2022-04-01 NI035231 2023-03-31 NI035231 2022-04-01 2023-03-31 NI035231 2022-03-31 NI035231 2021-04-01 2022-03-31 NI035231 uk-core:WithinOneYear 2022-03-31 NI035231 uk-core:WithinOneYear 2023-03-31 NI035231 uk-core:AfterOneYear 2022-03-31 NI035231 uk-core:AfterOneYear 2023-03-31 NI035231 uk-core:ShareCapital 2023-03-31 NI035231 uk-core:ShareCapital 2022-03-31 NI035231 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 NI035231 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 NI035231 uk-bus:Director1 2022-04-01 2023-03-31 NI035231 uk-core:LeaseholdImprovements 2022-04-01 2023-03-31 NI035231 uk-core:PlantMachinery 2022-04-01 2023-03-31 NI035231 uk-core:ComputerEquipment 2022-04-01 2023-03-31 NI035231 uk-core:CommercialMotorVehicles 2022-04-01 2023-03-31 NI035231 uk-core:FurnitureFittings 2022-04-01 2023-03-31 NI035231 uk-core:ComputerEquipment 2022-03-31 NI035231 uk-core:FurnitureFittings 2022-03-31 NI035231 uk-core:CommercialMotorVehicles 2022-03-31 NI035231 uk-core:PlantMachinery 2022-03-31 NI035231 uk-core:LeaseholdImprovements 2022-03-31 NI035231 uk-core:LeaseholdImprovements 2023-03-31 NI035231 uk-core:CommercialMotorVehicles 2023-03-31 NI035231 uk-core:FurnitureFittings 2023-03-31 NI035231 uk-core:ComputerEquipment 2023-03-31 NI035231 uk-core:PlantMachinery 2023-03-31 NI035231 uk-core:WithinOneYear 2023-03-31 NI035231 uk-core:WithinOneYear 2022-03-31 NI035231 uk-core:AfterOneYear uk-core:Secured 2023-03-31 NI035231 uk-core:AfterOneYear uk-core:Secured 2022-03-31 iso4217:GBP xbrli:pure NI035231 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 NI035231 uk-bus:FRS102 2022-04-01 2023-03-31 NI035231 uk-bus:FullAccounts 2022-04-01 2023-03-31 NI035231 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Moss Construction (NI) Limited
Registered Number:NI035231
For the year ended 31 March 2023
Northern Ireland
Unaudited Financial Statements
2
For the year ended 31 March 2023
Moss Construction (NI) Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
NI035231
As at 31 March 2023
Moss Construction (NI) Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
554,626
599,864
2
554,626
599,864
Current assets
Inventories
1,340,658
849,453
3
Trade and other receivables
2,155,094
2,833,768
4
700,224
Cash and cash equivalents
1,426,550
5,109,771
4,195,976
Trade and other payables: amounts falling due within one
year
(1,694,137)
(2,087,337)
5
2,501,839
3,022,434
Net current assets
Total assets less current liabilities
3,577,060
3,101,703
Trade and other payables: amounts falling due after more
than one year
(430,897)
(421,205)
6
(103,075)
(100,087)
Provisions for liabilities
3,052,780
Net assets
2,570,719
Capital and reserves
Called up share capital
26
26
Retained earnings
3,052,754
2,570,693
3,052,780
2,570,719
Shareholders' funds
For the year ended 31 March 2023 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Colin McKee Director
These financial statements were approved and authorised for issue by the Board on 26 October 2023 and were signed by:
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4
Registered Number :
NI035231
For the year ended 31 March 2023
Moss Construction (NI) Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 March 2023
Moss Construction (NI) Limited
Notes to the Financial Statements
Statutory Information
Moss Construction (NI) Limited is a private limited company, limited by shares, domiciled in Northern Ireland,
registration number NI035231.
Registered address:
54 Ballymacauley Road
Seagahan
Armagh
County Armagh
BT60 2EZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
10% Straight line
Plant and Machinery
20% Reducing balance
20% Reducing balance
Computer Equipment
20% Reducing balance
Motor Vehicles
25% Reducing balance
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result.
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6
For the year ended 31 March 2023
Moss Construction (NI) Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor
Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
£
£
Cost or
valuation
At 01 April 2022
1,749,962
13,116
51,446
546,474
1,136,244
2,682
167,847
-
-
134,512
33,335
-
Additions
-
-
(84,265)
-
-
Disposals
(84,265)
At 31 March 2023
2,682
596,721
51,446
13,116
1,833,544
1,169,579
Provision for depreciation and impairment
At 01 April 2022
1,150,098
6,262
48,311
361,406
731,437
2,682
Charge for year
138,852
1,371
784
49,069
87,628
-
(10,032)
-
-
(10,032)
-
-
On disposal
At 31 March 2023
1,278,918
7,633
49,095
400,443
819,065
2,682
At 31 March 2023
Net book value
-
350,514
196,278
2,351
5,483
554,626
-
404,807
185,068
3,135
6,854
599,864
At 31 March 2022
3. Inventories
2022
2023
£
£
Stocks
849,453
1,340,658
4. Trade and other receivables
2022
2023
£
£
Trade debtors
1,718,096
1,025,263
Other debtors
1,115,672
1,129,831
2,155,094
2,833,768
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7
For the year ended 31 March 2023
Moss Construction (NI) Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
12,000
12,000
Trade creditors
1,570,278
1,485,214
Taxation and social security
396,566
88,534
Accruals and deferred income
35,788
14,653
Directors' loan accounts
351
22,390
Other creditors
72,354
71,346
2,087,337
1,694,137
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
21,205
30,897
Other creditors
400,000
400,000
421,205
430,897
7. Average number of persons employed
During the year the average number of employees was 24 (2022 : 25)
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