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REGISTERED NUMBER: 01990161 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024

FOR

CITY CONSTRUCTION (LONGCROFT) LIMITED

CITY CONSTRUCTION (LONGCROFT) LIMITED (REGISTERED NUMBER: 01990161)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CITY CONSTRUCTION (LONGCROFT) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTOR: J C Cornish





SECRETARY: Mrs N J Cornish





REGISTERED OFFICE: 89 John Wilson Business Park
Chestfield
Whitstable
Kent
CT5 3QT





REGISTERED NUMBER: 01990161 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
2 The Links
HERNE BAY
Kent
CT6 7GQ

CITY CONSTRUCTION (LONGCROFT) LIMITED (REGISTERED NUMBER: 01990161)

BALANCE SHEET
30TH APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 14,341 9,676

CURRENT ASSETS
Stocks 5,000 15,000
Debtors 6 711,279 803,584
Cash at bank and in hand 37,400 36,748
753,679 855,332
CREDITORS
Amounts falling due within one year 7 670,693 866,028
NET CURRENT ASSETS/(LIABILITIES) 82,986 (10,696 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,327

(1,020

)

CREDITORS
Amounts falling due after more than one
year

8

13,839

27,336
NET ASSETS/(LIABILITIES) 83,488 (28,356 )

CAPITAL AND RESERVES
Called up share capital 423 423
Capital redemption reserve 50 50
Retained earnings 83,015 (28,829 )
SHAREHOLDERS' FUNDS 83,488 (28,356 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 26th November 2024 and were signed by:





J C Cornish - Director


CITY CONSTRUCTION (LONGCROFT) LIMITED (REGISTERED NUMBER: 01990161)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

City Construction (Longcroft) 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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

Taxation
Taxation for the year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

CITY CONSTRUCTION (LONGCROFT) LIMITED (REGISTERED NUMBER: 01990161)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

3. ACCOUNTING POLICIES - continued

Amounts recoverable on contracts
Long-term and short-term contracts have been included in the company's balance sheet at the amount by which recorded turnover is in excess of payments on account and retentions, and classified as "amounts recoverable on contracts", and disclosed separately within debtors. At the balance sheet date, total contract values were assessed and reflected in the profit and loss account by recording turnover in a manner appropriate to the stage of completion of the contract.

Going concern basis of accounting
Trade creditor payment terms are being met and business since the year end has gone well. The company has payment plans with HMRC to settle outstanding liabilities, which are being met. Consequently, the Director believes the going concern basis of accounting is appropriate

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 18 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1st May 2023 8,599 45,304 18,495 72,398
Additions - 9,446 - 9,446
At 30th April 2024 8,599 54,750 18,495 81,844
DEPRECIATION
At 1st May 2023 8,147 43,883 10,692 62,722
Charge for year 113 2,717 1,951 4,781
At 30th April 2024 8,260 46,600 12,643 67,503
NET BOOK VALUE
At 30th April 2024 339 8,150 5,852 14,341
At 30th April 2023 452 1,421 7,803 9,676

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 36,176 22,021
Amounts recoverable on contract 538,872 616,358
Other debtors 136,231 165,205
711,279 803,584

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,213 9,957
Hire purchase contracts 3,284 3,238
Trade creditors 220,564 229,090
Taxation and social security 192,421 444,800
Other creditors 244,211 178,943
670,693 866,028

CITY CONSTRUCTION (LONGCROFT) LIMITED (REGISTERED NUMBER: 01990161)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 12,237 22,450
Hire purchase contracts 1,602 4,886
13,839 27,336