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REGISTERED NUMBER: 04784730 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 December 2022

for

P CORKILL CONSTRUCTION LTD

P CORKILL CONSTRUCTION LTD (REGISTERED NUMBER: 04784730)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P CORKILL CONSTRUCTION LTD

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2022







Directors: Mr P Corkill
Mrs A J Corkill





Registered office: Greenslate Barn
Off Tracks Lane
Billinge
Wigan
Lancashire
WN5 7BG





Registered number: 04784730 (England and Wales)





Accountants: NRB
1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ

P CORKILL CONSTRUCTION LTD (REGISTERED NUMBER: 04784730)

Balance Sheet
31 DECEMBER 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,812 12,381
Investment property 5 515,000 515,000
523,812 527,381

CURRENT ASSETS
Stocks 62,654 33,258
Debtors 6 136 11,591
Cash at bank 20,048 8,156
82,838 53,005
CREDITORS
Amounts falling due within one year 7 155,479 122,941
NET CURRENT LIABILITIES (72,641 ) (69,936 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

451,171

457,445

CREDITORS
Amounts falling due after more than one year 8 (237,340 ) (245,784 )

PROVISIONS FOR LIABILITIES 9 (29,811 ) (29,811 )
NET ASSETS 184,020 181,850

CAPITAL AND RESERVES
Called up share capital 10 2 2
Revaluation reserve 127,089 127,089
Retained earnings 56,929 54,759
SHAREHOLDERS' FUNDS 184,020 181,850

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

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.

P CORKILL CONSTRUCTION LTD (REGISTERED NUMBER: 04784730)

Balance Sheet - continued
31 DECEMBER 2022


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 26 October 2023 and were signed on its behalf by:





Mr P Corkill - Director


P CORKILL CONSTRUCTION LTD (REGISTERED NUMBER: 04784730)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2022

1. STATUTORY INFORMATION

P Corkill Construction Ltd 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.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Work in progress
Work in progress is valued at the lower of cost and net realisable value.

Costs includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

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 3 (2021 - 3 ) .

P CORKILL CONSTRUCTION LTD (REGISTERED NUMBER: 04784730)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 January 2022 3,043 46,936 49,979
Disposals - (16,609 ) (16,609 )
At 31 December 2022 3,043 30,327 33,370
DEPRECIATION
At 1 January 2022 2,979 34,619 37,598
Charge for year 13 2,463 2,476
Eliminated on disposal - (15,516 ) (15,516 )
At 31 December 2022 2,992 21,566 24,558
NET BOOK VALUE
At 31 December 2022 51 8,761 8,812
At 31 December 2021 64 12,317 12,381

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2022
and 31 December 2022 515,000
NET BOOK VALUE
At 31 December 2022 515,000
At 31 December 2021 515,000

Investment property was valued on an open market basis, by the director M P Corkill, on 31 December 2021.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors - 10,971
Other debtors 136 620
136 11,591

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Bank loans and overdrafts 9,546 10,648
Trade creditors 4,621 45,468
Taxation and social security 9,179 19,514
Other creditors 132,133 47,311
155,479 122,941

P CORKILL CONSTRUCTION LTD (REGISTERED NUMBER: 04784730)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.22 31.12.21
£    £   
Bank loans 29,340 37,784
Other creditors 208,000 208,000
237,340 245,784

9. PROVISIONS FOR LIABILITIES
31.12.22 31.12.21
£    £   
Deferred tax 29,811 29,811

Deferred
tax
£   
Balance at 1 January 2022 29,811
Balance at 31 December 2022 29,811

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.22 31.12.21
value: £    £   
2 Ordinary £1 2 2