SQR Carpentry & Construction Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12413749 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st December 2024

for

SQR Carpentry & Construction Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R B M Harle

Mr K M Raven

REGISTERED OFFICE:

Central Chambers

227 London Road

Hadleigh

Benfleet

Essex

SS7 2RF

REGISTERED NUMBER:

12413749 (England and Wales)

ACCOUNTANTS:

Field & Co LLP

Central Chambers

227 London Road

Hadleigh

Benfleet

Essex

SS7 2RF

FIXED ASSETS

Tangible assets

4

1,376

8,378

CURRENT ASSETS

Stocks

39,400

-

Cash at bank

44,719

100,190

84,119

100,190

CREDITORS

Amounts falling due within one year

5

52,741

74,508

NET CURRENT ASSETS

31,378

25,682

TOTAL ASSETS LESS CURRENT
LIABILITIES

32,754

34,060

CREDITORS

Amounts falling due after more than
one year

6

-

(14,005

)

PROVISIONS FOR LIABILITIES

7

(234

)

(1,759

)

NET ASSETS

32,520

18,296

CAPITAL AND RESERVES

Called up share capital

8

6

Retained earnings

9

32,514

18,290

SHAREHOLDERS' FUNDS

32,520

18,296

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st December 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 29th September 2025 and were signed on its behalf by:

Mr K M Raven - Director

Mr R B M Harle - Director

1.	STATUTORY INFORMATION

SQR Carpentry & Construction Ltd 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.

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.

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

-

Straight line over 3 years

Motor vehicles

-

Straight line over 3 years

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 Statement of Income and Retained Earnings, 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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1st January 2024

2,582

45,407

-

47,989

Additions

805

-

791

1,596

At 31st December 2024

3,387

45,407

791

49,585

DEPRECIATION

At 1st January 2024

2,016

37,595

-

39,611

Charge for year

588

7,812

198

8,598

At 31st December 2024

2,604

45,407

198

48,209

NET BOOK VALUE

At 31st December 2024

783

-

593

1,376

At 31st December 2023

566

7,812

-

8,378

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Hire purchase contracts

14,005

2,759

Trade creditors

(2

)

1,018

Taxation and social security

12,957

23,544

Other creditors

25,781

47,187

52,741

74,508

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/24

31/12/23

£

Hire purchase contracts

-

14,005

7.	PROVISIONS FOR LIABILITIES

31/12/24

31/12/23

£

Deferred tax

234

1,759

Deferred

tax

£

Balance at 1st January 2024

1,759

Provided during year

(1,525

)

Balance at 31st December 2024

234

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/24

31/12/23

value:

£

2

Ordinary Share

£1

2

1

Ordinary A Share

£1

1

Ordinary B Share

£1

1

Ordinary C Share

£1

1

Ordinary D Share

£1

1

6

9.

RESERVES

Retained

earnings

£

At 1st January 2024

18,290

Profit for the year

34,997

Dividends

(20,773

)

At 31st December 2024

32,514

10.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.