Company Registration No. 12090859 (England and Wales)
1ST CHOICE BUILDING & INSTALLATIONS LTD
Unaudited accounts
for the year ended 31 July 2023
1ST CHOICE BUILDING & INSTALLATIONS LTD
Unaudited accounts
Contents
1ST CHOICE BUILDING & INSTALLATIONS LTD
Company Information
for the year ended 31 July 2023
Company Number
12090859 (England and Wales)
Registered Office
124 NEWBOLDS ROAD
WOLVERAMPTON
WEST MIDLANDS
WV10 OSF
UNITED KINGDOM
Accountants
Nextin Accountants
38P
Alum Rock Road
Birmingham
West Midlands
B8 1JA
1ST CHOICE BUILDING & INSTALLATIONS LTD
Statement of financial position
as at 31 July 2023
Tangible assets
1,490
2,980
Creditors: amounts falling due within one year
(5,813)
(3,981)
Net current liabilities
(5,813)
(2,808)
Total assets less current liabilities
(4,323)
172
Provisions for liabilities
Net liabilities
(5,018)
(523)
Called up share capital
100
100
Profit and loss account
(5,118)
(623)
Shareholders' funds
(5,018)
(523)
For the year ending 31 July 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 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 8 April 2024 and were signed on its behalf by
Gurjinder SANDHU
Director
Company Registration No. 12090859
1ST CHOICE BUILDING & INSTALLATIONS LTD
Notes to the Accounts
for the year ended 31 July 2023
1ST CHOICE BUILDING & INSTALLATIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 12090859. The registered office is 124 NEWBOLDS ROAD, WOLVERAMPTON, WEST MIDLANDS, WV10 OSF, 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.
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:
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
1ST CHOICE BUILDING & INSTALLATIONS LTD
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
97
107
Taxes and social security
2,991
3,235
Loans from directors
2,125
39
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).