Company Registration No. 08979792 (England and Wales)
Stuart Young Construction Limited
Unaudited accounts
for the year ended 5 April 2024
Stuart Young Construction Limited
Unaudited accounts
Contents
Stuart Young Construction Limited
Company Information
for the year ended 5 April 2024
Company Number
08979792 (England and Wales)
Registered Office
28 The Gallops
Norton
North Yorkshire
YO17 9JU
Accountants
JLW Accounting Solutions
Shallowdale House
East Street
Swinton
North Yorkshire
YO17 6SH
Stuart Young Construction Limited
Statement of financial position
as at 5 April 2024
Tangible assets
27,591
19,994
Cash at bank and in hand
22,515
33,602
Creditors: amounts falling due within one year
(1,312)
(3,315)
Net current assets
30,148
40,029
Called up share capital
1
1
Profit and loss account
57,738
60,022
Shareholders' funds
57,739
60,023
For the year ending 5 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 4 January 2025 and were signed on its behalf by
Stuart Young
Director
Company Registration No. 08979792
Stuart Young Construction Limited
Notes to the Accounts
for the year ended 5 April 2024
Stuart Young Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 08979792. The registered office is 28 The Gallops, Norton, North Yorkshire, YO17 9JU.
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 and in accordance with FRS102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Grossed up to include CIS Tax suffered
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 6 April 2023
34,018
219
659
34,896
Additions
19,814
-
-
19,814
Disposals
(12,916)
-
-
(12,916)
At 5 April 2024
40,916
219
659
41,794
At 6 April 2023
14,500
188
214
14,902
Charge for the year
6,808
8
111
6,927
On disposals
(7,626)
-
-
(7,626)
At 5 April 2024
13,682
196
325
14,203
At 5 April 2024
27,234
23
334
27,591
At 5 April 2023
19,518
31
445
19,994
Stuart Young Construction Limited
Notes to the Accounts
for the year ended 5 April 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
107
Loans from directors
232
2,158
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).