2023-04-01 06294611 2024-03-31 06294611 2023-04-01 2024-03-31 06294611 2023-03-31 06294611 2022-04-01 2023-03-31 06294611 uk-core:WithinOneYear 2023-03-31 06294611 uk-core:WithinOneYear 2024-03-31 06294611 uk-core:AfterOneYear 2023-03-31 06294611 uk-core:AfterOneYear 2024-03-31 06294611 uk-core:ShareCapital 2024-03-31 06294611 uk-core:ShareCapital 2023-03-31 06294611 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 06294611 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 06294611 uk-bus:Director1 2023-04-01 2024-03-31 06294611 uk-core:NetGoodwill 2023-04-01 2024-03-31 06294611 uk-core:PlantMachinery 2023-04-01 2024-03-31 06294611 uk-core:MotorVehicles 2023-04-01 2024-03-31 06294611 uk-core:Goodwill 2023-03-31 06294611 uk-core:Goodwill 2024-03-31 06294611 uk-core:Goodwill 2023-04-01 2024-03-31 06294611 uk-core:MotorVehicles 2023-03-31 06294611 uk-core:PlantMachinery 2023-03-31 06294611 uk-core:PlantMachinery 2024-03-31 06294611 uk-core:MotorVehicles 2024-03-31 iso4217:GBP xbrli:pure 06294611 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 06294611 uk-bus:FRS102 2023-04-01 2024-03-31 06294611 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 06294611 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Craig Massey Builders Ltd
Registered Number:06294611
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Craig Massey Builders Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
06294611
As at 31 March 2024
Craig Massey Builders Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
5,850
7,650
2
Property, plant and equipment
4,249
5,713
3
10,099
13,363
Current assets
Trade and other receivables
101,120
10,000
4
17,252
Cash and cash equivalents
108,388
118,388
118,372
Trade and other payables: amounts falling due within one
year
(31,243)
(17,327)
5
87,129
101,061
Net current assets
Total assets less current liabilities
111,160
100,492
Trade and other payables: amounts falling due after more
than one year
-
(21)
6
(807)
(1,085)
Provisions for liabilities
110,332
Net assets
99,407
Capital and reserves
Called up share capital
4
4
Retained earnings
110,328
99,403
110,332
99,407
Shareholders' funds
For the year ended 31 March 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
06294611
For the year ended 31 March 2024
Craig Massey Builders Ltd
Statement of Financial Position Continued
Mr C Massey Director
These financial statements were approved and authorised for issue by the Board on 15 October 2024 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 March 2024
Craig Massey Builders Ltd
Notes to the Financial Statements
Statutory Information
Craig Massey Builders Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 06294611.
Registered address:
87 Wepre Park
Connahs Quay
Deeside
Flintshire
CH5 4HL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of 20 years.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
10% per annum on cost
20% per annum on cost
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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6
For the year ended 31 March 2024
Craig Massey Builders Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 April 2023
36,000
At 31 March 2024
36,000
Amortisation
At 01 April 2023
28,350
1,800
Charge for year
At 31 March 2024
30,150
Net book value
At 31 March 2024
5,850
At 31 March 2023
7,650
3. Property, plant and equipment
Total
Motor vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 April 2023
16,532
13,274
3,258
At 31 March 2024
3,258
13,274
16,532
Provision for depreciation and impairment
At 01 April 2023
10,819
9,136
1,683
Charge for year
1,464
1,138
326
At 31 March 2024
12,283
10,274
2,009
At 31 March 2024
Net book value
1,249
3,000
4,249
At 31 March 2023
1,575
4,138
5,713
4. Trade and other receivables
2023
2024
£
£
Trade debtors
-
28,000
Prepayments and accrued income
10,000
-
Amounts owed by directors
-
73,120
101,120
10,000
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7
For the year ended 31 March 2024
Craig Massey Builders Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
4,735
2,062
Taxation and social security
12,592
29,181
17,327
31,243
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
-
21
Directors' loan accounts
7. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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