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REGISTERED NUMBER: 04823714 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Modplan Building & Refurbishment
Contractors Limited

Modplan Building & Refurbishment
Contractors Limited (Registered number: 04823714)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Modplan Building & Refurbishment
Contractors Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: C Slade
D Batchelor
A H Collins





REGISTERED OFFICE: Units 1-3
Old Oak Close
Arlesey
Bedfordshire
SG15 6XD





REGISTERED NUMBER: 04823714 (England and Wales)





ACCOUNTANTS: Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Modplan Building & Refurbishment
Contractors Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Modplan Building & Refurbishment Contractors Limited for the year ended 31 July 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Modplan Building & Refurbishment Contractors Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Modplan Building & Refurbishment Contractors Limited and state those matters that we have agreed to state to the Board of Directors of Modplan Building & Refurbishment Contractors Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Modplan Building & Refurbishment Contractors Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Modplan Building & Refurbishment Contractors Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Modplan Building & Refurbishment Contractors Limited. You consider that Modplan Building & Refurbishment Contractors Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Modplan Building & Refurbishment Contractors Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE


23 April 2025

Modplan Building & Refurbishment
Contractors Limited (Registered number: 04823714)

Balance Sheet
31 July 2024

31/7/24 31/7/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 11,579 20,783

CURRENT ASSETS
Stocks 562,901 296,481
Debtors 5 980,425 989,876
Cash at bank 31,192 212,898
1,574,518 1,499,255
CREDITORS
Amounts falling due within one year 6 790,699 822,718
NET CURRENT ASSETS 783,819 676,537
TOTAL ASSETS LESS CURRENT
LIABILITIES

795,398

697,320

CREDITORS
Amounts falling due after more than one year 7 (139,752 ) (45,833 )

PROVISIONS FOR LIABILITIES (2,028 ) (1,773 )
NET ASSETS 653,618 649,714

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 653,518 649,614
SHAREHOLDERS' FUNDS 653,618 649,714

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Modplan Building & Refurbishment
Contractors Limited (Registered number: 04823714)

Balance Sheet - continued
31 July 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 April 2025 and were signed on its behalf by:




C Slade - Director



D Batchelor - Director


Modplan Building & Refurbishment
Contractors Limited (Registered number: 04823714)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Modplan Building & Refurbishment Contractors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 18 ) .

Modplan Building & Refurbishment
Contractors Limited (Registered number: 04823714)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 August 2023 157,805 11,402 202,227 371,434
Disposals - - (7,198 ) (7,198 )
At 31 July 2024 157,805 11,402 195,029 364,236
DEPRECIATION
At 1 August 2023 147,595 8,121 194,935 350,651
Charge for year 5,705 999 2,500 9,204
Eliminated on disposal - - (7,198 ) (7,198 )
At 31 July 2024 153,300 9,120 190,237 352,657
NET BOOK VALUE
At 31 July 2024 4,505 2,282 4,792 11,579
At 31 July 2023 10,210 3,281 7,292 20,783

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Trade debtors 400,012 380,889
Amounts owed by group undertakings 555,937 577,709
Prepayments 24,476 31,278
980,425 989,876

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Bank loans and overdrafts 48,199 50,000
Trade creditors 456,508 527,320
Amounts owed to group undertakings 5,000 25,000
Tax 36,459 31,081
P.A.Y.E / pension control a/c 24,597 30,468
Net wages control account - 1,132
VAT 84,496 64,233
Other creditors 124,953 82,922
Directors' current accounts 786 861
Accruals and deferred income 9,701 9,701
790,699 822,718

Modplan Building & Refurbishment
Contractors Limited (Registered number: 04823714)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/7/24 31/7/23
£    £   
Bank loans - 1-2 years 139,752 45,833

8. RELATED PARTY RELATIONSHIPS AND TRANSACTIONS

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9. ULTIMATE CONTROLLING PARTY

The ultimate parent company is Modplan Group Holdings Ltd. Mr D Batchelor is the ultimate controlling party.