Alan Brown Builders Ltd - Accounts to registrar (filleted) - small 22.3

Alan Brown Builders Ltd - Accounts to registrar (filleted) - small 22.3

ALAN BROWN BUILDERS LIMITED - Company Information

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REGISTERED NUMBER: 04410623 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2022

for

Alan Brown Builders Ltd

Alan Brown Builders Ltd (Registered number: 04410623)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Alan Brown Builders Ltd

Company Information
for the Year Ended 31 March 2022







DIRECTORS: Mr A Brown
Mrs S Brown





SECRETARY: Mrs S Brown





REGISTERED OFFICE: Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE





REGISTERED NUMBER: 04410623 (England and Wales)





ACCOUNTANTS: Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE
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Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Alan Brown Builders Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Alan Brown Builders Ltd for the year ended 31 March 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Alan Brown Builders Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Alan Brown Builders Ltd and state those matters that we have agreed to state to the Board of Directors of Alan Brown Builders Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alan Brown Builders Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Alan Brown Builders Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Alan Brown Builders Ltd. You consider that Alan Brown Builders Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Alan Brown Builders Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE


15 December 2022

This page does not form part of the statutory financial statements

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Alan Brown Builders Ltd (Registered number: 04410623)

Balance Sheet
31 March 2022

31/3/22 31/3/21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,108 48,474

CURRENT ASSETS
Stocks 186,233 211,186
Debtors 5 190,484 149,310
Cash at bank and in hand 41,064 77,473
417,781 437,969
CREDITORS
Amounts falling due within one year 6 267,376 290,155
NET CURRENT ASSETS 150,405 147,814
TOTAL ASSETS LESS CURRENT
LIABILITIES
184,513
196,288

CREDITORS
Amounts falling due after more than one year 7 (42,573 ) (54,926 )

PROVISIONS FOR LIABILITIES (6,481 ) (9,210 )
NET ASSETS 135,459 132,152

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 135,359 132,052
135,459 132,152

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 notes form part of these financial statements

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Alan Brown Builders Ltd (Registered number: 04410623)

Balance Sheet - continued
31 March 2022


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 Board of Directors and authorised for issue on 15 December 2022 and were signed on its behalf by:





Mr A Brown - Director


The notes form part of these financial statements

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Alan Brown Builders Ltd (Registered number: 04410623)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Alan Brown Builders 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 etc - 25% on cost

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 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.

-5- continued...
Alan Brown Builders Ltd (Registered number: 04410623)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021 290,586
Additions 13,850
At 31 March 2022 304,436
DEPRECIATION
At 1 April 2021 242,112
Charge for year 28,216
At 31 March 2022 270,328
NET BOOK VALUE
At 31 March 2022 34,108
At 31 March 2021 48,474

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/22 31/3/21
£    £   
Trade debtors 52,178 49,812
Other debtors 8,209 -
Other debtors 130,097 99,498
190,484 149,310

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/22 31/3/21
£    £   
Bank loans and overdrafts 10,000 9,167
Hire purchase contracts 14,856 16,359
Trade creditors 209,243 206,583
Taxation and social security 22,845 43,185
Other creditors 10,432 14,861
267,376 290,155

-6- continued...
Alan Brown Builders Ltd (Registered number: 04410623)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/22 31/3/21
£    £   
Bank loans 31,667 40,833
Hire purchase contracts 10,906 14,093
42,573 54,926

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the amount of £67 (2021: £317) was owed to the directors by the company.

9. RELATED PARTY DISCLOSURES

At the balance sheet date, H & A Developers Ltd owed the company £85,889 (2021: £85,899). A Brown is a director of this company. This company was provided services during the year amounting to £406,166.

10. ULTIMATE CONTROLLING PARTY

The controlling party is A Brown Builders Holdings Ltd.

The ultimate controlling party is A Brown by virtue of his shareholding in the company.

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