3 4 C & C Maintenance Ltd 07691876 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is repair and maintenance of transportation Digita Accounts Production Advanced 6.30.9574.0 true 07691876 2023-08-01 2024-07-31 07691876 2024-07-31 07691876 bus:OrdinaryShareClass1 2024-07-31 07691876 bus:OrdinaryShareClass2 2024-07-31 07691876 core:CurrentFinancialInstruments 2024-07-31 07691876 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 07691876 core:Non-currentFinancialInstruments 2024-07-31 07691876 core:Non-currentFinancialInstruments core:AfterOneYear 2024-07-31 07691876 core:FurnitureFittings 2024-07-31 07691876 core:PlantMachinery 2024-07-31 07691876 bus:SmallEntities 2023-08-01 2024-07-31 07691876 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 07691876 bus:FilletedAccounts 2023-08-01 2024-07-31 07691876 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07691876 bus:RegisteredOffice 2023-08-01 2024-07-31 07691876 bus:Director1 2023-08-01 2024-07-31 07691876 bus:OrdinaryShareClass1 2023-08-01 2024-07-31 07691876 bus:OrdinaryShareClass2 2023-08-01 2024-07-31 07691876 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07691876 bus:Agent1 2023-08-01 2024-07-31 07691876 core:FurnitureFittings 2023-08-01 2024-07-31 07691876 core:PlantMachinery 2023-08-01 2024-07-31 07691876 countries:AllCountries 2023-08-01 2024-07-31 07691876 2023-07-31 07691876 core:FurnitureFittings 2023-07-31 07691876 core:PlantMachinery 2023-07-31 07691876 2022-08-01 2023-07-31 07691876 2023-07-31 07691876 bus:OrdinaryShareClass1 2023-07-31 07691876 bus:OrdinaryShareClass2 2023-07-31 07691876 core:CurrentFinancialInstruments 2023-07-31 07691876 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 07691876 core:Non-currentFinancialInstruments 2023-07-31 07691876 core:Non-currentFinancialInstruments core:AfterOneYear 2023-07-31 07691876 core:FurnitureFittings 2023-07-31 07691876 core:PlantMachinery 2023-07-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 07691876

C & C Maintenance Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 July 2024

 

C & C Maintenance Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

C & C Maintenance Ltd

Company Information

Director

Mr. LJ Walker

Registered office

5 Northfield Close
Deanshanger
Milton Keynes
Bucks
MK19 6UY

Accountants

Veracitas Financial Consultants Ltd
Chartered8 Park View
Tickford Street
Newport Pagnell
Buckinghamshire
MK16 9AD

 

C & C Maintenance Ltd

(Registration number: 07691876)
Balance Sheet as at 31 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

15,250

13,595

Current assets

 

Stocks

5

-

1,200

Debtors

6

6,421

85,861

Cash at bank and in hand

 

84,951

130,648

 

91,372

217,709

Creditors: Amounts falling due within one year

7

(9,927)

(64,881)

Net current assets

 

81,445

152,828

Total assets less current liabilities

 

96,695

166,423

Creditors: Amounts falling due after more than one year

7

(1,319)

(3,919)

Net assets

 

95,376

162,504

Capital and reserves

 

Called up share capital

8

200

200

Retained earnings

95,176

162,304

Shareholders' funds

 

95,376

162,504

For the financial year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 2 September 2024
 

.........................................
Mr. LJ Walker
Director

 

C & C Maintenance Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

1

General information

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

The address of its registered office is:
5 Northfield Close
Deanshanger
Milton Keynes
Bucks
MK19 6UY

These financial statements were authorised for issue by the director on 2 September 2024.

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

C & C Maintenance Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

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:

Asset class

Depreciation method and rate

Plant and Machinery

25% Reducing Balance

Office Equipment

25% Reducing Balance

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

Borrowings

 

C & C Maintenance Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2023 - 4).

 

C & C Maintenance Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

4

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Total
£

Cost or valuation

At 1 August 2023

1,432

75,965

77,397

Additions

-

6,739

6,739

At 31 July 2024

1,432

82,704

84,136

Depreciation

At 1 August 2023

1,325

62,477

63,802

Charge for the year

27

5,057

5,084

At 31 July 2024

1,352

67,534

68,886

Carrying amount

At 31 July 2024

80

15,170

15,250

At 31 July 2023

107

13,488

13,595

5

Stocks

2024
£

2023
£

Other inventories

-

1,200

6

Debtors

Current

2024
£

2023
£

Trade debtors

5,614

85,861

Other debtors

807

-

 

6,421

85,861

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

6,184

26,889

Taxation and social security

2,143

36,392

Accruals and deferred income

1,600

1,600

9,927

64,881

 

C & C Maintenance Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

9

1,319

3,919

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary A Class of £1 each

100

100

100

100

Ordinary B Class of £1 each

100

100

100

100

200

200

200

200

9

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Other borrowings

1,319

3,919