Company Registration No. 11444321 (England and Wales)
I & D CONSTRUCTION LTD
Unaudited accounts
for the year ended 30 June 2023
I & D CONSTRUCTION LTD
Unaudited accounts
Contents
I & D CONSTRUCTION LTD
Company Information
for the year ended 30 June 2023
Directors
Daniel James Mellor
Ian Robert O'brien
Company Number
11444321 (England and Wales)
Registered Office
5 CORNWELL CRESCENT
BEDLINGTON
NE22 5AP
UNITED KINGDOM
Accountants
Genesis Accountants
G27 Amber Court
William Armstrong Drive
Newcastle Upon Tyne
NE4 7YA
I & D CONSTRUCTION LTD
Statement of financial position
as at 30 June 2023
Tangible assets
217,457
127,214
Cash at bank and in hand
14,042
2,755
Creditors: amounts falling due within one year
(104,581)
(153,080)
Net current liabilities
(54,958)
(56,990)
Total assets less current liabilities
162,499
70,224
Creditors: amounts falling due after more than one year
(144,567)
-
Called up share capital
2
2
Profit and loss account
17,930
70,222
Shareholders' funds
17,932
70,224
For the year ending 30 June 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 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 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 of Directors and authorised for issue on 16 November 2023 and were signed on its behalf by
Daniel James Mellor
Director
Company Registration No. 11444321
I & D CONSTRUCTION LTD
Notes to the Accounts
for the year ended 30 June 2023
I & D CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 11444321. The registered office is 5 CORNWELL CRESCENT, BEDLINGTON, NE22 5AP, UNITED KINGDOM.
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:
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2022
142,801
38,899
181,700
Additions
130,000
17,995
147,995
At 30 June 2023
272,801
56,894
329,695
At 1 July 2022
42,342
12,144
54,486
Charge for the year
50,688
7,064
57,752
At 30 June 2023
93,030
19,208
112,238
At 30 June 2023
179,771
37,686
217,457
At 30 June 2022
100,459
26,755
127,214
I & D CONSTRUCTION LTD
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Other debtors
10,835
85,323
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
23,429
Obligations under finance leases and hire purchase contracts
77,223
119,306
Taxes and social security
-
1,570
Loans from directors
1,859
8,652
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
127,646
-
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).