Company Registration No. 12196554 (England and Wales)
Contract Masonry Limited
Unaudited accounts
for the year ended 30 September 2024
Contract Masonry Limited
Unaudited accounts
Contents
Contract Masonry Limited
Company Information
for the year ended 30 September 2024
Company Number
12196554 (England and Wales)
Registered Office
22 Irving Road
Southampton
SO16 4DZ
England
Accountants
365 Accounts Ltd
44 Brookwood Road
Southampton
Hampshire
SO16 9AJ
Contract Masonry Limited
Statement of financial position
as at 30 September 2024
Intangible assets
3,850
6,050
Cash at bank and in hand
10,010
9,749
Creditors: amounts falling due within one year
(5,935)
(8,838)
Net current assets
8,075
4,911
Called up share capital
3
3
Profit and loss account
12,555
11,802
Shareholders' funds
12,558
11,805
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 23 October 2024 and were signed on its behalf by
Trevor Webb
Director
Company Registration No. 12196554
Contract Masonry Limited
Notes to the Accounts
for the year ended 30 September 2024
Contract Masonry Limited is a private company, limited by shares, registered in England and Wales, registration number 12196554. The registered office is 22 Irving Road, Southampton, SO16 4DZ, England.
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.
Turnover is measured at the fair value of the consideration received or receivable excluding discounts and rebates. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets (including goodwill and patents) are included at cost less accumulated amortisation. Intangibles are amortised over their useful life of 5 years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance Method
4
Intangible fixed assets
Goodwill
At 30 September 2024
11,000
At 30 September 2024
7,150
At 30 September 2024
3,850
At 30 September 2023
6,050
Contract Masonry Limited
Notes to the Accounts
for the year ended 30 September 2024
5
Tangible fixed assets
Plant & machinery
At 30 September 2024
2,000
At 30 September 2024
1,367
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,057
8,123
During the year the company maintained a loan account with its director Mr. Trevor Webb. At the year end date the company
owed its director an amount of £4 (2023 £2).
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).