| ACTIVE CONSTRUCTIONS LTD |
| Data not obtained from trial balance |
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Current year |
Comparative |
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| Units (eg £ or £000) |
£ |
include a trailing space |
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| Company registration number |
08718348 |
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Date |
| Approval date of the accounts by the board |
27/10/2021 |
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Date |
| Date of signing on the audit/accountants report |
27/10/2021 |
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| Person signing directors' report: |
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Name of director |
Muhammad Saqlain Tabassum |
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Or, name of secretary |
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| Name of director signing balance sheet |
Muhammad Saqlain Tabassum |
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| Address of registered office: |
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Address line 1 |
44 Higher Ardwick |
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Address line 2 |
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City or town |
Manchester |
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County or region |
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Postcode |
M12 6DA |
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| Name of auditors/accountants |
Clearcut Accounting |
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| Address of auditors/accountants |
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Address line 1 |
Suite 1 Parkway 5 |
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Address line 2 |
300 Princess Road |
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City or town |
Manchester |
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County or region |
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Postcode |
M14 7HR |
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| Prior year adjustments (+ for a gain; - for a loss) |
£ |
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Correction of prior year errors |
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Effect of retrospective changes in accounting policies |
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More info on prior year adjustments |
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| Number |
Number |
| Average number of persons employed by the company |
9 |
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8 |
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| ACTIVE CONSTRUCTIONS LTD |
| Registered number: |
08718348 |
| Balance Sheet |
| as at 27 October 2020 |
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| Notes |
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2020 |
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2019 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
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17,774 |
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2 |
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| Current assets |
| Stocks |
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51,150 |
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49,440 |
| Debtors |
4 |
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2,250 |
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2,250 |
| Cash at bank and in hand |
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23,201 |
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672 |
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76,601 |
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52,362 |
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| Creditors: amounts falling due within one year |
5 |
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(36,636) |
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(45,209) |
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| Net current assets |
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39,965 |
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7,153 |
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| Total assets less current liabilities |
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57,739 |
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7,155 |
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| Creditors: amounts falling due after more than one year |
6 |
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(90,922) |
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(49,023) |
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| Net liabilities |
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(33,183) |
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(41,868) |
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| Capital and reserves |
| Called up share capital |
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100 |
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100 |
| Profit and loss account |
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(33,283) |
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(41,968) |
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| Shareholder's funds |
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(33,183) |
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(41,868) |
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| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
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| Muhammad Saqlain Tabassum |
| Director |
| Approved by the board on 27 October 2021 |
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| ACTIVE CONSTRUCTIONS LTD |
| Notes to the Accounts |
| for the period from 1 November 2019 to 27 October 2020 |
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| 1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Fixtures, tools and equipment |
20% Reducing balance |
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Motor vehicle |
15% Reducing balance |
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Stocks |
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Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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| 2 |
Employees |
2020 |
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2019 |
| Number |
Number |
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Average number of persons employed by the company |
9 |
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8 |
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| 3 |
Tangible fixed assets |
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Fixtures, tools and equipment |
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Motor vehicles |
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Total |
| £ |
£ |
£ |
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Cost |
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At 1 November 2019 |
902 |
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- |
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902 |
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Additions |
13,715 |
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4,340 |
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18,055 |
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At 27 October 2020 |
14,617 |
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4,340 |
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18,957 |
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Depreciation |
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At 1 November 2019 |
900 |
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- |
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900 |
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Charge for the period |
229 |
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54 |
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283 |
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At 27 October 2020 |
1,129 |
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54 |
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1,183 |
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Net book value |
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At 27 October 2020 |
13,488 |
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4,286 |
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17,774 |
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At 31 October 2019 |
2 |
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- |
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2 |
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| 4 |
Debtors |
2020 |
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2019 |
| £ |
£ |
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Other debtors |
2,250 |
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2,250 |
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| 5 |
Creditors: amounts falling due within one year |
2020 |
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2019 |
| £ |
£ |
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Bank loans and overdrafts |
- |
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30,170 |
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Corporation tax |
1,915 |
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1,915 |
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Other taxes and social security costs |
10,866 |
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8,788 |
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Other creditors |
23,855 |
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4,336 |
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36,636 |
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45,209 |
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| 6 |
Creditors: amounts falling due after one year |
2020 |
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2019 |
| £ |
£ |
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Bank loans |
50,000 |
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- |
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Other creditors |
40,922 |
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49,023 |
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90,922 |
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49,023 |
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| 7 |
Controlling party |
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The director controls the company. |
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| 8 |
Other information |
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ACTIVE CONSTRUCTIONS LTD is a private company limited by shares and incorporated in England. Its registered office is: |
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44 Higher Ardwick |
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Manchester |
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M12 6DA |
