Company Registration No. 11235161 (England and Wales)
M2 Construction (Staffs) Ltd
Unaudited accounts
for the year ended 28 February 2025
M2 Construction (Staffs) Ltd
Unaudited accounts
Contents
M2 Construction (Staffs) Ltd
Company Information
for the year ended 28 February 2025
Directors
H L Cutland
O A Hulme
P Fielding
P Rushton
Company Number
11235161 (England and Wales)
Registered Office
Unit 40a Brookhouse Road
Parkhouse Industrial Estate West
Newcastle-under-Lyme
Staffordshire
ST5 7RU
England
Accountants
Tyler Cobane Limited
29 Walton Way
Walton
Stone
Staffordshire
ST15 0JF
M2 Construction (Staffs) Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
79,531
116,209
Inventories
136,710
183,414
Cash at bank and in hand
293,448
77,137
Creditors: amounts falling due within one year
(775,580)
(784,960)
Net current assets
324,550
372,764
Total assets less current liabilities
404,081
488,973
Creditors: amounts falling due after more than one year
(23,543)
(58,510)
Provisions for liabilities
Deferred tax
(15,111)
(22,080)
Net assets
365,427
408,383
Called up share capital
1
1
Profit and loss account
365,426
408,382
Shareholders' funds
365,427
408,383
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 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 26 March 2025 and were signed on its behalf by
O A Hulme
Director
Company Registration No. 11235161
M2 Construction (Staffs) Ltd
Notes to the Accounts
for the year ended 28 February 2025
M2 Construction (Staffs) Ltd is a private company, limited by shares, registered in England and Wales, registration number 11235161. The registered office is Unit 40a Brookhouse Road, Parkhouse Industrial Estate West, Newcastle-under-Lyme, Staffordshire, ST5 7RU, 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:
Plant & machinery
10% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
10% Reducing balance
Computer equipment
33% Reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
M2 Construction (Staffs) Ltd
Notes to the Accounts
for the year ended 28 February 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2024
69,663
106,474
5,092
14,866
196,095
Additions
-
7,800
-
-
7,800
Disposals
-
(82,144)
-
-
(82,144)
At 28 February 2025
69,663
32,130
5,092
14,866
121,751
At 1 March 2024
3,147
64,753
1,438
10,548
79,886
Charge for the year
6,651
10,603
365
2,398
20,017
On disposals
-
(57,683)
-
-
(57,683)
At 28 February 2025
9,798
17,673
1,803
12,946
42,220
At 28 February 2025
59,865
14,457
3,289
1,920
79,531
At 29 February 2024
66,516
41,721
3,654
4,318
116,209
Amounts falling due within one year
Trade debtors
624,575
870,288
Other debtors
45,397
26,885
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,346
9,346
Obligations under finance leases and hire purchase contracts
19,933
32,090
Trade creditors
457,045
469,846
Taxes and social security
240,106
259,268
Other creditors
49,150
14,410
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
15,759
42,095
M2 Construction (Staffs) Ltd
Notes to the Accounts
for the year ended 28 February 2025
8
Deferred taxation
2025
2024
Accelerated capital allowances
15,111
22,080
Provision at start of year
22,080
10,240
(Credited)/charged to the profit and loss account
(6,969)
11,840
Provision at end of year
15,111
22,080
9
Average number of employees
During the year the average number of employees was 15 (2024: 15).