IRIS Accounts Production v24.3.0.553 09382761 Board of Directors Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh093827612023-01-31093827612024-01-31093827612023-02-012024-01-31093827612022-01-31093827612022-02-012023-01-31093827612023-01-3109382761ns15:EnglandWales2023-02-012024-01-3109382761ns14:PoundSterling2023-02-012024-01-3109382761ns10:Director12023-02-012024-01-3109382761ns10:Director22023-02-012024-01-3109382761ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3109382761ns10:SmallEntities2023-02-012024-01-3109382761ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3109382761ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3109382761ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3109382761ns10:FullAccounts2023-02-012024-01-3109382761ns10:OrdinaryShareClass12023-02-012024-01-3109382761ns10:RegisteredOffice2023-02-012024-01-3109382761ns5:CurrentFinancialInstruments2024-01-3109382761ns5:CurrentFinancialInstruments2023-01-3109382761ns5:ShareCapital2024-01-3109382761ns5:ShareCapital2023-01-3109382761ns5:RetainedEarningsAccumulatedLosses2024-01-3109382761ns5:RetainedEarningsAccumulatedLosses2023-01-3109382761ns5:PlantMachinery2023-02-012024-01-3109382761ns5:FurnitureFittings2023-02-012024-01-3109382761ns5:MotorVehicles2023-02-012024-01-3109382761ns5:ComputerEquipment2023-02-012024-01-3109382761ns5:PlantMachinery2023-01-3109382761ns5:FurnitureFittings2023-01-3109382761ns5:MotorVehicles2023-01-3109382761ns5:ComputerEquipment2023-01-3109382761ns5:PlantMachinery2024-01-3109382761ns5:FurnitureFittings2024-01-3109382761ns5:MotorVehicles2024-01-3109382761ns5:ComputerEquipment2024-01-3109382761ns5:PlantMachinery2023-01-3109382761ns5:FurnitureFittings2023-01-3109382761ns5:MotorVehicles2023-01-3109382761ns5:ComputerEquipment2023-01-3109382761ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3109382761ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3109382761ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-01-3109382761ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-01-3109382761ns10:OrdinaryShareClass12024-01-31
REGISTERED NUMBER: 09382761 (England and Wales)


















4 Way Construction Limited

Unaudited Financial Statements

for the Year Ended 31 January 2024






4 Way Construction Limited (Registered number: 09382761)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


4 Way Construction Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: Mr D T Allen
Mr J P Legg





REGISTERED OFFICE: Delta 606
Welton Road
Delta Office Park
Swindon
Wiltshire
SN5 7XF





REGISTERED NUMBER: 09382761 (England and Wales)





ACCOUNTANTS: AMS Accountancy Limited
Delta 606
Welton Road
Delta Office Park
Swindon
Wiltshire
SN5 7XF

4 Way Construction Limited (Registered number: 09382761)

Balance Sheet
31 January 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 18,694 31,493

CURRENT ASSETS
Debtors 5 171,017 167,654
Cash at bank 53,414 31
224,431 167,685
CREDITORS
Amounts falling due within one year 6 (116,559 ) (103,532 )
NET CURRENT ASSETS 107,872 64,153
TOTAL ASSETS LESS CURRENT
LIABILITIES

126,566

95,646

PROVISIONS FOR LIABILITIES (4,674 ) (5,804 )
NET ASSETS 121,892 89,842

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 121,891 89,841
SHAREHOLDERS' FUNDS 121,892 89,842

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

4 Way Construction Limited (Registered number: 09382761)

Balance Sheet - continued
31 January 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 Board of Directors and authorised for issue on 28 October 2024 and were signed on its behalf by:




Mr D T Allen - Director



Mr J P Legg - Director


4 Way Construction Limited (Registered number: 09382761)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

4 Way Construction 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.

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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

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.

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 2 (2023 - 2 ) .

4 Way Construction Limited (Registered number: 09382761)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2023 25,840 - 28,305 - 54,145
Additions 1,003 117 - 1,576 2,696
Disposals - - (28,305 ) - (28,305 )
At 31 January 2024 26,843 117 - 1,576 28,536
DEPRECIATION
At 1 February 2023 5,168 - 17,484 - 22,652
Charge for year 4,335 24 - 315 4,674
Eliminated on disposal - - (17,484 ) - (17,484 )
At 31 January 2024 9,503 24 - 315 9,842
NET BOOK VALUE
At 31 January 2024 17,340 93 - 1,261 18,694
At 31 January 2023 20,672 - 10,821 - 31,493

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 49,750 60,146
Other debtors 65,520 51,761
115,270 111,907

Amounts falling due after more than one year:
Other debtors 55,747 55,747

Aggregate amounts 171,017 167,654

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 14,423 2,002
Taxation and social security 12,946 7,572
Other creditors 89,190 93,958
116,559 103,532

4 Way Construction Limited (Registered number: 09382761)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1