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REGISTERED NUMBER: 03294549 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

E.T. & S. CONSTRUCTION LIMITED

E.T. & S. CONSTRUCTION LIMITED (REGISTERED NUMBER: 03294549)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


E.T. & S. CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: D Thomas
A J Thomas





SECRETARY: A J Thomas





REGISTERED OFFICE: Unit 10 Bridgend
Business Park Bennett Street
Bridgend Industrial Estate
Bridgend
Mid Glamorgan
CF31 3SH





REGISTERED NUMBER: 03294549 (England and Wales)





ACCOUNTANTS: DAVID WRIGHT ACCOUNTANTS LIMITED
Unit 10
Bridgend Business Park
Bennett Street
Bridgend
Glamorgan
CF31 3SH

E.T. & S. CONSTRUCTION LIMITED (REGISTERED NUMBER: 03294549)

BALANCE SHEET
31 MAY 2024

31/5/24 31/5/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 189,782 184,014

CURRENT ASSETS
Stocks 5 69,230 47,500
Debtors 6 260,236 122,906
Cash at bank and in hand 959,316 1,295,791
1,288,782 1,466,197
CREDITORS
Amounts falling due within one year 7 1,282,983 1,208,018
NET CURRENT ASSETS 5,799 258,179
TOTAL ASSETS LESS CURRENT
LIABILITIES

195,581

442,193

CREDITORS
Amounts falling due after more than one year 8 (22,360 ) (57,434 )

PROVISIONS FOR LIABILITIES (47,446 ) (34,963 )
NET ASSETS 125,775 349,796

CAPITAL AND RESERVES
Called up share capital 9 336 336
Retained earnings 10 125,439 349,460
SHAREHOLDERS' FUNDS 125,775 349,796

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

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

E.T. & S. CONSTRUCTION LIMITED (REGISTERED NUMBER: 03294549)

BALANCE SHEET - continued
31 MAY 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 19 February 2025 and were signed on its behalf by:





D Thomas - Director


E.T. & S. CONSTRUCTION LIMITED (REGISTERED NUMBER: 03294549)

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


1. STATUTORY INFORMATION

E.T. & S. 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.

These financial statements have been prepared on the going concern basis which assumes the continuing support of the company's directors, bank and other creditors, particularly related concerns. The directors believe this support will continue and are satisfied that the company is a going concern.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance

No depreciation is charged on freehold and leasehold land.

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.

Hire purchase and leasing commitments
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 the lease term, whichever is the shorter.

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

Rentals paid under operating leases are charged to 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.

E.T. & S. CONSTRUCTION LIMITED (REGISTERED NUMBER: 03294549)

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


2. ACCOUNTING POLICIES - continued

Where zero depreciation of freehold buildings is appropriate
Freehold buildings are depreciated to write down the cost less estimated residual value over their remaining useful life by equal annual instalments . Where buildings are maintained to such a standard that their residual value is not less than their cost or valuation, no depreciation is charged as it is not material.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 June 2023 149,936 273,090 423,026
Additions 12,600 45,500 58,100
Disposals (11,054 ) (26,800 ) (37,854 )
At 31 May 2024 151,482 291,790 443,272
DEPRECIATION
At 1 June 2023 119,521 119,491 239,012
Charge for year 5,955 37,112 43,067
Eliminated on disposal (6,947 ) (21,642 ) (28,589 )
At 31 May 2024 118,529 134,961 253,490
NET BOOK VALUE
At 31 May 2024 32,953 156,829 189,782
At 31 May 2023 30,415 153,599 184,014

E.T. & S. CONSTRUCTION LIMITED (REGISTERED NUMBER: 03294549)

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


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 June 2023 143,849
Additions 45,500
At 31 May 2024 189,349
DEPRECIATION
At 1 June 2023 18,928
Charge for year 31,231
At 31 May 2024 50,159
NET BOOK VALUE
At 31 May 2024 139,190
At 31 May 2023 124,921

5. STOCKS
31/5/24 31/5/23
£    £   
Work-in-progress 69,230 47,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Trade debtors 190,946 64,662
Other debtors 69,290 58,244
260,236 122,906

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Hire purchase contracts 29,628 30,191
Trade creditors 617,756 703,281
Taxation and social security 297,671 350,307
Other creditors 337,928 124,239
1,282,983 1,208,018

E.T. & S. CONSTRUCTION LIMITED (REGISTERED NUMBER: 03294549)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/5/24 31/5/23
£    £   
Hire purchase contracts 22,360 51,988
Other creditors - 5,446
22,360 57,434

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/5/24 31/5/23
value: £    £   
300 Ordinary A £1 300 300
30 Ordinary B £1 30 30
3 Ordinary C £1 3 3
1 Ordinary D £1 1 1
1 Ordinary E £1 1 1
1 Ordinary F £1 1 1
336 336

10. RESERVES
Retained
earnings
£   

At 1 June 2023 349,460
Profit for the year 139,507
Dividends (363,528 )
At 31 May 2024 125,439