Company Registration No. 10465433 (England and Wales)
Buckingham Coatings Limited
Unaudited accounts
for the year ended 30 November 2024
Buckingham Coatings Limited
Unaudited accounts
Contents
Buckingham Coatings Limited
Company Information
for the year ended 30 November 2024
Company Number
10465433 (England and Wales)
Registered Office
140 Rayne Road,
Braintree, England,
CM7 2QR
Accountants
Accurox Limited
5 Strand Court
Bath Road
Cheltenham
GL53 7LW
Buckingham Coatings Limited
Statement of financial position
as at 30 November 2024
Tangible assets
42,538
4,884
Cash at bank and in hand
24,309
58,121
Creditors: amounts falling due within one year
(108,166)
(55,504)
Net current assets
190,204
206,052
Total assets less current liabilities
232,742
210,936
Creditors: amounts falling due after more than one year
(61,601)
(41,539)
Net assets
171,141
169,397
Called up share capital
1
1
Profit and loss account
171,140
169,396
Shareholders' funds
171,141
169,397
For the year ending 30 November 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 8 August 2025 and were signed on its behalf by
Christopher Hall
Director
Company Registration No. 10465433
Buckingham Coatings Limited
Notes to the Accounts
for the year ended 30 November 2024
Buckingham Coatings Limited is a private company, limited by shares, registered in England and Wales, registration number 10465433. The registered office is 140 Rayne Road,, Braintree, England, , CM7 2QR.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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.
Buckingham Coatings Limited
Notes to the Accounts
for the year ended 30 November 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2023
714
24,799
5,257
12,095
42,865
Additions
601
41,587
-
499
42,687
At 30 November 2024
1,315
66,386
5,257
12,594
85,552
At 1 December 2023
97
24,799
3,369
9,716
37,981
Charge for the year
304
2,848
564
1,317
5,033
At 30 November 2024
401
27,647
3,933
11,033
43,014
At 30 November 2024
914
38,739
1,324
1,561
42,538
At 30 November 2023
617
-
1,888
2,379
4,884
Amounts falling due within one year
Trade debtors
143,278
89,650
Accrued income and prepayments
-
14,193
Other debtors
120,783
99,592
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,222
6,222
Obligations under finance leases and hire purchase contracts
11,193
4,426
Trade creditors
93,753
15,750
Taxes and social security
(2,139)
31,483
Other creditors
31,687
13,581
Loans from directors
1,920
(4,263)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
36,140
11,216
8
Average number of employees
During the year the average number of employees was 11 (2023: 11).