Company Registration No. 12519026 (England and Wales)
AR CONSTRUCTION NORTH EAST LTD.
Unaudited accounts
for the year ended 31 March 2024
AR CONSTRUCTION NORTH EAST LTD.
Unaudited accounts
Contents
AR CONSTRUCTION NORTH EAST LTD.
Company Information
for the year ended 31 March 2024
Directors
Mr A Irvine
Mr M Wood
Company Number
12519026 (England and Wales)
Registered Office
2 GRESFORD CLOSE
HEBBURN
NE31 2BL
ENGLAND
Accountants
Genesis Accountants
G27 Amber Court
William Armstrong Drive
Newcastle Upon Tyne
NE4 7YA
AR CONSTRUCTION NORTH EAST LTD.
Statement of financial position
as at 31 March 2024
Tangible assets
84,252
75,240
Cash at bank and in hand
17,573
12,531
Creditors: amounts falling due within one year
(101,612)
(137,913)
Net current liabilities
(84,039)
(58,757)
Called up share capital
124
124
Profit and loss account
89
16,359
Shareholders' funds
213
16,483
For the year ending 31 March 2024 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 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 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 of Directors and authorised for issue on 25 April 2024 and were signed on its behalf by
Mr A Irvine
Director
Company Registration No. 12519026
AR CONSTRUCTION NORTH EAST LTD.
Notes to the Accounts
for the year ended 31 March 2024
AR CONSTRUCTION NORTH EAST LTD. is a private company, limited by shares, registered in England and Wales, registration number 12519026. The registered office is 2 GRESFORD CLOSE, HEBBURN, NE31 2BL, ENGLAND.
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 remained unchanged from the previous year, and also 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.
The accounts are presented in £ sterling.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
49,558
70,000
119,558
At 31 March 2024
49,558
107,096
156,654
At 1 April 2023
14,394
29,924
44,318
Charge for the year
8,791
19,293
28,084
At 31 March 2024
23,185
49,217
72,402
At 31 March 2024
26,373
57,879
84,252
At 31 March 2023
35,164
40,076
75,240
Amounts falling due within one year
AR CONSTRUCTION NORTH EAST LTD.
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
15,514
Obligations under finance leases and hire purchase contracts
111,795
114,997
Taxes and social security
5,219
-
Loans from directors
(58,206)
7,402
7
Average number of employees
During the year the average number of employees was 5 (2023: 5).