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REGISTERED NUMBER: 03158881 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

CLANCY BUILDING SERVICES LIMITED

CLANCY BUILDING SERVICES LIMITED (REGISTERED NUMBER: 03158881)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CLANCY BUILDING SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: Mrs A J Eamer
V Eamer





SECRETARY: Mrs A J Eamer





REGISTERED OFFICE: Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA





BUSINESS ADDRESS: Unit 1
Llanthony Business Park
Llanthony Road
Gloucester
GL2 5QT





REGISTERED NUMBER: 03158881 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

CLANCY BUILDING SERVICES LIMITED (REGISTERED NUMBER: 03158881)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 85,648 21,252

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 5 84,741 142,221
Cash at bank 578,218 573,032
665,959 718,253
CREDITORS
Amounts falling due within one year 6 91,091 134,480
NET CURRENT ASSETS 574,868 583,773
TOTAL ASSETS LESS CURRENT
LIABILITIES

660,516

605,025

PROVISIONS FOR LIABILITIES 21,412 5,322
NET ASSETS 639,104 599,703

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 639,004 599,603
SHAREHOLDERS' FUNDS 639,104 599,703

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

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

CLANCY BUILDING SERVICES LIMITED (REGISTERED NUMBER: 03158881)

BALANCE SHEET - continued
30 NOVEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 February 2025 and were signed on its behalf by:





Mrs A J Eamer - Director


CLANCY BUILDING SERVICES LIMITED (REGISTERED NUMBER: 03158881)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Clancy Building Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 the total amount receivable by the company for goods supplied and services provided during the year exclusive of VAT and trade discounts.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery- 25% on reducing balance
Motor vehicles- 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors and inter company loans.

Trade debtors and trade creditors are measured at the undiscounted amount of the cash expected to be paid or received.

Inter company loans are repayable on demand.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


CLANCY BUILDING SERVICES LIMITED (REGISTERED NUMBER: 03158881)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 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.

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.

Provisions
Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

Going concern
The director has considered the risks and issues concerning the company and it's activities and no material uncertainties that may cast significant doubt about the company's ability of the company to continue as a going concern have been identified by the directors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 December 2023 18,849 60,495 79,344
Additions 3,132 91,000 94,132
Disposals (10,778 ) (10,049 ) (20,827 )
At 30 November 2024 11,203 141,446 152,649
DEPRECIATION
At 1 December 2023 12,957 45,135 58,092
Charge for year 2,148 26,401 28,549
Eliminated on disposal (10,346 ) (9,294 ) (19,640 )
At 30 November 2024 4,759 62,242 67,001
NET BOOK VALUE
At 30 November 2024 6,444 79,204 85,648
At 30 November 2023 5,892 15,360 21,252

CLANCY BUILDING SERVICES LIMITED (REGISTERED NUMBER: 03158881)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 24,378 79,603
Inter company account 58,159 60,597
Prepayments 2,204 2,021
84,741 142,221

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 9,646 46,019
Corporation Tax 10,711 15,327
VAT 18,668 14,266
Other creditors 261 -
Directors' current accounts 47,982 55,131
Accrued expenses 3,823 3,737
91,091 134,480

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

2024 2023
£    £   
Mrs A J Eamer
Balance outstanding at start of year (55,131 ) (2,740 )
Amounts advanced 53,565 550
Amounts repaid (46,416 ) (52,941 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (47,982 ) (55,131 )

No interest has been charged on the loan and there are no set repayment terms.