IRIS Accounts Production v23.3.1.45 09747455 director 1.9.22 31.8.23 31.8.23 0 0 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh097474552022-08-31097474552023-08-31097474552022-09-012023-08-31097474552021-08-31097474552021-09-012022-08-31097474552022-08-3109747455ns10:Originalns15:EnglandWales2022-09-012023-08-3109747455ns14:PoundSterlingns10:Original2022-09-012023-08-3109747455ns10:Originalns10:Director12022-09-012023-08-3109747455ns10:Original2022-09-012023-08-3109747455ns10:Original2023-08-3109747455ns10:Originalns10:PrivateLimitedCompanyLtd2022-09-012023-08-3109747455ns10:Originalns10:SmallEntities2022-09-012023-08-3109747455ns10:Originalns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3109747455ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3109747455ns10:SmallCompaniesRegimeForAccountsns10:Original2022-09-012023-08-3109747455ns10:Originalns10:AbridgedAccounts2022-09-012023-08-3109747455ns10:Original2021-09-012022-08-3109747455ns10:Originalns10:OrdinaryShareClass12022-09-012023-08-3109747455ns10:Originalns10:OrdinaryShareClass22022-09-012023-08-3109747455ns10:Originalns10:RegisteredOffice2022-09-012023-08-3109747455ns10:Original2022-08-3109747455ns10:Originalns5:CurrentFinancialInstruments2023-08-3109747455ns10:Originalns5:CurrentFinancialInstruments2022-08-3109747455ns10:Originalns5:Non-currentFinancialInstruments2023-08-3109747455ns10:Originalns5:Non-currentFinancialInstruments2022-08-3109747455ns5:ShareCapitalns10:Original2023-08-3109747455ns5:ShareCapitalns10:Original2022-08-3109747455ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-08-3109747455ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-08-3109747455ns10:Original2022-08-3109747455ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3109747455ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-3109747455ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-08-3109747455ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-08-3109747455ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-08-3109747455ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-08-3109747455ns10:Originalns10:OrdinaryShareClass12023-08-3109747455ns10:Originalns10:OrdinaryShareClass22023-08-3109747455ns10:Original1ns10:Director12022-08-3109747455ns10:Original1ns10:Director12021-08-3109747455ns10:Original1ns10:Director12022-09-012023-08-3109747455ns10:Original1ns10:Director12021-09-012022-08-3109747455ns10:Original1ns10:Director12023-08-3109747455ns10:Original1ns10:Director12022-08-31
REGISTERED NUMBER: 09747455 (England and Wales)










FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2023

FOR

STEPHEN POUNEY CONTRACTORS LIMITED

STEPHEN POUNEY CONTRACTORS LIMITED (REGISTERED NUMBER: 09747455)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


STEPHEN POUNEY CONTRACTORS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST AUGUST 2023







DIRECTOR: Mr S D Pouney



REGISTERED OFFICE: c/o Michael Heaven & Associates Limited
47 Calthorpe Road
Edgbaston
BIRMINGHAM
West Midlands
B15 1TH



REGISTERED NUMBER: 09747455 (England and Wales)



ACCOUNTANTS: Michael Heaven & Associates Limited
Chartered Certified Accountants
47 Calthorpe Road
Edgbaston
BIRMINGHAM
B15 1TH



BANKERS: Cater Allen
9 Nelson Street
Bradford
BD1 5AN



INCORPORATION: 25th August 2015

STEPHEN POUNEY CONTRACTORS LIMITED (REGISTERED NUMBER: 09747455)

ABRIDGED BALANCE SHEET
31ST AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,213 8,283

CURRENT ASSETS
Debtors 14,007 17,728
Cash at bank 1,715 4,623
15,722 22,351
CREDITORS
Amounts falling due within one year 10,566 13,542
NET CURRENT ASSETS 5,156 8,809
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,369

17,092

CREDITORS
Amounts falling due after more than one
year

11,240

16,226
NET ASSETS 129 866

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 29 766
SHAREHOLDERS' FUNDS 129 866

STEPHEN POUNEY CONTRACTORS LIMITED (REGISTERED NUMBER: 09747455)

ABRIDGED BALANCE SHEET - continued
31ST AUGUST 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st August 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 5th February 2024 and were signed by:





Mr S D Pouney - Director


STEPHEN POUNEY CONTRACTORS LIMITED (REGISTERED NUMBER: 09747455)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2023


1. STATUTORY INFORMATION

Stephen Pouney Contractors Limited is a private company, limited by shares , registered in England and Wales. 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 represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Motor vehicles - 25% reducing balance
Plant and machinery - 25% reducing balance

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans to related parties

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.


STEPHEN POUNEY CONTRACTORS LIMITED (REGISTERED NUMBER: 09747455)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2023


2. ACCOUNTING POLICIES - continued
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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st September 2022
and 31st August 2023 25,616
DEPRECIATION
At 1st September 2022 17,333
Charge for year 2,070
At 31st August 2023 19,403
NET BOOK VALUE
At 31st August 2023 6,213
At 31st August 2022 8,283

STEPHEN POUNEY CONTRACTORS LIMITED (REGISTERED NUMBER: 09747455)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2023


5. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loan 4,986 4,863

Amounts falling due between one and two years:
Bank loan 5,112 4,986

Amounts falling due between two and five years:
Bank loan 6,128 11,240

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
80 Ordinary A £1 80 80
20 Ordinary B £1 20 20
100 100

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st August 2023 and 31st August 2022:

2023 2022
£    £   
Mr S D Pouney
Balance outstanding at start of year 12,704 18,624
Amounts advanced 16,509 34,659
Amounts repaid (22,913 ) (40,579 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,300 12,704