Accounts filed on 31-12-2022




ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2022



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		2

Notes To The Accounts		3


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31 December 2022

			2022		2021
	Notes		£		£

FIXED ASSETS
Tangible assets	3		445,786		434,506

CURRENT ASSETS
Stock		5,200		4,250
Debtors		21,472		7,321
Cash at bank and in hand		328,936		316,892
		355,608		328,463
CREDITORS: Amounts falling due within one year		106,348		136,169
NET CURRENT ASSETS			249,260		192,294
TOTAL ASSETS LESS CURRENT LIABILITIES			695,046		626,800

CAPITAL AND RESERVES

Called up share capital	4		100		100
Profit and loss account			694,946		626,700
SHAREHOLDERS' FUNDS			695,046		626,800

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 16 August 2023 and signed on their behalf by



.............................
Mr D Gear
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%
Commercial Vehicles		reducing balance 25%
Fixtures and Fittings		straight line 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




4. SHARE CAPITAL	2022	2021
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100


Aiver Contracts Limited is a private company, limited by shares, registered in England and Wales, company number 01922149 and the registered office is Unit 10 Pindar Road, Hoddesdon, Hertfordshire EN11 0BZ.




5. ULTIMATE CONTROLLING PARTIES
The directors, Mr D Gear and Mrs J Gear, are considered to be the ultimate controlling parties of the company, as they own the shares of the company in its entirety.