Company Registration No. 10513960 (England and Wales)
Care Construction Limited
Unaudited accounts
for the year ended 31 December 2024
Care Construction Limited
Unaudited accounts
Contents
Care Construction Limited
Company Information
for the year ended 31 December 2024
Directors
Richard Robert Chandler
Ashley Chandler
Company Number
10513960 (England and Wales)
Registered Office
31 Westfield Avenue
Brockworth
Gloucester
GL3 4AU
England
Accountants
Next Level Accountants Limited
35 Goddard Way
Tuffley
Gloucester
Gloucestershire
GL4 0YA
Care Construction Limited
Statement of financial position
as at 31 December 2024
Tangible assets
14,854
20,663
Cash at bank and in hand
66,611
5,374
Creditors: amounts falling due within one year
(80,989)
(30,185)
Net current assets/(liabilities)
12,388
(19,493)
Total assets less current liabilities
27,242
1,170
Creditors: amounts falling due after more than one year
(38,039)
(46,812)
Provisions for liabilities
Net liabilities
(14,511)
(45,642)
Called up share capital
2
2
Profit and loss account
(14,513)
(45,644)
Shareholders' funds
(14,511)
(45,642)
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 3 April 2025 and were signed on its behalf by
Ashley Chandler
Director
Company Registration No. 10513960
Care Construction Limited
Notes to the Accounts
for the year ended 31 December 2024
Care Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 10513960. The registered office is 31 Westfield Avenue, Brockworth, Gloucester, GL3 4AU, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
33% Reducing Balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
Care Construction Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
838
40,695
367
41,900
Disposals
(838)
(5,500)
(367)
(6,705)
At 31 December 2024
-
35,195
-
35,195
At 1 January 2024
838
20,032
367
21,237
Charge for the year
-
4,952
-
4,952
On disposals
(838)
(4,643)
(367)
(5,848)
At 31 December 2024
-
20,341
-
20,341
At 31 December 2024
-
14,854
-
14,854
At 31 December 2023
-
20,663
-
20,663
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,294
5,294
Obligations under finance leases and hire purchase contracts
2,893
5,720
Trade creditors
3,892
1,941
Taxes and social security
24,957
5,809
Loans from directors
-
3,961
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
10,686
14,165
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).