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REGISTERED NUMBER: 08784303 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

C.I.K. CONSTRUCTION LIMITED

C.I.K. CONSTRUCTION LIMITED (REGISTERED NUMBER: 08784303)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C.I.K. CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: Mr J B Mortlock
Mrs S L Mortlock





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





REGISTERED NUMBER: 08784303 (England and Wales)





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

C.I.K. CONSTRUCTION LIMITED (REGISTERED NUMBER: 08784303)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 198,585 145,717

CURRENT ASSETS
Stocks 5 245,641 181,029
Debtors 6 882,497 757,025
Cash at bank 18,426 71,389
1,146,564 1,009,443
CREDITORS
Amounts falling due within one year 7 599,530 641,842
NET CURRENT ASSETS 547,034 367,601
TOTAL ASSETS LESS CURRENT
LIABILITIES

745,619

513,318

CREDITORS
Amounts falling due after more than one
year

8

(123,526

)

(74,614

)

PROVISIONS FOR LIABILITIES 10 (49,646 ) (27,686 )
NET ASSETS 572,447 411,018

CAPITAL AND RESERVES
Called up share capital 11 200 200
Retained earnings 572,247 410,818
SHAREHOLDERS' FUNDS 572,447 411,018

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

C.I.K. CONSTRUCTION LIMITED (REGISTERED NUMBER: 08784303)

BALANCE SHEET - continued
30 NOVEMBER 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 August 2024 and were signed on its behalf by:





Mrs S L Mortlock - Director


C.I.K. CONSTRUCTION LIMITED (REGISTERED NUMBER: 08784303)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

C.I.K. 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 includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised on a straight-line basis over the specified period unless there is evidence that some other method better represents the stage of completion. When a specific act is much more significant than any other act, revenue recognition is postponed until the significant act is executed. This is stated after trade discounts, other sales taxes and net of VAT.

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 - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Work-in-progress
Work in progress consists of materials and supplies to be consumed in the rendering of services. Work in progress is stated at the lower of cost and net realisable value. Net realisable value is the estimated selling price of the services less the applicable costs of conversion to complete the services and variable selling expenses.

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.

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.

C.I.K. CONSTRUCTION LIMITED (REGISTERED NUMBER: 08784303)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 December 2022 161,993 94,200 256,193
Additions 98,649 33,500 132,149
Disposals (92,000 ) (13,950 ) (105,950 )
At 30 November 2023 168,642 113,750 282,392
DEPRECIATION
At 1 December 2022 80,699 29,777 110,476
Charge for year 30,910 18,737 49,647
Eliminated on disposal (66,609 ) (9,707 ) (76,316 )
At 30 November 2023 45,000 38,807 83,807
NET BOOK VALUE
At 30 November 2023 123,642 74,943 198,585
At 30 November 2022 81,294 64,423 145,717

5. STOCKS
30.11.23 30.11.22
£    £   
Work-in-progress 245,641 181,029

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 828,070 685,359
Other debtors 1,999 1,999
VAT 47,689 64,371
Prepayments and accrued income 4,739 5,296
882,497 757,025

C.I.K. CONSTRUCTION LIMITED (REGISTERED NUMBER: 08784303)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts (see note 9) 10,000 10,000
Hire purchase contracts 46,668 17,349
Trade creditors 421,552 505,234
Tax 92,448 74,780
Social security and other taxes 18,580 23,156
Net wages - 1,338
Pension 1,840 2,935
Accrued expenses 8,442 7,050
599,530 641,842

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans (see note 9) 15,833 25,833
Hire purchase contracts 107,693 48,781
123,526 74,614

9. LOANS

An analysis of the maturity of loans is given below:

30.11.23 30.11.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,000 10,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 10,000 10,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 5,833 15,833

10. PROVISIONS FOR LIABILITIES
30.11.23 30.11.22
£    £   
Deferred tax 49,646 27,686

C.I.K. CONSTRUCTION LIMITED (REGISTERED NUMBER: 08784303)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 December 2022 27,686
Provided during year 21,960
Balance at 30 November 2023 49,646

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 A Ordinary Shares £1 100 100
100 B Ordinary Shares £1 100 100
200 200