Company Registration No. 14300956 (England and Wales)
Cumbria Building Ltd
Unaudited accounts
for the year ended 31 August 2024
Cumbria Building Ltd
Unaudited accounts
Contents
Cumbria Building Ltd
Company Information
for the year ended 31 August 2024
Directors
Nathan Christopher Draper
Jack Christopher Askew
Company Number
14300956 (England and Wales)
Registered Office
33A MARKET PLACE
KENDAL
CUMBRIA
LA9 4TP
UNITED KINGDOM
Accountants
Kate King Accountancy Services ltd
33a Market Place
Kendal
Cumbria
LA9 4TP
Cumbria Building Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
67,126
26,465
Cash at bank and in hand
8,637
8,203
Creditors: amounts falling due within one year
(117,515)
(29,111)
Net current (liabilities)/assets
(74,132)
4,696
Net (liabilities)/assets
(7,006)
31,161
Profit and loss account
(7,006)
31,161
Shareholders' funds
(7,006)
31,161
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 15 November 2024 and were signed on its behalf by
Nathan Christopher Draper
Director
Company Registration No. 14300956
Cumbria Building Ltd
Notes to the Accounts
for the year ended 31 August 2024
Cumbria Building Ltd is a private company, limited by shares, registered in England and Wales, registration number 14300956. The registered office is 33A MARKET PLACE, KENDAL, CUMBRIA, LA9 4TP, UNITED KINGDOM.
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:
Plant & machinery
25% reduced balance
Motor vehicles
25% reduced balance
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
13,189
16,750
1,041
30,980
Additions
43,896
43,110
999
88,005
Disposals
(11,150)
(14,200)
-
(25,350)
At 31 August 2024
45,935
45,660
2,040
93,635
At 1 September 2023
3,297
932
286
4,515
Charge for the year
13,447
8,160
619
22,226
On disposals
(232)
-
-
(232)
At 31 August 2024
16,512
9,092
905
26,509
At 31 August 2024
29,423
36,568
1,135
67,126
At 31 August 2023
9,892
15,818
755
26,465
Cumbria Building Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
9,095
-
Other debtors
10,806
24,801
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
38,288
-
Trade creditors
7,432
7,000
Taxes and social security
4,873
6,347
Loans from directors
63,184
15,500
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Average number of employees
During the year the average number of employees was 4 (2023: 4).