STUART BRAITHWAITE BUILDING CONTRACTORS LIMITED |
Registered number: |
04672476 |
Balance Sheet |
as at 31 March 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Intangible assets |
3 |
|
|
20,000 |
|
|
20,000 |
Tangible assets |
4 |
|
|
1,327 |
|
|
1,718 |
|
|
|
|
21,327 |
|
|
21,718 |
|
Current assets |
Stocks |
|
|
7,000 |
|
|
4,500 |
Debtors |
5 |
|
- |
|
|
7,453 |
|
|
|
7,000 |
|
|
11,953 |
|
Creditors: amounts falling due within one year |
6 |
|
(23,681) |
|
|
(27,039) |
|
Net current liabilities |
|
|
|
(16,681) |
|
|
(15,086) |
|
Total assets less current liabilities |
|
|
|
4,646 |
|
|
6,632 |
|
Creditors: amounts falling due after more than one year |
7 |
|
|
(4,333) |
|
|
(6,333) |
|
|
|
Net assets |
|
|
|
313 |
|
|
299 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
213 |
|
|
199 |
|
Shareholders' funds |
|
|
|
313 |
|
|
299 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
S Braithwaite |
Director |
Approved by the board on 26 November 2024 |
|
STUART BRAITHWAITE BUILDING CONTRACTORS LIMITED |
Notes to the Accounts |
for the year ended 31 March 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and equipment |
15% on the reducing balance basis |
|
Motor vehicle |
25% on the reducing balance basis |
|
|
Stocks |
|
Stocks 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. |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 April 2023 |
20,000 |
|
At 31 March 2024 |
20,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 31 March 2024 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2024 |
20,000 |
|
At 31 March 2023 |
20,000 |
|
|
|
|
|
|
|
|
|
|
4 |
Tangible fixed assets |
|
|
|
|
Plant and equipment |
|
Motor vehicle |
|
Total |
£ |
£ |
£ |
|
Cost |
|
At 1 April 2023 |
3,703 |
|
7,500 |
|
11,203 |
|
At 31 March 2024 |
3,703 |
|
7,500 |
|
11,203 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2023 |
3,320 |
|
6,165 |
|
9,485 |
|
Charge for the year |
57 |
|
334 |
|
391 |
|
At 31 March 2024 |
3,377 |
|
6,499 |
|
9,876 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2024 |
326 |
|
1,001 |
|
1,327 |
|
At 31 March 2023 |
383 |
|
1,335 |
|
1,718 |
|
|
5 |
Debtors |
2024 |
|
2023 |
£ |
£ |
|
|
Trade debtors |
- |
|
7,453 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Bank overdrafts |
17,087 |
|
16,577 |
|
Trade creditors and accruals |
1,525 |
|
5,451 |
|
Taxation |
4,986 |
|
4,978 |
|
Director's loan account |
83 |
|
33 |
|
|
|
|
|
|
23,681 |
|
27,039 |
|
|
|
|
|
|
|
|
|
|
7 |
Creditors: amounts falling due after one year |
2024 |
|
2023 |
£ |
£ |
|
|
Bank loan |
4,333 |
|
6,333 |
|
|
|
|
|
|
|
|
|
|
8 |
Other information |
|
|
STUART BRAITHWAITE BUILDING CONTRACTORS LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
57 Clare Road |
|
Lancaster |
|
LA1 2LU |