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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
Page
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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
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N M F Contracts Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
440,634 
470,526 
Current assets
Inventories
3,300 
3,875 
Debtors
158,485 
172,504 
Cash at bank and in hand
48,395 
297,075 
210,180 
473,454 
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 
Capital and reserves
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
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N M F Contracts Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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:
Plant & machinery
15%
Computer equipment
15%
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 
Additions
- 
- 
- 
674 
674 
Disposals
- 
- 
(12,446)
- 
(12,446)
At 30 June 2024
333,518 
36,800 
183,894 
8,194 
562,406 
Depreciation
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 
Net book value
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 
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N M F Contracts Limited Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
157,934 
109,238 
Accrued income and prepayments
551 
500 
Other debtors
- 
50,000 
158,485 
159,738 
Amounts falling due after more than one year
Other debtors
- 
12,766 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
999 
4,045 
VAT
(19,833)
16,380 
Trade creditors
140,839 
270,420 
Taxes and social security
13,732 
25,574 
Other creditors
2,194 
2,265 
Accruals
4,490 
4,490 
142,421 
323,174 
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)
23,453 
40,862 
8
Share capital
2024 
2023 
£ 
£ 
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).
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