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
Method Construction Services Ltd
Company Information
for the year ended 28 February 2025
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
Method Construction Services Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
12,675
16,533
Cash at bank and in hand
4,428
41,043
Creditors: amounts falling due within one year
(8,750)
(33,833)
Net current (liabilities)/assets
(3,338)
25,862
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
Method Construction Services Ltd
Notes to the Accounts
for the year ended 28 February 2025
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.
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:
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
At 28 February 2025
3,385
19,990
266
23,641
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
At 28 February 2025
2,591
9,994
90
12,675
At 29 February 2024
1,363
14,992
178
16,533
Method Construction Services Ltd
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
Accrued income and prepayments
876
-
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
4,870
16,953
Loans from directors
-
(141)
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).