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REGISTERED NUMBER: 10357016 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

M J COLES CONSTRUCTION SERVICES LIMITED

M J COLES CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 10357016)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M J COLES CONSTRUCTION SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: M J Coles
Mrs H L Coles





REGISTERED OFFICE: The Gatehouse
Unit B2, Poolhead Lane
Earlswood
Solihull
B94 5EW





REGISTERED NUMBER: 10357016 (England and Wales)





ACCOUNTANTS: Prime
Chartered Accountants
5 Argosy Court
Scimitar Way
Whitley Business Park
Coventry
CV3 4GA

M J COLES CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 10357016)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 272,233 204,437

CURRENT ASSETS
Stocks 282,536 5,000
Debtors 5 877,157 1,007,513
Cash at bank 506,881 342,617
1,666,574 1,355,130
CREDITORS
Amounts falling due within one year 6 677,410 559,141
NET CURRENT ASSETS 989,164 795,989
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,261,397

1,000,426

CREDITORS
Amounts falling due after more than one
year

7

(57,138

)

(69,919

)

PROVISIONS FOR LIABILITIES (33,072 ) (15,011 )
NET ASSETS 1,171,187 915,496

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,171,185 915,494
1,171,187 915,496

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

M J COLES CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 10357016)

BALANCE SHEET - continued
30 SEPTEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 April 2025 and were signed on its behalf by:





M J Coles - Director


M J COLES CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 10357016)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

M J Coles Construction Services Limited 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 each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33.33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

M J COLES CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 10357016)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 October 2023 10,227 110,535 4,359
Additions - 124,450 -
Disposals - - -
At 30 September 2024 10,227 234,985 4,359
DEPRECIATION
At 1 October 2023 4,091 32,135 2,476
Charge for year 1,522 42,155 1,089
Eliminated on disposal - - -
At 30 September 2024 5,613 74,290 3,565
NET BOOK VALUE
At 30 September 2024 4,614 160,695 794
At 30 September 2023 6,136 78,400 1,883

M J COLES CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 10357016)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 146,844 5,442 277,407
Additions 29,583 1,803 155,836
Disposals (19,944 ) (958 ) (20,902 )
At 30 September 2024 156,483 6,287 412,341
DEPRECIATION
At 1 October 2023 33,069 1,199 72,970
Charge for year 34,630 1,990 81,386
Eliminated on disposal (13,930 ) (318 ) (14,248 )
At 30 September 2024 53,769 2,871 140,108
NET BOOK VALUE
At 30 September 2024 102,714 3,416 272,233
At 30 September 2023 113,775 4,243 204,437

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 786,215 908,437
Other debtors 90,942 99,076
877,157 1,007,513

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,000 6,000
Hire purchase contracts 6,781 6,114
Trade creditors 302,588 397,114
Taxation and social security 193,322 115,645
Other creditors 168,719 34,268
677,410 559,141

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 4,500 10,500
Hire purchase contracts 52,638 59,419
57,138 69,919