Company Registration No. 08763981 (England and Wales)
Construct ID Limited
Unaudited accounts
for the year ended 31 January 2024
Construct ID Limited
Unaudited accounts
Contents
Construct ID Limited
Company Information
for the year ended 31 January 2024
Company Number
08763981 (England and Wales)
Registered Office
27 Old Gloucester Street
London
WC1N 3AX
Construct ID Limited
Statement of financial position
as at 31 January 2024
Tangible assets
89,946
70,793
Cash at bank and in hand
76,007
241,998
Creditors: amounts falling due within one year
(807,393)
(898,801)
Net current (liabilities)/assets
(5,996)
68,323
Total assets less current liabilities
83,950
139,116
Creditors: amounts falling due after more than one year
(83,557)
(58,936)
Called up share capital
2
2
Profit and loss account
391
80,178
Shareholders' funds
393
80,180
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 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 31 October 2024 and were signed on its behalf by
G Cailing
Director
Company Registration No. 08763981
Construct ID Limited
Notes to the Accounts
for the year ended 31 January 2024
Construct ID Limited is a private company, limited by shares, registered in England and Wales, registration number 08763981. The registered office is 27 Old Gloucester Street, London, WC1N 3AX.
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.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2023
207,655
57,750
1,000
3,271
269,676
Additions
91,570
-
-
916
92,486
At 31 January 2024
299,225
57,750
1,000
4,187
362,162
At 1 February 2023
138,769
57,750
1,000
1,364
198,883
Charge for the year
72,286
-
-
1,047
73,333
At 31 January 2024
211,055
57,750
1,000
2,411
272,216
At 31 January 2024
88,170
-
-
1,776
89,946
At 31 January 2023
68,886
-
-
1,907
70,793
Construct ID Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
32,811
32,272
Accrued income and prepayments
289,080
285,495
Other debtors
362,262
317,628
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
14,351
71,286
Trade creditors
238,776
389,896
Taxes and social security
404,092
329,589
Other creditors
119,183
103,267
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).