Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30false2022-12-01Contractors10falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08780811 2022-12-01 2023-11-30 08780811 2021-12-01 2022-11-30 08780811 2023-11-30 08780811 2022-11-30 08780811 c:Director1 2022-12-01 2023-11-30 08780811 d:CurrentFinancialInstruments 2023-11-30 08780811 d:CurrentFinancialInstruments 2022-11-30 08780811 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 08780811 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 08780811 d:ShareCapital 2023-11-30 08780811 d:ShareCapital 2022-11-30 08780811 d:RetainedEarningsAccumulatedLosses 2023-11-30 08780811 d:RetainedEarningsAccumulatedLosses 2022-11-30 08780811 c:FRS102 2022-12-01 2023-11-30 08780811 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 08780811 c:FullAccounts 2022-12-01 2023-11-30 08780811 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 08780811 2 2022-12-01 2023-11-30 08780811 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 08780811









FRESHBUILD LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
FRESHBUILD LIMITED
REGISTERED NUMBER: 08780811

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2023
2022
2022
Note
£
£
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
24,684
6,214

Cash at bank and in hand
 5 
2,633
10,606

  
27,317
16,820

Creditors: amounts falling due within one year
 6 
(10,508)
(11,715)

Net current assets
  
 
 
16,809
 
 
5,105

Total assets less current liabilities
  
16,809
5,105

  

Net assets
  
16,809
5,105


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
16,799
5,095

  
16,809
5,105


Page 1

 
FRESHBUILD LIMITED
REGISTERED NUMBER: 08780811
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 September 2024.




F J Raymond
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
FRESHBUILD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Freshbuild Limited is a private company, limited by shares, with a registration number 08780811. The registered address is Shalimar, Cricket Ground Road, Chislehurst, Kent, BR7 5HD. The principal activity is that of a building contractor.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

The financial statements are presented in pounds sterling which is the functional currency of the company, rounded to the nearest £.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
FRESHBUILD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

2023
2022
£
£

Wages and salaries
17,557
-

Social security costs
1,943
-

19,500
-


The average monthly number of employees, including directors, during the year was 1 (2022 - 0).

Page 4

 
FRESHBUILD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

4.


Debtors

2023
2022
£
£


Trade debtors
2,540
-

Other debtors
21,700
5,801

Prepayments and accrued income
444
413

24,684
6,214



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,633
10,606

2,633
10,606



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
875
6,020

Corporation tax
7,958
2,602

Other creditors
674
1,766

Accruals and deferred income
1,001
1,327

10,508
11,715



7.


Related party transactions

Dividends paid to entities with control totalled £32,128 (2022:£6,000)
At the year end the following balances were due from/ (to) the company:


2023
2022
£
£

Key management personnel
(1,766)
(1,766)
(1,766)
(1,766)

Page 5

 
FRESHBUILD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

8.


Controlling party

The ultimate controlling party by virtue of their majority shareholding is F J Raymond.

 
Page 6