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REGISTERED NUMBER: 02534054 (England and Wales)















Financial Statements for the Year Ended 31 August 2024

for

A.N. Contract Services Limited

A.N. Contract Services Limited (Registered number: 02534054)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A.N. Contract Services Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: M D Howard





SECRETARY: Mrs N Howard





REGISTERED OFFICE: 78 York Street
London
W1H 1DP





REGISTERED NUMBER: 02534054 (England and Wales)





ACCOUNTANTS: George Arthur Limited
Chartered Accountants
Suite 6B, Wentworth Lodge
Great North Road
Welwyn Garden City
Hertfordshire
AL8 7SR

A.N. Contract Services Limited (Registered number: 02534054)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 56,494 59,524
Investments 5 200 200
56,694 59,724

CURRENT ASSETS
Stocks 4,750 4,500
Debtors 6 720,212 1,053,961
Cash at bank 47,495 86,977
772,457 1,145,438
CREDITORS
Amounts falling due within one year 7 128,345 401,089
NET CURRENT ASSETS 644,112 744,349
TOTAL ASSETS LESS CURRENT
LIABILITIES

700,806

804,073

CREDITORS
Amounts falling due after more than one
year

8

36,737

50,471
NET ASSETS 664,069 753,602

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 663,969 753,502
SHAREHOLDERS' FUNDS 664,069 753,602

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.

A.N. Contract Services Limited (Registered number: 02534054)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 May 2025 and were signed by:





M D Howard - Director


A.N. Contract Services Limited (Registered number: 02534054)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

A.N. Contract Services Limited 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 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 represents the net invoiced sales of goods and services, excluding VAT, as adjusted for amounts recoverable on contracts.

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 - 20% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

A.N. Contract Services Limited (Registered number: 02534054)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued

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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 10,762 3,152 80,991 17,195 112,100
Additions 15,429 - - 2,878 18,307
At 31 August 2024 26,191 3,152 80,991 20,073 130,407
DEPRECIATION
At 1 September 2023 8,715 3,065 26,355 14,441 52,576
Charge for year 4,909 29 13,658 2,741 21,337
At 31 August 2024 13,624 3,094 40,013 17,182 73,913
NET BOOK VALUE
At 31 August 2024 12,567 58 40,978 2,891 56,494
At 31 August 2023 2,047 87 54,636 2,754 59,524

A.N. Contract Services Limited (Registered number: 02534054)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS - continued

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 47,767
DEPRECIATION
At 1 September 2023 11,942
Charge for year 8,956
At 31 August 2024 20,898
NET BOOK VALUE
At 31 August 2024 26,869
At 31 August 2023 35,825

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 September 2023
and 31 August 2024 200
NET BOOK VALUE
At 31 August 2024 200
At 31 August 2023 200

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 142,534 463,597
Amounts owed by group undertakings 12,040 16,048
Amounts recoverable on contract 251,887 272,550
Other debtors 39,000 57,860
Directors' current accounts 180,068 182,098
s455 tax 60,773 61,458
VAT 31,843 -
Prepayments 2,067 350
720,212 1,053,961

A.N. Contract Services Limited (Registered number: 02534054)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 11,921
Hire purchase contracts 3,732 3,732
Trade creditors 57,200 153,164
Amounts owed to group undertakings 100 100
Tax 3,060 56,541
Social security and other taxes 12,709 29,734
VAT - 39,287
Other creditors 16,403 5,560
Accrued expenses 25,141 101,050
128,345 401,089

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 7,500 10,000
Bank loans - 2-5 years - 7,500
Hire purchase contracts 29,237 32,971
36,737 50,471

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 14,307 18,041

9. CONTINGENT LIABILITIES

At the Balance Sheet date there were no known contingent liabilities other than those arising during the normal course of trading.


10. OTHER FINANCIAL COMMITMENTS

At the Balance Sheet date there were no other financial commitments.


11. RELATED PARTY DISCLOSURES

Dividends totalling £95,300 were paid to Mr M D & Mrs N S Howard in the period, as shareholders of the company.

12. ULTIMATE CONTROLLING PARTY

The company was controlled throughout the period by it's managing director Mr M D Howard by virtue of his ownership of the majority of the company's ordinary share capital..