REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 SEPTEMBER 2022 TO 31 MARCH 2023 |
FOR |
BRUV CARPENTRY CONTRACTORS LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 SEPTEMBER 2022 TO 31 MARCH 2023 |
FOR |
BRUV CARPENTRY CONTRACTORS LTD |
BRUV CARPENTRY CONTRACTORS LTD (REGISTERED NUMBER: 10329522) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 SEPTEMBER 2022 TO 31 MARCH 2023 |
Page |
Balance sheet | 1 |
Notes to the financial statements | 2 |
BRUV CARPENTRY CONTRACTORS LTD (REGISTERED NUMBER: 10329522) |
BALANCE SHEET |
31 MARCH 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
Fixed assets |
Intangible assets | 4 |
Tangible assets | 5 |
Current assets |
Debtors | 6 |
Cash at bank |
Creditors |
Amounts falling due within one year | 7 |
Net current assets/(liabilities) | ( |
) |
Total assets less current liabilities |
Provisions for liabilities | 8 |
Net assets |
Capital and reserves |
Called up share capital | 9 |
Retained earnings |
Shareholders' funds |
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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of comprehensive income has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
BRUV CARPENTRY CONTRACTORS LTD (REGISTERED NUMBER: 10329522) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 SEPTEMBER 2022 TO 31 MARCH 2023 |
1. | Statutory information |
Bruv Carpentry Contractors Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 10329522. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH, and business address is 1 Lukers Farm Cottage, Grittenham, Wiltshire, SN15 4JP. |
2. | Accounting policies |
Basis of preparing the financial statements |
Turnover |
Turnover represents income receivable from the supply of carpentry services. |
Goodwill |
Goodwill, being the amount paid in connection with the acquisition of the business in 2017, has been amortised evenly over its estimated useful life of five years. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Plant and machinery | - |
Taxation |
Taxation for the period 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. |
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 period 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. |
Financial instruments |
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities. |
At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate. |
3. | Employees and directors |
The average number of employees during the period was |
BRUV CARPENTRY CONTRACTORS LTD (REGISTERED NUMBER: 10329522) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 SEPTEMBER 2022 TO 31 MARCH 2023 |
4. | Intangible fixed assets |
Goodwill |
£ |
Cost |
At 1 September 2022 |
and 31 March 2023 |
Amortisation |
At 1 September 2022 |
and 31 March 2023 |
Net book value |
At 31 March 2023 |
At 31 August 2022 |
5. | Tangible fixed assets |
Plant and |
machinery |
£ |
Cost |
At 1 September 2022 |
Disposals | ( |
) |
At 31 March 2023 |
Depreciation |
At 1 September 2022 |
Eliminated on disposal | ( |
) |
At 31 March 2023 |
Net book value |
At 31 March 2023 |
At 31 August 2022 |
6. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Other debtors |
Directors' current accounts | - | 2,525 |
7. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Tax |
Directors' current accounts | 83 | - |
Accruals and deferred income |
BRUV CARPENTRY CONTRACTORS LTD (REGISTERED NUMBER: 10329522) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 SEPTEMBER 2022 TO 31 MARCH 2023 |
8. | Provisions for liabilities |
2023 | 2022 |
£ | £ |
Deferred tax | - | 207 |
Deferred |
tax |
£ |
Balance at 1 September 2022 |
Provided during period | ( |
) |
Balance at 31 March 2023 |
9. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary A | £1.00 | 75 | 75 |
Ordinary B | £1.00 | 25 | 25 |
100 | 100 |
10. | Director's advances, credits and guarantees |
The following advances and credits to a director subsisted during the period ended 31 March 2023 and the year ended 31 August 2022: |
2023 | 2022 |
£ | £ |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |
11. | Ultimate controlling party |
The director, Mr G Mander, owns 75% of the voting share capital, so therefore is deemed to have ultimate control. |