ANC (Staffs) Ltd 07650219 false 2022-06-01 2023-05-31 2023-05-31 The principal activity of the company is agricultural contracting groundworks. Digita Accounts Production Advanced 6.30.9574.0 true 07650219 2022-06-01 2023-05-31 07650219 2023-05-31 07650219 core:RetainedEarningsAccumulatedLosses 2023-05-31 07650219 core:ShareCapital 2023-05-31 07650219 core:CurrentFinancialInstruments 2023-05-31 07650219 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 07650219 core:FurnitureFittingsToolsEquipment 2023-05-31 07650219 core:LandBuildings 2023-05-31 07650219 core:MotorVehicles 2023-05-31 07650219 core:OtherPropertyPlantEquipment 2023-05-31 07650219 bus:SmallEntities 2022-06-01 2023-05-31 07650219 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 07650219 bus:FullAccounts 2022-06-01 2023-05-31 07650219 bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 07650219 bus:RegisteredOffice 2022-06-01 2023-05-31 07650219 bus:Director2 2022-06-01 2023-05-31 07650219 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 07650219 core:FurnitureFittingsToolsEquipment 2022-06-01 2023-05-31 07650219 core:Land 2022-06-01 2023-05-31 07650219 core:LandBuildings 2022-06-01 2023-05-31 07650219 core:MotorVehicles 2022-06-01 2023-05-31 07650219 core:OfficeEquipment 2022-06-01 2023-05-31 07650219 core:OtherPropertyPlantEquipment 2022-06-01 2023-05-31 07650219 core:PlantMachinery 2022-06-01 2023-05-31 07650219 countries:EnglandWales 2022-06-01 2023-05-31 07650219 2022-05-31 07650219 core:FurnitureFittingsToolsEquipment 2022-05-31 07650219 core:LandBuildings 2022-05-31 07650219 core:MotorVehicles 2022-05-31 07650219 core:OtherPropertyPlantEquipment 2022-05-31 07650219 2021-06-01 2022-05-31 07650219 2022-05-31 07650219 core:RetainedEarningsAccumulatedLosses 2022-05-31 07650219 core:ShareCapital 2022-05-31 07650219 core:CurrentFinancialInstruments 2022-05-31 07650219 core:CurrentFinancialInstruments core:WithinOneYear 2022-05-31 07650219 core:FurnitureFittingsToolsEquipment 2022-05-31 07650219 core:LandBuildings 2022-05-31 07650219 core:MotorVehicles 2022-05-31 07650219 core:OtherPropertyPlantEquipment 2022-05-31 iso4217:GBP xbrli:pure

Registration number: 07650219

ANC (Staffs) Ltd

Unaudited Financial Statements

for the Year Ended 31 May 2023

 

ANC (Staffs) Ltd

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

ANC (Staffs) Ltd

(Registration number: 07650219)
Balance Sheet as at 31 May 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

491,314

395,406

Current assets

 

Debtors

5

56,539

20,696

Cash at bank and in hand

 

303,931

231,743

 

360,470

252,439

Creditors: Amounts falling due within one year

6

(528,776)

(384,188)

Net current liabilities

 

(168,306)

(131,749)

Total assets less current liabilities

 

323,008

263,657

Provisions for liabilities

(84,143)

(68,741)

Net assets

 

238,865

194,916

Capital and reserves

 

Called up share capital

3

3

Retained earnings

238,862

194,913

Shareholders' funds

 

238,865

194,916

For the financial year ending 31 May 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 October 2023 and signed on its behalf by:
 

 

ANC (Staffs) Ltd

(Registration number: 07650219)
Balance Sheet as at 31 May 2023

.........................................
Mr M Cotterill
Director

 

ANC (Staffs) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Mount Pleasant Bungalow
Freehay
Cheadle
Staffordshire
ST10 1TR

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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 and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

ANC (Staffs) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet 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

Premises

4% Reducing Balance

Plant and Machinery

15% Reducing Balance

Motor Vehicles

25% Reducing Balance

Office equipment

33% Straight Line

Land

0%

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2022 - 3).

 

ANC (Staffs) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

4

Tangible assets

Land and buildings
£

Office equipment
£

Motor vehicles
 £

Plant and machinery
£

Total
£

Cost or valuation

At 1 June 2022

42,939

359

43,405

646,657

733,360

Additions

117,000

842

34,800

14,264

166,906

Disposals

-

-

(5,250)

-

(5,250)

At 31 May 2023

159,939

1,201

72,955

660,921

895,016

Depreciation

At 1 June 2022

9,325

120

18,216

310,293

337,954

Charge for the year

1,345

400

14,444

52,594

68,783

Eliminated on disposal

-

-

(3,035)

-

(3,035)

At 31 May 2023

10,670

520

29,625

362,887

403,702

Carrying amount

At 31 May 2023

149,269

681

43,330

298,034

491,314

At 31 May 2022

33,614

239

25,189

336,364

395,406

 

ANC (Staffs) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

5

Debtors

Current

2023
£

2022
£

Trade debtors

35,416

-

Other debtors

21,123

20,696

 

56,539

20,696

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

63

36

Other creditors

528,713

384,152

528,776

384,188