0 false false false false false false false false false true false false false false false true 2022-05-01 Sage Accounts Production Advanced 2021 - FRS102_2021 36,886 35,531 271 35,802 1,084 1,355 xbrli:pure xbrli:shares iso4217:GBP NI068747 2022-05-01 2023-04-30 NI068747 2023-04-30 NI068747 2022-04-30 NI068747 2022-04-30 NI068747 core:PlantMachinery 2022-05-01 2023-04-30 NI068747 bus:Director1 2022-05-01 2023-04-30 NI068747 bus:Director2 2022-05-01 2023-04-30 NI068747 core:PlantMachinery 2022-04-30 NI068747 core:PlantMachinery 2023-04-30 NI068747 core:WithinOneYear 2023-04-30 NI068747 core:WithinOneYear 2022-04-30 NI068747 core:ShareCapital 2023-04-30 NI068747 core:ShareCapital 2022-04-30 NI068747 core:RetainedEarningsAccumulatedLosses 2023-04-30 NI068747 core:RetainedEarningsAccumulatedLosses 2022-04-30 NI068747 core:PlantMachinery 2022-04-30 NI068747 bus:SmallEntities 2022-05-01 2023-04-30 NI068747 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 NI068747 bus:FullAccounts 2022-05-01 2023-04-30 NI068747 bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 NI068747 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30
COMPANY REGISTRATION NUMBER: NI068747
Hughes Building Contractors Limited
Filleted Unaudited Financial Statements
30 April 2023
Hughes Building Contractors Limited
Statement of Financial Position
30 April 2023
2023
2022
Note
£
£
£
Fixed assets
Tangible assets
4
1,084
1,355
Current assets
Stocks
137,856
137,856
Creditors: amounts falling due within one year
5
173,622
173,134
---------
---------
Net current liabilities
35,766
35,278
--------
--------
Total assets less current liabilities
( 34,682)
( 33,923)
--------
--------
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss account
( 35,682)
( 34,923)
--------
--------
Shareholders deficit
( 34,682)
( 33,923)
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 16 April 2024 , and are signed on behalf of the board by:
Mr Hughes
Mrs A Hughes
Director
Secretary
Company registration number: NI068747
Hughes Building Contractors Limited
Notes to the Financial Statements
Year ended 30 April 2023
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 11 Dressoge Road, Maguiresbridge, Co Fermanagh, BT94 4LJ. The principal activity of the company during the year was property development.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
20% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
4. Tangible assets
Plant and machinery
Total
£
£
Cost
At 1 May 2022 and 30 April 2023
36,886
36,886
--------
--------
Depreciation
At 1 May 2022
35,531
35,531
Charge for the year
271
271
--------
--------
At 30 April 2023
35,802
35,802
--------
--------
Carrying amount
At 30 April 2023
1,084
1,084
--------
--------
At 30 April 2022
1,355
1,355
--------
--------
5. Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
489
464
Other creditors
173,133
172,670
---------
---------
173,622
173,134
---------
---------
6. Directors' advances, credits and guarantees
The aggregate balance due to the directors at the year end was £173,133 (2022: £172,670).