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REGISTERED NUMBER: 02324716 (England and Wales)















CITY DEMOLITION CONTRACTORS (BIRMINGHAM)
LIMITED

Unaudited Financial Statements for the Year Ended 31 August 2023






CITY DEMOLITION CONTRACTORS (BIRMINGHAM)
LIMITED (REGISTERED NUMBER: 02324716)

Contents of the Financial Statements
for the Year Ended 31 August 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

CITY DEMOLITION CONTRACTORS (BIRMINGHAM)
LIMITED

Company Information
for the Year Ended 31 August 2023







DIRECTOR: M Doyle





SECRETARY: M Doyle





REGISTERED OFFICE: City House
56 Redhill Road
Tyseley
Birmingham
West Midlands
B25 8EX





REGISTERED NUMBER: 02324716 (England and Wales)





ACCOUNTANTS: Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB

CITY DEMOLITION CONTRACTORS (BIRMINGHAM)
LIMITED (REGISTERED NUMBER: 02324716)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,805,319 2,754,994

CURRENT ASSETS
Debtors 5 1,144,785 2,607,032
Cash at bank 5,313,724 3,685,325
6,458,509 6,292,357
CREDITORS
Amounts falling due within one year 6 1,598,499 3,198,946
NET CURRENT ASSETS 4,860,010 3,093,411
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,665,329

5,848,405

CREDITORS
Amounts falling due after more than one
year

7

(137,238

)

(434,137

)

PROVISIONS FOR LIABILITIES (693,972 ) (680,921 )
NET ASSETS 6,834,119 4,733,347

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6,834,019 4,733,247
SHAREHOLDERS' FUNDS 6,834,119 4,733,347

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

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.

CITY DEMOLITION CONTRACTORS (BIRMINGHAM)
LIMITED (REGISTERED NUMBER: 02324716)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 July 2024 and were signed by:





M Doyle - Director


CITY DEMOLITION CONTRACTORS (BIRMINGHAM)
LIMITED (REGISTERED NUMBER: 02324716)

Notes to the Financial Statements
for the Year Ended 31 August 2023


1. STATUTORY INFORMATION

City Demolition Contractors (Birmingham) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year 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
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.

CITY DEMOLITION CONTRACTORS (BIRMINGHAM)
LIMITED (REGISTERED NUMBER: 02324716)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 37 (2022 - 37 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Short to Plant and
leasehold property machinery
£    £    £   
COST
At 1 September 2022 15,362 - 3,665,555
Additions - 123,285 353,625
Disposals - - (189,950 )
At 31 August 2023 15,362 123,285 3,829,230
DEPRECIATION
At 1 September 2022 15,362 - 1,177,589
Charge for year - - 369,377
Eliminated on disposal - - (113,043 )
At 31 August 2023 15,362 - 1,433,923
NET BOOK VALUE
At 31 August 2023 - 123,285 2,395,307
At 31 August 2022 - - 2,487,966

CITY DEMOLITION CONTRACTORS (BIRMINGHAM)
LIMITED (REGISTERED NUMBER: 02324716)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023


4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 September 2022 31,408 688,969 4,401,294
Additions - 92,167 569,077
Disposals - - (189,950 )
At 31 August 2023 31,408 781,136 4,780,421
DEPRECIATION
At 1 September 2022 28,035 425,314 1,646,300
Charge for year 506 71,962 441,845
Eliminated on disposal - - (113,043 )
At 31 August 2023 28,541 497,276 1,975,102
NET BOOK VALUE
At 31 August 2023 2,867 283,860 2,805,319
At 31 August 2022 3,373 263,655 2,754,994

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 September 2022
and 31 August 2023 1,689,452
DEPRECIATION
At 1 September 2022 241,751
Charge for year 216,040
At 31 August 2023 457,791
NET BOOK VALUE
At 31 August 2023 1,231,661
At 31 August 2022 1,447,701

CITY DEMOLITION CONTRACTORS (BIRMINGHAM)
LIMITED (REGISTERED NUMBER: 02324716)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 1,064,241 2,024,851
Other debtors 3,700 224,614
Tax - 289,505
Prepayments and accrued income 76,844 68,062
1,144,785 2,607,032

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Hire purchase contracts 296,899 363,030
Trade creditors 393,764 1,946,868
Tax 308,589 -
Social security and other taxes 226,974 128,888
Other creditors 332,654 15,343
Directors' current accounts 39,619 328,257
Accrued expenses - 416,560
1,598,499 3,198,946

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.23 31.8.22
£    £   
Hire purchase contracts 137,238 434,137

8. SECURED DEBTS

The following secured debts are included within creditors:

31.8.23 31.8.22
£    £   
Hire purchase contracts 434,137 797,167

9. ULTIMATE CONTROLLING PARTY

The controlling party is M Doyle.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
City Demolition Contractors (Birmingham)
Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of City Demolition Contractors (Birmingham) Limited for the year ended 31 August 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of City Demolition Contractors (Birmingham) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of City Demolition Contractors (Birmingham) Limited and state those matters that we have agreed to state to the director of City Demolition Contractors (Birmingham) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than City Demolition Contractors (Birmingham) Limited and its director for our work or for this report.

It is your duty to ensure that City Demolition Contractors (Birmingham) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of City Demolition Contractors (Birmingham) Limited. You consider that City Demolition Contractors (Birmingham) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of City Demolition Contractors (Birmingham) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB


7 August 2024