Company Registration No. 12473159 (England and Wales)
Above & Beyond Design and Build Ltd
Unaudited accounts
for the year ended 31 January 2024
Above & Beyond Design and Build Ltd
Unaudited accounts
Contents
Above & Beyond Design and Build Ltd
Company Information
for the year ended 31 January 2024
Company Number
12473159 (England and Wales)
Registered Office
432 Gloucester Road
Bristol
BS7 8TX
United Kingdom
Accountants
Evans Entwistle
10 Fountain Court, Elm House
New Leaze
Bradley Stoke
Bristol
BS32 4LA
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Above & Beyond Design and Build Ltd
for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Above & Beyond Design and Build Ltd for the year ended 31 January 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
10 Fountain Court, Elm House
New Leaze
Bradley Stoke
Bristol
BS32 4LA
11 March 2024
Above & Beyond Design and Build Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
22,140
29,258
Cash at bank and in hand
26,374
11,262
Creditors: amounts falling due within one year
(5,833)
(7,054)
Net current assets
20,541
4,208
Total assets less current liabilities
42,681
33,466
Creditors: amounts falling due after more than one year
(10,373)
(17,517)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
31,730
14,250
Shareholders' funds
31,731
14,251
For the year ending 31 January 2024 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 director acknowledges his 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 and authorised for issue on 11 March 2024 and were signed on its behalf by
Steve Casey
Director
Company Registration No. 12473159
Above & Beyond Design and Build Ltd
Notes to the Accounts
for the year ended 31 January 2024
Above & Beyond Design and Build Ltd is a private company, limited by shares, registered in England and Wales, registration number 12473159. The registered office is 432 Gloucester Road, Bristol, BS7 8TX, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The financial statements have been prepared on a going concern basis which assumes the Company will be able to realise its assets and discharge its liabilities in the normal course of business for the foreseeable future.
Above & Beyond Design and Build Ltd
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
13,680
23,000
36,680
At 31 January 2024
13,680
23,000
36,680
At 1 February 2023
1,193
6,229
7,422
Charge for the year
1,368
5,750
7,118
At 31 January 2024
2,561
11,979
14,540
At 31 January 2024
11,119
11,021
22,140
At 31 January 2023
12,487
16,771
29,258
5
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
4,304
4,304
Loans from directors
329
-
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
5,152
9,481
Taxes and social security
5,221
-
Loans from directors
-
8,036
7
Deferred taxation
2024
2023
Accelerated capital allowances
577
1,698
Provision at start of year
1,698
171
Charged to the profit and loss account
-
1,527
Credited to other comprehensive income
(1,121)
-
Provision at end of year
577
1,698
Above & Beyond Design and Build Ltd
Notes to the Accounts
for the year ended 31 January 2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).