Moss Construction (NI) Limited |
Registered Number:NI035231 |
For the year ended 31 March 2024
Northern Ireland
Unaudited Financial Statements
For the year ended 31 March 2024
Moss Construction (NI) Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Moss Construction (NI) Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
557,699
554,626
2
557,699
554,626
849,453
372,501
3
Trade and other receivables |
2,833,768
2,505,412
4
1,426,550
Cash and cash equivalents |
3,283,090
6,161,003
5,109,771
Trade and other payables: amounts falling due within one |
year |
(2,087,337)
(2,537,608)
5
3,022,434
3,623,395
Net current assets
Total assets less current liabilities |
4,181,094
3,577,060
Trade and other payables: amounts falling due after more |
than one year |
(421,205)
(43,183)
6
(119,318)
(103,075)
Provisions for liabilities |
4,018,593
Net assets
3,052,780
46
26
4,018,547
3,052,754
4,018,593
3,052,780
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 14 November 2024 and were signed by: |
1 of 5
For the year ended 31 March 2024
Moss Construction (NI) Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 5
For the year ended 31 March 2024
Moss Construction (NI) Limited
Notes to the Financial Statements
Statutory Information
Moss Construction (NI) Limited is a private limited company, limited by shares, domiciled in Northern Ireland, |
registration number NI035231. |
54 Ballymacauley Road
Seagahan
Armagh
County Armagh
BT60 2EZ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and Buildings
Plant and Machinery
Computer Equipment
Motor Vehicles
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result. |
3 of 5
For the year ended 31 March 2024
Moss Construction (NI) Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
1,833,544
13,116
51,446
596,721
1,169,579
2,682
283,772
4,592
-
86,000
193,180
-
-
-
-
(215,500)
-
(215,500)
2,682
682,721
51,446
17,708
1,901,816
1,147,259
Provision for depreciation and impairment |
1,278,918
7,633
49,095
400,443
819,065
2,682
Charge for year
139,573
2,015
588
56,456
80,514
-
(74,374)
-
-
-
(74,374)
-
1,344,117
9,648
49,683
456,899
825,205
2,682
-
322,054
225,822
1,763
8,060
557,699
-
350,514
196,278
2,351
5,483
554,626
2023
2024
372,501
849,453
4. Trade and other receivables |
2023
2024
1,517,739
1,718,096
987,673
1,115,672
2,833,768
2,505,412
4 of 5
For the year ended 31 March 2024
Moss Construction (NI) Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2023
2024
12,000
12,000
1,815,913
1,570,278
Taxation and social security |
604,710
396,566
Accruals and deferred income |
44,283
35,788
12,299
351
48,403
72,354
2,537,608
2,087,337
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
11,272
21,205
31,911
400,000
43,183
421,205
7. Average number of persons employed |
During the year the average number of employees was 24 (2023 : 24)
5 of 5