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REGISTERED NUMBER: 03754395 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

C.Y. CONSTRUCTION LIMITED

C.Y. CONSTRUCTION LIMITED (REGISTERED NUMBER: 03754395)

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


C.Y. CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: Mr S B Causer
Mr M Young





SECRETARY: Mr M Young





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 03754395 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

C.Y. CONSTRUCTION LIMITED (REGISTERED NUMBER: 03754395)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 904 1,206

CURRENT ASSETS
Debtors 5 897,552 237,533

CREDITORS
Amounts falling due within one year 6 891,091 442,517
NET CURRENT ASSETS/(LIABILITIES) 6,461 (204,984 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,365

(203,778

)

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 7,265 (203,878 )
SHAREHOLDERS' FUNDS 7,365 (203,778 )

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 directors acknowledge their 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.

C.Y. CONSTRUCTION LIMITED (REGISTERED NUMBER: 03754395)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by:




Mr M Young - Director



Mr S B Causer - Director


C.Y. CONSTRUCTION LIMITED (REGISTERED NUMBER: 03754395)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

C.y. Construction Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

C.Y. CONSTRUCTION LIMITED (REGISTERED NUMBER: 03754395)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 November 2022
and 31 October 2023 66,904 2,018 8,600 77,522
DEPRECIATION
At 1 November 2022 66,310 1,991 8,015 76,316
Charge for year 149 7 146 302
At 31 October 2023 66,459 1,998 8,161 76,618
NET BOOK VALUE
At 31 October 2023 445 20 439 904
At 31 October 2022 594 27 585 1,206

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Amounts owed by group undertakings 816,000 150,000
Other debtors 34,077 35,021
Directors' current accounts 47,475 50,956
VAT - 1,556
897,552 237,533

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 24,263 21,777
Trade creditors 2,954 79,152
Amounts owed to group undertakings 733,322 321,573
Tax 10,906 10,204
Social security and other taxes 6,153 5,859
VAT 109,552 -
Other creditors 1,441 1,452
Accrued expenses 2,500 2,500
891,091 442,517

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
100 ordinary shares 1 100 100

C.Y. CONSTRUCTION LIMITED (REGISTERED NUMBER: 03754395)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

31.10.23 31.10.22
£    £   
Mr S B Causer
Balance outstanding at start of year 50,957 198,960
Amounts advanced 47,518 32,249
Amounts repaid (51,000 ) (180,252 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 47,475 50,957