Company Registration Number NI627738 (Northern Ireland)
KONSTRUCT CONTRACTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
KONSTRUCT CONTRACTS LTD
BALANCE SHEET
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2024
2023
£
£
£
£
Fixed assets
6,843
10,231
Current assets
485,644
752,609
Prepayments and accrued income
428
Creditors: amounts falling due within one year
(98,734)
(105,655)
Net current assets
386,910
647,382
Total assets less current liabilities
393,753
657,613
Creditors: amounts falling due after more than one year
(1,196,915)
(1,238,930)
Net liabilities
(803,162)
(581,317)
Capital and reserves
(803,162)
(581,317)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
3
2
Going Concern
The director has considered it satisfactory to prepare accounts on a going concern basis, notwithstanding the fact the Balance Sheet is in a net liability position of £803,162 as at 31 May 2024.
Konstruct Contracts Ltd is a private company limited by shares incorporated in Northern Ireland. The registered office is Dean Swift Building, 50 Hamiltonsbawn Road, Armagh, Co. Armagh, Northern Ireland, BT60 1HW.
For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
KONSTRUCT CONTRACTS LTD
BALANCE SHEET (CONTINUED)
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The financial statements were approved by the board of directors and authorised for issue on 17 June 2025 and are signed on its behalf by:
Mr M M Kernan
Director
Company Registration Number NI627738