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REGISTERED NUMBER: 08724807 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 October 2023

for

Temporary Buildings Limited
Trading as
WS Temporary Buildings

Temporary Buildings Limited (Registered number: 08724807)
Trading as WS Temporary Buildings






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


Temporary Buildings Limited (Registered number: 08724807)
Trading as WS Temporary Buildings

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,867,575 2,576,420

CURRENT ASSETS
Stocks 4,123,257 3,953,819
Debtors 5 1,705,690 2,280,948
Cash at bank 481,733 250,598
6,310,680 6,485,365
CREDITORS
Amounts falling due within one year 6 (5,391,093 ) (5,235,332 )
NET CURRENT ASSETS 919,587 1,250,033
TOTAL ASSETS LESS CURRENT LIABILITIES 5,787,162 3,826,453

CREDITORS
Amounts falling due after more than one
year

7

(271,000

)

(538,037

)

PROVISIONS FOR LIABILITIES (1,159,925 ) -
NET ASSETS 4,356,237 3,288,416

CAPITAL AND RESERVES
Called up share capital 200 100
Share premium 579,900 -
Retained earnings 3,776,137 3,288,316
4,356,237 3,288,416

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

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

Temporary Buildings Limited (Registered number: 08724807)
Trading as WS Temporary Buildings

Balance Sheet - continued
31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2024 and were signed on its behalf by:





Mr D K Meir - Director


Temporary Buildings Limited (Registered number: 08724807)
Trading as WS Temporary Buildings

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

1. STATUTORY INFORMATION

Temporary Buildings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08724807

Registered office: Oakfield Manor Farm
Chelford Lane
Over Peover
Knutsford
Cheshire
WA16 8UQ

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, net of VAT and trade discounts.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on delivery of the goods.

Equipment rental income is recognised by reference to the rental agreement made with the hirer.

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 cost and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current and 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.


Temporary Buildings Limited (Registered number: 08724807)
Trading as WS Temporary Buildings

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

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2022 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 November 2022 3,124,504 - 3,124,504
Additions 2,726,724 262,309 2,989,033
Disposals (345,966 ) (56,090 ) (402,056 )
Reclassification/transfer (86,875 ) 86,875 -
At 31 October 2023 5,418,387 293,094 5,711,481
DEPRECIATION
At 1 November 2022 548,084 - 548,084
Charge for year 328,599 42,351 370,950
Eliminated on disposal (73,532 ) (1,596 ) (75,128 )
Reclassification/transfer (8,817 ) 8,817 -
At 31 October 2023 794,334 49,572 843,906
NET BOOK VALUE
At 31 October 2023 4,624,053 243,522 4,867,575
At 31 October 2022 2,576,420 - 2,576,420

Temporary Buildings Limited (Registered number: 08724807)
Trading as WS Temporary Buildings

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 1,631,213 2,217,674
Amounts owed by associates - 31,007
Other debtors 74,477 32,267
1,705,690 2,280,948

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 257,037 273,492
Trade creditors 808,770 1,320,548
Amounts owed to group undertakings - 500,570
Taxation and social security 130,560 160,963
Other creditors 4,184,726 2,969,759
5,391,093 5,235,332

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans 17,500 27,500
Hire purchase contracts 253,500 510,537
271,000 538,037