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REGISTERED NUMBER: 04635089 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 January 2024

for

CHP Groundworks & Building Contractors
Limited

CHP Groundworks & Building Contractors
Limited (Registered number: 04635089)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHP Groundworks & Building Contractors
Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: Mr Z Hardaker
Mr K C Hardaker





REGISTERED OFFICE: 18 Wesley Street
Castleford
West Yorkshire
WF10 1AE





REGISTERED NUMBER: 04635089 (England and Wales)





ACCOUNTANTS: AccountsAide
18 Wesley Street
Castleford
West Yorkshire
WF10 1AE

CHP Groundworks & Building Contractors
Limited (Registered number: 04635089)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,493 1,493

CURRENT ASSETS
Stocks 250,000 250,000
Debtors 5 165 1,095
250,165 251,095
CREDITORS
Amounts falling due within one year 6 241,181 211,488
NET CURRENT ASSETS 8,984 39,607
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,477

41,100

CREDITORS
Amounts falling due after more than one
year

7

26,348

33,531
NET (LIABILITIES)/ASSETS (15,871 ) 7,569

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 8 27,498 27,498
Retained earnings (43,370 ) (19,930 )
SHAREHOLDERS' FUNDS (15,871 ) 7,569

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

CHP Groundworks & Building Contractors
Limited (Registered number: 04635089)

Balance Sheet - continued
31 January 2024


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 10 July 2024 and were signed on its behalf by:





Mr K C Hardaker - Director


CHP Groundworks & Building Contractors
Limited (Registered number: 04635089)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

CHP Groundworks & Building Contractors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 or 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.

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.

CHP Groundworks & Building Contractors
Limited (Registered number: 04635089)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
Store machinery vehicles equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 1 February 2023
and 31 January 2024 1,473 109,904 15,000 3,064 129,441
DEPRECIATION
At 1 February 2023
and 31 January 2024 - 109,886 14,999 3,063 127,948
NET BOOK VALUE
At 31 January 2024 1,473 18 1 1 1,493
At 31 January 2023 1,473 18 1 1 1,493

Cost or valuation at 31 January 2024 is represented by:

Plant and Motor Computer
Store machinery vehicles equipment Totals
£    £    £    £    £   
Valuation in 2018 - 12,500 15,000 - 27,500
Cost 1,473 97,404 - 3,064 101,941
1,473 109,904 15,000 3,064 129,441

If Plant and Vehicles had not been revalued they would have been included at the following historical cost:

31.1.24 31.1.23
£    £   
Cost 126,582 126,582
Aggregate depreciation 109,535 109,535

Plant and Vehicles were valued on an open market basis on 9 March 2017 by Burnley Savings & Loans /Fenton Finance .

CHP Groundworks & Building Contractors
Limited (Registered number: 04635089)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST OR VALUATION
At 1 February 2023
and 31 January 2024 27,500 15,000 42,500
DEPRECIATION
At 1 February 2023
and 31 January 2024 27,497 14,999 42,496
NET BOOK VALUE
At 31 January 2024 3 1 4
At 31 January 2023 3 1 4

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 165 1,095

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 127,932 121,867
Hire purchase contracts 11,659 13,551
Trade creditors 1,885 1,650
Taxation and social security 13,428 13,491
Other creditors 86,277 60,929
241,181 211,488

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 13,333 15,000
Hire purchase contracts 13,015 18,531
26,348 33,531

8. RESERVES
Revaluation
reserve
£   
At 1 February 2023
and 31 January 2024 27,498