Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302023-10-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10982778 2023-10-01 2024-09-30 10982778 2022-10-01 2023-09-30 10982778 2024-09-30 10982778 2023-09-30 10982778 c:Director1 2023-10-01 2024-09-30 10982778 d:PlantMachinery 2023-10-01 2024-09-30 10982778 d:PlantMachinery 2024-09-30 10982778 d:PlantMachinery 2023-09-30 10982778 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10982778 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 10982778 d:MotorVehicles 2023-10-01 2024-09-30 10982778 d:MotorVehicles 2024-09-30 10982778 d:MotorVehicles 2023-09-30 10982778 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10982778 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 10982778 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10982778 d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 10982778 d:CurrentFinancialInstruments 2024-09-30 10982778 d:CurrentFinancialInstruments 2023-09-30 10982778 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 10982778 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 10982778 d:ShareCapital 2024-09-30 10982778 d:ShareCapital 2023-09-30 10982778 d:RetainedEarningsAccumulatedLosses 2024-09-30 10982778 d:RetainedEarningsAccumulatedLosses 2023-09-30 10982778 c:FRS102 2023-10-01 2024-09-30 10982778 c:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 10982778 c:FullAccounts 2023-10-01 2024-09-30 10982778 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10982778 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 10982778










THE BUILDING & CARPENTRY CO LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
THE BUILDING & CARPENTRY CO LIMITED
 
  
CHARTERED ACCOUNTANT'S REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE BUILDING & CARPENTRY CO LIMITED
FOR THE YEAR ENDED 30 SEPTEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of The Building & Carpentry Co Limited for the year ended 30 September 2024 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW)I am subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of The Building & Carpentry Co Limited, as a body, in accordance with the terms of my engagement letter dated 05 September 2018My work has been undertaken solely to prepare for your approval the financial statements of The Building & Carpentry Co Limited and state those matters that I have agreed to state to the Board of Directors of The Building & Carpentry Co Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than The Building & Carpentry Co Limited and its Board of Directors, as a body, for my work or for this report. 

It is your duty to ensure that The Building & Carpentry Co Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Building & Carpentry Co Limited. You consider that The Building & Carpentry Co Limited is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or review of the financial statements of The Building & Carpentry Co Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

  



Neil Thomas FCA
 
Chartered Accountant
  
Lynfield
Maynards Green
Heathfield
East Sussex
TN21 0DG
17 July 2025
Page 1

 
THE BUILDING & CARPENTRY CO LIMITED
REGISTERED NUMBER: 10982778

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
26,982
32,982

  
26,982
32,982

Current assets
  

Stocks
  
-
1,933

Debtors: amounts falling due within one year
 5 
107,844
21,309

  
107,844
23,242

Creditors: amounts falling due within one year
 6 
(81,211)
(49,010)

Net current assets/(liabilities)
  
 
 
26,633
 
 
(25,768)

Total assets less current liabilities
  
53,615
7,214

  

Net assets
  
53,615
7,214


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
53,614
7,213

  
53,615
7,214


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Thomas David Fry
Director

Date: 16 July 2025
Page 2

 
THE BUILDING & CARPENTRY CO LIMITED
REGISTERED NUMBER: 10982778

BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024


The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
THE BUILDING & CARPENTRY CO LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
1.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 4

 
THE BUILDING & CARPENTRY CO LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.Accounting policies (continued)

 
1.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
1.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
1.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
reducing balance
Motor vehicles
-
20%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 5

 
THE BUILDING & CARPENTRY CO LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.Accounting policies (continued)

 
1.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


2.


General information

The Building & Carpentry Co Limited is a limited company incorporated in England & Wales. Its Registered Office is Lynfield,Maynards Green, Heathfield, East Sussex, TN21 0DG.


3.


Employees

2024
2023
£
£

Wages and salaries
27,746
20,501

Cost of defined contribution scheme
450
1,255

28,196
21,756


The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 6

 
THE BUILDING & CARPENTRY CO LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 October 2023
23,054
45,223
68,277


Additions
745
-
745



At 30 September 2024

23,799
45,223
69,022



Depreciation


At 1 October 2023
8,688
26,607
35,295


Charge for the year on owned assets
3,022
-
3,022


Charge for the year on financed assets
-
3,723
3,723



At 30 September 2024

11,710
30,330
42,040



Net book value



At 30 September 2024
12,089
14,893
26,982



At 30 September 2023
14,366
18,616
32,982

The Net Book Value (CY) disagrees with the CY closing NBV balance (per the Trial Balance). Please apply a suitable journal in your trial balance to resolve this.
1


5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
74,553
-

Other debtors
32,715
20,656

Prepayments and accrued income
576
653

107,844
21,309


Page 7

 
THE BUILDING & CARPENTRY CO LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
21,140
14,710

Bank loans
(7,969)
12,372

Corporation tax
15,826
2,689

Other taxation and social security
48,483
16,241

Other creditors
3,731
1,248

Accruals and deferred income
-
1,750

81,211
49,010



Page 8