REGISTERED NUMBER: 05636008 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

METRIC CONSTRUCTION (NAZARENE COURT)

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L D Metcalfe

G Ritchie

SECRETARY:

G Ritchie

REGISTERED OFFICE:

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

REGISTERED NUMBER:

05636008 (England and Wales)

ACCOUNTANTS:

P B Syddall & Co

Chartered Accountants

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

FIXED ASSETS

Tangible assets

5

15,000

15,000

CURRENT ASSETS

Prepayments and accrued income

8,550

8,100

CREDITORS

Amounts falling due within one year

6

8,610

8,150

NET CURRENT LIABILITIES

(60

)

(50

)

TOTAL ASSETS LESS CURRENT LIABILITIES

14,940

14,950

CAPITAL AND RESERVES

Called up share capital

1

1

Revaluation reserve

7

15,000

15,000

Retained earnings

(61

)

(51

)

SHAREHOLDERS' FUNDS

14,940

14,950

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

G Ritchie - Director

1.	STATUTORY INFORMATION

Metric Construction (Nazarene Court) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention.

PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS

The reporting entity is both a parent company and a subsidiary undertaking. The financial statements reflect only the results of the individual entity and not the results of its subsidiary undertakings.

The reporting entity is not required to prepare consolidated financial statements as the consolidated financial statements of the parent company are publicly available and include the results of both the reporting entity and its subsidiary undertakings.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

FREEHOLD LAND INTEREST

Interests in freehold land that are to be retained for investment purposes are valued annually on an open market value basis.

Land has an indefinite life and is a non-depreciating asset in accordance with FRS 15. As such depreciation is not charged to the profit and loss account. Instead an annual impairment review is undertaken by management to ensure there are no key indicators of impairment.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

5.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 January 2024

and 31 December 2024

15,000

NET BOOK VALUE

At 31 December 2024

15,000

At 31 December 2023

15,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

7,647

6,863

Accrued expenses

963

1,287

8,610

8,150

7.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

15,000

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, £1 was due from Metric Construction (Holdings) Limited relating to unpaid share capital in the reporting entity.

£7,647 (2023 - £6,873) was owed to Metric Construction (Holdings) Limited at the balance sheet date. Metric Construction (Holdings) Limited is deemed to be a related party by virtue of the fact it is the parent company of the reporting entity. The amount is fully repayable and no amounts have been written off during the year.