SMN CONTRACTS LTD

Company Registration Number:
NI621960 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

SMN CONTRACTS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

SMN CONTRACTS LTD

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Called up share capital not paid: 1
Fixed assets
Tangible assets: 3 471,918 311,602
Total fixed assets: 471,918 311,602
Current assets
Stocks: 5,000 120,000
Debtors:   0 0
Cash at bank and in hand: 4,939 120,630
Total current assets: 9,939 240,630
Creditors: amounts falling due within one year: 4 (50,376) (144,740)
Net current assets (liabilities): (40,437) 95,890
Total assets less current liabilities: 431,482 407,492
Creditors: amounts falling due after more than one year: 5 (22,633) (25,250)
Total net assets (liabilities): 408,849 382,242
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 408,848 382,241
Shareholders funds: 408,849 382,242

The notes form part of these financial statements

SMN CONTRACTS LTD

Balance sheet statements

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2023
and signed on behalf of the board by:

Name: Stephen McNulty
Status: Director

The notes form part of these financial statements

SMN CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SMN CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 1 1

SMN CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 404,684
Additions 264,700
At 31 December 2022 669,384
Depreciation
At 01 January 2022 93,082
Charge for year 104,384
At 31 December 2022 197,466
Net book value
At 31 December 2022 471,918
At 31 December 2021 311,602

SMN CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Creditors: amounts falling due within one year note

Bank Loan = £ 34,627

SMN CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due after more than one year note

Hire Purchase Contracts = £ 11,449