IRIS Accounts Production v25.1.3.33 06975180 director 1.9.23 31.8.24 31.8.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069751802023-08-31069751802024-08-31069751802023-09-012024-08-31069751802022-08-31069751802022-09-012023-08-31069751802023-08-3106975180ns15:EnglandWales2023-09-012024-08-3106975180ns14:PoundSterling2023-09-012024-08-3106975180ns10:Director12023-09-012024-08-3106975180ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3106975180ns10:SmallEntities2023-09-012024-08-3106975180ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3106975180ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3106975180ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3106975180ns10:FullAccounts2023-09-012024-08-3106975180ns10:OrdinaryShareClass12023-09-012024-08-3106975180ns10:RegisteredOffice2023-09-012024-08-3106975180ns5:CurrentFinancialInstruments2024-08-3106975180ns5:CurrentFinancialInstruments2023-08-3106975180ns5:Non-currentFinancialInstruments2024-08-3106975180ns5:Non-currentFinancialInstruments2023-08-3106975180ns5:ShareCapital2024-08-3106975180ns5:ShareCapital2023-08-3106975180ns5:RetainedEarningsAccumulatedLosses2024-08-3106975180ns5:RetainedEarningsAccumulatedLosses2023-08-3106975180ns5:PlantMachinery2023-09-012024-08-3106975180ns5:MotorVehicles2023-09-012024-08-3106975180ns5:ComputerEquipment2023-09-012024-08-3106975180ns5:PlantMachinery2023-08-3106975180ns5:MotorVehicles2023-08-3106975180ns5:ComputerEquipment2023-08-3106975180ns5:PlantMachinery2024-08-3106975180ns5:MotorVehicles2024-08-3106975180ns5:ComputerEquipment2024-08-3106975180ns5:PlantMachinery2023-08-3106975180ns5:MotorVehicles2023-08-3106975180ns5:ComputerEquipment2023-08-3106975180ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-08-3106975180ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-012024-08-3106975180ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-08-3106975180ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-08-3106975180ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3106975180ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3106975180ns10:OrdinaryShareClass12024-08-31069751801ns10:Director12023-08-31069751801ns10:Director12022-08-31069751801ns10:Director12023-09-012024-08-31069751801ns10:Director12022-09-012023-08-31069751801ns10:Director12024-08-31069751801ns10:Director12023-08-31
REGISTERED NUMBER: 06975180 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

AEC Contractors Ltd

AEC Contractors Ltd (Registered number: 06975180)






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AEC Contractors Ltd

Company Information
for the year ended 31 August 2024







DIRECTOR: A E Charnock





REGISTERED OFFICE: 13a Duke Street
Southport
Merseyside
PR8 1LS





REGISTERED NUMBER: 06975180 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
13a Duke Street
Southport
Merseyside
PR8 1LS

AEC Contractors Ltd (Registered number: 06975180)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £ £
FIXED ASSETS
Tangible assets 4 18,329 23,173

CURRENT ASSETS
Debtors 5 24,320 31,414
Cash at bank 7,683 1
32,003 31,415
CREDITORS
Amounts falling due within one year 6 (12,067 ) (15,452 )
NET CURRENT ASSETS 19,936 15,963
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,265

39,136

CREDITORS
Amounts falling due after more than one year 7 (12,737 ) (17,486 )
NET ASSETS 25,528 21,650

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 25,428 21,550
SHAREHOLDERS' FUNDS 25,528 21,650

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

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

The director acknowledges his 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.

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 director and authorised for issue on 27 May 2025 and were signed by:





A E Charnock - Director


AEC Contractors Ltd (Registered number: 06975180)

Notes to the Financial Statements
for the year ended 31 August 2024

1. STATUTORY INFORMATION

AEC Contractors 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

AEC Contractors Ltd (Registered number: 06975180)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£ £ £ £
COST
At 1 September 2023
and 31 August 2024 3,963 26,158 1,398 31,519
DEPRECIATION
At 1 September 2023 2,653 5,232 461 8,346
Charge for year 197 4,185 462 4,844
At 31 August 2024 2,850 9,417 923 13,190
NET BOOK VALUE
At 31 August 2024 1,113 16,741 475 18,329
At 31 August 2023 1,310 20,926 937 23,173

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£
COST
At 1 September 2023
and 31 August 2024 26,158
DEPRECIATION
At 1 September 2023 5,232
Charge for year 4,185
At 31 August 2024 9,417
NET BOOK VALUE
At 31 August 2024 16,741
At 31 August 2023 20,926

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£ £
Other debtors 24,320 31,414

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£ £
Hire purchase contracts 4,632 4,632
Taxation and social security 4,978 -
Other creditors 2,457 10,820
12,067 15,452

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£ £
Hire purchase contracts 12,737 17,369
Other creditors - 117
12,737 17,486

AEC Contractors Ltd (Registered number: 06975180)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.8.23
£ £
Hire purchase contracts 17,369 22,001

Hire purchase contracts are secured against the assets to which they relate.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £ £
100 Ordinary £1 100 100

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£ £
A E Charnock
Balance outstanding at start of year (5,328 ) (4,900 )
Amounts advanced 67,594 39,092
Amounts repaid (57,062 ) (39,520 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,204 (5,328 )

The above balance was fully repaid within 9 months of the year end and interest has been charged at HMRC approved rates on overdrawn balances during the year.