C & F Building Services Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09454049

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		23,899		29,096

			23,899		29,096
CURRENT ASSETS
Debtors	5	45,756		48,176
Cash at bank and in hand		33,872		22,606

		79,628		70,782
Creditors: Amounts Falling Due Within One Year	6	(75,161 )		(58,875 )

NET CURRENT ASSETS (LIABILITIES)			4,467		11,907

TOTAL ASSETS LESS CURRENT LIABILITIES			28,366		41,003

Creditors: Amounts Falling Due After More Than One Year	7		(21,932 )		(35,424 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(4,540 )		(5,528 )

NET ASSETS			1,894		51

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			1,892		49

SHAREHOLDERS' FUNDS			1,894		51

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C & F Building Services Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Ian Cleminson

Director

30/05/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

C & F Building Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09454049 . The registered office is Spa Farm House, Apethorpe, Peterborough, PE8 5DD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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.

2.3. 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	25% reducing balance
Motor Vehicles	25% reducing balance
Computer Equipment	25% reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

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 years 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

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C & F Building Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2024	19,096	57,482	3,578	80,156
Additions	772	-	1,998	2,770

As at 31 December 2024	19,868	57,482	5,576	82,926

Depreciation
As at 1 January 2024	14,315	35,676	1,069	51,060
Provided during the period	1,388	5,452	1,127	7,967

As at 31 December 2024	15,703	41,128	2,196	59,027

Net Book Value
As at 31 December 2024	4,165	16,354	3,380	23,899

As at 1 January 2024	4,781	21,806	2,509	29,096

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	9,212	-
Directors' loan accounts	24,181	36,113
Amounts owed by group undertakings	300	-

	33,693	36,113
Due after more than one year
Corporation tax recoverable assets	12,063	12,063

	45,756	48,176

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	8,480	8,480
Trade creditors	19,649	22,932
Corporation tax	25,398	15,202
PAYE	2,104	5,150
VAT	16,375	4,007
Net wages	2,094	2,094
Accruals and deferred income	1,061	1,010

	75,161	58,875

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C & F Building Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	1,454	6,954
Bank loans	20,478	28,470

	21,932	35,424

8. Obligations Under Finance Leases and Hire Purchase

	2024	2023
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	8,480	8,480
Later than one year and not later than five years	1,454	6,954

	9,934	15,434

	9,934	15,434

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Ian Cleminson	16,055	-	-	-	-
Mr Alan Feerick	20,056	-	-	-	-

The above loan is unsecured, interest free and repayable on demand.

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