Company Registration No. 11199163 (England and Wales)
Contingent Works LTD
Unaudited accounts
for the year ended 29 February 2024
Contingent Works LTD
Unaudited accounts
Contents
Contingent Works LTD
Company Information
for the year ended 29 February 2024
Directors
Mr E M Buck
Mr S G Somerville
Company Number
11199163 (England and Wales)
Registered Office
3 Broadway Buildings
Elmfield Road
Bromley
BR1 1LW
London
Accountants
Sagay Accounting
1 Elmfield Park
Bromley
BR1 1LU
Contingent Works LTD
Statement of financial position
as at 29 February 2024
Tangible assets
163,996
181,398
Cash at bank and in hand
1,622
1,446
Creditors: amounts falling due within one year
(50,618)
(53,475)
Net current assets
1,713
33,844
Total assets less current liabilities
165,709
215,242
Creditors: amounts falling due after more than one year
(71,339)
(427,056)
Net assets/(liabilities)
94,370
(211,814)
Called up share capital
422,419
5,004
Profit and loss account
(328,049)
(216,818)
Shareholders' funds
94,370
(211,814)
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by
Mr E M Buck
Director
Company Registration No. 11199163
Contingent Works LTD
Notes to the Accounts
for the year ended 29 February 2024
Contingent Works LTD is a private company, limited by shares, registered in England and Wales, registration number 11199163. The registered office is 3 Broadway Buildings, Elmfield Road, Bromley, BR1 1LW, London.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life.
Land & buildings
Leasehold improvements - Straight line over 5 years
Plant & machinery
25% on reducing balance
Fixtures & fittings
Straight line over 5 years
Computer equipment
33% on cost
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2023
152,184
21,774
78,422
2,257
254,637
Additions
10,507
495
3,003
1,778
15,783
At 29 February 2024
162,691
22,269
81,425
4,035
270,420
At 1 March 2023
41,932
8,804
21,112
1,391
73,239
Charge for the year
15,664
3,458
13,454
609
33,185
At 29 February 2024
57,596
12,262
34,566
2,000
106,424
At 29 February 2024
105,095
10,007
46,859
2,035
163,996
At 28 February 2023
110,252
12,970
57,310
866
181,398
Contingent Works LTD
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
50,000
73,470
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
18,864
6,475
Taxes and social security
1,021
(4,064)
Other creditors
11,932
14,967
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
-
144,811
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).