IRIS Accounts Production v24.3.2.46 08288103 Board of Directors 1.12.23 30.11.24 30.11.24 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh082881032023-11-30082881032024-11-30082881032023-12-012024-11-30082881032022-11-30082881032022-12-012023-11-30082881032023-11-3008288103ns15:EnglandWales2023-12-012024-11-3008288103ns14:PoundSterling2023-12-012024-11-3008288103ns10:Director12023-12-012024-11-3008288103ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3008288103ns10:SmallEntities2023-12-012024-11-3008288103ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3008288103ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3008288103ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3008288103ns10:FullAccounts2023-12-012024-11-3008288103ns10:OrdinaryShareClass12023-12-012024-11-3008288103ns10:OrdinaryShareClass22023-12-012024-11-3008288103ns10:Director22023-12-012024-11-3008288103ns10:RegisteredOffice2023-12-012024-11-3008288103ns5:CurrentFinancialInstruments2024-11-3008288103ns5:CurrentFinancialInstruments2023-11-3008288103ns5:Non-currentFinancialInstruments2024-11-3008288103ns5:Non-currentFinancialInstruments2023-11-3008288103ns5:ShareCapital2024-11-3008288103ns5:ShareCapital2023-11-3008288103ns5:RetainedEarningsAccumulatedLosses2024-11-3008288103ns5:RetainedEarningsAccumulatedLosses2023-11-3008288103ns5:PlantMachinery2023-12-012024-11-3008288103ns5:FurnitureFittings2023-12-012024-11-3008288103ns5:MotorVehicles2023-12-012024-11-3008288103ns5:PlantMachinery2023-11-3008288103ns5:FurnitureFittings2023-11-3008288103ns5:MotorVehicles2023-11-3008288103ns5:PlantMachinery2024-11-3008288103ns5:FurnitureFittings2024-11-3008288103ns5:MotorVehicles2024-11-3008288103ns5:PlantMachinery2023-11-3008288103ns5:FurnitureFittings2023-11-3008288103ns5:MotorVehicles2023-11-3008288103ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3008288103ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3008288103ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-11-3008288103ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-11-3008288103ns5:WithinOneYear2024-11-3008288103ns5:WithinOneYear2023-11-3008288103ns5:BetweenOneFiveYears2024-11-3008288103ns5:BetweenOneFiveYears2023-11-3008288103ns5:AllPeriods2024-11-3008288103ns5:AllPeriods2023-11-3008288103ns10:OrdinaryShareClass12024-11-3008288103ns10:OrdinaryShareClass22024-11-30082881031ns10:Director12023-11-30082881031ns10:Director12022-11-30082881031ns10:Director12023-12-012024-11-30082881031ns10:Director12022-12-012023-11-30082881031ns10:Director12024-11-30082881031ns10:Director12023-11-30
REGISTERED NUMBER: 08288103 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 November 2024

for

City Building Services (NE) Ltd

City Building Services (NE) Ltd (Registered number: 08288103)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


City Building Services (NE) Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTORS: W V Kennedy
R E Kennedy





REGISTERED OFFICE: Riverbank Road
Sunderland
SR5 3JJ





REGISTERED NUMBER: 08288103 (England and Wales)





ACCOUNTANTS: Clive Owen LLP
Chartered Accountants
140 Coniscliffe Road
DARLINGTON
Co Durham
DL3 7RT

City Building Services (NE) Ltd (Registered number: 08288103)

Balance Sheet
30 November 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,727 2,033

CURRENT ASSETS
Stocks 5 216,632 74,030
Debtors 6 259,486 388,255
Cash at bank and in hand 815,747 555,694
1,291,865 1,017,979
CREDITORS
Amounts falling due within one year 7 (389,839 ) (324,575 )
NET CURRENT ASSETS 902,026 693,404
TOTAL ASSETS LESS CURRENT
LIABILITIES

904,753

695,437

CREDITORS
Amounts falling due after more than one
year

8

(6,120

)

(16,433

)
NET ASSETS 898,633 679,004

CAPITAL AND RESERVES
Called up share capital 10 106 106
Retained earnings 898,527 678,898
SHAREHOLDERS' FUNDS 898,633 679,004

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

City Building Services (NE) Ltd (Registered number: 08288103)

Balance Sheet - continued
30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2025 and were signed on its behalf by:





W V Kennedy - Director


City Building Services (NE) Ltd (Registered number: 08288103)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

City Building Services (NE) Ltd 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.

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

Income recognition policy
Income is recognised when a contract for the sale of services is determined as unconditional.

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 - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and impairment.

Stocks
Stocks and work in progress are valued at the lower of cost and selling price less estimated costs to sell, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


City Building Services (NE) Ltd (Registered number: 08288103)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Operating lease commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 December 2023 1,962 7,028 9,361 18,351
Additions - 1,268 - 1,268
At 30 November 2024 1,962 8,296 9,361 19,619
DEPRECIATION
At 1 December 2023 1,962 4,995 9,361 16,318
Charge for year - 574 - 574
At 30 November 2024 1,962 5,569 9,361 16,892
NET BOOK VALUE
At 30 November 2024 - 2,727 - 2,727
At 30 November 2023 - 2,033 - 2,033

5. STOCKS
2024 2023
£    £   
Stocks 18,250 16,800
Work-in-progress 198,382 57,230
216,632 74,030

City Building Services (NE) Ltd (Registered number: 08288103)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 111,826 291,953
Amounts owed by group undertakings 15,000 -
Other debtors 121,983 75,931
Directors' current accounts - 12,333
Prepayments 10,677 8,038
259,486 388,255

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,313 10,057
Trade creditors 261,042 118,764
Taxation and social security 67,406 144,471
Other creditors - 783
Accruals and deferred income 51,078 50,500
389,839 324,575

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 6,120 16,433

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 40,343 40,237
Between one and five years - 27,546
40,343 67,783

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100
6 Ordinary A £1 6 6
106 106

City Building Services (NE) Ltd (Registered number: 08288103)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

2024 2023
£    £   
W V Kennedy
Balance outstanding at start of year 12,333 (488 )
Amounts advanced - 12,821
Amounts repaid (12,333 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 12,333

No interest has been charge on directors advances