Registered number: 1836915 | ||||||||
FOR THE YEAR ENDED 31/07/2024 | ||||||||
Prepared By: | ||||||||
N B Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
Cumbria (Joinery and Fencing) Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/07/2024 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
Carlisle | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 1836915 | ||||||||
BANKERS | ||||||||
Virgin Money Plc | ||||||||
ACCOUNTANTS | ||||||||
N B Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
Cumbria (Joinery and Fencing) Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/07/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Cumbria (Joinery and Fencing) Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Cash at bank and in hand | ||||||||||
27,927 | 14,245 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT LIABILITIES | ( | (38,613) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 | |||||||||
Profit and loss account | (3,193) | (17,773) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Cumbria (Joinery and Fencing) Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/07/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 15% | |||||||
Equipment | reducing balance 15% | |||||||
Motor Vehicles | reducing balance 25% |
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
1d. Government Grants | ||||||||
Government grants offering immediate financial assistance for Covid-19 are recognised in profit and loss in the year in which they are received. |
Cumbria (Joinery and Fencing) Limited | ||||||||
2. TANGIBLE FIXED ASSETS | ||||||||||||
Land And | Plant and | Motor | ||||||||||
Buildings | Machinery | Equipment | Vehicles | Total | ||||||||
£ | £ | £ | £ | £ | ||||||||
Cost | ||||||||||||
At 01/08/2023 | 19,260 | 35,822 | 1,164 | 36,496 | 92,742 | |||||||
At 31/07/2024 | 19,260 | 35,822 | 1,164 | 36,496 | 92,742 | |||||||
Depreciation | ||||||||||||
At 01/08/2023 | - | 34,914 | 590 | 36,396 | 71,900 | |||||||
For the year | - | 136 | 86 | 25 | 247 | |||||||
At 31/07/2024 | - | 35,050 | 676 | 36,421 | 72,147 | |||||||
Net Book Amounts | ||||||||||||
At 31/07/2024 | 19,260 | 772 | 488 | 75 | 20,595 | |||||||
At 31/07/2023 | 19,260 | 908 | 574 | 100 | 20,842 | |||||||
3. STOCK | 2024 | 2023 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Work in Progress | ||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 195 | - | ||||||
VAT | 4,442 | 1,545 | ||||||
Directors current account | 46,020 | 50,429 | ||||||
Trade creditors | 356 | 184 | ||||||
Accruals | 700 | 700 | ||||||
51,713 | 52,858 | |||||||
5. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
Cumbria (Joinery and Fencing) Limited | ||||||||
6. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
2 | 2 | |||||||
2 | 2 | |||||||
7. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||