Company Registration No. 12063707 (England and Wales)
Maestro Construction Ltd
Unaudited accounts
for the year ended 30 June 2024
Maestro Construction Ltd
Unaudited accounts
Contents
Maestro Construction Ltd
Company Information
for the year ended 30 June 2024
Directors
M Mazen Mansour
Mohammed Ismail Alsayed Ahmed
Company Number
12063707 (England and Wales)
Registered Office
47-49
Park Royal Rd
London
England
NW10 7LQ
United Kingdom
Accountants
KM Accountancy Services Ltd
1000
Great West Rd
United Business Centre
Brentford, London
TW8 9DW
Maestro Construction Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
45,173
57,189
Cash at bank and in hand
37,782
13,982
Creditors: amounts falling due within one year
(61,820)
(22,142)
Net current liabilities
(24,038)
(8,160)
Total assets less current liabilities
21,135
49,029
Creditors: amounts falling due after more than one year
(11,145)
(15,795)
Profit and loss account
9,990
33,234
Shareholders' funds
9,990
33,234
For the year ending 30 June 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 February 2025 and were signed on its behalf by
M Mazen Mansour
Director
Company Registration No. 12063707
Maestro Construction Ltd
Notes to the Accounts
for the year ended 30 June 2024
Maestro Construction Ltd is a private company, limited by shares, registered in England and Wales, registration number 12063707. The registered office is 47-49, Park Royal Rd, London, England , NW10 7LQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight line basis
Computer equipment
20% Straight line basis
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2023
59,082
999
60,081
At 30 June 2024
59,082
999
60,081
At 1 July 2023
2,825
67
2,892
Charge for the year
11,816
200
12,016
At 30 June 2024
14,641
267
14,908
At 30 June 2024
44,441
732
45,173
At 30 June 2023
56,257
932
57,189
Maestro Construction Ltd
Notes to the Accounts
for the year ended 30 June 2024
5
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
4,770
4,890
Taxes and social security
-
3,013
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
11,145
15,795
7
Average number of employees
During the year the average number of employees was 7 (2023: 7).