Registered number
04677764
Metcalf Contracts Properties Limited
Report and Accounts
28 February 2025
Metcalf Contracts Properties Limited
Report to the director on the preparation of the unaudited statutory accounts of Metcalf Contracts Properties Limited for the year ended 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Metcalf Contracts Properties Limited for the year ended 28 February 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Coalesco Accountants Limited
Chartered Certified Accountants
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
17 April 2025
Metcalf Contracts Properties Limited
Registered number: 04677764
Balance Sheet
as at 28 February 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 78,654 78,700
Current assets
Cash at bank and in hand 89,179 86,084
Creditors: amounts falling due within one year 4 (56,630) (58,498)
Net current assets 32,549 27,586
Net assets 111,203 106,286
Capital and reserves
Called up share capital 100 100
Profit and loss account 111,103 106,186
Shareholder's funds 111,203 106,286
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
C I Metcalf
Director
Approved by the board on 17 April 2025
Metcalf Contracts Properties Limited
Notes to the Accounts
for the year ended 28 February 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures & Fittings 15% reducing balance
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 March 2024 78,471 5,359 83,830
At 28 February 2025 78,471 5,359 83,830
Depreciation
At 1 March 2024 - 5,130 5,130
Charge for the year - 46 46
At 28 February 2025 - 5,176 5,176
Net book value
At 28 February 2025 78,471 183 78,654
At 29 February 2024 78,471 229 78,700
4 Creditors: amounts falling due within one year 2025 2024
£ £
Corporation tax 1,166 1,224
Other creditors 55,464 57,274
56,630 58,498
5 Other information
Metcalf Contracts Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
151 Lambley Lane
Burton Joyce
Nottingham
Nottinghamshire
NG14 5BN
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