PTP Accounts Production v24.3.0.553 04464472 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false false true false 144959 41920 92940 16818 108800 119857 160819 144959 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044644722023-06-30044644722024-06-30044644722023-07-012024-06-30044644722022-06-30044644722022-07-012023-06-30044644722023-06-3004464472ns15:EnglandWales2023-07-012024-06-3004464472ns14:PoundSterling2023-07-012024-06-3004464472ns10:Director12023-07-012024-06-3004464472ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3004464472ns10:SmallEntities2023-07-012024-06-3004464472ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3004464472ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3004464472ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3004464472ns10:FullAccounts2023-07-012024-06-300446447212023-07-012024-06-3004464472ns10:Director2422023-06-3004464472ns10:Director2422022-06-3004464472ns10:Director2422023-07-012024-06-3004464472ns10:Director2422022-07-012023-06-3004464472ns10:Director2422024-06-3004464472ns10:Director2422023-06-3004464472ns10:Director22023-07-012024-06-3004464472ns10:CompanySecretary12023-07-012024-06-3004464472ns10:RegisteredOffice2023-07-012024-06-3004464472ns5:CurrentFinancialInstruments2024-06-3004464472ns5:CurrentFinancialInstruments2023-06-3004464472ns5:Non-currentFinancialInstruments2024-06-3004464472ns5:Non-currentFinancialInstruments2023-06-3004464472ns5:ShareCapital2024-06-3004464472ns5:ShareCapital2023-06-3004464472ns5:RetainedEarningsAccumulatedLosses2024-06-3004464472ns5:RetainedEarningsAccumulatedLosses2023-06-3004464472ns5:NetGoodwill2023-07-012024-06-3004464472ns5:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3004464472ns5:LandBuildings2023-07-012024-06-3004464472ns5:PlantMachinery2023-07-012024-06-3004464472ns5:NetGoodwill2023-06-3004464472ns5:NetGoodwill2024-06-3004464472ns5:NetGoodwill2023-06-3004464472ns5:LandBuildings2023-06-3004464472ns5:PlantMachinery2023-06-3004464472ns5:LandBuildings2024-06-3004464472ns5:PlantMachinery2024-06-3004464472ns5:LandBuildings2023-06-3004464472ns5:PlantMachinery2023-06-3004464472ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3004464472ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30044644721ns10:Director12023-06-30044644721ns10:Director12022-06-30044644721ns10:Director12023-07-012024-06-30044644721ns10:Director12022-07-012023-06-30044644721ns10:Director12024-06-30044644721ns10:Director12023-06-30
REGISTERED NUMBER: 04464472 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Camelot Builders Limited

Camelot Builders Limited (Registered number: 04464472)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Camelot Builders Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: N K Upshall
R S Wareham





SECRETARY: N K Upshall





REGISTERED OFFICE: 9 Bryony Gardens
Gillingham
Dorset
SP8 4TR





REGISTERED NUMBER: 04464472 (England and Wales)





ACCOUNTANTS: Camelot Accounting Ltd
9 Bryony Gardens
Gillingham
Dorset
SP8 4TR

Camelot Builders Limited (Registered number: 04464472)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 271,208 233,222
271,208 233,222

CURRENT ASSETS
Stocks 171,970 143,102
Debtors 6 1,080 20,975
Cash at bank and in hand 24,802 25,732
197,852 189,809
CREDITORS
Amounts falling due within one year 7 305,139 273,102
NET CURRENT LIABILITIES (107,287 ) (83,293 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

163,921

149,929

CREDITORS
Amounts falling due after more than
one year

8

(132,872

)

(132,954

)

PROVISIONS FOR LIABILITIES (10,741 ) (725 )
NET ASSETS 20,308 16,250

Camelot Builders Limited (Registered number: 04464472)

Balance Sheet - continued
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 20,206 16,148
SHAREHOLDERS' FUNDS 20,308 16,250

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2024 and were signed on its behalf by:





N K Upshall - Director


Camelot Builders Limited (Registered number: 04464472)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Camelot Builders 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.

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 2015, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property
Plant and machinery etc - 25% on cost

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

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 Income Statement, 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.


Camelot Builders Limited (Registered number: 04464472)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued
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.

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.

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 11 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 22,000
AMORTISATION
At 1 July 2023
and 30 June 2024 22,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

Camelot Builders Limited (Registered number: 04464472)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 234,024 160,109 394,133
Additions - 59,838 59,838
Disposals - (21,185 ) (21,185 )
At 30 June 2024 234,024 198,762 432,786
DEPRECIATION
At 1 July 2023 4,680 156,231 160,911
Charge for year 4,681 17,171 21,852
Eliminated on disposal - (21,185 ) (21,185 )
At 30 June 2024 9,361 152,217 161,578
NET BOOK VALUE
At 30 June 2024 224,663 46,545 271,208
At 30 June 2023 229,344 3,878 233,222

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 1,080 20,975

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 18,825 20,104
Hire purchase contracts 7,929 -
Trade creditors 67,810 57,141
Taxation and social security 47,762 48,948
Other creditors 162,813 146,909
305,139 273,102

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 115,663 132,954
Hire purchase contracts 17,209 -
132,872 132,954

Camelot Builders Limited (Registered number: 04464472)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.6.24 30.6.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 58,074 64,726

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
N K Upshall and R S Wareham
Balance outstanding at start of year (144,959 ) (41,920 )
Amounts advanced 92,940 16,818
Amounts repaid (108,800 ) (119,857 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (160,819 ) (144,959 )