Company Registration No. 06965563 (England and Wales)
AB Contractors (Tarporley) Limited
Unaudited accounts
for the year ended 31 August 2024
AB Contractors (Tarporley) Limited
Unaudited accounts
Contents
AB Contractors (Tarporley) Limited
Company Information
for the year ended 31 August 2024
Directors
Matthew Higgin
Martin Crisp
Company Number
06965563 (England and Wales)
Registered Office
11 Church Street
Kelsall
nr Tarporley
Cheshire
CW6 0JX
UK
Accountants
NJM Bookkeeping Limited
The Old Church Hall
Old Coach Road
Kelsall
Cheshire
CW6 0QJ
AB Contractors (Tarporley) Limited
Statement of financial position
as at 31 August 2024
Tangible assets
36,214
46,481
Cash at bank and in hand
(17,368)
5,613
Creditors: amounts falling due within one year
(35,570)
(58,078)
Net current liabilities
(14,847)
(6,443)
Total assets less current liabilities
21,367
40,038
Creditors: amounts falling due after more than one year
(17,982)
(28,132)
Called up share capital
3
3
Profit and loss account
3,382
11,903
Shareholders' funds
3,385
11,906
For the year ending 31 August 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 28 March 2025 and were signed on its behalf by
Matthew Higgin
Director
Company Registration No. 06965563
AB Contractors (Tarporley) Limited
Notes to the Accounts
for the year ended 31 August 2024
AB Contractors (Tarporley) Limited is a private company, limited by shares, registered in England and Wales, registration number 06965563. The registered office is 11 Church Street, Kelsall, nr Tarporley, Cheshire , CW6 0JX, UK.
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
25% Reducing Balance
Computer equipment
25% Reducing Balance
Other tangible fixed assets
10% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
AB Contractors (Tarporley) Limited
Notes to the Accounts
for the year ended 31 August 2024
4
Intangible fixed assets
Goodwill
At 1 September 2023
32,000
At 1 September 2023
32,000
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
5,002
99,365
758
105,125
At 31 August 2024
5,002
99,365
891
105,258
At 1 September 2023
2,455
55,621
568
58,644
Charge for the year
569
9,766
65
10,400
At 31 August 2024
3,024
65,387
633
69,044
At 31 August 2024
1,978
33,978
258
36,214
At 31 August 2023
2,547
43,744
190
46,481
Amounts falling due within one year
Trade debtors
24,091
32,022
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
20,705
24,874
Taxes and social security
12,890
13,670
Loans from directors
(3,458)
4,760
AB Contractors (Tarporley) Limited
Notes to the Accounts
for the year ended 31 August 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
1 Ordinary shares Class B of £1 each
1
1
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).