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Company Registration No. 14667090 (England and Wales)
Method Construction Services Ltd Unaudited accounts for the year ended 28 February 2025
Method Construction Services Ltd Unaudited accounts Contents
Page
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Method Construction Services Ltd Company Information for the year ended 28 February 2025
Director
Oliver Benford
Company Number
14667090 (England and Wales)
Registered Office
1 Highview Road Chichester PO20 3XB England
Accountants
Neat Accounting Ltd The Track Station Rd Bognor Regis West Sussex PO21 1QF
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Method Construction Services Ltd Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,675 
16,533 
Current assets
Debtors
984 
18,652 
Cash at bank and in hand
4,428 
41,043 
5,412 
59,695 
Creditors: amounts falling due within one year
(8,750)
(33,833)
Net current (liabilities)/assets
(3,338)
25,862 
Net assets
9,337 
42,395 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
9,336 
42,394 
Shareholders' funds
9,337 
42,395 
For the year ending 28 February 2025 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 director acknowledges his 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 and authorised for issue on 28 February 2025 and were signed on its behalf by
Oliver Benford Director Company Registration No. 14667090
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Method Construction Services Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Method Construction Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 14667090. The registered office is 1 Highview Road, Chichester, PO20 3XB, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% SLB
Motor vehicles
25% SLB
Computer equipment
33% SLB
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2024
1,704 
19,990 
266 
21,960 
Additions
1,681 
- 
- 
1,681 
At 28 February 2025
3,385 
19,990 
266 
23,641 
Depreciation
At 1 March 2024
341 
4,998 
88 
5,427 
Charge for the year
453 
4,998 
88 
5,539 
At 28 February 2025
794 
9,996 
176 
10,966 
Net book value
At 28 February 2025
2,591 
9,994 
90 
12,675 
At 29 February 2024
1,363 
14,992 
178 
16,533 
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Method Construction Services Ltd Notes to the Accounts for the year ended 28 February 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
108 
18,652 
Accrued income and prepayments
876 
- 
984 
18,652 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
3,880 
15,772 
Trade creditors
- 
1,249 
Taxes and social security
4,870 
16,953 
Loans from directors
- 
(141)
8,750 
33,833 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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