Chiltern GRC Limited 06769123 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is that of concrete and mortar specialists. Digita Accounts Production Advanced 6.30.9574.0 true 06769123 2022-04-01 2023-03-31 06769123 2023-03-31 06769123 core:RetainedEarningsAccumulatedLosses 2023-03-31 06769123 core:ShareCapital 2023-03-31 06769123 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 06769123 core:FurnitureFittingsToolsEquipment 2023-03-31 06769123 core:MotorVehicles 2023-03-31 06769123 core:OtherPropertyPlantEquipment 2023-03-31 06769123 bus:SmallEntities 2022-04-01 2023-03-31 06769123 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 06769123 bus:FullAccounts 2022-04-01 2023-03-31 06769123 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 06769123 bus:RegisteredOffice 2022-04-01 2023-03-31 06769123 bus:Director1 2022-04-01 2023-03-31 06769123 bus:Director2 2022-04-01 2023-03-31 06769123 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 06769123 core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 06769123 core:MotorVehicles 2022-04-01 2023-03-31 06769123 core:OfficeEquipment 2022-04-01 2023-03-31 06769123 core:OtherPropertyPlantEquipment 2022-04-01 2023-03-31 06769123 core:PlantMachinery 2022-04-01 2023-03-31 06769123 countries:England 2022-04-01 2023-03-31 06769123 2022-03-31 06769123 core:FurnitureFittingsToolsEquipment 2022-03-31 06769123 core:MotorVehicles 2022-03-31 06769123 core:OtherPropertyPlantEquipment 2022-03-31 06769123 2021-04-01 2022-03-31 06769123 2022-03-31 06769123 core:RetainedEarningsAccumulatedLosses 2022-03-31 06769123 core:ShareCapital 2022-03-31 06769123 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 06769123 core:FurnitureFittingsToolsEquipment 2022-03-31 06769123 core:MotorVehicles 2022-03-31 06769123 core:OtherPropertyPlantEquipment 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 06769123

Chiltern GRC Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2023

 

Chiltern GRC Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Chiltern GRC Limited

Company Information

Directors

Mr E B McMullan

Mr C P Salmon

Registered office

First Floor
Rosemount House
Huddersfield Road
Elland
West Yorkshire
HX5 0EE

Accountants

Lambert Roper & Horsfield Limited
Chartered Accountants
First Floor
Rosemount House
Huddersfield Road
Elland
West Yorkshire
HX5 0EE

 

Chiltern GRC Limited

Balance Sheet

as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

193,080

153,045

Current assets

 

Stocks

251,793

222,600

Debtors

5

849,906

546,835

Cash at bank and in hand

 

156,624

189,857

 

1,258,323

959,292

Creditors: Amounts falling due within one year

6

(681,270)

(537,063)

Net current assets

 

577,053

422,229

Total assets less current liabilities

 

770,133

575,274

Provisions for liabilities

(48,271)

(29,079)

Net assets

 

721,862

546,195

Capital and reserves

 

Allotted, called up and fully paid share capital

1,050

1,050

Profit and loss account

720,812

545,145

Shareholders' funds

 

721,862

546,195

Registration number: 06769123

 

Chiltern GRC Limited

Balance Sheet

as at 31 March 2023 (continued)

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 26 September 2023 and signed on its behalf by:
 

.........................................
Mr E B McMullan
Director

 

Chiltern GRC Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2023

1

General information

The company is a private company limited by shares incorporated in England within the United Kingdom.

The company's registration number is 06769123.

The address of its registered office is:
First Floor
Rosemount House
Huddersfield Road
Elland
West Yorkshire
HX5 0EE

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A – ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have been transferred to the buyer.

 

Chiltern GRC Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2023 (continued)

2

Accounting policies (continued)

Tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% per annum on a straight line basis

Motor vehicles

25% per annum on a straight line basis

Office equipment

25% per annum on a straight line basis

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

 

Chiltern GRC Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2023 (continued)

2

Accounting policies (continued)

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year was 38 (2022 - 33).

 

Chiltern GRC Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2023 (continued)

4

Tangible assets

Fixtures, fittings and equipment
 £

Motor vehicles
 £

Plant and machinery
 £

Total
£

Cost

At 1 April 2022

2,636

20,075

322,404

345,115

Additions

-

3,000

118,531

121,531

At 31 March 2023

2,636

23,075

440,935

466,646

Depreciation

At 1 April 2022

204

16,570

175,296

192,070

Charge for the year

660

2,244

78,592

81,496

At 31 March 2023

864

18,814

253,888

273,566

Net book value

At 31 March 2023

1,772

4,261

187,047

193,080

At 31 March 2022

2,432

3,505

147,108

153,045

5

Debtors

Current

2023
£

2022
£

Trade debtors

813,942

524,524

Prepayments

35,953

22,311

Other debtors

11

-

 

849,906

546,835

 

Chiltern GRC Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2023 (continued)

6

Creditors

2023
£

2022
£

Due within one year

Trade creditors

228,564

254,877

Directors loan accounts

52,109

24,624

Taxation and social security

116,198

60,542

Other creditors

157,497

109,401

Accruals and deferred income

78,051

69,751

Corporation tax

48,851

17,868

681,270

537,063

7

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £Nil (2022 - £18,772).