IRIS Accounts Production v24.3.2.46 11433836 Board of Directors Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false 18893 20338 74373 56282 35146 57727 58120 18893 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh114338362023-06-30114338362024-06-30114338362023-07-012024-06-30114338362022-06-30114338362022-07-012023-06-30114338362023-06-3011433836ns15:EnglandWales2023-07-012024-06-3011433836ns14:PoundSterling2023-07-012024-06-3011433836ns10:Director12023-07-012024-06-3011433836ns10:Director22023-07-012024-06-3011433836ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3011433836ns10:SmallEntities2023-07-012024-06-3011433836ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3011433836ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3011433836ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3011433836ns10:FullAccounts2023-07-012024-06-3011433836ns10:Director2422023-06-3011433836ns10:Director2422022-06-3011433836ns10:Director2422023-07-012024-06-3011433836ns10:Director2422022-07-012023-06-3011433836ns10:Director2422024-06-3011433836ns10:Director2422023-06-3011433836ns10:RegisteredOffice2023-07-012024-06-3011433836ns5:CurrentFinancialInstruments2024-06-3011433836ns5:CurrentFinancialInstruments2023-06-3011433836ns5:Non-currentFinancialInstruments2024-06-3011433836ns5:Non-currentFinancialInstruments2023-06-3011433836ns5:ShareCapital2024-06-3011433836ns5:ShareCapital2023-06-3011433836ns5:RetainedEarningsAccumulatedLosses2024-06-3011433836ns5:RetainedEarningsAccumulatedLosses2023-06-3011433836ns5:PlantMachinery2023-07-012024-06-3011433836ns5:MotorVehicles2023-07-012024-06-3011433836ns5:PlantMachinery2023-06-3011433836ns5:MotorVehicles2023-06-3011433836ns5:PlantMachinery2024-06-3011433836ns5:MotorVehicles2024-06-3011433836ns5:PlantMachinery2023-06-3011433836ns5:MotorVehicles2023-06-3011433836ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3011433836ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3011433836ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-06-3011433836ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-06-3011433836ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-06-3011433836ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-06-3011433836ns5:Non-currentFinancialInstruments2023-07-012024-06-30114338361ns10:Director12023-06-30114338361ns10:Director12022-06-30114338361ns10:Director12023-07-012024-06-30114338361ns10:Director12022-07-012023-06-30114338361ns10:Director12024-06-30114338361ns10:Director12023-06-30
REGISTERED NUMBER: 11433836 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

CHILVERS CONSTRUCTION LTD

CHILVERS CONSTRUCTION LTD (REGISTERED NUMBER: 11433836)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CHILVERS CONSTRUCTION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: P Chilvers
M Chilvers





REGISTERED OFFICE: 5 The Ridge
London Road
Peterborough
Cambridgeshire
PE7 8LL





REGISTERED NUMBER: 11433836 (England and Wales)





ACCOUNTANTS: ELM Partners
Chartered Certified Accountants
Southgate Office Village
286a Chase Road
Southgate
London
N14 6HF

CHILVERS CONSTRUCTION LTD (REGISTERED NUMBER: 11433836)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 890 1,187

CURRENT ASSETS
Debtors 5 78,940 25,628
Cash at bank 15,807 514
94,747 26,142
CREDITORS
Amounts falling due within one year 6 87,531 46,954
NET CURRENT ASSETS/(LIABILITIES) 7,216 (20,812 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,106

(19,625

)

CREDITORS
Amounts falling due after more than one year 7 5,416 7,653
NET ASSETS/(LIABILITIES) 2,690 (27,278 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,590 (27,378 )
SHAREHOLDERS' FUNDS 2,690 (27,278 )

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

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

CHILVERS CONSTRUCTION LTD (REGISTERED NUMBER: 11433836)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 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 25 March 2025 and were signed on its behalf by:




P Chilvers - Director



M Chilvers - Director


CHILVERS CONSTRUCTION LTD (REGISTERED NUMBER: 11433836)

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

1. STATUTORY INFORMATION

Chilvers Construction Ltd 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.

The directors expect an upturn in the company's trade.

On this basis, the financial statements have been prepared on a going concern, as the directors are satisfied that the company will have adequate resources to meet its liabilities to third parties as they fall due.

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.
Plant and machinery - 25% on cost
Motor vehicles - 25% on reducing balance.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

CHILVERS CONSTRUCTION LTD (REGISTERED NUMBER: 11433836)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 1,116 5,000 6,116
DEPRECIATION
At 1 July 2023 1,116 3,813 4,929
Charge for year - 297 297
At 30 June 2024 1,116 4,110 5,226
NET BOOK VALUE
At 30 June 2024 - 890 890
At 30 June 2023 - 1,187 1,187

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,215 -
Directors' current accounts 58,120 18,893
Tax 19,356 6,735
Prepayments 249 -
78,940 25,628

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,000 4,000
Trade creditors 2,033 2,215
Tax 31,099 12,997
Social security and other taxes 21,019 11,700
VAT 27,645 14,593
Other creditors 275 -
Net wages - 84
Accrued expenses 1,460 1,365
87,531 46,954

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 4,000 4,000
Bank loans - 2-5 years 1,416 3,653
5,416 7,653

Included in loans is a Bounce Back Loan amounting to £20,000 that was advanced in May 2020. The government guaranteed 100% of the loan and there were no fees or interest to pay for the first 12 months. After 12 months, the loan interest is fixed at a cap of 2.5% per year and the loan can be repaid at any time before its full term of 6 years. The balance remaining on the loan as at the end of the financial year is £9,416.

CHILVERS CONSTRUCTION LTD (REGISTERED NUMBER: 11433836)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
P Chilvers and M Chilvers
Balance outstanding at start of year 18,893 20,338
Amounts advanced 74,373 56,282
Amounts repaid (35,146 ) (57,727 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 58,120 18,893

During the year, interest was charged on overdrawn director loan account at the official interest rate.