7111184falsebuilding contractors2023-02-012024-01-31http://www.companieshouse.gov.uk/2023-01-31http://www.companieshouse.gov.uk/cd:CompanySecretary12023-02-012024-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-01-31http://www.companieshouse.gov.uk/cd:Director12023-02-012024-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-02-012024-01-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-02-012024-01-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-02-012024-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-01-31http://www.companieshouse.gov.uk/2023-02-012024-01-31http://www.companieshouse.gov.uk/2023-01-31http://www.companieshouse.gov.uk/cd:FRS1022023-02-012024-01-31http://www.companieshouse.gov.uk/2024-01-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-02-012024-01-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-02-012024-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 7111184

Syke Construction Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2024

Prepared By:
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Syke Construction Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2024
DIRECTORS
Mrs J Vevers
SECRETARY
Mrs J Vevers
REGISTERED OFFICE
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 7111184
BANKERS
Barclays Bank Plc
ACCOUNTANTS
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Syke Construction Limited

ACCOUNTS
FOR THEYEARENDED31/01/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Syke Construction Limited

BALANCE SHEET AT 31/01/2024
20242023
Notes££
FIXED ASSETS
Tangible assets210,37113,827
CURRENT ASSETS
Stock47,43756,453
Debtors445,08679,943
Cash at bank and in hand115,89057,750
208,413194,146
CREDITORS: Amounts falling due within one year5224,327257,194
NET CURRENT LIABILITIES(15,914)(63,048)
TOTAL ASSETS LESS CURRENT LIABILITIES(5,543)(49,221)
CREDITORS: Amounts falling due after more than one year630,094-
NET LIABILITIES(35,637)(49,221)
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account(35,737)(49,321)
SHAREHOLDERS' FUNDS(35,637)(49,221)
For the year ending 31/01/2024 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 06/09/2024 and signed on their behalf by
.............................
Mrs J Vevers
Director

Syke Construction Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Computer Equipmentreducing balance 25%
Motor Vehiclesreducing balance 25%
1c. Stocks
Stocks are valued at the lower of cost and net estimated selling price less selling costs. Cost is based on average cost. For work in progress, cost is taken as the production cost which includes a proportion of attributable overheads.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. Turnover is recognised upon the provsion of services and despatch of goods.

Syke Construction Limited

2. TANGIBLE FIXED ASSETS
Plant andComputer
MachineryEquipmentMotor VehiclesTotal
££££
Cost
At 01/02/202323,5121,30547,30072,117
At 31/01/202423,5121,30547,30072,117
Depreciation
At 01/02/202316,5391,20840,54358,290
For the year1,743241,6893,456
At 31/01/202418,2821,23242,23261,746
Net Book Amounts
At 31/01/20245,230735,06810,371
At 31/01/20236,973976,75713,827
3. STOCK 20242023
££
Stock comprises:
Work in progress47,43756,453
47,43756,453
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors45,08668,489
VAT-11,454
45,08679,943

Syke Construction Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
VAT4,492-
Other tax and social security creditors4,4445,132
Directors current account166,900178,887
Bank loans (unsecured)5,55541,204
Trade creditors40,73629,771
Accruals2,2002,200
224,327257,194
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr30,094-
30,094-
7. EMPLOYEES
20242023
No.No.
Average number of employees1011
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. RELATED PARTY TRANSACTIONS
A salary of £9,644 was paid to the director during the year (2023 - £9,054).
At the balance sheet date the company owed £166,900 (2023 - £178,887) to the director. This amount is unsecured, interest free and repayable on demand.