IRIS Accounts Production v25.1.3.33 06423765 Board of Directors 1.12.23 30.11.24 30.11.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh064237652023-11-30064237652024-11-30064237652023-12-012024-11-30064237652022-11-30064237652022-12-012023-11-30064237652023-11-3006423765ns15:EnglandWales2023-12-012024-11-3006423765ns14:PoundSterling2023-12-012024-11-3006423765ns10:Director12023-12-012024-11-3006423765ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3006423765ns10:SmallEntities2023-12-012024-11-3006423765ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3006423765ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3006423765ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3006423765ns10:AbridgedAccounts2023-12-012024-11-300642376512023-12-012024-11-3006423765ns10:OrdinaryShareClass12023-12-012024-11-3006423765ns10:Director22023-12-012024-11-3006423765ns10:CompanySecretary12023-12-012024-11-3006423765ns10:RegisteredOffice2023-12-012024-11-3006423765ns5:CurrentFinancialInstruments2024-11-3006423765ns5:CurrentFinancialInstruments2023-11-3006423765ns5:ShareCapital2024-11-3006423765ns5:ShareCapital2023-11-3006423765ns5:RetainedEarningsAccumulatedLosses2024-11-3006423765ns5:RetainedEarningsAccumulatedLosses2023-11-3006423765ns5:NetGoodwill2023-12-012024-11-3006423765ns5:IntangibleAssetsOtherThanGoodwill2023-12-012024-11-3006423765ns5:PlantMachinery2023-12-012024-11-3006423765ns5:MotorVehicles2023-12-012024-11-3006423765ns5:ComputerEquipment2023-12-012024-11-3006423765ns5:AcceleratedTaxDepreciationDeferredTax2024-11-3006423765ns5:AcceleratedTaxDepreciationDeferredTax2023-11-3006423765ns5:DeferredTaxation2023-11-3006423765ns5:DeferredTaxation2023-12-012024-11-3006423765ns5:DeferredTaxation2024-11-3006423765ns10:OrdinaryShareClass12024-11-30
REGISTERED NUMBER: 06423765 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Steve Coleman (Timber Erectors) Limited

Steve Coleman (Timber Erectors) Limited (Registered number: 06423765)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Steve Coleman (Timber Erectors) Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: S Coleman
Mrs L Coleman





SECRETARY: Mrs L Coleman





REGISTERED OFFICE: Belfry House
Bell Lane
Hertford
Hertfordshire
SG14 1BP





REGISTERED NUMBER: 06423765 (England and Wales)





ACCOUNTANTS: Chaves LLP
Belfry House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

Steve Coleman (Timber Erectors) Limited (Registered number: 06423765)

Abridged Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 15,982 19,714
15,982 19,714

CURRENT ASSETS
Stocks 5,300 490
Debtors 711 4,411
Cash at bank 64,667 76,372
70,678 81,273
CREDITORS
Amounts falling due within one year 13,183 10,825
NET CURRENT ASSETS 57,495 70,448
TOTAL ASSETS LESS CURRENT
LIABILITIES

73,477

90,162

PROVISIONS FOR LIABILITIES 6 3,037 3,746
NET ASSETS 70,440 86,416

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 69,440 85,416
SHAREHOLDERS' FUNDS 70,440 86,416

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

Steve Coleman (Timber Erectors) Limited (Registered number: 06423765)

Abridged Balance Sheet - continued
30 November 2024



The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2025 and were signed on its behalf by:





S Coleman - Director


Steve Coleman (Timber Erectors) Limited (Registered number: 06423765)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Steve Coleman (Timber Erectors) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


Steve Coleman (Timber Erectors) Limited (Registered number: 06423765)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2023
and 30 November 2024 150,000
AMORTISATION
At 1 December 2023
and 30 November 2024 150,000
NET BOOK VALUE

At 30 November 2024 -
At 30 November 2023 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2023 52,471
Additions 263
At 30 November 2024 52,734
DEPRECIATION
At 1 December 2023 32,757
Charge for year 3,995
At 30 November 2024 36,752
NET BOOK VALUE
At 30 November 2024 15,982
At 30 November 2023 19,714

Steve Coleman (Timber Erectors) Limited (Registered number: 06423765)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

6. PROVISIONS FOR LIABILITIES
30.11.24 30.11.23
£    £   
Deferred tax
Accelerated capital allowances 3,037 3,746

Deferred
tax
£   
Balance at 1 December 2023 3,746
Provided during year (709 )
Balance at 30 November 2024 3,037

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
1,000 Ordinary £1 1,000 1,000