Company Registration No. 12341910 (England and Wales)
ACD Plastering Contractors Ltd
Unaudited accounts
for the year ended 31 December 2024
ACD Plastering Contractors Ltd
Unaudited accounts
Contents
ACD Plastering Contractors Ltd
Company Information
for the year ended 31 December 2024
Directors
D B STRANGE
A C DOWNWARD
J I CREWE
Company Number
12341910 (England and Wales)
Registered Office
2 MILEBARN ROAD
WREXHAM
LL13 9LX
WALES
ACD Plastering Contractors Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
14,748
17,622
Cash at bank and in hand
78,024
120,058
Creditors: amounts falling due within one year
(88,026)
(95,856)
Net current assets
300,032
289,586
Total assets less current liabilities
314,780
307,208
Creditors: amounts falling due after more than one year
(9,167)
(19,167)
Provisions for liabilities
Deferred tax
(3,582)
(3,348)
Net assets
302,031
284,693
Called up share capital
3
3
Profit and loss account
302,028
284,690
Shareholders' funds
302,031
284,693
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 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 of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
D B STRANGE
Director
Company Registration No. 12341910
ACD Plastering Contractors Ltd
Notes to the Accounts
for the year ended 31 December 2024
ACD Plastering Contractors Ltd is a private company, limited by shares, registered in England and Wales, registration number 12341910. The registered office is 2 MILEBARN ROAD, WREXHAM, LL13 9LX, WALES.
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:
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
ACD Plastering Contractors Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2024
14,171
13,496
27,667
Additions
1,664
3,300
4,964
Disposals
-
(4,996)
(4,996)
At 31 December 2024
15,835
11,800
27,635
At 1 January 2024
3,456
6,589
10,045
Charge for the year
2,476
1,615
4,091
On disposals
-
(1,249)
(1,249)
At 31 December 2024
5,932
6,955
12,887
At 31 December 2024
9,903
4,845
14,748
At 31 December 2023
10,715
6,907
17,622
Amounts falling due within one year
Trade debtors
124,630
152,572
Accrued income and prepayments
1,871
1,624
Other debtors
175,191
79,722
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Trade creditors
34,433
37,971
Taxes and social security
41,160
32,333
7
Creditors: amounts falling due after more than one year
2024
2023
ACD Plastering Contractors Ltd
Notes to the Accounts
for the year ended 31 December 2024
8
Deferred taxation
2024
2023
Accelerated capital allowances
3,582
3,348
Provision at start of year
3,348
2,300
Charged to the profit and loss account
234
1,048
Provision at end of year
3,582
3,348
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan
3,377
18,255
3,377
18,255
Director's Loan
3,377
18,068
3,377
18,068
Director's Loan
3,377
18,543
3,377
18,543
10,131
54,866
10,131
54,866
Since the year end all balances have been repaid in full. Interest is charged on the outstanding balances at the official rate.
10
Average number of employees
During the year the average number of employees was 4 (2023: 6).