Estate Construction Limited 03853051 true 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is dormant company Digita Accounts Production Advanced 6.30.9574.0 true BJ Mohammed true 03853051 2023-05-01 2024-04-30 03853051 2024-04-30 03853051 bus:OrdinaryShareClass1 2024-04-30 03853051 core:RetainedEarningsAccumulatedLosses 2024-04-30 03853051 core:ShareCapital 2024-04-30 03853051 core:CurrentFinancialInstruments 2024-04-30 03853051 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 03853051 core:LandBuildings 2024-04-30 03853051 bus:FRS102 2023-05-01 2024-04-30 03853051 bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 03853051 bus:FullAccounts 2023-05-01 2024-04-30 03853051 bus:RegisteredOffice 2023-05-01 2024-04-30 03853051 bus:Director1 2023-05-01 2024-04-30 03853051 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 03853051 bus:EntityHasNeverTraded 2023-05-01 2024-04-30 03853051 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 03853051 countries:EnglandWales 2023-05-01 2024-04-30 03853051 2023-04-30 03853051 core:LandBuildings 2023-04-30 03853051 2021-11-01 2023-04-30 03853051 2023-04-30 03853051 bus:OrdinaryShareClass1 2023-04-30 03853051 core:RetainedEarningsAccumulatedLosses 2023-04-30 03853051 core:ShareCapital 2023-04-30 03853051 core:CurrentFinancialInstruments 2023-04-30 03853051 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 03853051 core:LandBuildings 2023-04-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03853051

Estate Construction Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2024

 

Estate Construction Limited

Profit and Loss Account for the Year Ended 30 April 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Estate Construction Limited

(Registration number: 03853051)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

2,500

2,500

Current assets

 

Debtors

4

1,939

1,939

Cash at bank and in hand

 

100

100

 

2,039

2,039

Creditors: Amounts falling due within one year

6

(11,351)

(11,351)

Net current liabilities

 

(9,312)

(9,312)

Net liabilities

 

(6,812)

(6,812)

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

(6,912)

(6,912)

Shareholders' deficit

 

(6,812)

(6,812)

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 17 January 2025
 

.........................................
BJ Mohammed
Director

 

Estate Construction Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
C/o The McCay Partnership
24 Capital Business Centre
22 Carlton Road
South Croydon
Surrey
CR2 0BS
England

The principal place of business is:
85 Stomp Road
Burnham
Bucks
SL1 7NA
United Kingdom

These financial statements were authorised for issue by the director on 17 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Estate Construction Limited

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

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 May 2023

2,500

2,500

At 30 April 2024

2,500

2,500

Depreciation

Carrying amount

At 30 April 2024

2,500

2,500

At 30 April 2023

2,500

2,500

Included within the net book value of land and buildings above is £2,500 (2023 - £2,500) in respect of freehold land and buildings.
 

 

Estate Construction Limited

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

4

Debtors

Current

2024
£

2023
£

Trade debtors

1,939

1,939

 

1,939

1,939

5

Cash and cash equivalents

2024
£

2023
£

Cash on hand

100

100

6

Creditors

2024
£

2023
£

Due within one year

Other payables

10,751

10,751

Accruals

600

600

11,351

11,351

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

       

8

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).