Company Registration No. 01183662 (England and Wales)
Bristol and Avon Contractors Limited
Unaudited accounts
for the year ended 31 December 2024
Bristol and Avon Contractors Limited
Unaudited accounts
Contents
Bristol and Avon Contractors Limited
Company Information
for the year ended 31 December 2024
Directors
D W Trimble
T Trimble
Company Number
01183662 (England and Wales)
Registered Office
40 KERSTEMAN ROAD
REDLAND
BRISTOL
BS6 7BX
Accountants
Vertical Consulting Ltd
18 Wellington Park
Clifton
Bristol
Bristol
BS8 2UT
Bristol and Avon Contractors Limited
Statement of financial position
as at 31 December 2024
Tangible assets
16,831
22,401
Investment property
1,000,000
1,000,000
Cash at bank and in hand
11,258
2,045
Creditors: amounts falling due within one year
(23,249)
(14,458)
Net current assets
136,502
127,091
Total assets less current liabilities
1,153,333
1,149,492
Creditors: amounts falling due after more than one year
(8,897)
(16,014)
Provisions for liabilities
Deferred tax
(201,932)
(203,324)
Net assets
942,504
930,154
Called up share capital
1,000
1,000
Fair value reserve
727,872
727,872
Profit and loss account
213,632
201,282
Shareholders' funds
942,504
930,154
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 March 2025 and were signed on its behalf by
D W Trimble
Director
Company Registration No. 01183662
Bristol and Avon Contractors Limited
Notes to the Accounts
for the year ended 31 December 2024
Bristol and Avon Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 01183662. The registered office is 40 KERSTEMAN ROAD, REDLAND, BRISTOL, BS6 7BX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on the reducing balance basis
Motor vehicles
25% on the reducing balance basis
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Bristol and Avon Contractors Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2024
2,683
29,469
32,152
At 31 December 2024
2,683
29,469
32,152
At 1 January 2024
2,384
7,367
9,751
Charge for the year
45
5,525
5,570
At 31 December 2024
2,429
12,892
15,321
At 31 December 2024
254
16,577
16,831
At 31 December 2023
299
22,102
22,401
Fair value at 1 January 2024
1,000,000
At 31 December 2024
1,000,000
Amounts falling due within one year
Amounts due from group undertakings etc.
148,493
139,504
7
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
7,117
7,117
Taxes and social security
4,012
-
Other creditors
4,207
4,049
Loans from directors
5,393
1,192
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
8,897
16,014
Bristol and Avon Contractors Limited
Notes to the Accounts
for the year ended 31 December 2024
9
Transactions with related parties
Included in other debtors - amounts owed by group undertakings is an amount of £148,493 ( 2023 - £139,504 ) owed to the company by Conver Properties Ltd. The loan has no specific terms for repayment and accordingly is regarded as due for repayment within one year. No interest is charged on the loan.
During the year Bristol and Avon Contractors Ltd lent Conver Properties Ltd an additional sum of £8,989
Conver Properties Ltd is the company's holding company. This company is registered in England and Wales.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).