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REGISTERED NUMBER: 08858803 (England and Wales)

















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29TH FEBRUARY 2024

FOR

NGS CONSTRUCTION & ESTATES LTD

NGS CONSTRUCTION & ESTATES LTD (REGISTERED NUMBER: 08858803)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH FEBRUARY 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


NGS CONSTRUCTION & ESTATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29TH FEBRUARY 2024







DIRECTOR: Mr. M Karia





SECRETARY: NGS Trading & Holdings Ltd





REGISTERED OFFICE: NGS Group Offices
Rushington Business Park
Chapel Lane
Southampton
SO4O 9AH





REGISTERED NUMBER: 08858803 (England and Wales)





ACCOUNTANTS: Watergates Ltd
109 Coleman Road
Leicester
LE5 4LE

NGS CONSTRUCTION & ESTATES LTD (REGISTERED NUMBER: 08858803)

STATEMENT OF FINANCIAL POSITION
29TH FEBRUARY 2024

29/2/24 28/2/23
Notes £    £   
FIXED ASSETS
Tangible assets 4 132 293

CURRENT ASSETS
Debtors 5 110,231 96,354
Cash at bank and in hand 9,866 6,623
120,097 102,977
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

(17,810

)

(4,913

)
NET CURRENT ASSETS 102,287 98,064
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,419

98,357

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 102,418 98,356
SHAREHOLDERS' FUNDS 102,419 98,357

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 29th February 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28th November 2024 and were signed by:





Mr. M Karia - Director


NGS CONSTRUCTION & ESTATES LTD (REGISTERED NUMBER: 08858803)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH FEBRUARY 2024


1. STATUTORY INFORMATION

NGS Construction & Estates Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 the cost less estimated residual value of each asset over its estimated useful life.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1st March 2023
and 29th February 2024 1,172
DEPRECIATION
At 1st March 2023 879
Charge for year 161
At 29th February 2024 1,040
NET BOOK VALUE
At 29th February 2024 132
At 28th February 2023 293

NGS CONSTRUCTION & ESTATES LTD (REGISTERED NUMBER: 08858803)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29TH FEBRUARY 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/2/24 28/2/23
£    £   
Trade debtors 900 -
Amounts owed by group undertakings 107,833 94,933
Other debtors 1,498 1,421
110,231 96,354

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/2/24 28/2/23
£    £   
Trade creditors 1,581 15
Taxation and social security 1,229 4,898
Other creditors 15,000 -
17,810 4,913

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29/2/24 28/2/23
value: £    £   
1 ORDINARY £1 1 1

8. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary under the control of NGS Trading & Holdings Ltd registered in England & Wales, registered office: NGS Group Offices, Rushington Business Park, Chapel Lane, Southampton, SO40 9AH, UK.