Company Registration No. 06046333 (England and Wales)
CAPEWELL & CAPEWELL BUILDING & PLUMBING SERVICES LTD
Unaudited accounts
for the year ended 31 March 2024
CAPEWELL & CAPEWELL BUILDING & PLUMBING SERVICES LTD
Unaudited accounts
Contents
CAPEWELL & CAPEWELL BUILDING & PLUMBING SERVICES LTD
Company Information
for the year ended 31 March 2024
Directors
Mr R B Capewell
Mrs L Capewell
Company Number
06046333 (England and Wales)
Registered Office
53 KENNEDY ROAD
HORSHAM
WEST SUSSEX
RH13 5DB
CAPEWELL & CAPEWELL BUILDING & PLUMBING SERVICES LTD
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
7,657
17,262
Creditors: amounts falling due within one year
(40,474)
(32,249)
Net current (liabilities)/assets
(105)
8,602
Called up share capital
100
100
Profit and loss account
38
8,998
Shareholders' funds
138
9,098
For the year ending 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2024 and were signed on its behalf by
Mr R B Capewell
Director
Company Registration No. 06046333
CAPEWELL & CAPEWELL BUILDING & PLUMBING SERVICES LTD
Notes to the Accounts
for the year ended 31 March 2024
CAPEWELL & CAPEWELL BUILDING & PLUMBING SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 06046333. The registered office is 53 KENNEDY ROAD, HORSHAM, WEST SUSSEX, RH13 5DB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Revenue, described as turnover is the value of services, net of VAT and discounts, provided to customers during the year.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum straight line
Motor vehicles
25% per annum straight line
Stocks and Work in Progress
Stocks have been valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. In respect of work in progress, cost includes an estimate of work done to the stage of completion of the project.
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is taken to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.
Financial instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.
Government grants are recognised under the accrual model meaning that grants relating to revenue shall be recognised in income, on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.
CAPEWELL & CAPEWELL BUILDING & PLUMBING SERVICES LTD
Notes to the Accounts
for the year ended 31 March 2024
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
6,779
23,259
30,038
At 31 March 2024
6,779
23,259
30,038
At 1 April 2023
6,283
23,259
29,542
Charge for the year
253
-
253
At 31 March 2024
6,536
23,259
29,795
At 31 March 2024
243
-
243
At 31 March 2023
496
-
496
Amounts falling due within one year
Trade debtors
23,159
13,977
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
13,230
2,182
Taxes and social security
26,970
26,428
Other creditors
3,819
2,349
Loans from directors
(3,545)
1,290
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Overdrawn directors loan
(1,290)
4,835
-
3,545
The directors loan was repaid within 9 months of the year end
CAPEWELL & CAPEWELL BUILDING & PLUMBING SERVICES LTD
Notes to the Accounts
for the year ended 31 March 2024
8
Average number of employees
During the year the average number of employees was 4 (2023: 2).