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REGISTERED NUMBER: 10636567 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2023 TO 30 APRIL 2024

FOR

COLIN GARNETT BUILDING LIMITED

COLIN GARNETT BUILDING LIMITED (REGISTERED NUMBER: 10636567)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 30 APRIL 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


COLIN GARNETT BUILDING LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 MARCH 2023 TO 30 APRIL 2024







DIRECTORS: Mr C L Garnett
Mrs L Garnett



REGISTERED OFFICE: 42 Sail Street
Ulverston
Cumbria
LA12 9FJ



REGISTERED NUMBER: 10636567 (England and Wales)



BANKERS: National Westminster Bank plc
Windermere
Bolton Customer Service Centre
Bolton
BL6 4YU

COLIN GARNETT BUILDING LIMITED (REGISTERED NUMBER: 10636567)

ABRIDGED BALANCE SHEET
30 APRIL 2024

30.4.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,729 20,000

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 23,512 28,661
24,512 29,661
CREDITORS
Amounts falling due within one year 43,873 44,901
NET CURRENT LIABILITIES (19,361 ) (15,240 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,368

4,760

CREDITORS
Amounts falling due after more than one year 2,241 4,623
NET ASSETS 127 137

CAPITAL AND RESERVES
Called up share capital 5 2 2
Retained earnings 125 135
SHAREHOLDERS' FUNDS 127 137

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

COLIN GARNETT BUILDING LIMITED (REGISTERED NUMBER: 10636567)

ABRIDGED BALANCE SHEET - continued
30 APRIL 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2024 and were signed on its behalf by:





Mr C L Garnett - Director


COLIN GARNETT BUILDING LIMITED (REGISTERED NUMBER: 10636567)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 30 APRIL 2024

1. STATUTORY INFORMATION

Colin Garnett Building Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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


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.

The financial statements have been prepared on the going concern basis.

Turnover
Turnover represents net invoiced sales of services, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

COLIN GARNETT BUILDING LIMITED (REGISTERED NUMBER: 10636567)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023 59,985
Additions 23,074
Disposals (27,500 )
At 30 April 2024 55,559
DEPRECIATION
At 1 March 2023 39,985
Charge for period 10,345
Eliminated on disposal (16,500 )
At 30 April 2024 33,830
NET BOOK VALUE
At 30 April 2024 21,729
At 28 February 2023 20,000

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Totals
£   
COST
At 1 March 2023
and 30 April 2024 9,750
DEPRECIATION
At 1 March 2023 5,850
Charge for period 2,275
At 30 April 2024 8,125
NET BOOK VALUE
At 30 April 2024 1,625
At 28 February 2023 3,900

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 28.2.23
value: £    £   
2 Ordinary £1 2 2

COLIN GARNETT BUILDING LIMITED (REGISTERED NUMBER: 10636567)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 30 APRIL 2024

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 April 2024 and the year ended 28 February 2023:

30.4.24 28.2.23
£    £   
Mr C L Garnett
Balance outstanding at start of period 21,545 30,136
Amounts advanced 21,112 21,545
Amounts repaid (21,545 ) (30,136 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 21,112 21,545

During the financial year the director was charged £471 (2023: £512) interest on the loan which is unsecured and repayable on demand.

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr and Mrs C L Garnett.