IRIS Accounts Production v23.4.0.336 05878224 director 1.11.22 31.10.23 31.10.23 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh058782242022-10-31058782242023-10-31058782242022-11-012023-10-31058782242021-10-31058782242021-11-012022-10-31058782242022-10-3105878224ns15:EnglandWales2022-11-012023-10-3105878224ns14:PoundSterling2022-11-012023-10-3105878224ns10:Director12022-11-012023-10-3105878224ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3105878224ns10:SmallEntities2022-11-012023-10-3105878224ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3105878224ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3105878224ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3105878224ns10:FullAccounts2022-11-012023-10-3105878224ns10:OrdinaryShareClass12022-11-012023-10-3105878224ns10:OrdinaryShareClass22022-11-012023-10-3105878224ns10:CompanySecretary12022-11-012023-10-3105878224ns10:RegisteredOffice2022-11-012023-10-3105878224ns5:CurrentFinancialInstruments2022-10-3105878224ns5:CurrentFinancialInstruments2023-10-3105878224ns5:Non-currentFinancialInstruments2022-10-3105878224ns5:Non-currentFinancialInstruments2023-10-3105878224ns5:ShareCapital2022-10-3105878224ns5:ShareCapital2023-10-3105878224ns5:CapitalRedemptionReserve2022-10-3105878224ns5:CapitalRedemptionReserve2023-10-3105878224ns5:RetainedEarningsAccumulatedLosses2022-10-3105878224ns5:RetainedEarningsAccumulatedLosses2023-10-3105878224ns5:PlantMachinery2022-11-012023-10-3105878224ns5:PlantMachinery2022-10-3105878224ns5:PlantMachinery2023-10-3105878224ns5:PlantMachinery2022-10-3105878224ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-10-3105878224ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-11-012023-10-3105878224ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-10-3105878224ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-10-3105878224ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3105878224ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3105878224ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3105878224ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3105878224ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-10-3105878224ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2022-10-3105878224ns5:HirePurchaseContracts2023-10-3105878224ns5:HirePurchaseContracts2022-10-3105878224ns10:OrdinaryShareClass12023-10-3105878224ns10:OrdinaryShareClass22023-10-31
REGISTERED NUMBER: 05878224 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 October 2023

for

A & L Mechanical & Building Services Ltd

A & L Mechanical & Building Services Ltd (Registered number: 05878224)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A & L Mechanical & Building Services Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTOR: A J Golden





SECRETARY: A J Golden





REGISTERED OFFICE: Unit 20 Beehive Works
Beehive Lane
Chelmsford
Essex
CM2 9JY





REGISTERED NUMBER: 05878224 (England and Wales)





ACCOUNTANTS: NSO Associates LLP
75 Springfield Road
Chelmsford
Essex
CM2 6JB

A & L Mechanical & Building Services Ltd (Registered number: 05878224)

Balance Sheet
31 October 2023

31.10.22 31.10.23
£    £    Notes £    £   
FIXED ASSETS
175,371 Tangible assets 4 207,428

CURRENT ASSETS
6,000 Stocks 4,800
100,923 Debtors 5 247,655
53,507 Cash at bank and in hand 268,207
160,430 520,662
CREDITORS
116,998 Amounts falling due within one year 6 428,247
43,432 NET CURRENT ASSETS 92,415
218,803 TOTAL ASSETS LESS CURRENT
LIABILITIES

299,843

CREDITORS
(85,661 ) Amounts falling due after more than one
year

7

(117,025

)

(31,932 ) PROVISIONS FOR LIABILITIES (50,359 )
101,210 NET ASSETS 132,459

CAPITAL AND RESERVES
150 Called up share capital 9 150
150 Capital redemption reserve 150
100,910 Retained earnings 132,159
101,210 SHAREHOLDERS' FUNDS 132,459

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

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

A & L Mechanical & Building Services Ltd (Registered number: 05878224)

Balance Sheet - continued
31 October 2023


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

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 20 March 2024 and were signed by:





A J Golden - Director


A & L Mechanical & Building Services Ltd (Registered number: 05878224)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

A & L Mechanical & Building Services 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.

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 net invoiced work done and services, excluding value added tax and also recognises work carried out up to, but not invoiced, at the balance sheet date where the company has obtained the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance, 15% on reducing balance and over the lease term

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

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 debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.


A & L Mechanical & Building Services Ltd (Registered number: 05878224)

Notes to the Financial Statements - continued
for the Year Ended 31 October 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 339,575
Additions 137,285
Disposals (65,269 )
At 31 October 2023 411,591
DEPRECIATION
At 1 November 2022 164,204
Charge for year 69,237
Eliminated on disposal (29,278 )
At 31 October 2023 204,163
NET BOOK VALUE
At 31 October 2023 207,428
At 31 October 2022 175,371

A & L Mechanical & Building Services Ltd (Registered number: 05878224)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 November 2022 121,314
Additions 80,310
Disposals (21,250 )
Transfer to ownership (7,099 )
At 31 October 2023 173,275
DEPRECIATION
At 1 November 2022 52,176
Charge for year 36,034
Eliminated on disposal (17,266 )
Transfer to ownership (5,768 )
At 31 October 2023 65,176
NET BOOK VALUE
At 31 October 2023 108,099
At 31 October 2022 69,138

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 235,646 86,487
Other debtors 12,009 14,436
247,655 100,923

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts (see note 8) 33,785 18,400
Trade creditors 221,052 47,391
Taxation and social security 95,889 15,437
Other creditors 67,521 25,770
428,247 116,998

A & L Mechanical & Building Services Ltd (Registered number: 05878224)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans 19,167 29,167
Hire purchase contracts (see note 8) 97,858 56,494
117,025 85,661

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.10.23 31.10.22
£    £   
Net obligations repayable:
Within one year 33,785 18,400
Between one and five years 97,858 56,494
131,643 74,894

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
50 Ordinary A £1 50 50
100 Ordinary B £1 100 100
150 150