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REGISTERED NUMBER: 06140162 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

KERNSAW BUILDERS LIMITED

KERNSAW BUILDERS LIMITED (REGISTERED NUMBER: 06140162)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KERNSAW BUILDERS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTOR: C L Ballantine





REGISTERED OFFICE: 326 Pinewood Park
Farnborough
Hampshire
GU14 9LJ





REGISTERED NUMBER: 06140162 (England and Wales)





ACCOUNTANTS: Goddard & Co
Chartered Accountants
3 Church Street
Odiham, Hook
Hampshire
RG29 1LU

KERNSAW BUILDERS LIMITED (REGISTERED NUMBER: 06140162)

BALANCE SHEET
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 531 73

CURRENT ASSETS
Stocks 10,735 11,250
Debtors 5 24,356 2,239
Cash at bank 13,873 31,023
48,964 44,512
CREDITORS
Amounts falling due within one year 6 38,510 44,418
NET CURRENT ASSETS 10,454 94
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,985

167

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 10,982 164
10,985 167

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.

KERNSAW BUILDERS LIMITED (REGISTERED NUMBER: 06140162)

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.

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 13 November 2023 and were signed by:





C L Ballantine - Director


KERNSAW BUILDERS LIMITED (REGISTERED NUMBER: 06140162)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Kernsaw Builders 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments
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 4 (2022 - 4 ) .

KERNSAW BUILDERS LIMITED (REGISTERED NUMBER: 06140162)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 46,039
Additions 1,999
At 31 March 2023 48,038
DEPRECIATION
At 1 April 2022 45,966
Charge for year 1,541
At 31 March 2023 47,507
NET BOOK VALUE
At 31 March 2023 531
At 31 March 2022 73

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 22,621 1,140
Other debtors 1,735 1,099
24,356 2,239

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 7,411 6,319
Taxation and social security 22,756 19,924
Other creditors 8,343 18,175
38,510 44,418