ANC (Staffs) Ltd 07650219 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is agricultural contracting groundworks. Digita Accounts Production Advanced 6.30.9574.0 true 07650219 2023-06-01 2024-05-31 07650219 2024-05-31 07650219 core:RetainedEarningsAccumulatedLosses 2024-05-31 07650219 core:ShareCapital 2024-05-31 07650219 core:CurrentFinancialInstruments 2024-05-31 07650219 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 07650219 core:Non-currentFinancialInstruments core:AfterOneYear 2024-05-31 07650219 core:FurnitureFittingsToolsEquipment 2024-05-31 07650219 core:LandBuildings 2024-05-31 07650219 core:MotorVehicles 2024-05-31 07650219 core:OtherPropertyPlantEquipment 2024-05-31 07650219 bus:SmallEntities 2023-06-01 2024-05-31 07650219 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 07650219 bus:FilletedAccounts 2023-06-01 2024-05-31 07650219 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 07650219 bus:RegisteredOffice 2023-06-01 2024-05-31 07650219 bus:Director2 2023-06-01 2024-05-31 07650219 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 07650219 core:FurnitureFittingsToolsEquipment 2023-06-01 2024-05-31 07650219 core:Land 2023-06-01 2024-05-31 07650219 core:LandBuildings 2023-06-01 2024-05-31 07650219 core:MotorVehicles 2023-06-01 2024-05-31 07650219 core:OfficeEquipment 2023-06-01 2024-05-31 07650219 core:OtherPropertyPlantEquipment 2023-06-01 2024-05-31 07650219 core:PlantMachinery 2023-06-01 2024-05-31 07650219 countries:EnglandWales 2023-06-01 2024-05-31 07650219 2023-05-31 07650219 core:FurnitureFittingsToolsEquipment 2023-05-31 07650219 core:LandBuildings 2023-05-31 07650219 core:MotorVehicles 2023-05-31 07650219 core:OtherPropertyPlantEquipment 2023-05-31 07650219 2022-06-01 2023-05-31 07650219 2023-05-31 07650219 core:RetainedEarningsAccumulatedLosses 2023-05-31 07650219 core:ShareCapital 2023-05-31 07650219 core:CurrentFinancialInstruments 2023-05-31 07650219 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 07650219 core:Non-currentFinancialInstruments core:AfterOneYear 2023-05-31 07650219 core:FurnitureFittingsToolsEquipment 2023-05-31 07650219 core:LandBuildings 2023-05-31 07650219 core:MotorVehicles 2023-05-31 07650219 core:OtherPropertyPlantEquipment 2023-05-31 iso4217:GBP xbrli:pure

Registration number: 07650219

ANC (Staffs) Ltd

Unaudited Financial Statements

for the Year Ended 31 May 2024

 

ANC (Staffs) Ltd

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

ANC (Staffs) Ltd

(Registration number: 07650219)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

559,437

491,314

Current assets

 

Debtors

5

69,169

56,539

Cash at bank and in hand

 

252,100

303,931

 

321,269

360,470

Creditors: Amounts falling due within one year

6

(127,808)

(143,547)

Net current assets

 

193,461

216,923

Total assets less current liabilities

 

752,898

708,237

Creditors: Amounts falling due after more than one year

6

(369,230)

(385,229)

Provisions for liabilities

(132,115)

(84,143)

Net assets

 

251,553

238,865

Capital and reserves

 

Called up share capital

3

3

Retained earnings

251,550

238,862

Shareholders' funds

 

251,553

238,865

 

ANC (Staffs) Ltd

(Registration number: 07650219)
Balance Sheet as at 31 May 2024

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 November 2024 and signed on its behalf by:
 

.........................................
Mr M Cotterill
Director

 

ANC (Staffs) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Mount Pleasant Bungalow
Freehay
Cheadle
Staffordshire
ST10 1TR

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

ANC (Staffs) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Premises

4% reducing balance

Plant and machinery

15% reducing balance

Motor vehicles

25% reducing balance

Office equipment

33% straight line

Land

0%

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

ANC (Staffs) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

4

Tangible assets

Land and buildings
£

Office equipment
£

Motor vehicles
 £

Plant and machinery
£

Total
£

Cost or valuation

At 1 June 2023

159,939

1,201

72,955

660,921

895,016

Additions

-

399

35,500

104,717

140,616

Disposals

-

-

(20,155)

-

(20,155)

At 31 May 2024

159,939

1,600

88,300

765,638

1,015,477

Depreciation

At 1 June 2023

10,670

520

29,625

362,887

403,702

Charge for the year

1,291

478

14,973

48,646

65,388

Eliminated on disposal

-

-

(13,050)

-

(13,050)

At 31 May 2024

11,961

998

31,548

411,533

456,040

Carrying amount

At 31 May 2024

147,978

602

56,752

354,105

559,437

At 31 May 2023

149,269

681

43,330

298,034

491,314

 

ANC (Staffs) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

5

Debtors

Current

2024
£

2023
£

Trade debtors

34,499

35,416

Other debtors

34,670

21,123

 

69,169

56,539

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

68

63

Other creditors

127,740

143,484

127,808

143,547

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

369,230

385,229