03241101falsethat of general builders2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director22023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-03-31http://www.companieshouse.gov.uk/cd:Director32023-04-012024-03-31http://www.companieshouse.gov.uk/cd:Director42023-04-012024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03241101

A K GENERAL BUILDERS LTD

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

A K GENERAL BUILDERS LTD

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
Christopher Williams
Kevin Williams
Anne Williams
Tanya Williams
REGISTERED OFFICE
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03241101
ACCOUNTANTS
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

A K GENERAL BUILDERS LTD

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets222,08528,207
CURRENT ASSETS
Stock10,7015,020
Debtors48,900421
Cash at bank and in hand288,763306,353
308,364311,794
CREDITORS: Amounts falling due within one year560,43378,330
NET CURRENT ASSETS247,931233,464
TOTAL ASSETS LESS CURRENT LIABILITIES270,016261,671
CREDITORS: Amounts falling due after more than one year63,2998,954
PROVISIONS FOR LIABILITIES AND CHARGES85,5215,359
NET ASSETS261,196247,358
CAPITAL AND RESERVES
Called up share capital94,4004,400
Profit and loss account256,796242,958
SHAREHOLDERS' FUNDS261,196247,358
For the year ending 31/03/2024 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 25/09/2024 and signed on their behalf by
.............................
Kevin Williams
Director

A K GENERAL BUILDERS LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. 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%
Commercial Vehiclesreducing balance 25%
1b. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1c. 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.

A K GENERAL BUILDERS LTD

2. TANGIBLE FIXED ASSETS
Plant andCommercial
MachineryVehiclesTotal
£££
Cost
At 01/04/202324,40475,31899,722
Additions554-554
At 31/03/202424,95875,318100,276
Depreciation
At 01/04/202319,82251,69371,515
For the year7705,9066,676
At 31/03/202420,59257,59978,191
Net Book Amounts
At 31/03/20244,36617,71922,085
At 31/03/20234,58223,62528,207
3. STOCK 20242023
££
Stock comprises:
Work in progress10,7015,020
10,7015,020
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors2,034421
VAT6,866-
8,900421

A K GENERAL BUILDERS LTD

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Corporation tax15,86415,513
VAT-27,108
PAYE creditor4,0618,628
Directors current account1,8721,248
Hire purchase5,6555,655
Trade creditors24,90811,209
Accruals8,0738,969
60,43378,330
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Hire purchase 3,2998,954
3,2998,954
7. EMPLOYEES
20242023
No.No.
Average number of employees55
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred tax5,5215,359
5,5215,359

A K GENERAL BUILDERS LTD

9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
4,400 Ordinary Shares of £1 each4,4004,400
4,4004,400