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
Classic Builders (watlington) Ltd
Company Information
for the year ended 31 March 2024
Company Number
04366525 (England and Wales)
Classic Builders (watlington) Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
327,973
243,165
Cash at bank and in hand
-
7,277
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
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
Classic Builders (watlington) Ltd
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
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
Charge for the year
36,442
Classic Builders (watlington) Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
834,459
718,249
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
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
73,267
13,181
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).