CK BUILDING SUPPLIES LTD

Company Registration Number:
07194781 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

CK BUILDING SUPPLIES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

CK BUILDING SUPPLIES LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 647 55
Total fixed assets: 647 55
Current assets
Stocks: 71,000 63,500
Debtors:   168,522 147,096
Cash at bank and in hand: 125,230 146,994
Total current assets: 364,752 357,590
Creditors: amounts falling due within one year:   (159,720) (140,653)
Net current assets (liabilities): 205,032 216,937
Total assets less current liabilities: 205,679 216,992
Total net assets (liabilities): 205,679 216,992
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 205,579 216,892
Shareholders funds: 205,679 216,992

The notes form part of these financial statements

CK BUILDING SUPPLIES LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 September 2024
and signed on behalf of the board by:

Name: Mr Ian Kirkpatrick
Status: Director

The notes form part of these financial statements

CK BUILDING SUPPLIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Fittings, fixtures and equipment - 25% straight line Motor vehicles - 25% straight line If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

CK BUILDING SUPPLIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

CK BUILDING SUPPLIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 31,451
Additions 915
At 31 March 2024 32,366
Depreciation
At 01 April 2023 31,396
Charge for year 323
At 31 March 2024 31,719
Net book value
At 31 March 2024 647
At 31 March 2023 55

CK BUILDING SUPPLIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Loans to directors

Name of director receiving advance or credit: Mr Ian Kirkpatrick
Description of the loan: Directors advance
£
Balance at 01 April 2023 0
Advances or credits made: 15,000
Balance at 31 March 2024 15,000
Name of director receiving advance or credit: Mrs Clare Kirkpatrick
Description of the loan: Directors advance
£
Balance at 01 April 2023 0
Advances or credits made: 15,000
Balance at 31 March 2024 15,000

The directors loans will be repaid by 31st December 2024.