Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-3132022-04-01falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03718137 2022-04-01 2023-03-31 03718137 2023-03-31 03718137 2021-04-01 2022-03-31 03718137 2022-03-31 03718137 c:Director1 2022-04-01 2023-03-31 03718137 d:PlantMachinery 2022-04-01 2023-03-31 03718137 d:PlantMachinery 2023-03-31 03718137 d:PlantMachinery 2022-03-31 03718137 d:MotorVehicles 2022-04-01 2023-03-31 03718137 d:MotorVehicles 2023-03-31 03718137 d:MotorVehicles 2022-03-31 03718137 d:FurnitureFittings 2022-04-01 2023-03-31 03718137 d:ComputerEquipment 2023-03-31 03718137 d:ComputerEquipment 2022-03-31 03718137 d:CurrentFinancialInstruments 2023-03-31 03718137 d:CurrentFinancialInstruments 2022-03-31 03718137 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03718137 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 03718137 d:ShareCapital 2023-03-31 03718137 d:ShareCapital 2022-03-31 03718137 d:RetainedEarningsAccumulatedLosses 2023-03-31 03718137 d:RetainedEarningsAccumulatedLosses 2022-03-31 03718137 c:FRS102 2022-04-01 2023-03-31 03718137 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 03718137 c:FullAccounts 2022-04-01 2023-03-31 03718137 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 03718137 2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure
Company registration number: 03718137







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2023


PURSER CONSTRUCTION LIMITED






































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PURSER CONSTRUCTION LIMITED
REGISTERED NUMBER:03718137



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
  
-
54,566

Debtors: amounts falling due within one year
 5 
214,836
5,039

Cash at bank and in hand
  
338,079
256,687

  
552,915
316,292

Creditors: amounts falling due within one year
 6 
(343,137)
(47,762)

Net current assets
  
 
 
209,778
 
 
268,530

Total assets less current liabilities
  
209,778
268,530

  

Net assets
  
209,778
268,530


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
209,678
268,430

  
209,778
268,530


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
R J Purser
Director

Date: 22 December 2023

The notes on pages 3 to 6 form part of these financial statements.
Page 1

 


PURSER CONSTRUCTION LIMITED
REGISTERED NUMBER:03718137


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023


Page 2

 


PURSER CONSTRUCTION LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Purser Construction Limited is a private company, limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The company's registered number is 03718137 and its registered office is at Midas House, 62 Goldsworth Road, Woking, Surrey, GU21 6LQ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 


PURSER CONSTRUCTION LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20% straight line
Motor vehicles
-
25% straight line
Computer equipment
-
33.33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is 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.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 3).

Page 4

 


PURSER CONSTRUCTION LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 April 2022
9,540
9,479
4,287
23,306



At 31 March 2023

9,540
9,479
4,287
23,306



Depreciation


At 1 April 2022
9,540
9,479
4,287
23,306



At 31 March 2023

9,540
9,479
4,287
23,306



Net book value



At 31 March 2023
-
-
-
-



At 31 March 2022
-
-
-
-

Page 5

 


PURSER CONSTRUCTION LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors

2023
2022
£
£


Trade debtors
183,233
-

Other debtors
31,603
5,039

214,836
5,039



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
43,833
24,975

Other taxation and social security
-
94

Other creditors
9,454
8,871

Accruals and deferred income
289,850
13,822

343,137
47,762


 
Page 6