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REGISTERED NUMBER: 05104598 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

FINDLAY CONSTRUCTION UK LIMITED

FINDLAY CONSTRUCTION UK LIMITED (REGISTERED NUMBER: 05104598)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FINDLAY CONSTRUCTION UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr G P Findlay
Mrs A Findlay





SECRETARY: Mr G P Findlay





REGISTERED OFFICE: Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH





REGISTERED NUMBER: 05104598 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH

FINDLAY CONSTRUCTION UK LIMITED (REGISTERED NUMBER: 05104598)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 46,198 59,590

CURRENT ASSETS
Debtors 5 106,533 117,264
Cash at bank and in hand 964,470 975,365
1,071,003 1,092,629
CREDITORS
Amounts falling due within one year 6 100,870 151,898
NET CURRENT ASSETS 970,133 940,731
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,016,331

1,000,321

PROVISIONS FOR LIABILITIES 7 9,771 11,322
NET ASSETS 1,006,560 988,999

CAPITAL AND RESERVES
Called up share capital 8 100 50
Capital redemption reserve 9 50 50
Retained earnings 9 1,006,410 988,899
SHAREHOLDERS' FUNDS 1,006,560 988,999

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 23 December 2024 and were signed on its behalf by:



Mr G P Findlay - Director


FINDLAY CONSTRUCTION UK LIMITED (REGISTERED NUMBER: 05104598)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Findlay Construction UK 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. 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 represents net invoiced sales of building services, excluding value added tax.

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
Computer equipment - 33% on cost

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 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

FINDLAY CONSTRUCTION UK LIMITED (REGISTERED NUMBER: 05104598)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 2,064 137 79,291 1,048 82,540
Additions - - - 2,245 2,245
At 31 March 2024 2,064 137 79,291 3,293 84,785
DEPRECIATION
At 1 April 2023 1,942 136 19,824 1,048 22,950
Charge for year 30 - 14,866 741 15,637
At 31 March 2024 1,972 136 34,690 1,789 38,587
NET BOOK VALUE
At 31 March 2024 92 1 44,601 1,504 46,198
At 31 March 2023 122 1 59,467 - 59,590

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 106,062 117,069
Prepayments 471 195
106,533 117,264

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 17,723 37,512
Tax 14,819 39,791
Social security and other taxes 2,731 7,763
VAT 19,727 24,708
Directors' current accounts 34,215 36,800
Accrued expenses 11,655 5,324
100,870 151,898

7. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax
Accelerated capital allowances 9,771 11,322

Deferred
tax
£   
Balance at 1 April 2023 11,322
Credit to Income Statement during year (1,551 )
Balance at 31 March 2024 9,771

FINDLAY CONSTRUCTION UK LIMITED (REGISTERED NUMBER: 05104598)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 50
(31.3.23 - 50 )

50 Ordinary shares of £1 were issued during the year for cash of £ 50 .

9. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 April 2023 988,899 50 988,949
Profit for the year 42,511 42,511
Dividends (25,000 ) (25,000 )
At 31 March 2024 1,006,410 50 1,006,460