Company Registration No. 13042257 (England and Wales)
Canvas Homes Tees Barrage Limited
Unaudited accounts
for the year ended 30 November 2022
Canvas Homes Tees Barrage Limited
Unaudited accounts
Contents
Canvas Homes Tees Barrage Limited
Company Information
for the year ended 30 November 2022
Company Number
13042257 (England and Wales)
Registered Office
Parkside House
East Parade
Harrogate
HG1 5LF
ENGLAND
Accountants
John Shackleton & Co Ltd,
10 Claro Court Business Centre
Claro Road
Harrogate
North Yorkshire
HG1 4BA
Canvas Homes Tees Barrage Limited
Statement of financial position
as at 30 November 2022
Called up share capital not paid
10,000
10,000
Tangible assets
186,825
5,798
Inventories
291,791
60,579
Cash at bank and in hand
135,833
768,160
Creditors: amounts falling due within one year
(1,825,134)
(941,833)
Net current assets
48,035
27,708
Total assets less current liabilities
244,860
43,506
Creditors: amounts falling due after more than one year
(164,917)
-
Called up share capital
10,000
10,000
Profit and loss account
69,943
33,506
Shareholders' funds
79,943
43,506
For the year ending 30 November 2022 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 September 2023 and were signed on its behalf by
J Mottram
Director
Company Registration No. 13042257
Canvas Homes Tees Barrage Limited
Notes to the Accounts
for the year ended 30 November 2022
Canvas Homes Tees Barrage Limited is a private company, limited by shares, registered in England and Wales, registration number 13042257. The registered office is Parkside House, East Parade, Harrogate, HG1 5LF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
4 years straight line
Motor vehicles
4 years straight line
Fixtures & fittings
4 years straight line
Computer equipment
3 years straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2021
-
1,667
1,260
4,778
7,705
Additions
1,126
224,250
13,141
1,766
240,283
At 30 November 2022
1,126
225,917
14,401
6,544
247,988
At 1 December 2021
-
-
315
1,592
1,907
Charge for the year
281
56,479
315
2,181
59,256
At 30 November 2022
281
56,479
630
3,773
61,163
At 30 November 2022
845
169,438
13,771
2,771
186,825
At 30 November 2021
-
1,667
945
3,186
5,798
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
169,438
-
Canvas Homes Tees Barrage Limited
Notes to the Accounts
for the year ended 30 November 2022
Amounts falling due within one year
Other debtors
88,986
76,461
Amounts falling due after more than one year
Trade debtors
121,108
24,233
6
Creditors: amounts falling due within one year
2022
2021
Obligations under finance leases and hire purchase contracts
33,759
-
Trade creditors
410,290
117,119
Taxes and social security
126,840
31,458
Other creditors
45,141
32,130
Accruals
1,209,104
761,126
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
164,917
-
8
Transactions with related parties
The company had accrued expenses from Fallons D & B Ltd of which James Mottram and Sean Fallon are directors and shareholders of £650000 (2021 £650000); in addition to amounts invoiced during the year of 2022 for construction services (£884905 2021 £116961.)
During the year the company paid professional fees to the following
Absolute I Ltd (a company of which S Fallon is director and shareholder) £86000
Remora Capital Ltd (a company of which J Mottram is director and shareholder) £8000
Canvas Homes Developments Ltd (a company of which J Mottram is director and shareholder) £6250
9
Average number of employees
During the year the average number of employees was 9 (2021: 1).
