Company Registration No. 06218117 (England and Wales)
C Ginn Building Restoration Limited
Unaudited accounts
for the year ended 30 April 2025
C Ginn Building Restoration Limited
Unaudited accounts
Contents
C Ginn Building Restoration Limited
Company Information
for the year ended 30 April 2025
Directors
Craig Ginn
Sean Hawkins
Company Number
06218117 (England and Wales)
Registered Office
Unit 11, Millside Industrial
Estate, Lawson Road
Dartford
DA1 5BW
C Ginn Building Restoration Limited
Statement of financial position
as at 30 April 2025
Tangible assets
11,090
14,627
Cash at bank and in hand
26,317
44,881
Creditors: amounts falling due within one year
(6,581)
(17,999)
Net current assets
22,265
27,582
Total assets less current liabilities
33,355
42,209
Provisions for liabilities
Deferred tax
(2,107)
(2,779)
Called up share capital
1,000
1,000
Profit and loss account
30,248
38,430
Shareholders' funds
31,248
39,430
For the year 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 11 June 2025 and were signed on its behalf by
Craig Ginn
Director
Company Registration No. 06218117
C Ginn Building Restoration Limited
Notes to the Accounts
for the year ended 30 April 2025
C Ginn Building Restoration Limited is a private company, limited by shares, registered in England and Wales, registration number 06218117. The registered office is Unit 11, Millside Industrial, Estate, Lawson Road, Dartford, DA1 5BW.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.
Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value,
over their expected useful lives on the following bases:
Plant & machinery
15% Reducing balance basis
Motor vehicles
25% Reducing balance basis
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Turnover 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.
C Ginn Building Restoration Limited
Notes to the Accounts
for the year ended 30 April 2025
3
Intangible fixed assets
Goodwill
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 May 2024
11,639
42,097
53,736
At 30 April 2025
11,639
42,097
53,736
At 1 May 2024
10,442
28,667
39,109
Charge for the year
180
3,357
3,537
At 30 April 2025
10,622
32,024
42,646
At 30 April 2025
1,017
10,073
11,090
At 30 April 2024
1,197
13,430
14,627
Amounts falling due within one year
Accrued income and prepayments
1,867
-
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
2,976
7,054
Loans from directors
650
8,506
C Ginn Building Restoration Limited
Notes to the Accounts
for the year ended 30 April 2025
7
Deferred taxation
2025
2024
Accelerated capital allowances
2,107
2,779
Provision at start of year
2,779
2,779
Credited to the profit and loss account
(672)
-
Provision at end of year
2,107
2,779
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).