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REGISTERED NUMBER: 11265885 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

MANIFEST CONSTRUCTION LTD

MANIFEST CONSTRUCTION LTD (REGISTERED NUMBER: 11265885)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MANIFEST CONSTRUCTION LTD

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTOR: Mr A Shingleton





REGISTERED OFFICE: Compound 8 Vale Road
Romiley
Stockport
SK6 3NE





REGISTERED NUMBER: 11265885 (England and Wales)





ACCOUNTANTS: Xeinadin
100 Barbirolli Square
Manchester
M2 3BD

MANIFEST CONSTRUCTION LTD (REGISTERED NUMBER: 11265885)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,000 5,000
Tangible assets 5 50,673 54,010
54,673 59,010

CURRENT ASSETS
Stocks 8,000 4,000
Cash at bank 187,187 152,751
195,187 156,751
CREDITORS
Amounts falling due within one year 6 127,925 132,379
NET CURRENT ASSETS 67,262 24,372
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,935

83,382

CREDITORS
Amounts falling due after more than one year 7 29,509 37,002
NET ASSETS 92,426 46,380

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 92,425 46,379
SHAREHOLDERS' FUNDS 92,426 46,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 October 2024 and were signed by:



Mr A Shingleton - Director


MANIFEST CONSTRUCTION LTD (REGISTERED NUMBER: 11265885)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Manifest Construction Limited is a private limited company, limited by shares, incorporated in England and Wales, registration number 11265885. The address of the registered office and principal place of business is Compound 8 Vale Road, Romiley, Stockport, England, SK6 3NE.

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 consideration received or receivable for work performed on domestic buildings, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of turnover can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on tangible fixed assets is charged to the profit and loss so as to write off their value, over their estimated useful lives, using the following methods:

Computer equipment-25% on cost
Motor vehicles-25% on reducing balance

At each reporting date, the Company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items of tangible fixed assets have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the first-in-first-out principle and includes expenditure in acquiring the stocks, product or conversion costs and other costs in bringing them to their existing location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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.

MANIFEST CONSTRUCTION LTD (REGISTERED NUMBER: 11265885)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets held under hire purchase or finance lease agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight-line basis.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand. Bank borrowings are included in creditors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 10,000
AMORTISATION
At 1 April 2023 5,000
Charge for year 1,000
At 31 March 2024 6,000
NET BOOK VALUE
At 31 March 2024 4,000
At 31 March 2023 5,000

MANIFEST CONSTRUCTION LTD (REGISTERED NUMBER: 11265885)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 94,415 6,878 101,293
Additions 12,495 1,142 13,637
Disposals (7,800 ) - (7,800 )
At 31 March 2024 99,110 8,020 107,130
DEPRECIATION
At 1 April 2023 43,157 4,126 47,283
Charge for year 12,978 1,528 14,506
Eliminated on disposal (5,332 ) - (5,332 )
At 31 March 2024 50,803 5,654 56,457
NET BOOK VALUE
At 31 March 2024 48,307 2,366 50,673
At 31 March 2023 51,258 2,752 54,010

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,410 4,301
Hire purchase contracts 3,049 3,049
Trade creditors 8,895 15,890
Taxation and social security 47,708 36,137
Other creditors 63,863 73,002
127,925 132,379

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 25,400 29,810
Hire purchase contracts 4,109 7,192
29,509 37,002

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 6,617 11,490

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 7,158 10,241

MANIFEST CONSTRUCTION LTD (REGISTERED NUMBER: 11265885)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1