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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
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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
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IAN KERWIN BUILDING LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,283 
33,284 
Current assets
Inventories
1,200 
1,200 
Debtors
41,688 
9,850 
Cash at bank and in hand
7,186 
1,787 
50,074 
12,837 
Creditors: amounts falling due within one year
(75,278)
(42,277)
Net current liabilities
(25,204)
(29,440)
Net assets
79 
3,844 
Capital and reserves
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
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IAN KERWIN BUILDING LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Additions
525 
- 
- 
525 
At 31 May 2024
23,866 
34,419 
735 
59,020 
Depreciation
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 
Net book value
At 31 May 2024
10,616 
14,520 
147 
25,283 
At 31 May 2023
13,630 
19,360 
294 
33,284 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
41,688 
9,850 
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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 
VAT
17,303 
7,136 
Trade creditors
19,853 
7,056 
Taxes and social security
21,169 
7,816 
Loans from directors
(1,781)
44 
Accruals
- 
540 
75,278 
42,277 
7
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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