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REGISTERED NUMBER: 14486985 (England and Wales)















Unaudited Financial Statements

for the Period 15 November 2022 to 30 November 2023

for

Abbey Construction (Beeston) Limited

Abbey Construction (Beeston) Limited (Registered number: 14486985)






Contents of the Financial Statements
for the Period 15 November 2022 to 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Abbey Construction (Beeston) Limited

Company Information
for the Period 15 November 2022 to 30 November 2023







DIRECTORS: Mrs R S Muggridge
Mrs S Tomlinson
Mr P M Tomlinson
Miss L E Tomlinson





REGISTERED OFFICE: The Old Manor House
3 West End
Beeston
Nottinghamshire
NG9 1GL





REGISTERED NUMBER: 14486985 (England and Wales)





ACCOUNTANTS: Franklins
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

Abbey Construction (Beeston) Limited (Registered number: 14486985)

Balance Sheet
30 November 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 21,765
Investment property 5 425,965
447,730

CURRENT ASSETS
Debtors 6 12,356
Cash at bank 11,944
24,300
CREDITORS
Amounts falling due within one year 7 489,038
NET CURRENT LIABILITIES (464,738 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,008

)

CAPITAL AND RESERVES
Called up share capital 200
Retained earnings (17,208 )
(17,008 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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.

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 9 August 2024 and were signed on its behalf by:




Mr P M Tomlinson - Director


Abbey Construction (Beeston) Limited (Registered number: 14486985)

Notes to the Financial Statements
for the Period 15 November 2022 to 30 November 2023

1. STATUTORY INFORMATION

Abbey Construction (Beeston) 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 as modified by the revaluation of certain assets.

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 etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 .

Abbey Construction (Beeston) Limited (Registered number: 14486985)

Notes to the Financial Statements - continued
for the Period 15 November 2022 to 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
Additions 29,020
At 30 November 2023 29,020
DEPRECIATION
Charge for period 7,255
At 30 November 2023 7,255
NET BOOK VALUE
At 30 November 2023 21,765

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 425,965
At 30 November 2023 425,965
NET BOOK VALUE
At 30 November 2023 425,965

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2023 425,965

If the investment property had not been revalued it would have been included at the following historical cost:

£   
Cost 425,965

Investment property was valued on an open market basis on 30 November 2023 by Directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 164
VAT 10,840
Prepayments and accrued income 1,352
12,356

Abbey Construction (Beeston) Limited (Registered number: 14486985)

Notes to the Financial Statements - continued
for the Period 15 November 2022 to 30 November 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 23,283
Other creditors 459,724
CIS Liability 3,031
Accruals and deferred income 3,000
489,038

8. RELATED PARTY DISCLOSURES

The balance outstanding on interest free loans provided by the parent company amounted to £459,724 Cr.