Company Registration No. 12596034 (England and Wales)
IAN KERWIN BUILDING LTD
Unaudited accounts
for the year ended 31 May 2024
IAN KERWIN BUILDING LTD
Unaudited accounts
Contents
IAN KERWIN BUILDING LTD
Company Information
for the year ended 31 May 2024
Directors
Ian Kerwin
Denise Kerwin
Company Number
12596034 (England and Wales)
Registered Office
2 FAIRMEAD DRIVE
DUNMOW
ESSEX
CM6 4AL
UNITED KINGDOM
Accountants
ST Accountancy Services Ltd
Corner House
Market Place
Braintree
Essex
CM7 3HQ
IAN KERWIN BUILDING LTD
Statement of financial position
as at 31 May 2024
Tangible assets
25,283
33,284
Cash at bank and in hand
7,186
1,787
Creditors: amounts falling due within one year
(75,278)
(42,277)
Net current liabilities
(25,204)
(29,440)
Called up share capital
20
20
Profit and loss account
59
3,824
Shareholders' funds
79
3,844
For the year ending 31 May 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 15 April 2025 and were signed on its behalf by
Ian Kerwin
Director
Company Registration No. 12596034
IAN KERWIN BUILDING LTD
Notes to the Accounts
for the year ended 31 May 2024
IAN KERWIN BUILDING LTD is a private company, limited by shares, registered in England and Wales, registration number 12596034. The registered office is 2 FAIRMEAD DRIVE, DUNMOW, ESSEX, CM6 4AL, UNITED KINGDOM.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
23,341
34,419
735
58,495
At 31 May 2024
23,866
34,419
735
59,020
At 1 June 2023
9,711
15,059
441
25,211
Charge for the year
3,539
4,840
147
8,526
At 31 May 2024
13,250
19,899
588
33,737
At 31 May 2024
10,616
14,520
147
25,283
At 31 May 2023
13,630
19,360
294
33,284
Amounts falling due within one year
Trade debtors
41,688
9,850
IAN KERWIN BUILDING LTD
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
18,734
19,685
Trade creditors
19,853
7,056
Taxes and social security
21,169
7,816
Loans from directors
(1,781)
44
7
Average number of employees
During the year the average number of employees was 2 (2023: 1).