Company Registration No. 11219458 (England and Wales)
ABC.LONDON.CONSTRUCTION LTD
Unaudited accounts
for the year ended 28 February 2023
ABC.LONDON.CONSTRUCTION LTD
Unaudited accounts
Contents
ABC.LONDON.CONSTRUCTION LTD
Company Information
for the year ended 28 February 2023
Director
Florin Ciprian Luta
Company Number
11219458 (England and Wales)
Registered Office
9 THE MEADS
CHEAM
SUTTON
SM3 9AX
ENGLAND
ABC.LONDON.CONSTRUCTION LTD
Statement of financial position
as at 28 February 2023
Tangible assets
2,854
6,334
Cash at bank and in hand
112,677
51,151
Creditors: amounts falling due within one year
(70,739)
(8,474)
Net current assets
43,838
50,398
Total assets less current liabilities
46,692
56,732
Creditors: amounts falling due after more than one year
(38,111)
(56,361)
Called up share capital
1
1
Profit and loss account
8,580
370
Shareholders' funds
8,581
371
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 29 November 2023 and were signed on its behalf by
Florin Ciprian Luta
Director
Company Registration No. 11219458
ABC.LONDON.CONSTRUCTION LTD
Notes to the Accounts
for the year ended 28 February 2023
ABC.LONDON.CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 11219458. The registered office is 9 THE MEADS, CHEAM, SUTTON, SM3 9AX, ENGLAND.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2022
532
17,000
17,532
At 28 February 2023
532
17,000
17,532
At 1 March 2022
361
10,837
11,198
Charge for the year
80
3,400
3,480
At 28 February 2023
441
14,237
14,678
At 28 February 2023
91
2,763
2,854
At 28 February 2022
171
6,163
6,334
ABC.LONDON.CONSTRUCTION LTD
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
3,401
-
Trade creditors
7,365
5,591
Taxes and social security
4,875
-
Loans from directors
36,919
2,883
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
7,271
Taxes and social security
-
1,520
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).