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REGISTERED NUMBER: 07086005 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

N Stewart Building Contractors Limited

N Stewart Building Contractors Limited (Registered number: 07086005)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


N Stewart Building Contractors Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: I Stewart





REGISTERED OFFICE: The Old Hall
Brampton Road
Brampton en Le Morthen
Rotherham
S66 9BD





REGISTERED NUMBER: 07086005 (England and Wales)





ACCOUNTANTS: Hawson Jefferies
Suite 4
164-170 Queens Road
Sheffield
South Yorkshire
S2 4DH

N Stewart Building Contractors Limited (Registered number: 07086005)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 564,763 553,330

CURRENT ASSETS
Stocks 180,000 -
Debtors 5 1,044,501 1,969,427
Cash at bank 3,456,488 2,655,440
4,680,989 4,624,867
CREDITORS
Amounts falling due within one year 6 1,262,191 1,513,653
NET CURRENT ASSETS 3,418,798 3,111,214
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,983,561

3,664,544

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 3,983,560 3,664,543
SHAREHOLDERS' FUNDS 3,983,561 3,664,544

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 October 2023 and were signed by:





I Stewart - Director


N Stewart Building Contractors Limited (Registered number: 07086005)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

N Stewart Building Contractors Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 7 ) .

N Stewart Building Contractors Limited (Registered number: 07086005)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 July 2022 385,000 126,571 21,199
Additions - - -
At 30 June 2023 385,000 126,571 21,199
DEPRECIATION
At 1 July 2022 - - 14,350
Charge for year - - 1,027
At 30 June 2023 - - 15,377
NET BOOK VALUE
At 30 June 2023 385,000 126,571 5,822
At 30 June 2022 385,000 126,571 6,849

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2022 1,961 60,850 14,985 610,566
Additions 8,263 12,912 7,279 28,454
At 30 June 2023 10,224 73,762 22,264 639,020
DEPRECIATION
At 1 July 2022 1,141 32,761 8,984 57,236
Charge for year 1,362 10,250 4,382 17,021
At 30 June 2023 2,503 43,011 13,366 74,257
NET BOOK VALUE
At 30 June 2023 7,721 30,751 8,898 564,763
At 30 June 2022 820 28,089 6,001 553,330

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 988,213 1,922,627
Other debtors 56,288 46,800
1,044,501 1,969,427

N Stewart Building Contractors Limited (Registered number: 07086005)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade creditors 666,810 864,984
Taxation and social security 193,300 352,334
Other creditors 402,081 296,335
1,262,191 1,513,653

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is I Stewart.