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REGISTERED NUMBER: 06010464 (England and Wales)












N. MITCHELL CONSTRUCTION LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 NOVEMBER 2023






N. MITCHELL CONSTRUCTION LIMITED (REGISTERED NUMBER: 06010464)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


N. MITCHELL CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 NOVEMBER 2023







DIRECTOR: N Mitchell





REGISTERED OFFICE: 26 Ida Road
Skegness
Lincolnshire
PE25 2AR





REGISTERED NUMBER: 06010464 (England and Wales)





ACCOUNTANTS: Dexter & Sharpe (Skegness)
Chartered Certified Accountants
26 Ida Road
Skegness
Lincolnshire
PE25 2AR

N. MITCHELL CONSTRUCTION LIMITED (REGISTERED NUMBER: 06010464)

ABRIDGED BALANCE SHEET
29 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 216,752 217,988

CURRENT ASSETS
Stocks 500 500
Cash at bank 1,993 1,649
2,493 2,149
CREDITORS
Amounts falling due within one year 71,495 73,344
NET CURRENT LIABILITIES (69,002 ) (71,195 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

147,750

146,793

CREDITORS
Amounts falling due after more than one
year

172,550

172,550
NET LIABILITIES (24,800 ) (25,757 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (24,802 ) (25,759 )
SHAREHOLDERS' FUNDS (24,800 ) (25,757 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 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.

N. MITCHELL CONSTRUCTION LIMITED (REGISTERED NUMBER: 06010464)

ABRIDGED BALANCE SHEET - continued
29 NOVEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 29 November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 16 August 2024 and were signed by:





N Mitchell - Director


N. MITCHELL CONSTRUCTION LIMITED (REGISTERED NUMBER: 06010464)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2023


1. 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.
Freehold property - not provided
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2. EMPLOYEES AND DIRECTORS

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

3. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 30 November 2022
and 29 November 2023 267,554
DEPRECIATION
At 30 November 2022 49,566
Charge for year 1,236
At 29 November 2023 50,802
NET BOOK VALUE
At 29 November 2023 216,752
At 29 November 2022 217,988

4. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 172,550 172,550

N. MITCHELL CONSTRUCTION LIMITED (REGISTERED NUMBER: 06010464)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 NOVEMBER 2023


5. GOING CONCERN

These accounts are prepared on a going concern basis even though the balance sheet is in a negative position. There is a large directors current account which creates this negative position the director has confirmed that he has no intention of withdrawing these monies from the company in the foreseeable future.