North Essex Homes Construction Limited 14389330 false 2022-09-30 2023-03-31 2023-03-31 The principal activity of the company is development of building projects. Digita Accounts Production Advanced 6.30.9574.0 true false 14389330 2022-09-30 2023-03-31 14389330 2023-03-31 14389330 core:RetainedEarningsAccumulatedLosses 2023-03-31 14389330 core:ShareCapital 2023-03-31 14389330 core:CurrentFinancialInstruments 2023-03-31 14389330 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 14389330 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 14389330 core:FurnitureFittingsToolsEquipment 2023-03-31 14389330 bus:SmallEntities 2022-09-30 2023-03-31 14389330 bus:AuditExemptWithAccountantsReport 2022-09-30 2023-03-31 14389330 bus:FullAccounts 2022-09-30 2023-03-31 14389330 bus:SmallCompaniesRegimeForAccounts 2022-09-30 2023-03-31 14389330 bus:RegisteredOffice 2022-09-30 2023-03-31 14389330 bus:Director3 2022-09-30 2023-03-31 14389330 bus:PrivateLimitedCompanyLtd 2022-09-30 2023-03-31 14389330 core:RetainedEarningsAccumulatedLosses 2022-09-30 2023-03-31 14389330 core:ShareCapital 2022-09-30 2023-03-31 14389330 core:FurnitureFittingsToolsEquipment 2022-09-30 2023-03-31 14389330 core:OfficeEquipment 2022-09-30 2023-03-31 14389330 1 2022-09-30 2023-03-31 14389330 countries:EnglandWales 2022-09-30 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 14389330

North Essex Homes Construction Limited

Unaudited Financial Statements

for the Period from 30 September 2022 to 31 March 2023

 

North Essex Homes Construction Limited

Contents

Balance Sheet

1

Statement of Changes in Equity

2

Notes to the Unaudited Financial Statements

3 to 6

 

North Essex Homes Construction Limited

(Registration number: 14389330)
Balance Sheet as at 31 March 2023

Note

2023
£

Fixed assets

 

Tangible assets

4

785

Current assets

 

Debtors

5

210,886

Creditors: Amounts falling due within one year

6

(32,482)

Net current assets

 

178,404

Total assets less current liabilities

 

179,189

Creditors: Amounts falling due after more than one year

6

(160,414)

Net assets

 

18,775

Capital and reserves

 

Called up share capital

1

Retained earnings

18,774

Shareholders' funds

 

18,775

For the financial period 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 period 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 1 December 2023 and signed on its behalf by:
 

.........................................
Mr M A Griggs
Director

 

North Essex Homes Construction Limited

Statement of Changes in Equity for the Period from 30 September 2022 to 31 March 2023

Share capital
£

Retained earnings
£

Total
£

Profit for the period

-

18,774

18,774

New share capital subscribed

1

-

1

At 31 March 2023

1

18,774

18,775

 

North Essex Homes Construction Limited

Notes to the Unaudited Financial Statements for the Period from 30 September 2022 to 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:
Unit 3 Birchwood One Business Park Dewhurst Road
Birchwood
Warrington
WA3 7GB
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.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

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.

 

North Essex Homes Construction Limited

Notes to the Unaudited Financial Statements for the Period from 30 September 2022 to 31 March 2023

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

Furniture, fittings and equipment

10% straight line

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

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

 

North Essex Homes Construction Limited

Notes to the Unaudited Financial Statements for the Period from 30 September 2022 to 31 March 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

798

798

At 31 March 2023

798

798

Depreciation

Charge for the period

13

13

At 31 March 2023

13

13

Carrying amount

At 31 March 2023

785

785

5

Debtors

Current

2023
£

Prepayments

9,822

Other debtors

201,064

 

210,886

6

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Trade creditors

11,636

Taxation and social security

14,000

Accruals and deferred income

4,791

Other creditors

2,055

32,482

 

North Essex Homes Construction Limited

Notes to the Unaudited Financial Statements for the Period from 30 September 2022 to 31 March 2023

Creditors: amounts falling due after more than one year

2023
£

Due after one year

Owed to group undertakings

160,414

7

Parent and ultimate parent undertaking

The immediate parent company is North Essex Homes Limited. The share capital of North Essex Homes Limited is owned equally by Salboy Partnerships Limited and G&S Properties Limited. There is no ultimate controlling party.

Salboy Partnerships is a company incorporated in England and Wales, company number 13626842, registered office 3 Birchwood One Business Park, Dewhurst Road, Birchwood, Warrington, WA3 7PQ.

G&S Properties Limited is a company incorporated in England and Wales, company number 11480956, registered office 5 & 6 The Factory High Street, Thorpe-Le-Soken, Clacton-On-Sea, CO16 0EA.