MFE CONTRACTS LTD

Company Registration Number:
NI639870 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

MFE CONTRACTS LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

MFE CONTRACTS LTD

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 66,257 67,480
Total fixed assets: 66,257 67,480
Current assets
Stocks: 76,061 516,137
Debtors:   91,802 420,059
Cash at bank and in hand: 2,271,657 880,667
Total current assets: 2,439,520 1,816,863
Creditors: amounts falling due within one year:   (341,037) (304,089)
Net current assets (liabilities): 2,098,483 1,512,774
Total assets less current liabilities: 2,164,740 1,580,254
Provision for liabilities: (17,000) (16,000)
Total net assets (liabilities): 2,147,740 1,564,254
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,147,640 1,564,154
Shareholders funds: 2,147,740 1,564,254

The notes form part of these financial statements

MFE CONTRACTS LTD

Balance sheet statements

For the year ending 30 April 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 September 2024
and signed on behalf of the board by:

Name: Keith McFarland
Status: Director

The notes form part of these financial statements

MFE CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

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

MFE CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 15 16

MFE CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 121,392
Additions 35,800
Disposals (42,800)
At 30 April 2024 114,392
Depreciation
At 01 May 2023 53,912
Charge for year 16,564
On disposals (22,341)
At 30 April 2024 48,135
Net book value
At 30 April 2024 66,257
At 30 April 2023 67,480