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REGISTERED NUMBER: 04801733 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

A A Pike Construction Limited

A A Pike Construction Limited (Registered number: 04801733)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


A A Pike Construction Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr A A Pike





REGISTERED OFFICE: 22 Wessex Park
Bancombe Business Park
Somerton
Somerset
TA11 6SB





REGISTERED NUMBER: 04801733 (England and Wales)





ACCOUNTANTS: Somerset Accountancy Services Ltd
22 Wessex Park
Bancombe Business Estate
Somerton
Somerset
TA11 6SB

A A Pike Construction Limited (Registered number: 04801733)

Abridged Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 572,726 656,356
572,726 656,356

CURRENT ASSETS
Stocks 4,030 4,789
Debtors 123,449 105,345
Cash at bank 1,203,312 881,600
1,330,791 991,734
CREDITORS
Amounts falling due within one year 346,537 293,486
NET CURRENT ASSETS 984,254 698,248
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,556,980

1,354,604

PROVISIONS FOR LIABILITIES 100,416 116,446
NET ASSETS 1,456,564 1,238,158

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 6 44,217 43,477
Retained earnings 1,412,345 1,194,679
SHAREHOLDERS' FUNDS 1,456,564 1,238,158

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

A A Pike Construction Limited (Registered number: 04801733)

Abridged Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 October 2023 and were signed by:





Mr A A Pike - Director


A A Pike Construction Limited (Registered number: 04801733)

Notes to the Financial Statements
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

A A Pike Construction Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Changes in accounting policies
Goodwill is now being depreciated at 20% on cost
Freehold Property is now being depreciated at 10% of the valuation at 31.3.17

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


A A Pike Construction Limited (Registered number: 04801733)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 6 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2022
and 31 March 2023 5,000
AMORTISATION
At 1 April 2022
and 31 March 2023 5,000
NET BOOK VALUE

At 31 March 2023 -
At 31 March 2022 -

A A Pike Construction Limited (Registered number: 04801733)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


5. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1 April 2022 1,175,787
Additions 55,466
Disposals (1,500 )
At 31 March 2023 1,229,753
DEPRECIATION
At 1 April 2022 519,431
Charge for year 138,604
Eliminated on disposal (1,008 )
At 31 March 2023 657,027
NET BOOK VALUE
At 31 March 2023 572,726
At 31 March 2022 656,356

Cost or valuation at 31 March 2023 is represented by:

Totals
£   
Valuation in 2016 172,582
Valuation in 2017 (41,737 )
Valuation in 2018 (10,670 )
Valuation in 2019 (620 )
Valuation in 2021 (28,192 )
Valuation in 2022 (47,886 )
Valuation in 2023 740
Cost 1,185,536
1,229,753

A A Pike Construction Limited (Registered number: 04801733)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST OR VALUATION
At 1 April 2022
and 31 March 2023 119,870
DEPRECIATION
At 1 April 2022 5,255
Charge for year 22,923
At 31 March 2023 28,178
NET BOOK VALUE
At 31 March 2023 91,692
At 31 March 2022 114,615

6. RESERVES
Revaluation
reserve
£   
At 1 April 2022 43,477
Asset revaluation 740

At 31 March 2023 44,217