Registered number: 13000646 | ||||||||
FOR THE 364 DAY PERIOD ENDED 27 NOVEMBER 2023 | ||||||||
Prepared By: | ||||||||
Greywalls Accountants Limited | ||||||||
13 Isis Lake | ||||||||
Spine Road | ||||||||
South Cerney | ||||||||
Cirencester | ||||||||
GL7 5LT |
Combined Construction Solutions Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE 364 DAY PERIOD ENDED 27 NOVEMBER 2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 13000646 | ||||||||
ACCOUNTANTS | ||||||||
Greywalls Accountants Limited | ||||||||
13 Isis Lake | ||||||||
Spine Road | ||||||||
South Cerney | ||||||||
Cirencester | ||||||||
GL7 5LT |
Combined Construction Solutions Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE364 DAY PERIODENDED27 NOVEMBER 2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' 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 | - |
Combined Construction Solutions Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
124,157 | 56,871 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT LIABILITIES | ( | (34,625) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | |||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET ASSETS / (LIABILITIES) | ( | |||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 1,440 | (30,774) | ||||||||
SHAREHOLDERS' FUNDS | ( | |||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Combined Construction Solutions Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE 364 DAY PERIOD ENDED 27 NOVEMBER 2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting FRS 1021 a | ||||||||
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 | ||||||||
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. | ||||||||
Depreciation is provided on the following basis: | ||||||||
Plant And Machinery | reducing balance25% | |||||||
Equipment | straight line33.3% |
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
Combined Construction Solutions Limited | ||||||||
1d. Taxation | ||||||||
The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of comprehensive income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date. | ||||||||
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, expect that; the recognition of deferred tax assets is limited to the extent that it is probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. | ||||||||
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair value of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
1e. Turnover | ||||||||
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: | ||||||||
Turnover from a contract to provide services is recognised in the period in which the srvices are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied; | ||||||||
- the amount of turnover can be measured reliably; it is probable that the Company will receive the consideration due under the contract; the stage of completion of the contract at the end of the reporting period can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably. |
1f. |
1g. Functional Currency | ||||||||
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. |
1h. Company Information | ||||||||
Combined Construction Solutions Limited is a private company, limited by shares, domicilied in England and Wales, registration number 13000646. The registered office is Unit 24 Lower Basset Down, Wroughton, Swindon, SN4 9QP. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 3 | |||||
Combined Construction Solutions Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Plant and | ||||||
Machinery | Equipment | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 29 November 2022 | 8,000 | 777 | 8,777 | |||
Additions | 6,650 | - | 6,650 | |||
At 27 November 2023 | 14,650 | 777 | 15,427 | |||
Depreciation | ||||||
At 29 November 2022 | 3,500 | 518 | 4,018 | |||
For the 364 day period | 2,788 | 259 | 3,047 | |||
At 27 November 2023 | 6,288 | 777 | 7,065 | |||
Net Book Amounts | ||||||
At 27 November 2023 | 8,362 | |||||
At 28 November 2022 | 4,759 | |||||
4. STOCK | 2023 | 2022 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock raw materials | 5,234 | - | ||||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Prepayments | 1,125 | 6,750 | ||||||
Accrued income | 35,258 | 27,000 | ||||||
Directors current account | 69,989 | - | ||||||
106,372 | 33,750 | |||||||
Combined Construction Solutions Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 31,947 | 15,936 | ||||||
VAT | 27,641 | 57,741 | ||||||
PAYE control | 51,747 | 14,155 | ||||||
Directors current account | - | 131 | ||||||
Trade creditors | 15,151 | 533 | ||||||
Accruals | 3,000 | 3,000 | ||||||
129,486 | 91,496 | |||||||
7. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 1,589 | 904 | ||||||
1,589 | 904 | |||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
4.00 | 4.00 | |||||||
4 | 4 | |||||||