PAUL MARTIN CONSTRUCTION LTD

Company Registration Number:
13311646 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

PAUL MARTIN CONSTRUCTION LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PAUL MARTIN CONSTRUCTION LTD

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 674,704 523,510
Cost of sales: ( 254,901 ) ( 417,535 )
Gross profit(or loss): 419,803 105,975
Administrative expenses: ( 395,277 ) ( 109,586 )
Operating profit(or loss): 24,526 (3,611)
Profit(or loss) before tax: 24,526 (3,611)
Profit(or loss) for the financial year: 24,526 (3,611)

PAUL MARTIN CONSTRUCTION LTD

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 119,211 47,724
Total fixed assets: 119,211 47,724
Current assets
Cash at bank and in hand: 21,055 13,751
Total current assets: 21,055 13,751
Creditors: amounts falling due within one year: 4 ( 87,636 ) ( 53,371 )
Net current assets (liabilities): (66,581) (39,620)
Total assets less current liabilities: 52,630 8,104
Creditors: amounts falling due after more than one year: 5 ( 20,000 )
Total net assets (liabilities): 32,630 8,104
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 32,530 8,004
Total Shareholders' funds: 32,630 8,104

The notes form part of these financial statements

PAUL MARTIN CONSTRUCTION LTD

Balance sheet statements

For the year ending 31 March 2024 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.

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

This report was approved by the board of directors on 28 August 2024
and signed on behalf of the board by:

Name: Mr Paul Martin
Status: Director

The notes form part of these financial statements

PAUL MARTIN CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Tangible fixed assets depreciation policy

    Assets are depreciated at 20% of the Net Book Value

PAUL MARTIN CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 2

PAUL MARTIN CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 45,950 16,724 62,674
Additions 42,992 43,640 86,632
Disposals
Revaluations
Transfers
At 31 March 2024 88,942 60,364 149,306
Depreciation
At 1 April 2023 9,878 5,072 14,950
Charge for year 8,477 6,668 15,145
On disposals
Other adjustments
At 31 March 2024 18,355 11,740 30,095
Net book value
At 31 March 2024 70,587 48,624 119,211
At 31 March 2023 36,072 11,652 47,724

PAUL MARTIN CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 34,378 38,889
Taxation and social security 13,437 11,504
Other creditors 39,821 2,978
Total 87,636 53,371

PAUL MARTIN CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

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

2024
£
Bank loans and overdrafts 20,000
Total 20,000