Registered number
06353158
Chelford Building Services Limited
Filleted Accounts
31 January 2025
Chelford Building Services Limited
Registered number: 06353158
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 3,850 5,405
Current assets
Stocks 195,072 193,718
Debtors 4 58,061 111,789
Cash at bank and in hand 60,650 (278)
313,783 305,229
Creditors: amounts falling due within one year 5 (261,181) (251,817)
Net current assets 52,602 53,412
Total assets less current liabilities 56,452 58,817
Creditors: amounts falling due after more than one year 6 (19,630) (25,186)
Net assets 36,822 33,631
Capital and reserves
Called up share capital 200 200
Profit and loss account 36,622 33,431
Shareholders' funds 36,822 33,631
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs Elizabeth Leebetter
Director
Approved by the board on 2 July 2025
Chelford Building Services Limited
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Office equipment 33% reducing balance
Plant and machinery 20% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 11 10
3 Tangible fixed assets
Plant and machinery Office equipment Total
£ £ £
Cost
At 1 February 2024 4,460 10,592 15,052
At 31 January 2025 4,460 10,592 15,052
Depreciation
At 1 February 2024 812 8,835 9,647
Charge for the year 1,204 351 1,555
At 31 January 2025 2,016 9,186 11,202
Net book value
At 31 January 2025 2,444 1,406 3,850
At 31 January 2024 3,648 1,757 5,405
4 Debtors 2025 2024
£ £
Trade debtors 46,061 60,617
Amounts owed by group undertakings and undertakings in which the company has a participating interest - 39,172
Other debtors 12,000 12,000
58,061 111,789
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bounce back loan 10,000 10,000
Trade creditors 123,434 206,045
Amounts owed to group undertakings and undertakings in which the company has a participating interest 41,137 -
Corporation tax 5,530 6,392
Other taxes and social security costs 10,515 21,267
Directors loan account 66,100 5,659
Other creditors 4,465 2,454
261,181 251,817
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bounce back loan 19,630 25,186
7 Other information
Chelford Building Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
1 Jubilee Road
Middleton
Manchester
M24 2LT
Chelford Building Services Limited 06353158 false 2024-02-01 2025-01-31 2025-01-31 VT Final Accounts April 2025 Mrs Elizabeth Leebetter No description of principal activity 06353158 2023-02-01 2024-01-31 06353158 core:WithinOneYear 2024-01-31 06353158 core:AfterOneYear 2024-01-31 06353158 core:ShareCapital 2024-01-31 06353158 core:RetainedEarningsAccumulatedLosses 2024-01-31 06353158 2024-02-01 2025-01-31 06353158 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 06353158 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 06353158 bus:Director40 2024-02-01 2025-01-31 06353158 core:LandBuildings 2024-02-01 2025-01-31 06353158 core:Vehicles 2024-02-01 2025-01-31 06353158 countries:England 2024-02-01 2025-01-31 06353158 bus:FRS102 2024-02-01 2025-01-31 06353158 bus:FilletedAccounts 2024-02-01 2025-01-31 06353158 2025-01-31 06353158 core:WithinOneYear 2025-01-31 06353158 core:AfterOneYear 2025-01-31 06353158 core:ShareCapital 2025-01-31 06353158 core:RetainedEarningsAccumulatedLosses 2025-01-31 06353158 core:LandBuildings 2025-01-31 06353158 core:Vehicles 2025-01-31 06353158 2024-01-31 06353158 core:LandBuildings 2024-01-31 06353158 core:Vehicles 2024-01-31 iso4217:GBP xbrli:pure