IRIS Accounts Production v24.3.2.46 11891815 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh118918152023-08-31118918152024-08-31118918152023-09-012024-08-31118918152022-08-31118918152022-09-012023-08-31118918152023-08-3111891815ns15:EnglandWales2023-09-012024-08-3111891815ns14:PoundSterling2023-09-012024-08-3111891815ns10:Director12023-09-012024-08-3111891815ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3111891815ns10:SmallEntities2023-09-012024-08-3111891815ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3111891815ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3111891815ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3111891815ns10:FullAccounts2023-09-012024-08-3111891815ns10:EntityHasNeverTraded2023-09-012024-08-3111891815ns10:Director22023-09-012024-08-3111891815ns10:RegisteredOffice2023-09-012024-08-3111891815ns5:CurrentFinancialInstruments2024-08-3111891815ns5:CurrentFinancialInstruments2023-08-3111891815ns5:Non-currentFinancialInstruments2024-08-3111891815ns5:Non-currentFinancialInstruments2023-08-3111891815ns5:ShareCapital2024-08-3111891815ns5:ShareCapital2023-08-3111891815ns5:RetainedEarningsAccumulatedLosses2024-08-3111891815ns5:RetainedEarningsAccumulatedLosses2023-08-3111891815ns5:PlantMachinery2023-09-012024-08-3111891815ns5:PlantMachinery2023-08-3111891815ns5:MotorVehicles2023-08-3111891815ns5:ComputerEquipment2023-08-3111891815ns5:MotorVehicles2023-09-012024-08-3111891815ns5:ComputerEquipment2023-09-012024-08-3111891815ns5:PlantMachinery2024-08-3111891815ns5:MotorVehicles2024-08-3111891815ns5:ComputerEquipment2024-08-3111891815ns5:PlantMachinery2023-08-3111891815ns5:MotorVehicles2023-08-3111891815ns5:ComputerEquipment2023-08-3111891815ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-08-3111891815ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3111891815ns5:Secured2024-08-3111891815ns5:Secured2023-08-31
REGISTERED NUMBER: 11891815 (England and Wales)













BARDIC CONSTRUCTION LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024






BARDIC CONSTRUCTION LIMITED (REGISTERED NUMBER: 11891815)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BARDIC CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: R I Oliver
H Oliver





REGISTERED OFFICE: 19a Joiners Road
Three Crosses
Swansea
SA4 3NY





REGISTERED NUMBER: 11891815 (England and Wales)





ACCOUNTANTS: Carr, Jenkins & Hood
3 New Mill Court
Enterprise Park
Swansea
SA7 9FG

BARDIC CONSTRUCTION LIMITED (REGISTERED NUMBER: 11891815)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 105,699 47,558

CURRENT ASSETS
Stocks 243,400 147,400
Debtors 5 131,250 70,672
Cash at bank and in hand 898 50,067
375,548 268,139
CREDITORS
Amounts falling due within one year 6 319,781 216,352
NET CURRENT ASSETS 55,767 51,787
TOTAL ASSETS LESS CURRENT LIABILITIES 161,466 99,345

CREDITORS
Amounts falling due after more than one
year

7

(83,927

)

(59,691

)

PROVISIONS FOR LIABILITIES (26,425 ) (9,987 )
NET ASSETS 51,114 29,667

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 51,013 29,566
SHAREHOLDERS' FUNDS 51,114 29,667

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

BARDIC CONSTRUCTION LIMITED (REGISTERED NUMBER: 11891815)

BALANCE SHEET - continued
31 AUGUST 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 February 2025 and were signed on its behalf by:





R I Oliver - Director


BARDIC CONSTRUCTION LIMITED (REGISTERED NUMBER: 11891815)

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


1. STATUTORY INFORMATION

Bardic Construction 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.

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 amounts receivable for completed contracts net of VAT, to the extent that there is a right to consideration and is recorded at the value of the consideration due.

Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion.

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 etc - 25% on cost and 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 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.

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

BARDIC CONSTRUCTION LIMITED (REGISTERED NUMBER: 11891815)

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


2. ACCOUNTING POLICIES - continued

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 17 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023 9,006 131,329 1,896 142,231
Additions 14,000 87,845 - 101,845
Disposals - (17,995 ) - (17,995 )
At 31 August 2024 23,006 201,179 1,896 226,081
DEPRECIATION
At 1 September 2023 4,205 88,699 1,769 94,673
Charge for year 3,901 30,304 127 34,332
Eliminated on disposal - (8,623 ) - (8,623 )
At 31 August 2024 8,106 110,380 1,896 120,382
NET BOOK VALUE
At 31 August 2024 14,900 90,799 - 105,699
At 31 August 2023 4,801 42,630 127 47,558

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 131,250 70,672

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 18,474 26,441
Hire purchase contracts 16,345 8,235
Trade creditors 93,398 77,777
Taxation and social security 135,550 70,365
Other creditors 56,014 33,534
319,781 216,352

BARDIC CONSTRUCTION LIMITED (REGISTERED NUMBER: 11891815)

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


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 23,333 36,667
Hire purchase contracts 60,594 23,024
83,927 59,691

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 36,666 50,000
Hire purchase contracts 76,939 31,259
113,605 81,259

9. CAPITAL COMMITMENTS
2024 2023
£    £   
Contracted but not provided for in the
financial statements 12,875 -