUNTING POLICIES - continued |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. |
The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. |
Rentals paid under operating leases are charged to income on as incurred over the lease term. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 August 2022 |
Additions |
Disposals | ( |
) |
At 31 July 2023 |
DEPRECIATION |
At 1 August 2022 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31 July 2023 |
NET BOOK VALUE |
At 31 July 2023 |
At 31 July 2022 |
5. | PROVISIONS FOR LIABILITIES |
2023 | 2022 |
£ | £ |
Deferred tax | 18,109 | 10,719 |
REDBROOK CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 06926573) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 July 2023 |
5. | PROVISIONS FOR LIABILITIES - continued |
Deferred |
tax |
£ |
Balance at 1 August 2022 |
Accelerated capital allowances | 7,390 |
Balance at 31 July 2023 |
6. | RELATED PARTY DISCLOSURES |
There have been no material transactions with any related parties, including directors. |
7. | ULTIMATE CONTROLLING PARTY |
The company is controlled by its directors, by virtue of their shareholdings. |