Registered number
11410016
Loudon Construction Ltd
Unaudited Filleted Accounts
30 June 2024
Loudon Construction Ltd
Registered number: 11410016
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 19,382 25,843
Current assets
Debtors 4 400,496 259,551
Creditors: amounts falling due within one year 5 (647,282) (381,986)
Net current liabilities (246,786) (122,435)
Total assets less current liabilities (227,404) (96,592)
Creditors: amounts falling due after more than one year 6 (5,589) (11,884)
Provisions for liabilities (2,696) (2,696)
Net liabilities (235,689) (111,172)
Capital and reserves
Called up share capital 100 100
Profit and loss account (235,789) (111,272)
Shareholders' funds (235,689) (111,172)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
C L Carass
Director
Approved by the board on 26 March 2025
Loudon Construction Ltd
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Motor vehicles
£
Cost
At 1 July 2023 42,145
At 30 June 2024 42,145
Depreciation
At 1 July 2023 16,302
Charge for the year 6,461
At 30 June 2024 22,763
Net book value
At 30 June 2024 19,382
At 30 June 2023 25,843
4 Debtors 2024 2023
£ £
Trade debtors 7,500 41,208
Corporation Tax Recoverable - 11,413
Amounts Recoverable on Contracts 392,996 206,930
400,496 259,551
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 2,244 1,111
Obligations under finance lease and hire purchase contracts 6,299 6,299
Trade creditors 37,362 25,940
Accruals 3,270 3,170
Director's Current Accounts 109,498 92,346
Taxation and social security costs (3,780) 13,448
Other creditors 492,389 239,672
647,282 381,986
6 Creditors: amounts falling due after one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 5,589 11,884
7 Other information
Loudon Construction Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Knaresborough Technology Park
Manse Lane
Knaresborough
HG5 8LF
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