| REGISTERED NUMBER: |
| K & B ROUSE CONSTRUCTION LIMITED |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 AUGUST 2024 |
| REGISTERED NUMBER: |
| K & B ROUSE CONSTRUCTION LIMITED |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 AUGUST 2024 |
| K & B ROUSE CONSTRUCTION LIMITED (REGISTERED NUMBER: 03321427) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| For The Year Ended 31 August 2024 |
| Page |
| Company Information | 1 |
| Abridged Balance Sheet | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 5 |
| K & B ROUSE CONSTRUCTION LIMITED |
| COMPANY INFORMATION |
| For The Year Ended 31 August 2024 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Bentley Bridge House |
| Chesterfield Road |
| Matlock |
| Derbyshire |
| DE4 5LE |
| BANKERS: |
| 89 New Square |
| Chesterfield |
| Derbyshire |
| S40 1PH |
| K & B ROUSE CONSTRUCTION LIMITED (REGISTERED NUMBER: 03321427) |
| ABRIDGED BALANCE SHEET |
| 31 August 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| PENSION LIABILITY | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| K & B ROUSE CONSTRUCTION LIMITED (REGISTERED NUMBER: 03321427) |
| ABRIDGED BALANCE SHEET - continued |
| 31 August 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| K & B ROUSE CONSTRUCTION LIMITED (REGISTERED NUMBER: 03321427) |
| NOTES TO THE FINANCIAL STATEMENTS |
| For The Year Ended 31 August 2024 |
| 1. | STATUTORY INFORMATION |
| K & B Rouse Construction Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Plant and machinery etc | - |
| Stocks |
| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
| Hire purchase and leasing commitments |
| Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. |
| The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. |
| Rentals paid under operating leases are charged to income on as incurred over the lease term. |
| Pension costs and other post-retirement benefits |
| For a defined benefit scheme, the liability recorded in the balance sheet is the present value of the defined obligation at that date. The defined benefit obligation is calculated on an annual basis by independent actuaries. |
| Actuarial gains and losses are recognised in full in the period in which they occur and are shown in Other Comprehensive Income. |
| Current and past service costs, along with settlements or curtailments, are charged to the Income Statement. Interest on pension plan liabilities are recognised within finance expense. |
| The company also operate a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit & loss account in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| K & B ROUSE CONSTRUCTION LIMITED (REGISTERED NUMBER: 03321427) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 31 August 2024 |
| 4. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1 September 2023 |
| Additions |
| At 31 August 2024 |
| DEPRECIATION |
| At 1 September 2023 |
| Charge for year |
| At 31 August 2024 |
| NET BOOK VALUE |
| At 31 August 2024 |
| At 31 August 2023 |
| 5. | CONTINGENT LIABILITIES |
| Following a review, HMRC have determined that the company have an outstanding liability in relation to Pension Obligation Arrangements totalling £186,620. This has been appealed by the company and a decision from HMRC is outstanding. |
| 6. | RELATED PARTY DISCLOSURES |
| The company is owned 100% by K&B Rouse Holdings Limited. All transactions were conducted on normal commercial terms. |
| 7. | ULTIMATE CONTROLLING PARTY |
| The company is controlled by its directors, by virtue of their shareholdings. |