Clenston Constructions Limited 11567185 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is Property development Digita Accounts Production Advanced 6.30.9574.0 true 11567185 2022-04-01 2023-03-31 11567185 2023-03-31 11567185 bus:OrdinaryShareClass1 bus:OtherShareType 2023-03-31 11567185 core:CurrentFinancialInstruments 2023-03-31 11567185 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 11567185 bus:SmallEntities 2022-04-01 2023-03-31 11567185 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 11567185 bus:FullAccounts 2022-04-01 2023-03-31 11567185 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 11567185 bus:RegisteredOffice 2022-04-01 2023-03-31 11567185 bus:Director1 2022-04-01 2023-03-31 11567185 bus:Director2 2022-04-01 2023-03-31 11567185 bus:OrdinaryShareClass1 bus:OtherShareType 2022-04-01 2023-03-31 11567185 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 11567185 bus:Agent1 2022-04-01 2023-03-31 11567185 countries:EnglandWales 2022-04-01 2023-03-31 11567185 2021-04-01 2022-03-31 11567185 2022-03-31 11567185 bus:OrdinaryShareClass1 bus:OtherShareType 2022-03-31 11567185 core:CurrentFinancialInstruments 2022-03-31 11567185 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11567185

Clenston Constructions Limited

Annual Report and Unaudited Financial Statements Year Ended 31 March 2023

image-name

Chartered Accountants

 

Clenston Constructions Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 7

 

Clenston Constructions Limited

Company Information

Directors

Mr Michael George Rea

Mrs Caroline Carlyle-Clarke

Registered office

Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

Accountants

Edwards & Keeping
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Clenston Constructions Limitedfor the Year Ended 31 March 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Clenston Constructions Limited for the year ended 31 March 2023 as set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Clenston Constructions Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Clenston Constructions Limited and state those matters that we have agreed to state to the Board of Directors of Clenston Constructions Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clenston Constructions Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Clenston Constructions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Clenston Constructions Limited. You consider that Clenston Constructions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Clenston Constructions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.






Edwards & Keeping
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

27 November 2023

 

Clenston Constructions Limited

(Registration number: 11567185)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Current assets

 

Stocks

4

55,000

76,000

Debtors

5

273

3,495

Cash at bank and in hand

 

3,789

4,827

 

59,062

84,322

Creditors: Amounts falling due within one year

6

(59,494)

(83,897)

Net (liabilities)/assets

 

(432)

425

Capital and reserves

 

Called up share capital

7

100

100

Profit and loss account

(532)

325

Shareholders' (deficit)/funds

 

(432)

425

For the financial year ending 31 March 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 27 November 2023 and signed on its behalf by:
 



Mr Michael George Rea
Director

 

Clenston Constructions Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 March 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:
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA
England

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.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Clenston Constructions Limited

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

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

4

Stocks

2023
£

2022
£

Work in progress

55,000

76,000

 

Clenston Constructions Limited

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

5

Debtors

Current

2023
£

2022
£

Trade debtors

173

684

Other debtors

100

2,811

 

273

3,495

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

1,845

5,897

Taxation and social security

309

-

Accruals and deferred income

600

600

Other creditors

56,740

77,400

59,494

83,897

 

Clenston Constructions Limited

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

7

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100