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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
Page
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Construct ID Limited Company Information for the year ended 31 January 2024
Director
G Cailing
Company Number
08763981 (England and Wales)
Registered Office
27 Old Gloucester Street London WC1N 3AX
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Construct ID Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
89,946 
70,793 
Current assets
Inventories
29,956 
89,731 
Debtors
695,434 
635,395 
Cash at bank and in hand
76,007 
241,998 
801,397 
967,124 
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)
Net assets
393 
80,180 
Capital and reserves
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
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Construct ID Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
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.
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
25% SL
Motor vehicles
33% SL
Computer equipment
25% SL
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 
Depreciation
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 
Net book value
At 31 January 2024
88,170 
- 
- 
1,776 
89,946 
At 31 January 2023
68,886 
- 
- 
1,907 
70,793 
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Construct ID Limited Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
11,281 
- 
Trade debtors
32,811 
32,272 
Accrued income and prepayments
289,080 
285,495 
Other debtors
362,262 
317,628 
695,434 
635,395 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
14,351 
71,286 
VAT
- 
1,563 
Trade creditors
238,776 
389,896 
Taxes and social security
404,092 
329,589 
Other creditors
119,183 
103,267 
Loans from directors
26 
- 
Accruals
30,965 
3,200 
807,393 
898,801 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
77,672 
58,536 
Other creditors
5,885 
400 
83,557 
58,936 
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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