REGISTERED NUMBER: 11566604 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

CADNANT CONSTRUCTION CO LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Edgar Morris

Mr Dilwyn Morris

REGISTERED OFFICE:

Pant Bach

Lon Plas

Menai Bridge

LL59 5SB

REGISTERED NUMBER:

11566604 (England and Wales)

ACCOUNTANTS:

Richard Williams & Co

Chartered Accountants

The Old Police Station

Gaerwen

Anglesey

LL60 6BL

FIXED ASSETS

Tangible assets

4

60,243

60,193

CURRENT ASSETS

Stocks

31,173

46,396

Debtors

5

30,000

14,472

Cash at bank

2,642

5,442

63,815

66,310

CREDITORS

Amounts falling due within one year

6

49,852

38,048

NET CURRENT ASSETS

13,963

28,262

TOTAL ASSETS LESS CURRENT LIABILITIES

74,206

88,455

CREDITORS

Amounts falling due after more than one year

7

27,359

39,577

NET ASSETS

46,847

48,878

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

46,747

48,778

46,847

48,878

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors and authorised for issue on 20th June 2025 and were signed on its behalf by:

Mr Edgar Morris - Director

1.	STATUTORY INFORMATION

Cadnant Construction Co LTD 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 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Hire purchase and leasing commitments

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 NIL (2023 - 2 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st October 2023

75,823

Additions

3,750

At 30th September 2024

79,573

DEPRECIATION

At 1st October 2023

15,630

Charge for year

3,700

At 30th September 2024

19,330

NET BOOK VALUE

At 30th September 2024

60,243

At 30th September 2023

60,193

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

30,000

14,472

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

17,477

11,243

Taxation and social security

1,300

2,515

Other creditors

31,075

24,290

49,852

38,048

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

1,594

4,662

Other creditors

25,765

34,915

27,359

39,577