Company Registration No. 04957029 (England and Wales)
Betts Contract Carpentry Limited
Unaudited accounts
for the year ended 31 October 2024
Betts Contract Carpentry Limited
Unaudited accounts
Contents
Betts Contract Carpentry Limited
Company Information
for the year ended 31 October 2024
Director
Richard Charles Betts
Secretary
Charles Edward Betts
Company Number
04957029 (England and Wales)
Registered Office
96 Westlands
Rustington
Littlehampton
West Sussex
BN16 3NW
England
Accountants
Neat Accounting Ltd
The Track
Station Rd
Bognor Regis
West Sussex
PO21 1QF
Betts Contract Carpentry Limited
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
1,881
2,514
Creditors: amounts falling due within one year
(5,887)
(2,467)
Net current (liabilities)/assets
(4,006)
3
Total assets less current liabilities
20,838
3
Creditors: amounts falling due after more than one year
(18,545)
-
Called up share capital
1
1
Profit and loss account
2,292
2
Shareholders' funds
2,293
3
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 31 October 2024 and were signed on its behalf by
Richard Charles Betts
Director
Company Registration No. 04957029
Betts Contract Carpentry Limited
Notes to the Accounts
for the year ended 31 October 2024
Betts Contract Carpentry Limited is a private company, limited by shares, registered in England and Wales, registration number 04957029. The registered office is 96 Westlands, Rustington, Littlehampton, West Sussex, BN16 3NW, 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.
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:
Computer equipment
25% SLM
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2023
-
329
329
Additions
32,668
458
33,126
At 31 October 2024
32,668
787
33,455
At 1 November 2023
-
329
329
Charge for the year
8,167
115
8,282
At 31 October 2024
8,167
444
8,611
At 31 October 2024
24,501
343
24,844
Amounts falling due within one year
Amounts falling due after more than one year
Betts Contract Carpentry Limited
Notes to the Accounts
for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
4,235
-
Taxes and social security
-
4,028
Loans from directors
34
(2,774)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
18,545
-
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).