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Company Registration No. 11754644 (England and Wales)
Bermuda Construction Ltd Unaudited accounts for the year ended 31 January 2024
Bermuda Construction Ltd Unaudited accounts Contents
Page
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Bermuda Construction Ltd Company Information for the year ended 31 January 2024
Directors
William Geoffrey Corbett Parker Samuel Mark Longhurst Robert Mark Guest
Company Number
11754644 (England and Wales)
Registered Office
C/O Abr Chartered Accountants 37th Floor Canada Square London E14 5AA United Kingdom
Accountants
ABR Chartered Accountants 37th Floor Canada Square London E14 5AA
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Bermuda Construction Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,079 
1,549 
Current assets
Debtors
45,245 
53,802 
Cash at bank and in hand
32,139 
33,418 
77,384 
87,220 
Creditors: amounts falling due within one year
(76,220)
(69,433)
Net current assets
1,164 
17,787 
Net assets
3,243 
19,336 
Capital and reserves
Called up share capital
300 
3 
Profit and loss account
2,943 
19,333 
Shareholders' funds
3,243 
19,336 
For the year ending 31 January 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 1 October 2024 and were signed on its behalf by
Robert Mark Guest Director Company Registration No. 11754644
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Bermuda Construction Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Bermuda Construction Ltd is a private company, limited by shares, registered in England and Wales, registration number 11754644. The registered office is C/O Abr Chartered Accountants 37th Floor, Canada Square, London, E14 5AA, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
33.33% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
2,102 
- 
1,231 
3,333 
Additions
- 
621 
672 
1,293 
At 31 January 2024
2,102 
621 
1,903 
4,626 
Depreciation
At 1 February 2023
1,476 
- 
308 
1,784 
Charge for the year
209 
155 
399 
763 
At 31 January 2024
1,685 
155 
707 
2,547 
Net book value
At 31 January 2024
417 
466 
1,196 
2,079 
At 31 January 2023
626 
- 
923 
1,549 
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Bermuda Construction Ltd Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
16,200 
9,797 
Other debtors
29,045 
44,005 
45,245 
53,802 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
15,697 
12,065 
Trade creditors
4,310 
5,255 
Taxes and social security
10,840 
(5,800)
Other creditors
19,332 
34,598 
Loans from directors
26,041 
21,315 
Accruals
- 
2,000 
76,220 
69,433 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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