S1 CONSTRUCTION LTD

Company Registration Number:
SC482927 (Scotland)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

S1 CONSTRUCTION LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

S1 CONSTRUCTION LTD

Company Information

for the Period Ended 30 September 2024




Director: JAGROOP SINGH
GURWINDER SINGH BAINS
Registered office: 5
Bonnyholm Ave
Glasgow
G53 5RL
Company Registration Number: SC482927 (Scotland)

S1 CONSTRUCTION LTD

Directors' Report Period Ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Principal Activities

The company's principal activity during the period was that of construction service provider.

Directors

The directors shown below have held office during the whole of the period from 01 October 2023 to 30 September 2024
JAGROOP SINGH
GURWINDER SINGH BAINS

This report was approved by the board of directors on 20 June 2025
And Signed On Behalf Of The Board By:

Name: GURWINDER SINGH BAINS
Status: Director

S1 CONSTRUCTION LTD

Balance sheet

As at 30 September 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 185,478 41,063
Total fixed assets: 185,478 41,063
Current assets
Debtors: 5 1,287 16,828
Cash at bank and in hand: 434,424 415,552
Total current assets: 435,711 432,380
Creditors: amounts falling due within one year: 6 ( 99,834 ) ( 82,009 )
Net current assets (liabilities): 335,877 350,371
Total assets less current liabilities: 521,355 391,434
Creditors: amounts falling due after more than one year: 7 ( 16,101 ) ( 26,678 )
Total net assets (liabilities): 505,254 364,756

The notes form part of these financial statements

S1 CONSTRUCTION LTD

Balance sheet continued

As at 30 September 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 505,154 364,656
Shareholders funds: 505,254 364,756

For the year ending 30 September 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 20 June 2025
And Signed On Behalf Of The Board By:

Name: GURWINDER SINGH BAINS
Status: Director

The notes form part of these financial statements

S1 CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

S1 CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 4 4

S1 CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 3. Off balance sheet disclosure

    No

S1 CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible assets

Land & buildings Plant & machinery Motor vehicles Total
Cost £ £ £ £
At 01 October 2023 19,110 6,910 34,133 60,153
Additions 134,571 - 13,500 148,071
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 30 September 2024 153,681 6,910 47,633 208,224
Depreciation
At 01 October 2023 - 691 18,399 19,090
Charge for year - 622 3,034 3,656
On disposals - - - -
Other adjustments - - - -
At 30 September 2024 - 1,313 21,433 22,746
Net book value
At 30 September 2024 153,681 5,597 26,200 185,478
At 30 September 2023 19,110 6,219 15,734 41,063

S1 CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Debtors


2024
£

2023
£
Prepayments and accrued income 1,287 16,828
Total 1,287 16,828

S1 CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 19,875
Taxation and social security 87,658 27,762
Accruals and deferred income 8,000 29,663
Other creditors 4,176 4,709
Total 99,834 82,009

S1 CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 16,101 26,678
Total 16,101 26,678