Registered number
13490628
ADN Building Contractors Limited
Unaudited Filleted Accounts
31 July 2024
ADN Building Contractors Limited
Registered number: 13490628
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 6,750 10,125
Current assets
Debtors 4 258,758 -
Cash at bank and in hand 85,809 199,039
344,567 199,039
Creditors: amounts falling due within one year 5 (333,668) (167,253)
Net current assets 10,899 31,786
Net assets 17,649 41,911
Capital and reserves
Called up share capital 66 66
Profit and loss account 17,583 41,845
Shareholders' funds 17,649 41,911
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr N Llapashtica
Director
Approved by the board on 22 May 2025
ADN Building Contractors Limited
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles over 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 8 4
3 Tangible fixed assets
Motor vehicles
£
Cost
At 1 August 2023 13,500
At 31 July 2024 13,500
Depreciation
At 1 August 2023 3,375
Charge for the year 3,375
At 31 July 2024 6,750
Net book value
At 31 July 2024 6,750
At 31 July 2023 10,125
4 Debtors 2024 2023
£ £
Trade debtors 95,950 -
Other debtors 162,808 -
258,758 -
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 95,458 1,223
Taxation and social security costs 238,210 156,769
Other creditors - 9,261
333,668 167,253
6 Other information
ADN Building Contractors Limited is a private company limited by shares and incorporated in England. Its registered office is:
Unit 2 Hill View Studios
160 Eltham Hill
Eltham
SE9 5EA
ADN Building Contractors Limited 13490628 false 2023-08-01 2024-07-31 2024-07-31 VT Final Accounts April 2025 Mr N Llapashtica No description of principal activity 13490628 2022-08-01 2023-07-31 13490628 core:WithinOneYear 2023-07-31 13490628 core:ShareCapital 2023-07-31 13490628 core:RetainedEarningsAccumulatedLosses 2023-07-31 13490628 2023-08-01 2024-07-31 13490628 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 13490628 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 13490628 bus:Director40 2023-08-01 2024-07-31 13490628 1 2023-08-01 2024-07-31 13490628 2 2023-08-01 2024-07-31 13490628 core:Vehicles 2023-08-01 2024-07-31 13490628 countries:England 2023-08-01 2024-07-31 13490628 bus:FRS102 2023-08-01 2024-07-31 13490628 bus:FilletedAccounts 2023-08-01 2024-07-31 13490628 2024-07-31 13490628 core:WithinOneYear 2024-07-31 13490628 core:ShareCapital 2024-07-31 13490628 core:RetainedEarningsAccumulatedLosses 2024-07-31 13490628 core:Vehicles 2024-07-31 13490628 2023-07-31 13490628 core:Vehicles 2023-07-31 iso4217:GBP xbrli:pure