IRIS Accounts Production v24.1.0.578 14277663 Board of Directors Board of Directors 4.8.22 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh142776632022-08-03142776632023-12-31142776632022-08-042023-12-31142776632022-08-0314277663ns15:EnglandWales2022-08-042023-12-3114277663ns14:PoundSterling2022-08-042023-12-3114277663ns10:Director12022-08-042023-12-3114277663ns10:Director22022-08-042023-12-3114277663ns10:PrivateLimitedCompanyLtd2022-08-042023-12-3114277663ns10:SmallEntities2022-08-042023-12-3114277663ns10:AuditExempt-NoAccountantsReport2022-08-042023-12-3114277663ns10:SmallCompaniesRegimeForDirectorsReport2022-08-042023-12-3114277663ns10:SmallCompaniesRegimeForAccounts2022-08-042023-12-3114277663ns10:AbridgedAccounts2022-08-042023-12-311427766312022-08-042023-12-3114277663ns10:RegisteredOffice2022-08-042023-12-3114277663ns5:CurrentFinancialInstruments2023-12-3114277663ns5:ShareCapital2023-12-3114277663ns5:RetainedEarningsAccumulatedLosses2023-12-3114277663ns5:NetGoodwill2022-08-042023-12-3114277663ns5:PlantMachinery2022-08-042023-12-3114277663ns5:FurnitureFittings2022-08-042023-12-3114277663ns5:MotorVehicles2022-08-042023-12-31
REGISTERED NUMBER: 14277663 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 4 AUGUST 2022 TO 31 DECEMBER 2023

FOR

CLEETHORPE BUILDERS MERCHANTS LTD

CLEETHORPE BUILDERS MERCHANTS LTD (REGISTERED NUMBER: 14277663)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 4 AUGUST 2022 TO 31 DECEMBER 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CLEETHORPE BUILDERS MERCHANTS LTD

COMPANY INFORMATION
FOR THE PERIOD 4 AUGUST 2022 TO 31 DECEMBER 2023







DIRECTORS: Mr R E Aisthorpe
Miss H M Kerr





REGISTERED OFFICE: Neptune Street
CLEETHORPES
DN35 8BE





REGISTERED NUMBER: 14277663 (England and Wales)





ACCOUNTANTS: Smethurst & Co LLP
12 Abbey Road
GRIMSBY
DN32 0HL

CLEETHORPE BUILDERS MERCHANTS LTD (REGISTERED NUMBER: 14277663)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

Notes £    £   
FIXED ASSETS
Intangible assets 4 103,473
Tangible assets 5 147,160
Investments 6 100
250,733

CURRENT ASSETS
Stocks 216,475
Debtors 186,528
Cash at bank and in hand 108,388
511,391
CREDITORS
Amounts falling due within one year 684,884
NET CURRENT LIABILITIES (173,493 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,240

PROVISIONS FOR LIABILITIES 15,263
NET ASSETS 61,977

CAPITAL AND RESERVES
Allotted, called up and
fully paid share capital 100
Profit and loss account 61,877
SHAREHOLDERS' FUNDS 61,977

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

CLEETHORPE BUILDERS MERCHANTS LTD (REGISTERED NUMBER: 14277663)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2023


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 Balance Sheet for the period ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 April 2024 and were signed on its behalf by:




Mr R E Aisthorpe - Director



Miss H M Kerr - Director


CLEETHORPE BUILDERS MERCHANTS LTD (REGISTERED NUMBER: 14277663)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 4 AUGUST 2022 TO 31 DECEMBER 2023


1. STATUTORY INFORMATION

Cleethorpe Builders Merchants Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill arising on the acquisition of businesses, represents the excess of the fair value of consideration over the fair value of identifiable assets and liabilities acquired.

Goodwill is amortised in equal instalments over its expected useful life which is estimated at twenty years, except where it has been identified as impaired in the period, in which case it is written down as appropriate

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% Straight Line
Fixtures and fittings - 20% Straight Line
Motor vehicles - 20% Straight Line

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

CLEETHORPE BUILDERS MERCHANTS LTD (REGISTERED NUMBER: 14277663)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 4 AUGUST 2022 TO 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

Investments
Fixed asset investments are shown at cost less provision for impairment. Current asset investments are stated at the lower of cost and net realisable value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 8 .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 108,919
At 31 December 2023 108,919
AMORTISATION
Amortisation for period 5,446
At 31 December 2023 5,446
NET BOOK VALUE

At 31 December 2023 103,473

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 183,950
At 31 December 2023 183,950
DEPRECIATION
Charge for period 36,790
At 31 December 2023 36,790
NET BOOK VALUE
At 31 December 2023 147,160

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
Additions 100
At 31 December 2023 100
NET BOOK VALUE
At 31 December 2023 100