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REGISTERED NUMBER: 07285267















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Mark Rees Construction Limited

Mark Rees Construction Limited (Registered number: 07285267)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mark Rees Construction Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mr M A Rees





REGISTERED OFFICE: Golden Valley Accountancy Ltd
Pontrilas
Hereford
Herefordshire
HR2 0EL





REGISTERED NUMBER: 07285267





ACCOUNTANTS: Golden Valley Accountancy Limited
Unit 4
Westwood Industrial Estate
Pontrilas
Herefordshire
HR2 0EL

Mark Rees Construction Limited (Registered number: 07285267)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,462 14,327

CURRENT ASSETS
Cash at bank 251,708 167,753

CREDITORS
Amounts falling due within one year 5 59,557 36,061
NET CURRENT ASSETS 192,151 131,692
TOTAL ASSETS LESS CURRENT
LIABILITIES

203,613

146,019

CREDITORS
Amounts falling due after more than
one year

6

9,224

13,648
NET ASSETS 194,389 132,371

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 194,289 132,271
SHAREHOLDERS' FUNDS 194,389 132,371

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Mark Rees Construction Limited (Registered number: 07285267)

Balance Sheet - continued
31 December 2023


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 May 2024 and were signed by:





Mr M A Rees - Director


Mark Rees Construction Limited (Registered number: 07285267)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Mark Rees Construction Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. 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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Mark Rees Construction Limited (Registered number: 07285267)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 2,642 39,000 41,642
DEPRECIATION
At 1 January 2023 2,411 24,904 27,315
Charge for year 46 2,819 2,865
At 31 December 2023 2,457 27,723 30,180
NET BOOK VALUE
At 31 December 2023 185 11,277 11,462
At 31 December 2022 231 14,096 14,327

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 5,642 8,707
Taxation and social security 52,709 26,207
Other creditors 1,206 1,147
59,557 36,061

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 9,224 12,148
Other creditors - 1,500
9,224 13,648

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary 1 100 100