05674270falsesale of building supplies2022-02-012023-01-31http://www.companieshouse.gov.uk/2022-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-01-31http://www.companieshouse.gov.uk/cd:Director12022-02-012023-01-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-01-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-02-012023-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-01-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-02-012023-01-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-02-012023-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-01-31http://www.companieshouse.gov.uk/2022-02-012023-01-31http://www.companieshouse.gov.uk/2022-01-31http://www.companieshouse.gov.uk/cd:FRS1022022-02-012023-01-31http://www.companieshouse.gov.uk/2023-01-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-02-012023-01-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-02-012023-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05674270

A1 Building Supplies UK Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2023

Prepared By:
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

A1 Building Supplies UK Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2023
DIRECTORS
I Gross
SECRETARY
B Gross
REGISTERED OFFICE
49 Mowbray Road
Edgware
Middlesex
HA8 8JL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05674270
BANKERS
Lloyds
ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

A1 Building Supplies UK Limited

ACCOUNTS
FOR THEYEARENDED31/01/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

A1 Building Supplies UK Limited

BALANCE SHEET AT 31/01/2023
20232022
Notes££
FIXED ASSETS
Tangible assets2582,235606,188
CURRENT ASSETS
Debtors31,946,3121,612,266
Cash at bank and in hand170,436259,767
2,116,7481,872,033
CREDITORS: Amounts falling due within one year41,084,243878,177
NET CURRENT ASSETS1,032,505993,856
TOTAL ASSETS LESS CURRENT LIABILITIES1,614,7401,600,044
CREDITORS: Amounts falling due after more than one year5101,556120,103
PROVISIONS FOR LIABILITIES AND CHARGES770,53850,416
NET ASSETS1,442,6461,429,525
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account1,442,5461,429,425
SHAREHOLDERS' FUNDS1,442,6461,429,525
For the year ending 31/01/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 25/10/2023 and signed on their behalf by
.............................
I Gross
Director

A1 Building Supplies UK Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2023
1. ACCOUNTING POLICIES
1a. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Long Leasehold Propertiesreducing balance 2%
Commercial Vehiclesreducing balance 25%
Equipmentreducing balance 25%
1b. Dividends On Shares Presented Within Shareholders Funds
Dividends unpaid at the balance sheet date are only recognised as a liability at that date to the extent that they are appropriately authorised and are no longer at the discretion of the Company Unpaid dividends that do not meet these criteria are disclosed in the notes to the financial statements.
1c. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.
2. TANGIBLE FIXED ASSETS
Long LeaseholdCommercial
PropertiesVehiclesEquipmentTotal
££££
Cost
At 01/02/2022353,118192,340503,8841,049,342
Additions--79,65879,658
At 31/01/2023353,118192,340583,5421,129,000
Depreciation
At 01/02/202270,620132,132240,402443,154
For the year7,06215,05281,497103,611
At 31/01/202377,682147,184321,899546,765
Net Book Amounts
At 31/01/2023275,43645,156261,643582,235
At 31/01/2022282,49860,208263,482606,188

A1 Building Supplies UK Limited

3. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors1,862,3191,523,532
Other debtors83,99352,067
Prepayments-36,667
1,946,3121,612,266
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax38,7058,041
VAT10,67814,350
Trade creditors968,813832,013
Other creditors62,89720,773
Accruals3,1503,000
1,084,243878,177
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (secured) >1yr101,556120,103
101,556120,103
6. EMPLOYEES
20232022
No.No.
Average number of employees1617

A1 Building Supplies UK Limited

7. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation70,53850,416
70,53850,416
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. CONTROLLING PARTY
The company is controlled by I Gross, the director, by virtue of the fact that, together with his wife, he owns 100% of the company's issued and called up voting share capital.
10. RELATED PARTY TRANSACTIONS
During the year, the director advanced certain loans to the company. At the year end, the balance due to the director totalled £22,900 (2022: £16,719). The loan was interest free and repayable on demand.
During the year, dividends of £120,000 (2022: £90,000) were paid to the director and his spouse.