Able Construction (Cambridge) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08357132 (England and Wales)

Financial Statements for the Year Ended 31 March 2026

for

Able Construction (Cambridge) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

Mr D Heslop

Secretary:

Ms A Allen

Registered office:

153 Paddock Street

Soham

Cambridgeshire

CB7 5JA

Registered number:

08357132 (England and Wales)

Accountants:

Jordan Thomas Lane

135 High Street

Great Abington

Cambridgeshire

CB21 6AE

Fixed assets

Intangible assets

4

-

Tangible assets

5

23,830

53,332

23,830

53,332

Current assets

Stocks

1,000

Debtors

6

30,584

65,286

Cash at bank

32,055

43,784

63,639

110,070

Creditors

Amounts falling due within one year

7

71,109

98,620

Net current (liabilities)/assets

(7,470

)

11,450

Total assets less current liabilities

16,360

64,782

Creditors

Amounts falling due after more than one
year

8

(8,652

)

(11,979

)

Provisions for liabilities

(4,528

)

(13,333

)

Net assets

3,180

39,470

Capital and reserves

Called up share capital

147

Capital redemption reserve

9

158

Retained earnings

9

2,875

39,165

Shareholders' funds

3,180

39,470

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 May 2026 and were signed by:

Mr D Heslop - Director

1.	STATUTORY INFORMATION

Able Construction (Cambridge) 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

100,000

AMORTISATION

At 1 April 2025

and 31 March 2026

100,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 April 2025

122,778

819

6,806

130,403

Disposals

(32,806

)

-

(32,806

)

At 31 March 2026

89,972

819

6,806

97,597

DEPRECIATION

At 1 April 2025

70,014

251

6,806

77,071

Charge for year

7,801

142

-

7,943

Eliminated on disposal

(11,247

)

-

(11,247

)

At 31 March 2026

66,568

393

6,806

73,767

NET BOOK VALUE

At 31 March 2026

23,404

426

-

23,830

At 31 March 2025

52,764

568

-

53,332

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

6,404

50,220

Other debtors

10,000

11,875

Prepayments and accrued income

14,180

3,191

30,584

65,286

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Hire purchase contracts

3,328

5,730

Trade creditors

9,630

7,540

Tax

42,831

29,448

Social security and other taxes

1,967

5,739

VAT

3,206

37,033

Other creditors

3,544

1,395

Directors' loan accounts

353

37

Accrued expenses

6,250

11,698

71,109

98,620

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Hire purchase contracts

8,652

11,979

9.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

At 1 April 2025

39,165

158

39,323

Profit for the year

28,210

Dividends

(64,500

)

(64,500

)

At 31 March 2026

2,875

158

3,033