IRIS Accounts Production v24.2.0.383 07876166 director 1.1.23 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078761662022-12-31078761662023-12-31078761662023-01-012023-12-31078761662021-12-31078761662022-01-012022-12-31078761662022-12-3107876166ns15:EnglandWales2023-01-012023-12-3107876166ns14:PoundSterling2023-01-012023-12-3107876166ns10:Director12023-01-012023-12-3107876166ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3107876166ns10:SmallEntities2023-01-012023-12-3107876166ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3107876166ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3107876166ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3107876166ns10:FullAccounts2023-01-012023-12-310787616612023-01-012023-12-3107876166ns10:CompanySecretary12023-01-012023-12-3107876166ns10:RegisteredOffice2023-01-012023-12-3107876166ns5:CurrentFinancialInstruments2023-12-3107876166ns5:CurrentFinancialInstruments2022-12-3107876166ns5:Non-currentFinancialInstruments2023-12-3107876166ns5:Non-currentFinancialInstruments2022-12-3107876166ns5:ShareCapital2023-12-3107876166ns5:ShareCapital2022-12-3107876166ns5:RetainedEarningsAccumulatedLosses2023-12-3107876166ns5:RetainedEarningsAccumulatedLosses2022-12-3107876166ns5:NetGoodwill2023-01-012023-12-3107876166ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3107876166ns5:PlantMachinery2023-01-012023-12-3107876166ns5:MotorVehicles2023-01-012023-12-3107876166ns5:NetGoodwill2022-12-3107876166ns5:NetGoodwill2023-12-3107876166ns5:NetGoodwill2022-12-3107876166ns5:PlantMachinery2022-12-3107876166ns5:MotorVehicles2022-12-3107876166ns5:PlantMachinery2023-12-3107876166ns5:MotorVehicles2023-12-3107876166ns5:PlantMachinery2022-12-3107876166ns5:MotorVehicles2022-12-3107876166ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-12-3107876166ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-12-3107876166ns5:LeasedAssetsHeldAsLessee2022-12-3107876166ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-01-012023-12-3107876166ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-01-012023-12-3107876166ns5:LeasedAssetsHeldAsLessee2023-01-012023-12-3107876166ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-3107876166ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-12-3107876166ns5:LeasedAssetsHeldAsLessee2023-12-3107876166ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-12-3107876166ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-12-3107876166ns5:LeasedAssetsHeldAsLessee2022-12-3107876166ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3107876166ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-3107876166ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-12-3107876166ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2022-12-31
REGISTERED NUMBER: 07876166 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

VIKING BUILDING AND JOINERY CONTRACTORS
LIMITED

VIKING BUILDING AND JOINERY CONTRACTORS
LIMITED (REGISTERED NUMBER: 07876166)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VIKING BUILDING AND JOINERY CONTRACTORS
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTOR: M D Alder





SECRETARY:





REGISTERED OFFICE: Unit 3
Humber Street Workshops
Humber Street
Goole
East Yorkshire
DN14 5UJ





REGISTERED NUMBER: 07876166 (England and Wales)





ACCOUNTANTS: Flemingate - Accountancy and Taxation
1 Village Courtyard
High Street
Holme on Spalding Moor
York
North Yorkshire
YO43 4AA

VIKING BUILDING AND JOINERY CONTRACTORS
LIMITED (REGISTERED NUMBER: 07876166)

BALANCE SHEET
31ST DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 21,649 34,486
21,650 34,487

CURRENT ASSETS
Stocks 11,040 2,000
Debtors 6 4,511 500
15,551 2,500
CREDITORS
Amounts falling due within one year 7 79,714 79,432
NET CURRENT LIABILITIES (64,163 ) (76,932 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(42,513

)

(42,445

)

CREDITORS
Amounts falling due after more than one
year

8

9,996

783
NET LIABILITIES (52,509 ) (43,228 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (52,511 ) (43,230 )
SHAREHOLDERS' FUNDS (52,509 ) (43,228 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 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.

VIKING BUILDING AND JOINERY CONTRACTORS
LIMITED (REGISTERED NUMBER: 07876166)

BALANCE SHEET - continued
31ST DECEMBER 2023


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 30th November 2024 and were signed by:





M D Alder - Director


VIKING BUILDING AND JOINERY CONTRACTORS
LIMITED (REGISTERED NUMBER: 07876166)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023

1. STATUTORY INFORMATION

Viking Building And Joinery Contractors 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.

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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 15% 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.

VIKING BUILDING AND JOINERY CONTRACTORS
LIMITED (REGISTERED NUMBER: 07876166)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2023
and 31st December 2023 10,000
AMORTISATION
At 1st January 2023
and 31st December 2023 9,999
NET BOOK VALUE
At 31st December 2023 1
At 31st December 2022 1

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st January 2023 68,425 28,197 96,622
Additions - 17,000 17,000
Disposals (52,180 ) - (52,180 )
At 31st December 2023 16,245 45,197 61,442
DEPRECIATION
At 1st January 2023 40,234 21,902 62,136
Charge for year 737 5,824 6,561
Eliminated on disposal (28,904 ) - (28,904 )
At 31st December 2023 12,067 27,726 39,793
NET BOOK VALUE
At 31st December 2023 4,178 17,471 21,649
At 31st December 2022 28,191 6,295 34,486

VIKING BUILDING AND JOINERY CONTRACTORS
LIMITED (REGISTERED NUMBER: 07876166)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st January 2023 52,180 - 52,180
Additions - 17,000 17,000
Disposals (52,180 ) - (52,180 )
At 31st December 2023 - 17,000 17,000
DEPRECIATION
At 1st January 2023 28,904 - 28,904
Charge for year - 4,250 4,250
Eliminated on disposal (28,904 ) - (28,904 )
At 31st December 2023 - 4,250 4,250
NET BOOK VALUE
At 31st December 2023 - 12,750 12,750
At 31st December 2022 23,276 - 23,276

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 4,011 -
Prepayments 500 500
4,511 500

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 20,937 29,293
Trade creditors 9,443 3,932
VAT 11,031 3,415
Directors' current accounts 36,303 40,792
Accrued expenses 2,000 2,000
79,714 79,432

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans - 1-2 years 9,996 783

VIKING BUILDING AND JOINERY CONTRACTORS
LIMITED (REGISTERED NUMBER: 07876166)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Throughout the course of the period the company transacted with the director by way on an interest free loan account. The balance owing to the director at the balance sheet date was £ 36,303.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is not known.

The ultimate controlling party is the director and his wife who own 100% of the issued share capital.