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REGISTERED NUMBER: 07725535 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2023 TO 29 JUNE 2024

FOR

CONSTANTINE CONSTRUCTIONS LIMITED

CONSTANTINE CONSTRUCTIONS LIMITED (REGISTERED NUMBER: 07725535)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2023 TO 29 JUNE 2024




Page

Statement of Financial Position 1

Notes to the Financial Statements 2


CONSTANTINE CONSTRUCTIONS LIMITED (REGISTERED NUMBER: 07725535)

STATEMENT OF FINANCIAL POSITION
29 JUNE 2024

2024 2022
as restated
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,617 2,588

CURRENT ASSETS
Inventories 545,498 1,090,287
Debtors 5 1,699 2,225
Cash at bank 399,646 2,024
946,843 1,094,536
CREDITORS
Amounts falling due within one year 6 70,365 280,773
NET CURRENT ASSETS 876,478 813,763
TOTAL ASSETS LESS CURRENT
LIABILITIES

878,095

816,351

PROVISIONS FOR LIABILITIES 7 404 492
NET ASSETS 877,691 815,859

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 877,591 815,759
877,691 815,859

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 November 2024 and were signed by:





Mr L Hava - Director


CONSTANTINE CONSTRUCTIONS LIMITED (REGISTERED NUMBER: 07725535)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2023 TO 29 JUNE 2024

1. STATUTORY INFORMATION

Constantine Constructions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07725535

Registered office: 1 Kings Avenue
London
N21 3NA

The presentation currency of the financial statements is the Pound Sterling (£).


The accounts have been prepared for a period of 18 months whereas the comparatives are for a period of 12 months.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods.

There are no significant judgements or estimates involved in the preparation of the financial statements.

Revenue
Revenue represents the value, net of value added tax and discounts, of rental income receivable by the company and the proceeds from disposal of properties.

Property, plant and equipment
Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.

The carrying value of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant & machinery - 25% on reducing balance

The company has adopted the policy of not depreciating assets in the year of purchase. However, full depreciation will be provided in the year of disposal.

Inventories
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell.Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.


CONSTANTINE CONSTRUCTIONS LIMITED (REGISTERED NUMBER: 07725535)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2023 TO 29 JUNE 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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

Cash and cash equivalents
Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
£   
COST
At 1 January 2023
and 29 June 2024 7,606
DEPRECIATION
At 1 January 2023 5,018
Charge for period 971
At 29 June 2024 5,989
NET BOOK VALUE
At 29 June 2024 1,617
At 31 December 2022 2,588

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
as restated
£    £   
Other debtors 1,699 2,225

CONSTANTINE CONSTRUCTIONS LIMITED (REGISTERED NUMBER: 07725535)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2023 TO 29 JUNE 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
as restated
£    £   
Trade creditors 720 -
Taxation and social security 65,169 50,935
Other creditors 4,476 229,838
70,365 280,773

7. PROVISIONS FOR LIABILITIES
2024 2022
as restated
£    £   
Deferred tax 404 492

Deferred
tax
£   
Balance at 1 January 2023 492
Provided during period (88 )
Balance at 29 June 2024 404