1 October 2023 false No description of principal activity Taxfiler 2024.6 5845466business:PrivateLimitedCompanyLtd2023-10-012024-09-30 58454662023-09-30 58454662023-10-012024-09-30 5845466business:AuditExempt-NoAccountantsReport2023-10-012024-09-30 5845466business:FilletedAccounts2023-10-012024-09-30 58454662024-09-30 5845466business:Director12023-10-012024-09-30 5845466business:RegisteredOffice2023-10-012024-09-30 58454662023-09-30 5845466core:WithinOneYear2024-09-30 5845466core:WithinOneYear2023-09-30 5845466core:AfterOneYear2024-09-30 5845466core:AfterOneYear2023-09-30 5845466core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 5845466core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 5845466core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 5845466core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 5845466core:PreviouslyStatedAmount2024-09-30 5845466core:PreviouslyStatedAmount2023-09-30 5845466business:SmallEntities2023-10-012024-09-30 5845466countries:EnglandWales2023-10-012024-09-30 5845466core:PlantMachinery2023-10-012024-09-30 5845466core:MotorVehicles2023-10-012024-09-30 5845466core:FurnitureFittings2023-10-012024-09-30 5845466core:ComputerEquipment2023-10-012024-09-30 5845466core:LandBuildings2023-09-30 5845466core:PlantMachinery2023-09-30 5845466core:MotorVehicles2023-09-30 5845466core:FurnitureFittings2023-09-30 5845466core:ComputerEquipment2023-09-30 5845466core:LandBuildings2023-10-012024-09-30 5845466core:LandBuildings2024-09-30 5845466core:PlantMachinery2024-09-30 5845466core:MotorVehicles2024-09-30 5845466core:FurnitureFittings2024-09-30 5845466core:ComputerEquipment2024-09-30 5845466core:MoreThanFiveYears2024-09-30 5845466core:MoreThanFiveYears2023-09-30 5845466core:AfterOneYear2023-10-012024-09-30 5845466core:AcceleratedTaxDepreciationDeferredTax2024-09-30 5845466core:AcceleratedTaxDepreciationDeferredTax2023-09-30 5845466core:TaxLossesCarry-forwardsDeferredTax2024-09-30 5845466core:TaxLossesCarry-forwardsDeferredTax2023-09-30 58454662022-09-30 58454662022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 5845466 (England and Wales)
Cary Construction Ltd Unaudited accounts for the year ended 30 September 2024
Cary Construction Ltd Unaudited accounts Contents
Page
- 2 -
Cary Construction Ltd Company Information for the year ended 30 September 2024
Director
Stacey Beaton
Company Number
5845466 (England and Wales)
Registered Office
2 Bailey Hill Castle Cary Somerset BA7 7AD United Kingdom
Accountants
MAX FOOTE ASSOCIATES LIMITED 2 BAILEY HILL CASTLE CARY SOMERSET BA7 7AD
- 3 -
Cary Construction Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
191,441 
225,542 
Investment property
189,500 
189,500 
380,941 
415,042 
Current assets
Inventories
1,376,052 
776,089 
Debtors
42,608 
47,122 
Cash at bank and in hand
13,694 
12,756 
1,432,354 
835,967 
Creditors: amounts falling due within one year
(752,103)
(284,012)
Net current assets
680,251 
551,955 
Total assets less current liabilities
1,061,192 
966,997 
Creditors: amounts falling due after more than one year
(471,484)
(263,636)
Provisions for liabilities
Deferred tax
- 
(45,854)
Net assets
589,708 
657,507 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
589,606 
657,405 
Shareholders' funds
589,708 
657,507 
For the year ending 30 September 2024 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 director acknowledges his 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 and authorised for issue on 23 June 2025 and were signed on its behalf by
Stacey Beaton Director Company Registration No. 5845466
- 4 -
Cary Construction Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Cary Construction Ltd is a private company, limited by shares, registered in England and Wales, registration number 5845466. The registered office is 2 Bailey Hill, Castle Cary, Somerset, BA7 7AD, United Kingdom.
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 year, 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.
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% straight line method
Motor vehicles
25% reducing balance method
Fixtures & fittings
10% straight line method
Computer equipment
20% Straight line method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
- 5 -
Cary Construction Ltd Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 October 2023
80,000 
295,239 
111,446 
47,153 
6,873 
540,711 
Additions
- 
9,468 
- 
4,328 
- 
13,796 
At 30 September 2024
80,000 
304,707 
111,446 
51,481 
6,873 
554,507 
Depreciation
At 1 October 2023
- 
206,148 
86,732 
17,555 
4,734 
315,169 
Charge for the year
- 
36,006 
7,272 
3,922 
697 
47,897 
At 30 September 2024
- 
242,154 
94,004 
21,477 
5,431 
363,066 
Net book value
At 30 September 2024
80,000 
62,553 
17,442 
30,004 
1,442 
191,441 
At 30 September 2023
80,000 
89,091 
24,714 
29,598 
2,139 
225,542 
5
Investment property
2024 
£ 
Fair value at 1 October 2023
189,500 
At 30 September 2024
189,500 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
22,546 
23,776 
Trade debtors
- 
5,512 
Deferred tax asset
17,126 
Accrued income and prepayments
2,900 
- 
Other debtors
36 
17,834 
42,608 
47,122 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
129,725 
- 
Obligations under finance leases and hire purchase contracts
12,256 
11,613 
Trade creditors
28,627 
17,697 
Taxes and social security
2,126 
2,829 
Loans from directors
576,854 
249,386 
Accruals
2,515 
2,487 
752,103 
284,012 
- 6 -
Cary Construction Ltd Notes to the Accounts for the year ended 30 September 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
250,432 
250,432 
Obligations under finance leases and hire purchase contracts
1,052 
13,204 
Other creditors
220,000 
- 
471,484 
263,636 
Aggregate of amounts that fall due for payment after five years
- 
250,432 
The loan is secured by a Mortgage Deed dated 25 August 2022 over the company's investment property.
9
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
21,028 
29,750 
Tax losses carried forward
(38,154)
16,104 
(17,126)
45,854 
2024 
2023 
£ 
£ 
Provision at start of year
45,854 
48,361 
Credited to the profit and loss account
(62,980)
(2,507)
Provision at end of year
(17,126)
45,854 
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 7 -