Company Registration No. 09885368 (England and Wales)
FUTURE CONSTRUCTION KENT LTD
Unaudited accounts
for the year ended 30 November 2023
FUTURE CONSTRUCTION KENT LTD
Unaudited accounts
Contents
FUTURE CONSTRUCTION KENT LTD
Company Information
for the year ended 30 November 2023
Company Number
09885368 (England and Wales)
Registered Office
Unit 7 Hedge End Industrial Estate
Shuart Lane
St. Nicholas At Wade, Birchington
Kent
CT7 0NB
ENGLAND
Accountants
AXIS CLOUD ACCOUNTING LIMITED
MARLOWE INNOVATION CENTRE
MARLOWE WAY
RAMSGATE
KENT
CT12 6FA
FUTURE CONSTRUCTION KENT LTD
Statement of financial position
as at 30 November 2023
Tangible assets
52,175
48,321
Cash at bank and in hand
8,484
5,684
Creditors: amounts falling due within one year
(318,075)
(273,218)
Net current assets
126,424
89,345
Total assets less current liabilities
178,599
137,666
Creditors: amounts falling due after more than one year
(96,257)
(108,970)
Called up share capital
10
10
Profit and loss account
82,332
28,686
Shareholders' funds
82,342
28,696
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 August 2024 and were signed on its behalf by
KYLE JOHN WRIGHT
Director
Company Registration No. 09885368
FUTURE CONSTRUCTION KENT LTD
Notes to the Accounts
for the year ended 30 November 2023
FUTURE CONSTRUCTION KENT LTD is a private company, limited by shares, registered in England and Wales, registration number 09885368. The registered office is Unit 7 Hedge End Industrial Estate, Shuart Lane, St. Nicholas At Wade, Birchington, Kent, CT7 0NB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
50% Straight Line
Motor vehicles
50% Straight Line
Fixtures & fittings
50% Straight Line
Computer equipment
50% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
FUTURE CONSTRUCTION KENT LTD
Notes to the Accounts
for the year ended 30 November 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
15,900
93,131
417
109,448
Additions
32,315
3,000
-
35,315
Disposals
(1,400)
-
-
(1,400)
At 30 November 2023
46,815
96,131
417
143,363
At 1 December 2022
15,371
45,339
417
61,127
Charge for the year
10,569
19,492
-
30,061
At 30 November 2023
25,940
64,831
417
91,188
At 30 November 2023
20,875
31,300
-
52,175
At 30 November 2022
529
47,792
-
48,321
Amounts falling due within one year
Amounts due from group undertakings etc.
63,515
58,401
Accrued income and prepayments
367,500
290,000
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
65,122
84,113
Obligations under finance leases and hire purchase contracts
10,941
7,195
Trade creditors
107,504
82,941
Taxes and social security
46,972
38,586
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
19,968
-
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
FUTURE CONSTRUCTION KENT LTD
Notes to the Accounts
for the year ended 30 November 2023
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).