IRIS Accounts Production v23.3.0.418 07760650 director 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh077606502022-03-31077606502023-03-31077606502022-04-012023-03-31077606502021-03-31077606502021-04-012022-03-31077606502022-03-3107760650ns14:PoundSterlingns10:Original2022-04-012023-03-3107760650ns10:Originalns10:Director12022-04-012023-03-3107760650ns10:Original2022-04-012023-03-3107760650ns10:Original2023-03-3107760650ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3107760650ns10:Originalns10:SmallEntities2022-04-012023-03-3107760650ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3107760650ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3107760650ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3107760650ns10:Originalns10:FullAccounts2022-04-012023-03-3107760650ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3107760650ns10:CompanySecretary1ns10:Original2022-04-012023-03-3107760650ns10:Originalns10:RegisteredOffice2022-04-012023-03-3107760650ns10:Original2022-03-3107760650ns10:Originalns5:CurrentFinancialInstruments2023-03-3107760650ns10:Originalns5:CurrentFinancialInstruments2022-03-3107760650ns10:Originalns5:Non-currentFinancialInstruments2023-03-3107760650ns10:Originalns5:Non-currentFinancialInstruments2022-03-3107760650ns5:ShareCapitalns10:Original2023-03-3107760650ns5:ShareCapitalns10:Original2022-03-3107760650ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3107760650ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3107760650ns10:Originalns5:PlantMachinery2022-04-012023-03-3107760650ns10:Originalns5:FurnitureFittings2022-04-012023-03-3107760650ns10:Original2021-04-012022-03-3107760650ns10:Originalns5:PlantMachinery2022-03-3107760650ns10:Originalns5:FurnitureFittings2022-03-3107760650ns10:Original2022-03-3107760650ns10:Originalns5:PlantMachinery2023-03-3107760650ns10:Originalns5:FurnitureFittings2023-03-3107760650ns10:Originalns5:PlantMachinery2022-03-3107760650ns10:Originalns5:FurnitureFittings2022-03-3107760650ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3107760650ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3107760650ns10:Originalns10:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 07760650















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

BROUGHTON'S PLASTERING CONTRACTORS
LIMITED

BROUGHTON'S PLASTERING CONTRACTORS
LIMITED (REGISTERED NUMBER: 07760650)






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


BROUGHTON'S PLASTERING CONTRACTORS
LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTOR: J Broughton





SECRETARY:





REGISTERED OFFICE: 19/21 Hatchett Street
Hockley
Birmingham
West Midlands
B19 3NX





REGISTERED NUMBER: 07760650





ACCOUNTANTS: Parkar Accountants
19/21 Hatchett Street
Hockley
Birmingham
West Midlands
B19 3NX

BROUGHTON'S PLASTERING CONTRACTORS
LIMITED (REGISTERED NUMBER: 07760650)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,714 39,279

CURRENT ASSETS
Stocks 6,440 6,440
Debtors 5 851,604 796,443
Cash at bank and in hand 1,005,190 452,059
1,863,234 1,254,942
CREDITORS
Amounts falling due within one year 6 911,960 575,837
NET CURRENT ASSETS 951,274 679,105
TOTAL ASSETS LESS CURRENT
LIABILITIES

983,988

718,384

CREDITORS
Amounts falling due after more than one
year

7

5,787

15,991
NET ASSETS 978,201 702,393

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 978,101 702,293
SHAREHOLDERS' FUNDS 978,201 702,393

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.

BROUGHTON'S PLASTERING CONTRACTORS
LIMITED (REGISTERED NUMBER: 07760650)

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 14 November 2023 and were signed by:





J Broughton - Director


BROUGHTON'S PLASTERING CONTRACTORS
LIMITED (REGISTERED NUMBER: 07760650)

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

1. STATUTORY INFORMATION

Broughton's Plastering Contractors Limited is a private company, limited by shares , registered in Not specified/Other. 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 - 20% on reducing balance
Fixtures & equipment - 20% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 8 (2022 - 5 ) .

BROUGHTON'S PLASTERING CONTRACTORS
LIMITED (REGISTERED NUMBER: 07760650)

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

4. TANGIBLE FIXED ASSETS
Plant and Fixtures
machinery & equipment Totals
£    £    £   
COST
At 1 April 2022 67,705 19,469 87,174
Additions - 1,614 1,614
At 31 March 2023 67,705 21,083 88,788
DEPRECIATION
At 1 April 2022 35,156 12,739 47,895
Charge for year 6,510 1,669 8,179
At 31 March 2023 41,666 14,408 56,074
NET BOOK VALUE
At 31 March 2023 26,039 6,675 32,714
At 31 March 2022 32,549 6,730 39,279

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 842,568 784,641
Prepayments 9,036 11,802
851,604 796,443

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 11,412 11,412
Trade creditors 854,498 425,895
Tax 84,238 52,424
Social security and other taxes (166,341 ) (112,588 )
Other creditors 125,689 171,397
Directors' current accounts 664 25,497
Accrued expenses 1,800 1,800
911,960 575,837

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 5,787 15,991

BROUGHTON'S PLASTERING CONTRACTORS
LIMITED (REGISTERED NUMBER: 07760650)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100