2022-10-012023-09-302023-09-30false04509048COULSON CONSTRUCTION LIMITED2024-03-0542110iso4217:GBPxbrli:pure045090482022-10-01045090482023-09-30045090482022-10-012023-09-30045090482021-10-01045090482022-09-30045090482021-10-012022-09-3004509048bus:SmallEntities2022-10-012023-09-3004509048bus:AuditExempt-NoAccountantsReport2022-10-012023-09-3004509048bus:FullAccounts2022-10-012023-09-3004509048bus:PrivateLimitedCompanyLtd2022-10-012023-09-3004509048core:WithinOneYear2023-09-3004509048core:AfterOneYear2023-09-3004509048core:WithinOneYear2022-09-3004509048core:AfterOneYear2022-09-3004509048core:ShareCapital2023-09-3004509048core:SharePremium2023-09-3004509048core:RevaluationReserve2023-09-3004509048core:OtherReservesSubtotal2023-09-3004509048core:RetainedEarningsAccumulatedLosses2023-09-3004509048core:ShareCapital2022-09-3004509048core:SharePremium2022-09-3004509048core:RevaluationReserve2022-09-3004509048core:OtherReservesSubtotal2022-09-3004509048core:RetainedEarningsAccumulatedLosses2022-09-3004509048core:LandBuildings2023-09-3004509048core:PlantMachinery2023-09-3004509048core:Vehicles2023-09-3004509048core:FurnitureFittings2023-09-3004509048core:OfficeEquipment2023-09-3004509048core:NetGoodwill2023-09-3004509048core:IntangibleAssetsOtherThanGoodwill2023-09-3004509048core:ListedExchangeTraded2023-09-3004509048core:UnlistedNon-exchangeTraded2023-09-3004509048core:LandBuildings2022-09-3004509048core:PlantMachinery2022-09-3004509048core:Vehicles2022-09-3004509048core:FurnitureFittings2022-09-3004509048core:OfficeEquipment2022-09-3004509048core:NetGoodwill2022-09-3004509048core:IntangibleAssetsOtherThanGoodwill2022-09-3004509048core:ListedExchangeTraded2022-09-3004509048core:UnlistedNon-exchangeTraded2022-09-3004509048core:LandBuildings2022-10-012023-09-3004509048core:PlantMachinery2022-10-012023-09-3004509048core:Vehicles2022-10-012023-09-3004509048core:FurnitureFittings2022-10-012023-09-3004509048core:OfficeEquipment2022-10-012023-09-3004509048core:NetGoodwill2022-10-012023-09-3004509048core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3004509048core:ListedExchangeTraded2022-10-012023-09-3004509048core:UnlistedNon-exchangeTraded2022-10-012023-09-3004509048core:MoreThanFiveYears2022-10-012023-09-3004509048core:Non-currentFinancialInstruments2023-09-3004509048core:Non-currentFinancialInstruments2022-09-3004509048dpl:CostSales2022-10-012023-09-3004509048dpl:DistributionCosts2022-10-012023-09-3004509048core:LandBuildings2022-10-012023-09-3004509048core:PlantMachinery2022-10-012023-09-3004509048core:Vehicles2022-10-012023-09-3004509048core:FurnitureFittings2022-10-012023-09-3004509048core:OfficeEquipment2022-10-012023-09-3004509048dpl:AdministrativeExpenses2022-10-012023-09-3004509048core:NetGoodwill2022-10-012023-09-3004509048core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3004509048dpl:GroupUndertakings2022-10-012023-09-3004509048dpl:ParticipatingInterests2022-10-012023-09-3004509048dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-012023-09-3004509048core:ListedExchangeTraded2022-10-012023-09-3004509048dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-012023-09-3004509048core:UnlistedNon-exchangeTraded2022-10-012023-09-3004509048dpl:CostSales2021-10-012022-09-3004509048dpl:DistributionCosts2021-10-012022-09-3004509048core:LandBuildings2021-10-012022-09-3004509048core:PlantMachinery2021-10-012022-09-3004509048core:Vehicles2021-10-012022-09-3004509048core:FurnitureFittings2021-10-012022-09-3004509048core:OfficeEquipment2021-10-012022-09-3004509048dpl:AdministrativeExpenses2021-10-012022-09-3004509048core:NetGoodwill2021-10-012022-09-3004509048core:IntangibleAssetsOtherThanGoodwill2021-10-012022-09-3004509048dpl:GroupUndertakings2021-10-012022-09-3004509048dpl:ParticipatingInterests2021-10-012022-09-3004509048dpl:GroupUndertakingscore:ListedExchangeTraded2021-10-012022-09-3004509048core:ListedExchangeTraded2021-10-012022-09-3004509048dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-10-012022-09-3004509048core:UnlistedNon-exchangeTraded2021-10-012022-09-3004509048core:NetGoodwill2023-09-3004509048core:IntangibleAssetsOtherThanGoodwill2023-09-3004509048core:LandBuildings2023-09-3004509048core:PlantMachinery2023-09-3004509048core:Vehicles2023-09-3004509048core:FurnitureFittings2023-09-3004509048core:OfficeEquipment2023-09-3004509048core:AfterOneYear2023-09-3004509048core:WithinOneYear2023-09-3004509048core:ListedExchangeTraded2023-09-3004509048core:UnlistedNon-exchangeTraded2023-09-3004509048core:ShareCapital2023-09-3004509048core:SharePremium2023-09-3004509048core:RevaluationReserve2023-09-3004509048core:OtherReservesSubtotal2023-09-3004509048core:RetainedEarningsAccumulatedLosses2023-09-3004509048core:NetGoodwill2022-09-3004509048core:IntangibleAssetsOtherThanGoodwill2022-09-3004509048core:LandBuildings2022-09-3004509048core:PlantMachinery2022-09-3004509048core:Vehicles2022-09-3004509048core:FurnitureFittings2022-09-3004509048core:OfficeEquipment2022-09-3004509048core:AfterOneYear2022-09-3004509048core:WithinOneYear2022-09-3004509048core:ListedExchangeTraded2022-09-3004509048core:UnlistedNon-exchangeTraded2022-09-3004509048core:ShareCapital2022-09-3004509048core:SharePremium2022-09-3004509048core:RevaluationReserve2022-09-3004509048core:OtherReservesSubtotal2022-09-3004509048core:RetainedEarningsAccumulatedLosses2022-09-3004509048core:NetGoodwill2021-10-0104509048core:IntangibleAssetsOtherThanGoodwill2021-10-0104509048core:LandBuildings2021-10-0104509048core:PlantMachinery2021-10-0104509048core:Vehicles2021-10-0104509048core:FurnitureFittings2021-10-0104509048core:OfficeEquipment2021-10-0104509048core:AfterOneYear2021-10-0104509048core:WithinOneYear2021-10-0104509048core:ListedExchangeTraded2021-10-0104509048core:UnlistedNon-exchangeTraded2021-10-0104509048core:ShareCapital2021-10-0104509048core:SharePremium2021-10-0104509048core:RevaluationReserve2021-10-0104509048core:OtherReservesSubtotal2021-10-0104509048core:RetainedEarningsAccumulatedLosses2021-10-0104509048core:AfterOneYear2022-10-012023-09-3004509048core:WithinOneYear2022-10-012023-09-3004509048core:Non-currentFinancialInstrumentscore:CostValuation2022-10-012023-09-3004509048core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-10-012023-09-3004509048core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-10-012023-09-3004509048core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-10-012023-09-3004509048core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-10-012023-09-3004509048core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-10-012023-09-3004509048core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-10-012023-09-3004509048core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-10-012023-09-3004509048core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-10-012023-09-3004509048core:Non-currentFinancialInstrumentscore:CostValuation2023-09-3004509048core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-3004509048core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-3004509048core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-3004509048core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-3004509048core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-3004509048core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-3004509048core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-3004509048core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-3004509048core:Non-currentFinancialInstrumentscore:CostValuation2022-09-3004509048core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-09-3004509048core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-09-3004509048core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-09-3004509048core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-09-3004509048core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-09-3004509048core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-09-3004509048core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-09-3004509048core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-09-3004509048bus:Director12022-10-012023-09-3004509048bus:Director22022-10-012023-09-3004509048bus:Director32022-10-012023-09-30

COULSON CONSTRUCTION LIMITED

Registered Number
04509048
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2023

COULSON CONSTRUCTION LIMITED
Company Information
for the year from 1 October 2022 to 30 September 2023

Directors

Mrs E Coulson
Mr E N Coulson
Mr P E Coulson

Company Secretary

Mrs E Coulson

Registered Address

Woodbine Cottage, Birtley
Hexham
Northumberland
NE48 3HL

Registered Number

04509048 (England and Wales)
COULSON CONSTRUCTION LIMITED
Statement of Financial Position
30 September 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3515,515493,584
515,515493,584
Current assets
Debtors141,694133,688
Cash at bank and on hand47,42474,605
189,118208,293
Creditors amounts falling due within one year5(353,645)(398,798)
Net current assets (liabilities)(164,527)(190,505)
Total assets less current liabilities350,988303,079
Creditors amounts falling due after one year6(178,751)(160,264)
Provisions for liabilities7(102,186)(78,334)
Net assets70,05164,481
Capital and reserves
Called up share capital50,00050,000
Profit and loss account20,05114,481
Shareholders' funds70,05164,481
The financial statements were approved and authorised for issue by the Board of Directors on 5 March 2024, and are signed on its behalf by:
Mr E N Coulson
Director
Registered Company No. 04509048
COULSON CONSTRUCTION LIMITED
Notes to the Financial Statements
for the year ended 30 September 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The financial statements have been prepared under the historical cost convention on a going concern basis 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.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. 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.
Employee benefits
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 obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in accruals in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. 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 disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Plant and machinery10-
Vehicles15-
Office Equipment-4
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the Statement of Financial Position. They are depreciated over the shorter of their useful lives or the term of the lease. All other lease arrangements are classified as an operating lease
Financial instruments
The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
2.Average number of employees

20232022
Average number of employees during the year1111
3.Tangible fixed assets

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 October 22313,634620,4383,128937,200
Additions3,000155,920-158,920
Disposals(3,903)(146,210)(1,308)(151,421)
At 30 September 23312,731630,1481,820944,699
Depreciation and impairment
At 01 October 22191,003249,4853,128443,616
Charge for year12,21461,837-74,051
On disposals(2,162)(85,013)(1,308)(88,483)
At 30 September 23201,055226,3091,820429,184
Net book value
At 30 September 23111,676403,839-515,515
At 30 September 22122,631370,953-493,584
4.Debtors: amounts due within one year

2023

2022

££
Trade debtors / trade receivables141,694128,688
Prepayments and accrued income-5,000
Total141,694133,688
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables59,212101,799
Bank borrowings and overdrafts10,0639,808
Taxation and social security44,22329,625
Finance lease and HP contracts86,72983,669
Other creditors138,849161,239
Accrued liabilities and deferred income14,56912,658
Total353,645398,798
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Finance lease and HP contracts are secured on the assets to which they relate. The bank overdraft facility is secured with two personal guarantees from E N Coulson, a director. The first for £70,000 supported by a first legal mortgage over land owned by E N Coulson and the second for £100,000. The overdraft is also secured by a debenture granted by the company. At the 30 September 2023 the bank overdraft was £Nil (2022 - £Nil).
6.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts18,22528,288
Other creditors160,526131,976
Total178,751160,264
Finance lease and HP contracts equal to £160,526 (2022 - £131,976), are included within other creditors and are secured against the assets to which they relate.
7.Provisions for liabilities
The provision for deferred tax is made up of a liability of accelerated capital allowances of £128,879 (2022 - £93,781) and a deferred tax asset of £26,693 (2022 - £15,447) in respect of tax losses to carry forward.

2023

2022

££
Net deferred tax liability (asset)102,18678,334
Total102,18678,334
8.Operating lease commitments
At 30 September 2023 the company had future minimum lease payments due under non-cancellable operating leases of £750 (2022 - £1,500).