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REGISTERED NUMBER: 12572150 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Bode Contracting Ltd

Bode Contracting Ltd (Registered number: 12572150)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bode Contracting Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: D P Bodell
J L Bodell





REGISTERED OFFICE: Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW





REGISTERED NUMBER: 12572150 (England and Wales)





ACCOUNTANTS: torr waterfield
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

Bode Contracting Ltd (Registered number: 12572150)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 5,041 -
Tangible assets 5 167,543 121,494
172,584 121,494

CURRENT ASSETS
Debtors 6 1,387,416 1,749,057
Cash at bank and in hand 1,400,718 552,814
2,788,134 2,301,871
CREDITORS
Amounts falling due within one year 7 (2,088,826 ) (1,736,596 )
NET CURRENT ASSETS 699,308 565,275
TOTAL ASSETS LESS CURRENT
LIABILITIES

871,892

686,769

CREDITORS
Amounts falling due after more than one
year

8

(12,167

)

(26,019

)

PROVISIONS FOR LIABILITIES (41,886 ) (30,374 )
NET ASSETS 817,839 630,376

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 817,837 630,374
817,839 630,376

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Bode Contracting Ltd (Registered number: 12572150)

Balance Sheet - continued
30 April 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2024 and were signed on its behalf by:





D P Bodell - Director


Bode Contracting Ltd (Registered number: 12572150)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Bode Contracting Ltd 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 net of VAT and trade discounts.

Construction contracts
When the outcome of a construction contract can be estimated reliably, contract costs and turnover are recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to surveys of work performed.

Where the outcome cannot be measured reliably, contract costs are recognised as an expense in the period in which they are incurred and contract turnover is recognised to the extent of costs incurred that it is probable will be recoverable.

When it is probable that contract costs will exceed the total contract turnover, the expected loss is recognised as an expense immediately, with a corresponding provision.

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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 - 12.5% on cost
Fixtures and fittings - 20% on cost
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 Profit and Loss Account, 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.


Bode Contracting Ltd (Registered number: 12572150)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 lease term, whichever is shorter.

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

Rentals paid under operating leases are charged to the profit or loss on a straight line basis over the period of the lease.

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 7 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 5,601
At 30 April 2024 5,601
AMORTISATION
Charge for year 560
At 30 April 2024 560
NET BOOK VALUE
At 30 April 2024 5,041

Bode Contracting Ltd (Registered number: 12572150)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 4,615 6,828 113,938 29,312 154,693
Additions - 3,100 125,754 11,299 140,153
Disposals - - (37,992 ) (1,457 ) (39,449 )
At 30 April 2024 4,615 9,928 201,700 39,154 255,397
DEPRECIATION
At 1 May 2023 1,309 1,764 15,324 14,802 33,199
Charge for year 577 1,660 43,160 11,109 56,506
Eliminated on disposal - - (781 ) (1,070 ) (1,851 )
At 30 April 2024 1,886 3,424 57,703 24,841 87,854
NET BOOK VALUE
At 30 April 2024 2,729 6,504 143,997 14,313 167,543
At 30 April 2023 3,306 5,064 98,614 14,510 121,494

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 46,140 812,962
Amounts owed by group undertakings 104,573 641,744
Amounts recoverable on contracts 1,067,311 92,160
Other debtors 169,392 202,191
1,387,416 1,749,057

Other debtors include prepayments and accrued income of £16,115 (2023 - £11,016).

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 13,852 13,852
Payments on account - 707,670
Trade creditors 783,714 689,203
Taxation and social security 756,092 42,374
Other creditors 535,168 283,497
2,088,826 1,736,596

Other creditors included accruals and deferred income of £259,860 (2023 - £199,114).

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 12,167 26,019

Bode Contracting Ltd (Registered number: 12572150)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Hire purchase contracts 26,019 39,871

The hire purchase creditor is secured against the assets being so acquired.