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REGISTERED NUMBER: 06575717 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Middleton Construction (Nw) Ltd

Middleton Construction (Nw) Ltd (Registered number: 06575717)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Middleton Construction (Nw) Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs J Middleton
Mr B Middleton





REGISTERED OFFICE: c/o Haines Watts Chester
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS





REGISTERED NUMBER: 06575717 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

Middleton Construction (Nw) Ltd (Registered number: 06575717)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,276 26,875

CURRENT ASSETS
Stocks 4,000 4,845
Debtors 5 1,307 1,505
Cash at bank 82,416 98,345
87,723 104,695
CREDITORS
Amounts falling due within one year 6 30,827 40,374
NET CURRENT ASSETS 56,896 64,321
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,172

91,196

PROVISIONS FOR LIABILITIES 3,922 5,106
NET ASSETS 75,250 86,090

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 75,150 85,990
75,250 86,090

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 directors acknowledge their 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.

Middleton Construction (Nw) Ltd (Registered number: 06575717)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 4 December 2024 and were signed on its behalf by:





Mr B Middleton - Director


Middleton Construction (Nw) Ltd (Registered number: 06575717)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Middleton Construction (Nw) 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.

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.

The financial statements are presented in sterling, which is functional currency of the company, rounded to the nearest £1.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding rebates, discounts, value added tax and other sales taxes. Turnover from the rendering of services is recognised by the stage of completion of the contract.

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
Computer equipment - 33% on cost

Stock and work kin progress
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Work in progress is stated at estimated realisable value, after providing for non-recoverable amounts. Work in progress represents unbilled revenue.

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.


Middleton Construction (Nw) Ltd (Registered number: 06575717)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 4,027 70,946 4,250 79,223
Additions - - 1,165 1,165
At 31 March 2024 4,027 70,946 5,415 80,388
DEPRECIATION
At 1 April 2023 2,418 45,680 4,250 52,348
Charge for year 322 5,054 388 5,764
At 31 March 2024 2,740 50,734 4,638 58,112
NET BOOK VALUE
At 31 March 2024 1,287 20,212 777 22,276
At 31 March 2023 1,609 25,266 - 26,875

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 1,307 1,505

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 3,698 4,250
Taxation and social security 26,750 33,684
Other creditors 379 2,440
30,827 40,374

Middleton Construction (Nw) Ltd (Registered number: 06575717)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. RELATED PARTY DISCLOSURES

The directors loaned to the company a total of £40,650 in the year and were repaid a total of £40,623. The balance owing to the Directors as at 31.03.2024 is £29 (2023 -£2).