Caseware UK (AP4) 2023.0.135 2023.0.135 2023-03-312023-03-31truefalse2022-04-01No description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10630447 2022-04-01 2023-03-31 10630447 2021-04-01 2022-03-31 10630447 2023-03-31 10630447 2022-03-31 10630447 c:Director1 2022-04-01 2023-03-31 10630447 c:Director2 2022-04-01 2023-03-31 10630447 c:RegisteredOffice 2022-04-01 2023-03-31 10630447 d:PlantMachinery 2022-04-01 2023-03-31 10630447 d:PlantMachinery 2023-03-31 10630447 d:PlantMachinery 2022-03-31 10630447 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 10630447 d:CurrentFinancialInstruments 2023-03-31 10630447 d:CurrentFinancialInstruments 2022-03-31 10630447 d:Non-currentFinancialInstruments 2023-03-31 10630447 d:Non-currentFinancialInstruments 2022-03-31 10630447 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10630447 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 10630447 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 10630447 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 10630447 d:ShareCapital 2023-03-31 10630447 d:ShareCapital 2022-03-31 10630447 d:RetainedEarningsAccumulatedLosses 2023-03-31 10630447 d:RetainedEarningsAccumulatedLosses 2022-03-31 10630447 c:FRS102 2022-04-01 2023-03-31 10630447 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 10630447 c:FullAccounts 2022-04-01 2023-03-31 10630447 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10630447 e:PoundSterling 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure
Company registration number: 10630447







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2023


K CARVELL BUILDERS LIMITED






































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K CARVELL BUILDERS LIMITED
 


 
COMPANY INFORMATION


Directors
K Carvell 
K L Cooper 




Registered number
10630447



Registered office
Menzies LLP
Magna House

18-32 London Road

Staines-Upon-Thames

Surrey

TW18 4BP




Trading Address
49 Newfield Gardens

Marlow

Buckinghamshire

SL7 1JR






Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


K CARVELL BUILDERS LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 6


 


K CARVELL BUILDERS LIMITED
REGISTERED NUMBER:10630447



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,507
1,773

  
1,507
1,773

Current assets
  

Stocks
  
2,450
2,500

Debtors: amounts falling due within one year
 5 
132,623
79,791

  
135,073
82,291

Creditors: amounts falling due within one year
 6 
(37,335)
(71,098)

Net current assets
  
 
 
97,738
 
 
11,193

Total assets less current liabilities
  
99,245
12,966

Creditors: amounts falling due after more than one year
 7 
(98,771)
(38,888)

  

Net assets/(liabilities)
  
474
(25,922)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
374
(26,022)

  
474
(25,922)


Page 1

 


K CARVELL BUILDERS LIMITED
REGISTERED NUMBER:10630447


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


K Carvell
Director

Date: 25 November 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


K CARVELL BUILDERS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

K Carvell Builders Limited  is a private company, limited by shares, registered in England and Wales. The company's registered office address and principle place of business can be found on the Company Information page.
The presentational currency of the financial statements is the Pound Sterlings (£).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the balance sheet 31 March 2023 the company shows a net asset total of £474 (2022: £25,992 net liabilities). Due to the ongoing support of the directors, and expectation regarding future trading performance, the company expects to meet its liabilities as they fall due, the company has prepared its financial statements on a going concern basis.

 
2.3

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 generated through the provision of building services. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.4

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Taxation

Tax is recognised in profit or loss 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 reporting date in the countries where the company operates and generates income.

Page 3

 


K CARVELL BUILDERS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
15%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Work in progess

Work in progress is stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Work in progress includes both properties and land held for development purposes

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 4

 


K CARVELL BUILDERS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 April 2022
3,995



At 31 March 2023

3,995



Depreciation


At 1 April 2022
2,222


Charge for the year on owned assets
266



At 31 March 2023

2,488



Net book value



At 31 March 2023
1,507



At 31 March 2022
1,773


5.


Debtors

2023
2022
£
£


Trade debtors
49,323
9,410

Other debtors
62,280
53,988

Tax recoverable
21,020
16,393

132,623
79,791


Page 5

 


K CARVELL BUILDERS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
5,421
7,508

Trade creditors
888
4,930

Corporation tax
20,990
16,393

Other taxation and social security
-
33,761

Bank loans
5,556
5,556

Accruals and deferred income
4,480
2,950

37,335
71,098


The loan amount of £5,556, included within creditors, is guaranteed under the Bounce Back Loan Scheme (BBLS) by the UK Government.


7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
31,706
38,888

Other taxation and social security
67,065
-

98,771
38,888


The loan amount of £31,706, included within creditors, is guaranteed under the Bounce Back Loan Scheme (BBLS) by the UK Government.


8.


Transactions with directors

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022. The loan is interest bearing at 3%.

2023
2022
£
£
Balance outstanding at start of year

50,439

43,812
 
Amounts advanced

50,044

48,194
 
Amounts repaid

(38,203)

(41,566)
 
62,280

50,440
 

 
Page 6