Company Registration No. 14540746 (England and Wales)
1st Choice Carpentry & Building Ltd
Unaudited accounts
for the year ended 31 December 2023
1st Choice Carpentry & Building Ltd
Unaudited accounts
Contents
1st Choice Carpentry & Building Ltd
Company Information
for the year ended 31 December 2023
Company Number
14540746 (England and Wales)
Registered Office
196 Highbridge Road
Sutton Coldfield
West Midlands
B73 5QT
Accountants
R M Accountancy Services Ltd
The Old Post Office
137-139 Long Street
Dordon
Staffordshire
B78 1SH
1st Choice Carpentry & Building Ltd
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
3,283
Creditors: amounts falling due within one year
(9,924)
Net current liabilities
(6,641)
Called up share capital
10
Profit and loss account
1,267
For the year ending 31 December 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 12 September 2024 and were signed on its behalf by
S Haynes
Director
Company Registration No. 14540746
1st Choice Carpentry & Building Ltd
Notes to the Accounts
for the year ended 31 December 2023
1st Choice Carpentry & Building Ltd is a private company, limited by shares, registered in England and Wales, registration number 14540746. The registered office is 196 Highbridge Road, Sutton Coldfield, West Midlands, B73 5QT.
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 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Reducing Balance
The accounts are presented in £ sterling.
4
Tangible fixed assets
Motor vehicles
1st Choice Carpentry & Building Ltd
Notes to the Accounts
for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023
Obligations under finance leases and hire purchase contracts
6,434
Taxes and social security
4,280
Loans from directors
(1,550)
6
Average number of employees
During the year the average number of employees was 1.