Company Registration No. 06852471 (England and Wales)
Front Row Construction (East Midlands) Limited
Unaudited accounts
for the year ended 31 March 2023
Front Row Construction (East Midlands) Limited
Unaudited accounts
Contents
Front Row Construction (East Midlands) Limited
Company Information
for the year ended 31 March 2023
Directors
Matthew Brooks
Nichola Kempin
Stuart Kempin
James Long
James Wright
Company Number
06852471 (England and Wales)
Registered Office
Parkdene
Wilton Road
Melton Mowbray
Leicestershire
LE13 0UJ
Front Row Construction (East Midlands) Limited
Statement of financial position
as at 31 March 2023
Intangible assets
9,000
10,500
Tangible assets
99,501
132,668
Inventories
166,900
166,900
Cash at bank and in hand
-
135,877
Creditors: amounts falling due within one year
(1,235,102)
(832,553)
Net current liabilities
(725,735)
(233,604)
Total assets less current liabilities
(617,234)
(90,436)
Creditors: amounts falling due after more than one year
-
(200,000)
Net liabilities
(617,234)
(290,436)
Called up share capital
100
102
Profit and loss account
(617,334)
(290,538)
Shareholders' funds
(617,234)
(290,436)
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2024 and were signed on its behalf by
Stuart Kempin
Director
Company Registration No. 06852471
Front Row Construction (East Midlands) Limited
Notes to the Accounts
for the year ended 31 March 2023
Front Row Construction (East Midlands) Limited is a private company, limited by shares, registered in England and Wales, registration number 06852471. The registered office is Parkdene, Wilton Road, Melton Mowbray, Leicestershire, LE13 0UJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% RB
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 April 2022
30,000
22,500
52,500
At 31 March 2023
30,000
22,500
52,500
At 1 April 2022
19,500
22,500
42,000
Charge for the year
1,500
-
1,500
At 31 March 2023
21,000
22,500
43,500
At 31 March 2023
9,000
-
9,000
At 31 March 2022
10,500
-
10,500
Front Row Construction (East Midlands) Limited
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
313,869
234,418
24,680
572,967
At 31 March 2023
313,869
234,418
24,680
572,967
At 1 April 2022
239,588
178,310
22,401
440,299
Charge for the year
18,125
14,027
1,015
33,167
At 31 March 2023
257,713
192,337
23,416
473,466
At 31 March 2023
56,156
42,081
1,264
99,501
At 31 March 2022
74,281
56,108
2,279
132,668
Amounts falling due within one year
Amounts due from group undertakings etc.
95,423
-
Other debtors
247,044
124,753
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
261,888
90,627
Obligations under finance leases and hire purchase contracts
25,374
30,019
Trade creditors
309,857
131,549
Amounts owed to group undertakings and other participating interests
241,205
253,398
Taxes and social security
35,836
67,273
Loans from directors
179,958
179,956
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 19 (2022: 19).