3D Plant and Construction Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04676701 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2022

for

3D Plant and Construction Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D R Welch

REGISTERED OFFICE:

22-26 Nottingham Road,

Stapleford, Nottingham

Nottinghamshire

NG9 8AA

REGISTERED NUMBER:

04676701 (England and Wales)

ACCOUNTANTS:

Haines Watts

Cliffe Hill House

22-26 Nottingham Road

Stapleford

Nottingham

NG9 8AA

FIXED ASSETS

Tangible assets

4

55,643

50,028

CURRENT ASSETS

Stocks

250

Debtors

5

129,551

116,020

Cash at bank

39,836

67,876

169,637

184,146

CREDITORS

Amounts falling due within one year

6

66,991

146,515

NET CURRENT ASSETS

102,646

37,631

TOTAL ASSETS LESS CURRENT
LIABILITIES

158,289

87,659

CREDITORS

Amounts falling due after more than one
year

7

(13,564

)

(17,410

)

PROVISIONS FOR LIABILITIES

(10,752

)

(9,685

)

NET ASSETS

133,973

60,564

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

133,873

60,464

SHAREHOLDERS' FUNDS

133,973

60,564

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 December 2022 and were signed by:

Mr D R Welch - Director

1.	STATUTORY INFORMATION

3D Plant and 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 represents revenue recognised in the accounts. Revenue is recognised when the company fulfils its contractual obligation to customers by supplying goods and services and excludes value added tax. Where services are performed gradually over time revenue is recognised as activity progresses by reference to the value of the work performed.

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

-

20% on reducing balance

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 1 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2021

151,407

Additions

24,336

Disposals

(18,350

)

At 31 March 2022

157,393

DEPRECIATION

At 1 April 2021

101,379

Charge for year

13,911

Eliminated on disposal

(13,540

)

At 31 March 2022

101,750

NET BOOK VALUE

At 31 March 2022

55,643

At 31 March 2021

50,028

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

Trade debtors

67,958

112,720

Other debtors

61,593

3,300

129,551

116,020

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

Hire purchase contracts

3,846

Trade creditors

8,812

45,578

Taxation and social security

46,049

37,493

Other creditors

8,284

59,598

66,991

146,515

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.22

31.3.21

£

Hire purchase contracts

13,564

17,410

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.22

31.3.21

£

Hire purchase contracts

17,410

21,256

The hire purchase liability is secured on the asset to which it relates.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2022 and 31 March 2021:

31.3.22

31.3.21

£

Mr D R Welch

Balance outstanding at start of year

(49,636

)

(41,261

)

Amounts advanced

159,634

54,505

Amounts repaid

(48,745

)

(62,880

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

61,253

(49,636

)

3D Plant and Construction Ltd - Accounts to registrar (filleted) - small 22.3

3D Plant and Construction Ltd - Accounts to registrar (filleted) - small 22.3