Registered number: 05409922 | ||||||||
FOR THE YEAR ENDED 30/06/2023 | ||||||||
NCL Services Ltd | ||||||||
Chartered Certified Accountants | ||||||||
3 Wood Close | ||||||||
Strensall | ||||||||
York | ||||||||
N Yorks | ||||||||
YO32 5YH |
J C TURNBULL BUILDING CONTRACTOR LTD | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/06/2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
N Yorks | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 05409922 | ||||||||
ACCOUNTANTS | ||||||||
NCL Services Ltd | ||||||||
Chartered Certified Accountants | ||||||||
3 Wood Close | ||||||||
Strensall | ||||||||
York | ||||||||
N Yorks | ||||||||
YO32 5YH |
J C TURNBULL BUILDING CONTRACTOR LTD | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 2 | |||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 4 | |||||||||
114,396 | 110,833 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS / (LIABILITIES) | (9,663) | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 38,677 | 42,091 | |||||||
NET ASSETS / (LIABILITIES) | ( | |||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 2,436 | (38,156) | ||||||||
SHAREHOLDERS' FUNDS | ( | |||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
J C TURNBULL BUILDING CONTRACTOR LTD | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/06/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 25% | |||||||
Commercial Vehicles | reducing balance 25% |
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
1d. Goodwill | ||||||||
J C TURNBULL BUILDING CONTRACTOR LTD | ||||||||
2. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 01/07/2022 | 20,000 | 20,000 | ||
At 30/06/2023 | 20,000 | 20,000 | ||
Depreciation | ||||
At 01/07/2022 | 17,000 | 17,000 | ||
For the year | 1,000 | 1,000 | ||
At 30/06/2023 | 18,000 | 18,000 | ||
Net Book Amounts | ||||
At 30/06/2023 | ||||
At 30/06/2022 | ||||
3. TANGIBLE FIXED ASSETS | ||||||||
Plant and | Commercial | |||||||
Machinery | Vehicles | Equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/07/2022 | 22,929 | 13,007 | 829 | 36,765 | ||||
Additions | 4,500 | 8,250 | - | 12,750 | ||||
Disposals | (2,446) | - | - | (2,446) | ||||
At 30/06/2023 | 24,983 | 21,257 | 829 | 47,069 | ||||
Depreciation | ||||||||
At 01/07/2022 | 15,349 | 9,987 | 829 | 26,165 | ||||
Disposals | (1,721) | - | - | (1,721) | ||||
For the year | 2,840 | 2,820 | - | 5,660 | ||||
At 30/06/2023 | 16,468 | 12,807 | 829 | 30,104 | ||||
Net Book Amounts | ||||||||
At 30/06/2023 | 16,965 | |||||||
At 30/06/2022 | 10,600 | |||||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 63,674 | 58,445 | ||||||
Directors Loan Account | 47,922 | 48,938 | ||||||
111,596 | 107,383 | |||||||
Trade Debtors include £ 35,005 ( 2022 - £ 35,005 ) owed to the Company in respect of services provided to the Directors of the Company. | ||||||||
J C TURNBULL BUILDING CONTRACTOR LTD | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 15,010 | 18,691 | ||||||
VAT | 38,976 | 44,272 | ||||||
PAYE control | 18,734 | 7,403 | ||||||
Bank loans and overdrafts | 1,337 | 499 | ||||||
Bank Loan | 5,940 | 5,940 | ||||||
Hire Purchase Account | 1,350 | 3,990 | ||||||
Trade creditors | 10,899 | 39,701 | ||||||
92,246 | 120,496 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | 35,987 | 41,426 | ||||||
Hire Purchase >1yr | 2,690 | 665 | ||||||
38,677 | 42,091 | |||||||
7. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 6 | |||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
2 | 2 | |||||||
2 | 2 | |||||||