Company Registration No. 05163204 (England and Wales)
N M F Contracts Limited
Unaudited accounts
for the year ended 30 June 2024
N M F Contracts Limited
Unaudited accounts
Contents
N M F Contracts Limited
Company Information
for the year ended 30 June 2024
Director
Mr. Nicholas French
Company Number
05163204 (England and Wales)
Registered Office
12 LEICESTER ROAD
SAPCOTE
LEICESTERSHIRE
LE9 4JF
Accountants
John Porter & Co. Accountants
14 Elm Tree Avenue
Glenfield
Leicester
LE3 8QA
N M F Contracts Limited
Statement of financial position
as at 30 June 2024
Tangible assets
440,634
470,526
Cash at bank and in hand
48,395
297,075
Creditors: amounts falling due within one year
(142,421)
(323,174)
Net current assets
67,759
150,280
Total assets less current liabilities
508,393
620,806
Creditors: amounts falling due after more than one year
(23,453)
(40,862)
Net assets
484,940
579,944
Called up share capital
100
100
Profit and loss account
484,840
579,844
Shareholders' funds
484,940
579,944
For the year ending 30 June 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 August 2024 and were signed on its behalf by
Mr. Nicholas French
Director
Company Registration No. 05163204
N M F Contracts Limited
Notes to the Accounts
for the year ended 30 June 2024
N M F Contracts Limited is a private company, limited by shares, registered in England and Wales, registration number 05163204. The registered office is 12 LEICESTER ROAD, SAPCOTE, LEICESTERSHIRE, LE9 4JF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2023
333,518
36,800
196,340
7,520
574,178
Disposals
-
-
(12,446)
-
(12,446)
At 30 June 2024
333,518
36,800
183,894
8,194
562,406
At 1 July 2023
-
22,936
79,588
1,128
103,652
Charge for the year
-
2,079
23,350
1,059
26,488
On disposals
-
-
(8,368)
-
(8,368)
At 30 June 2024
-
25,015
94,570
2,187
121,772
At 30 June 2024
333,518
11,785
89,324
6,007
440,634
At 30 June 2023
333,518
13,864
116,752
6,392
470,526
N M F Contracts Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
157,934
109,238
Accrued income and prepayments
551
500
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
999
4,045
Trade creditors
140,839
270,420
Taxes and social security
13,732
25,574
Other creditors
2,194
2,265
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
26,765
44,094
Taxes and social security
(3,312)
(3,232)
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 11 (2023: 11).