Company Registration No. 11840221 (England and Wales)
Elmstead Construction Ltd
Unaudited accounts
for the year ended 28 February 2023
Elmstead Construction Ltd
Unaudited accounts
Contents
Elmstead Construction Ltd
Company Information
for the year ended 28 February 2023
Company Number
11840221 (England and Wales)
Accountants
Crossley & Davis Limited
Suite 2D, The Links
Herne Bay
Kent
CT6 7GQ
Elmstead Construction Ltd
Statement of financial position
as at 28 February 2023
Tangible assets
25,232
6,924
Cash at bank and in hand
110,184
113,868
Creditors: amounts falling due within one year
(10,870)
(26,717)
Net current assets
116,884
97,151
Net assets
142,116
104,075
Called up share capital
101
101
Profit and loss account
142,015
103,974
Shareholders' funds
142,116
104,075
For the year ending 28 February 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 September 2023 and were signed on its behalf by
Alan Plumb
Director
Company Registration No. 11840221
Elmstead Construction Ltd
Notes to the Accounts
for the year ended 28 February 2023
Elmstead Construction Ltd is a private company, limited by shares, registered in England and Wales, registration number 11840221.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2022
7,468
8,500
15,968
Additions
347
21,650
21,997
At 28 February 2023
7,815
30,150
37,965
At 1 March 2022
4,227
4,817
9,044
Charge for the year
1,628
2,061
3,689
At 28 February 2023
5,855
6,878
12,733
At 28 February 2023
1,960
23,272
25,232
At 28 February 2022
3,241
3,683
6,924
Amounts falling due within one year
Elmstead Construction Ltd
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
6,291
9,690
Loans from directors
3,107
15,253
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).