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Company Registration No. 11803835 (England and Wales)
Frank Smalley Demolition Limited Unaudited accounts for the period from 1 March 2024 to 30 April 2025
Frank Smalley Demolition Limited Unaudited accounts Contents
Page
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Frank Smalley Demolition Limited Company Information for the period from 1 March 2024 to 30 April 2025
Directors
Mrs C Smalley Mr F Smalley
Company Number
11803835 (England and Wales)
Registered Office
122 Fore Street Saltash PL12 6JW England
Accountants
Blackwell Bate Ltd Brunel Court 122 Fore Street Saltash Cornwall PL12 6JW
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Frank Smalley Demolition Limited Statement of financial position as at 30 April 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
313,142 
Current assets
Debtors
- 
74,365 
Cash at bank and in hand
65,922 
62,871 
65,922 
137,236 
Creditors: amounts falling due within one year
(59,923)
(93,778)
Net current assets
5,999 
43,458 
Total assets less current liabilities
5,999 
356,600 
Creditors: amounts falling due after more than one year
- 
(29,895)
Provisions for liabilities
Deferred tax
- 
(77,044)
Net assets
5,999 
249,661 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
5,899 
249,561 
Shareholders' funds
5,999 
249,661 
For the period ending 30 April 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by
Mr F Smalley Director Company Registration No. 11803835
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Frank Smalley Demolition Limited Notes to the Accounts for the period from 1 March 2024 to 30 April 2025
1
Statutory information
Frank Smalley Demolition Limited is a private company, limited by shares, registered in England and Wales, registration number 11803835. The registered office is 122 Fore Street, Saltash, PL12 6JW, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
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
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
33% Straight Line
Computer equipment
33% Straight Line
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred taxation
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.
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Frank Smalley Demolition Limited Notes to the Accounts for the period from 1 March 2024 to 30 April 2025
Government grants
A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 March 2024
388,489 
183,875 
2,413 
5,861 
580,638 
Disposals
(388,489)
(183,875)
(2,413)
(5,861)
(580,638)
At 30 April 2025
- 
- 
- 
- 
- 
Depreciation
At 1 March 2024
184,657 
77,940 
834 
4,065 
267,496 
On disposals
(184,657)
(77,940)
(834)
(4,065)
(267,496)
At 30 April 2025
- 
- 
- 
- 
- 
Net book value
At 30 April 2025
- 
- 
- 
- 
- 
At 29 February 2024
203,832 
105,935 
1,579 
1,796 
313,142 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
28,613 
Other debtors
- 
45,752 
- 
74,365 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
10,000 
Obligations under finance leases and hire purchase contracts
- 
32,781 
Trade creditors
- 
18,655 
Taxes and social security
28,938 
18,539 
Other creditors
30,985 
13,803 
59,923 
93,778 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
12,500 
Obligations under finance leases and hire purchase contracts
- 
17,395 
- 
29,895 
8
Average number of employees
During the period the average number of employees was 2 (2024: 9).
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