Registered number: 12724871 | ||||||||
FOR THE YEAR ENDED 31 JULY 2024 | ||||||||
Prepared By: | ||||||||
Willow Accounting & Consultancy | ||||||||
47a Commercial Road | ||||||||
Ashley Cross | ||||||||
Poole | ||||||||
Dorset | ||||||||
BH14 0HU |
Next Level Brickwork & Alterations Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 JULY 2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Dorset | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 12724871 | ||||||||
ACCOUNTANTS | ||||||||
Willow Accounting & Consultancy | ||||||||
47a Commercial Road | ||||||||
Ashley Cross | ||||||||
Poole | ||||||||
Dorset | ||||||||
BH14 0HU |
Next Level Brickwork & Alterations Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 JULY 2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Next Level Brickwork & Alterations Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
39,613 | 16,353 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 1,233 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 8,414 | 5,129 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 18,228 | 8,272 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Next Level Brickwork & Alterations Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 JULY 2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 25% | |||||||
Commercial Vehicles | reducing balance 25% | |||||||
Equipment | reducing balance 25% |
1c. Leases | ||||||||
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 3 | |||||
Next Level Brickwork & Alterations Ltd | ||||||||
3. TANGIBLE FIXED ASSETS | |||||||||||
Plant and | Commercial | ||||||||||
Machinery | Vehicles | Equipment | Total | ||||||||
£ | £ | £ | £ | ||||||||
Cost | |||||||||||
At 1 August 2023 | 10,298 | 24,930 | - | 35,228 | |||||||
Additions | 3,243 | 10,670 | 516 | 14,429 | |||||||
Disposals | - | (8,940) | - | (8,940) | |||||||
At 31 July 2024 | 13,541 | 26,660 | 516 | 40,717 | |||||||
Depreciation | |||||||||||
At 1 August 2023 | 5,790 | 14,413 | - | 20,203 | |||||||
Disposals | - | (5,168) | - | (5,168) | |||||||
For the year | 1,938 | 4,354 | 129 | 6,421 | |||||||
At 31 July 2024 | 7,728 | 13,599 | 129 | 21,456 | |||||||
Net Book Amounts | |||||||||||
At 31 July 2024 | 19,261 | ||||||||||
At 31 July 2023 | 15,025 | ||||||||||
Included in commercial vehicles is an amount of £26,660 held under a finance lease agreement. | |||||||||||
Accumulated depreciation charged on this asset amounts to £9,244, of which £4,354 has been charged in the current year. | |||||||||||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 2,893 | 183 | ||||||
VAT | - | 861 | ||||||
PAYE control | 22,768 | 9,778 | ||||||
Prepayments | 1,755 | 336 | ||||||
27,416 | 11,158 | |||||||
Next Level Brickwork & Alterations Ltd | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 14,470 | 8,536 | ||||||
VAT | 2,617 | - | ||||||
Salaries and wages control | - | 468 | ||||||
Directors current account | 161 | 26 | ||||||
Hire purchase | 3,974 | 2,169 | ||||||
Trade creditors | 5,548 | 2,211 | ||||||
Accruals | 1,800 | 1,710 | ||||||
28,570 | 15,120 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Hire purchase >1yr | 8,414 | 5,129 | ||||||
8,414 | 5,129 | |||||||
7. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 3,660 | 2,855 | ||||||
3,660 | 2,855 | |||||||
8. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
2 | 2 | |||||||
2 | 2 | |||||||