Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 December 2024
Directors | |
Company Secretary | Mrs. K.E. Morrison |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|---|
£ | £ | £ | £ | |||||
| Called up share capital not paid | ||||||||
| Fixed assets | ||||||||
| Tangible assets | 3 | |||||||
| Current assets | ||||||||
| Stocks | 4 | |||||||
| Debtors | 5 | |||||||
| Cash at bank and on hand | ||||||||
| Creditors amounts falling due within one year | 6 | ( | ( | |||||
| Net current assets (liabilities) | ||||||||
| Total assets less current liabilities | ||||||||
| Creditors amounts falling due after one year | 7 | ( | ( | |||||
| Net assets | ||||||||
| Capital and reserves | ||||||||
| Called up share capital | ||||||||
| Share premium | ||||||||
| Profit and loss account | ||||||||
| Shareholders' funds | ||||||||
| The financial statements were approved and authorised for issue by the Board of Directors on 11 June 2025, and are signed on its behalf by: |
Director Registered Company No. 02476883 |
| 1. | Accounting policies |
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| Statutory information | |
|---|---|
| Statement of compliance | |
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| Basis of preparation | |
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| Turnover policy | |
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| Revenue from rendering of services | |
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| Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. |
| Operating leases | |
|---|---|
| Defined contribution pension plan | |
|---|---|
| Current taxation | |
|---|---|
| Deferred tax | |
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| Tangible fixed assets and depreciation | |
|---|---|
| Reducing balance (%) | Straight line (years) | |||
|---|---|---|---|---|
| Land and buildings | ||||
| Plant and machinery | ||||
| Fixtures and fittings | ||||
| Vehicles | ||||
| Office Equipment |
| Stocks and work in progress | |
|---|---|
| 2. | Average number of employees |
|---|---|
| 2024 | 2023 | |||
|---|---|---|---|---|
| Average number of employees during the year |
| 3. | Tangible fixed assets |
|---|---|
Land & buildings | Plant & machinery | Vehicles | Total | |||||
|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | |||||
| Cost or valuation | ||||||||
| At 01 January 24 | ||||||||
| Additions | ||||||||
| Disposals | ( | ( | ( | |||||
| At 31 December 24 | ||||||||
| Depreciation and impairment | ||||||||
| At 01 January 24 | ||||||||
| Charge for year | ||||||||
| On disposals | ( | ( | ( | |||||
| At 31 December 24 | ||||||||
| Net book value | ||||||||
| At 31 December 24 | ||||||||
| At 31 December 23 |
| 4. | Stocks |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Work in progress | ||||
| Other stocks | ||||
| Total |
| 5. | Debtors: amounts due within one year |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Trade debtors / trade receivables | ||||
| Other debtors | ||||
| Prepayments and accrued income | ||||
| Total |
| 6. | Creditors: amounts due within one year |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Trade creditors / trade payables | ||||
| Bank borrowings and overdrafts | ||||
| Taxation and social security | ||||
| Accrued liabilities and deferred income | ||||
| Total |
| 7. | Creditors: amounts due after one year |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Bank borrowings and overdrafts | ||||
| Other creditors | ||||
| Total |
| 8. | Secured creditors |
|---|---|
| Included within creditors are secured debts totalling £758,894 (2023 - 438,490). This comprised debts owed under invoice finance arrangements. The invoice discounting provider has a fixed charge on the trade debtors of the company and all present freehold and leasehold property along with a floating charge on all other assets. |
| 9. | Operating lease commitments |
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| 10. | Exceptional items |
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| 11. | Controlling party |
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| The controlling party is Mr. I.G. Morrison |