Company Registration No. 08654578 (England and Wales)
A1 Driveways & Building Services Ltd
Unaudited accounts
for the year ended 31 August 2024
A1 Driveways & Building Services Ltd
Unaudited accounts
Contents
A1 Driveways & Building Services Ltd
Company Information
for the year ended 31 August 2024
Company Number
08654578 (England and Wales)
Registered Office
2 STATHAM COURT
STATHAM STREET
MACCLESFIELD
CHESHIRE
SK11 6XN
ENGLAND
Accountants
Batesons
2 Statham Court
Statham Street
Macclesfield
Cheshire
SK11 6XN
A1 Driveways & Building Services Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
44,912
47,773
Cash at bank and in hand
557
491
Creditors: amounts falling due within one year
(10,492)
(9,772)
Net current assets
4,548
5,202
Total assets less current liabilities
49,460
52,975
Creditors: amounts falling due after more than one year
(56,116)
(55,077)
Provisions for liabilities
Deferred tax
(3,563)
(4,429)
Net liabilities
(10,219)
(6,531)
Called up share capital
100
100
Profit and loss account
(10,319)
(6,631)
Shareholders' funds
(10,219)
(6,531)
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 May 2025 and were signed on its behalf by
Mr CA Quinn
Director
Company Registration No. 08654578
A1 Driveways & Building Services Ltd
Notes to the Accounts
for the year ended 31 August 2024
A1 Driveways & Building Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 08654578. The registered office is 2 STATHAM COURT, STATHAM STREET, MACCLESFIELD, CHESHIRE, SK11 6XN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance basis
Motor vehicles
25% reducing balance basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
A1 Driveways & Building Services Ltd
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2023
35,350
72,597
107,947
At 31 August 2024
35,350
79,997
115,347
At 1 September 2023
12,353
47,821
60,174
Charge for the year
3,450
6,811
10,261
At 31 August 2024
15,803
54,632
70,435
At 31 August 2024
19,547
25,365
44,912
At 31 August 2023
22,997
24,776
47,773
Amounts falling due within one year
Other debtors
14,483
14,483
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
4,006
Obligations under finance leases and hire purchase contracts
3,700
3,423
Taxes and social security
250
250
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
8,290
11,990
Loans from directors
47,826
35,129
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).