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REGISTERED NUMBER: 10227838 (England and Wales)





























Unaudited Financial Statements for the Year Ended 31 December 2023

for

Vause Construction (Group) Ltd

Vause Construction (Group) Ltd (Registered number: 10227838)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Vause Construction (Group) Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr Samuel Graham Vause
Mr Graham Vause
Mrs Jane Vause Howarth





REGISTERED OFFICE: Unit 9 Meadow Business Park
Meadow Lane
Bolton
BL2 6PT





REGISTERED NUMBER: 10227838 (England and Wales)





ACCOUNTANTS: DonnellyBentley Limited
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY

Vause Construction (Group) Ltd (Registered number: 10227838)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 134,931 26,945

CURRENT ASSETS
Stocks 205,041 29,400
Debtors 5 531,305 1,118,510
Cash at bank 254,094 133,756
990,440 1,281,666
CREDITORS
Amounts falling due within one year 6 (240,637 ) (316,042 )
NET CURRENT ASSETS 749,803 965,624
TOTAL ASSETS LESS CURRENT
LIABILITIES

884,734

992,569

CREDITORS
Amounts falling due after more than one
year

7

(41,954

)

(51,028

)

PROVISIONS FOR LIABILITIES 8 (719,000 ) (719,000 )
NET ASSETS 123,780 222,541

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 123,680 222,441
SHAREHOLDERS' FUNDS 123,780 222,541

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Vause Construction (Group) Ltd (Registered number: 10227838)

Balance Sheet - continued
31 December 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 21 August 2024 and were signed on its behalf by:





Mr Graham Vause - Director


Vause Construction (Group) Ltd (Registered number: 10227838)

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

1. STATUTORY INFORMATION

Vause Construction (Group) Ltd 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 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
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.

Vause Construction (Group) Ltd (Registered number: 10227838)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 52,745 2,215 - 5,541 60,501
Additions 3,689 - 141,663 1,206 146,558
At 31 December 2023 56,434 2,215 141,663 6,747 207,059
DEPRECIATION
At 1 January 2023 29,379 1,302 - 2,875 33,556
Charge for year 6,128 183 31,589 672 38,572
At 31 December 2023 35,507 1,485 31,589 3,547 72,128
NET BOOK VALUE
At 31 December 2023 20,927 730 110,074 3,200 134,931
At 31 December 2022 23,366 913 - 2,666 26,945

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 124,081 173,893
Other debtors 145,313 668,154
Directors' current accounts 245,217 276,463
Prepayments 16,694 -
531,305 1,118,510

Other debtors includes £121,282 (£627,504 2022) relating to connected companies.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 8,946
Hire purchase contracts 22,769 12,209
Trade creditors 51,358 72,817
Tax - 67,054
VAT 42,860 48,327
Other creditors 109,900 104,139
Accrued expenses 3,750 2,550
240,637 316,042

Other creditors includes £109,280 (£103,399 2022) relating to connected companies.

Vause Construction (Group) Ltd (Registered number: 10227838)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 2-5 years 15,833 27,206
Hire purchase contracts 26,121 23,822
41,954 51,028

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Other provisions 719,000 719,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
Mr Graham Vause
Balance outstanding at start of year 276,463 247,123
Amounts advanced 34,671 29,340
Amounts repaid (65,918 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 245,216 276,463