Company Registration No. 09667098 (England and Wales)
Gorringe's Civil Engineering Limited
Unaudited accounts
for the year ended 30 April 2024
Gorringe's Civil Engineering Limited
Unaudited accounts
Contents
Gorringe's Civil Engineering Limited
Company Information
for the year ended 30 April 2024
Company Number
09667098 (England and Wales)
Registered Office
1 Coppice Cottages
Station Road
Berwick
BN26 6TG
Accountants
Worthweld PT Limited
5 Field End
Maresfield
Uckfield
East Sussex
TN22 2DJ
Gorringe's Civil Engineering Limited
Statement of financial position
as at 30 April 2024
Tangible assets
2,840
3,770
Cash at bank and in hand
26,650
1,223
Creditors: amounts falling due within one year
(14,667)
(2,860)
Net current assets/(liabilities)
11,983
(893)
Total assets less current liabilities
14,823
2,877
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
14,112
2,160
Shareholders' funds
14,113
2,161
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 30 November 2024 and were signed on its behalf by
O G Gorringe
Director
Company Registration No. 09667098
Gorringe's Civil Engineering Limited
Notes to the Accounts
for the year ended 30 April 2024
Gorringe's Civil Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 09667098. The registered office is 1 Coppice Cottages, Station Road, Berwick, BN26 6TG.
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.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% per annum on the reducing balance method
Computer equipment
20% per annum on the straight line basis
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Gorringe's Civil Engineering Limited
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
3,600
1,050
4,650
At 30 April 2024
3,600
1,050
4,650
Charge for the year
881
49
930
At 30 April 2024
956
854
1,810
At 30 April 2024
2,644
196
2,840
At 30 April 2023
3,525
245
3,770
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
14,196
313
Loans from directors
96
2,252
7
Deferred taxation
2024
2023
Accelerated capital allowances
710
716
Provision at start of year
716
-
(Credited)/charged to the profit and loss account
(6)
716
Provision at end of year
710
716
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Gorringe's Civil Engineering Limited
Notes to the Accounts
for the year ended 30 April 2024
9
Transactions with related parties
The company was under the control of the Director.
The Director had made a loan to the company during the year and at the end of the financial year he was owed £96 (2023: £2252).
The Director was paid dividends during the year of £40000 (2023: £2000).
No other transactions required reporting.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).