Andrew Curtis Construction Limited
|
Registered Number
:
05369564
|
For the year ended 31 March 2020
England and Wales
Unaudited Report and Financial Statements
For the year ended 31 March 2020
Andrew Curtis Construction Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Andrew Curtis Construction Limited
Statement of Financial Position
2019
2020
Property
,
plant and equipment
|
35,934
21,241
2
35,934
21,241
Trade and other receivables
|
133,449
74,024
3
136,377
Cash and cash equivalents
|
111,671
185,695
269,826
Trade and other payables
:
amounts falling due within one year
|
(185,187)
(80,436)
4
84,639
105,259
Net current assets
Total assets less current liabilities
|
141,193
105,880
Trade and other payables
:
amounts falling due after more than one
|
year
|
-
(7,773)
5
(6,827)
(4,036)
Provisions for liabilities
|
126,593
Net assets
101,844
100
100
126,493
101,744
126,593
101,844
Shareholders' funds
For the year ended 31 March 2020 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 of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
Mr Paul Anthony Curtis Director
|
These financial statements were approved and authorised for issue by the Board on 12 August 2020 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 March 2020
Andrew Curtis Construction Limited
Notes to the Financial Statements
Statutory Information
Andrew Curtis Construction Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
05369564
.
|
2 Tower Court
Irchester Road, Wollaston
Wellingborough
Northamptonshire
NN29 7RW
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial Reporting Standard
|
102
''
The Financial Reporting Standard applicable in the UK and Republic of Ireland
''
and the Companies Act
2006
.
The
|
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
|
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Computer equipment
Motor vehicles
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
Hire purchase and leasing commitments
Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors. Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
|
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its director. Contributions payable are charged to the profit and loss account in the period in which they are payable.
|
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand
,
demand deposits with banks and other short
-
term highly liquid
|
investments with original maturities of three months or less and bank overdrafts
.
In the statement of financial position
,
bank
|
overdrafts are shown within borrowings or current liabilities
.
|
Short term debtors and creditors
Debtors and creditors receivable or payable within one year are recorded at transaction price
.
Any losses arising from
|
impairment are recognised in profit and loss account
.
|
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For the year ended 31 March 2020
Andrew Curtis Construction Limited
Notes to the Financial Statements Continued
Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event
,
it is probable
|
that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated
.
|
2
.
Property
,
plant and equipment
|
Motor vehicles
77,450
815
16,400
60,235
23,324
-
23,324
-
60,235
39,724
815
100,774
Provision for depreciation and impairment
|
56,209
543
13,587
42,079
Charge for year
8,631
272
6,543
1,816
64,840
815
20,130
43,895
16,340
19,594
-
35,934
18,156
2,813
272
21,241
3
.
Trade and other receivables
|
2019
2020
55,398
10,278
18,626
123,171
133,449
74,024
4
.
Trade and other payables
:
amounts falling due within one year
|
2019
2020
52,944
166,501
Taxation and social security
|
17,381
10,795
10,111
7,891
80,436
185,187
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For the year ended 31 March 2020
Andrew Curtis Construction Limited
Notes to the Financial Statements Continued
5
.
Trade and other payables
:
amounts falling due after more than one year
|
2019
2020
7,773
-
The amounts outstanding in respect of hire purchase contracts of £12,437 (2019: £nil) are secured on the assets to which they relate.
|
6
.
Average number of persons employed
|
During the year the average number of employees was 3 (2019 : 2).
4 of 4