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REGISTERED NUMBER: SC357878 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

CUNNINGHAM PLASTERING LTD

CUNNINGHAM PLASTERING LTD (REGISTERED NUMBER: SC357878)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

CUNNINGHAM PLASTERING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTOR: K W Cunningham





REGISTERED OFFICE: 24 Eden Drive
Peterhead
Aberdeenshire
AB42 2AU





REGISTERED NUMBER: SC357878 (Scotland)





ACCOUNTANTS: Goldwells
Goldwells House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN

CUNNINGHAM PLASTERING LTD (REGISTERED NUMBER: SC357878)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,642 2,187

CURRENT ASSETS
Stocks 175 150
Debtors 5 17,555 8,348
Cash at bank 36,273 42,350
54,003 50,848
CREDITORS
Amounts falling due within one year 6 9,737 8,144
NET CURRENT ASSETS 44,266 42,704
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,908

44,891

CREDITORS
Amounts falling due after more than one
year

7

12,000

-
NET ASSETS 62,908 44,891

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 62,808 44,791
SHAREHOLDERS' FUNDS 62,908 44,891

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CUNNINGHAM PLASTERING LTD (REGISTERED NUMBER: SC357878)

BALANCE SHEET - continued
31ST MARCH 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23rd September 2024 and were signed by:





K W Cunningham - Director


CUNNINGHAM PLASTERING LTD (REGISTERED NUMBER: SC357878)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

Cunningham Plastering Ltd is a private company, limited by shares , registered in Scotland. 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.

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 - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

CUNNINGHAM PLASTERING LTD (REGISTERED NUMBER: SC357878)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st April 2023 20,404 670 21,074
Additions 38,661 - 38,661
At 31st March 2024 59,065 670 59,735
DEPRECIATION
At 1st April 2023 18,355 532 18,887
Charge for year 10,177 29 10,206
At 31st March 2024 28,532 561 29,093
NET BOOK VALUE
At 31st March 2024 30,533 109 30,642
At 31st March 2023 2,049 138 2,187

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,590 8,348
Other debtors 5,965 -
17,555 8,348

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 6,000 -
Trade creditors 261 133
Corporation tax 1,915 6,434
Social security and other taxes - 115
Director's current account 36 9
Accrued expenses 1,525 1,453
9,737 8,144

The loan from the director is interest free with no fixed terms of repayment.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 12,000 -

8. ULTIMATE CONTROLLING PARTY

Kevin Cunningham, director, is the ultimate controlling party.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CUNNINGHAM PLASTERING LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cunningham Plastering Ltd for the year ended 31st March 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Cunningham Plastering Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cunningham Plastering Ltd and state those matters that we have agreed to state to the director of Cunningham Plastering Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Cunningham Plastering Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cunningham Plastering Ltd. You consider that Cunningham Plastering Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cunningham Plastering Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Goldwells
Goldwells House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN


23rd September 2024