1 April 2023 false No description of principal activity Taxfiler 2024.6 04366525business:PrivateLimitedCompanyLtd2023-04-012024-03-31 043665252023-03-31 043665252023-04-012024-03-31 04366525business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 04366525business:FilletedAccounts2023-04-012024-03-31 043665252024-03-31 04366525business:Director12023-04-012024-03-31 043665252023-03-31 04366525core:WithinOneYear2024-03-31 04366525core:WithinOneYear2023-03-31 04366525core:AfterOneYear2024-03-31 04366525core:AfterOneYear2023-03-31 04366525core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 04366525core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 04366525core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 04366525core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 04366525core:PreviouslyStatedAmount2024-03-31 04366525core:PreviouslyStatedAmount2023-03-31 04366525business:SmallEntities2023-04-012024-03-31 04366525countries:EnglandWales2023-04-012024-03-31 04366525core:PlantMachinery2023-04-012024-03-31 04366525core:PlantMachinery2023-03-31 04366525core:PlantMachinery2024-03-31 043665252022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 04366525 (England and Wales)
Classic Builders (watlington) Ltd Unaudited accounts for the year ended 31 March 2024
Classic Builders (watlington) Ltd Unaudited accounts Contents
Page
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Classic Builders (watlington) Ltd Company Information for the year ended 31 March 2024
Director
A Dix
Company Number
04366525 (England and Wales)
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Classic Builders (watlington) Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
327,973 
243,165 
Current assets
Debtors
835,501 
719,291 
Cash at bank and in hand
- 
7,277 
835,501 
726,568 
Creditors: amounts falling due within one year
(754,779)
(632,562)
Net current assets
80,722 
94,006 
Total assets less current liabilities
408,695 
337,171 
Creditors: amounts falling due after more than one year
(91,845)
(40,334)
Net assets
316,850 
296,837 
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
306,850 
286,837 
Shareholders' funds
316,850 
296,837 
For the year ending 31 March 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 13 July 2024 and were signed on its behalf by
A Dix Director Company Registration No. 04366525
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Classic Builders (watlington) Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Classic Builders (watlington) Ltd is a private company, limited by shares, registered in England and Wales, registration number 04366525.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided in order to write off the assets over their estimated useful lives.
Plant & machinery
over their estimated lives
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
624,207 
Additions
121,250 
At 31 March 2024
745,457 
Depreciation
At 1 April 2023
381,042 
Charge for the year
36,442 
At 31 March 2024
417,484 
Net book value
At 31 March 2024
327,973 
At 31 March 2023
243,165 
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Classic Builders (watlington) Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
834,459 
718,249 
Other debtors
1,042 
1,042 
835,501 
719,291 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
47,589 
- 
Trade creditors
666,695 
582,122 
Taxes and social security
40,495 
50,440 
754,779 
632,562 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
18,578 
27,153 
Other creditors
73,267 
13,181 
91,845 
40,334 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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