9 August 2023 false No description of principal activity Taxfiler 2024.6 15061352business:PrivateLimitedCompanyLtd2023-08-092024-12-31 150613522023-08-08 150613522023-08-092024-12-31 15061352business:AuditExempt-NoAccountantsReport2023-08-092024-12-31 15061352business:FilletedAccounts2023-08-092024-12-31 150613522024-12-31 15061352business:Director12023-08-092024-12-31 15061352business:RegisteredOffice2023-08-092024-12-31 15061352core:WithinOneYear2024-12-31 15061352core:AfterOneYear2024-12-31 15061352core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 15061352core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 15061352core:PreviouslyStatedAmount2024-12-31 15061352business:SmallEntities2023-08-092024-12-31 15061352countries:EnglandWales2023-08-092024-12-31 15061352core:PlantMachinery2023-08-092024-12-31 15061352core:MotorVehicles2023-08-092024-12-31 15061352core:FurnitureFittings2023-08-092024-12-31 15061352core:ComputerEquipment2023-08-092024-12-31 15061352core:PlantMachinery2023-08-08 15061352core:MotorVehicles2023-08-08 15061352core:FurnitureFittings2023-08-08 15061352core:ComputerEquipment2023-08-08 15061352core:PlantMachinery2024-12-31 15061352core:MotorVehicles2024-12-31 15061352core:FurnitureFittings2024-12-31 15061352core:ComputerEquipment2024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 15061352 (England and Wales)
WEAR VALLEY CONSTRUCTION LTD Unaudited accounts for the period from 9 August 2023 to 31 December 2024
WEAR VALLEY CONSTRUCTION LTD Unaudited accounts Contents
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WEAR VALLEY CONSTRUCTION LTD Company Information for the period from 9 August 2023 to 31 December 2024
Director
Preston Hamilton
Company Number
15061352 (England and Wales)
Registered Office
3 RICHARDSON COURT WILLINGTON CROOK DURHAM DL15 0EB ENGLAND
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WEAR VALLEY CONSTRUCTION LTD Statement of financial position as at 31 December 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
76,822 
Current assets
Debtors
79,213 
Cash at bank and in hand
60,758 
139,971 
Creditors: amounts falling due within one year
(97,715)
Net current assets
42,256 
Total assets less current liabilities
119,078 
Creditors: amounts falling due after more than one year
(45,711)
Net assets
73,367 
Capital and reserves
Called up share capital
2 
Profit and loss account
73,365 
Shareholders' funds
73,367 
For the period ending 31 December 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 5 January 2025 and were signed on its behalf by
Preston Hamilton Director Company Registration No. 15061352
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WEAR VALLEY CONSTRUCTION LTD Notes to the Accounts for the period from 9 August 2023 to 31 December 2024
1
Statutory information
WEAR VALLEY CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 15061352. The registered office is 3 RICHARDSON COURT, WILLINGTON, CROOK, DURHAM, DL15 0EB, ENGLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
5 Years
Motor vehicles
5 Years
Fixtures & fittings
5 Years
Computer equipment
3 Years
Hire Purchase Policy
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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WEAR VALLEY CONSTRUCTION LTD Notes to the Accounts for the period from 9 August 2023 to 31 December 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 9 August 2023
- 
- 
- 
- 
- 
Additions
4,000 
76,777 
1,541 
654 
82,972 
At 31 December 2024
4,000 
76,777 
1,541 
654 
82,972 
Depreciation
Charge for the period
400 
5,376 
155 
219 
6,150 
At 31 December 2024
400 
5,376 
155 
219 
6,150 
Net book value
At 31 December 2024
3,600 
71,401 
1,386 
435 
76,822 
5
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
67,127 
Other debtors
12,086 
79,213 
6
Creditors: amounts falling due within one year
2024 
£ 
VAT
3,072 
Obligations under finance leases and hire purchase contracts
15,775 
Trade creditors
42,967 
Taxes and social security
35,901 
97,715 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Obligations under finance leases and hire purchase contracts
45,711 
8
Average number of employees
During the period the average number of employees was 1.
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