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REGISTERED NUMBER: 06456405 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ROXBURGH CONSTRUCTION LIMITED

ROXBURGH CONSTRUCTION LIMITED (REGISTERED NUMBER: 06456405)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROXBURGH CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr R H Weir
Mrs L I S Weir
Miss I B Weir
Miss K I Weir





SECRETARY: Mrs L I S Weir





REGISTERED OFFICE: 5 Giffard Court
Millbrook Close
Northampton
Northamptonshire
NN5 5JF





REGISTERED NUMBER: 06456405 (England and Wales)





ACCOUNTANTS: Cube Partners Limited
Chartered Accountants
5 Giffard Court
Millbrook Close
Northampton
Northamptonshire
NN5 5JF

ROXBURGH CONSTRUCTION LIMITED (REGISTERED NUMBER: 06456405)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 22,000 27,500
Tangible assets 5 31,227 28,255
53,227 55,755

CURRENT ASSETS
Stocks 376,983 528,376
Debtors 6 862,382 1,018,268
Cash at bank 402,245 434,456
1,641,610 1,981,100
CREDITORS
Amounts falling due within one year 7 806,623 1,002,822
NET CURRENT ASSETS 834,987 978,278
TOTAL ASSETS LESS CURRENT
LIABILITIES

888,214

1,034,033

CREDITORS
Amounts falling due after more than one year 8 (78,139 ) (141,588 )

PROVISIONS FOR LIABILITIES (6,160 ) (5,056 )
NET ASSETS 803,915 887,389

CAPITAL AND RESERVES
Called up, fully paid share capital 20,100 20,100
Retained earnings 783,815 867,289
SHAREHOLDERS' FUNDS 803,915 887,389

ROXBURGH CONSTRUCTION LIMITED (REGISTERED NUMBER: 06456405)

BALANCE SHEET - continued
31 DECEMBER 2023


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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by:





Mr R H Weir - Director


ROXBURGH CONSTRUCTION LIMITED (REGISTERED NUMBER: 06456405)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Roxburgh Construction 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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 Statement of Income and Retained Earnings, 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

ROXBURGH CONSTRUCTION LIMITED (REGISTERED NUMBER: 06456405)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

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 10 (2022 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 110,000
AMORTISATION
At 1 January 2023 82,500
Amortisation for year 5,500
At 31 December 2023 88,000
NET BOOK VALUE
At 31 December 2023 22,000
At 31 December 2022 27,500

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 192,438 11,289 45,981 39,788 289,496
Additions - 3,657 - 8,234 11,891
At 31 December 2023 192,438 14,946 45,981 48,022 301,387
DEPRECIATION
At 1 January 2023 186,322 10,809 34,075 30,035 261,241
Charge for year 917 209 2,976 4,817 8,919
At 31 December 2023 187,239 11,018 37,051 34,852 270,160
NET BOOK VALUE
At 31 December 2023 5,199 3,928 8,930 13,170 31,227
At 31 December 2022 6,116 480 11,906 9,753 28,255

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 284,336 163,260
Other debtors 578,046 855,008
862,382 1,018,268

ROXBURGH CONSTRUCTION LIMITED (REGISTERED NUMBER: 06456405)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 63,450 60,361
Trade creditors 421,866 439,476
Taxation and social security 312,753 453,632
Other creditors 8,554 49,353
806,623 1,002,822

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 78,139 141,588

9. OTHER FINANCIAL COMMITMENTS

As at the balance sheet date the company had commitments under non-cancellable operating leases amounting to £28,050 (2022 - £46,750).

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, directors owed the company £7,609 (2022: £180,917). There are no formal terms of repayment and interest has been charged at the HMRC official rate.