Mark Rees Construction Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07285267

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Mark Rees Construction Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M A Rees

REGISTERED OFFICE:

Golden Valley Accountancy Ltd

Pontrilas

Hereford

Herefordshire

HR2 0EL

REGISTERED NUMBER:

07285267

ACCOUNTANTS:

Golden Valley Accountancy Limited

Unit 4

Westwood Industrial Estate

Pontrilas

Herefordshire

HR2 0EL

FIXED ASSETS

Tangible assets

4

9,170

11,462

CURRENT ASSETS

Debtors

5

15,404

-

Cash at bank

382,185

251,708

397,589

251,708

CREDITORS

Amounts falling due within one year

6

91,358

59,557

NET CURRENT ASSETS

306,231

192,151

TOTAL ASSETS LESS CURRENT
LIABILITIES

315,401

203,613

CREDITORS

Amounts falling due after more than
one year

7

6,226

9,224

NET ASSETS

309,175

194,389

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

309,075

194,289

SHAREHOLDERS' FUNDS

309,175

194,389

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

Mr M A Rees - Director

1.	STATUTORY INFORMATION

Mark Rees Construction Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

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.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1 January 2024

and 31 December 2024

2,642

39,000

41,642

DEPRECIATION

At 1 January 2024

2,457

27,723

30,180

Charge for year

37

2,255

2,292

At 31 December 2024

2,494

29,978

32,472

NET BOOK VALUE

At 31 December 2024

148

9,022

9,170

At 31 December 2023

185

11,277

11,462

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

2,000

-

Other debtors

13,404

-

15,404

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

4,193

5,642

Taxation and social security

85,690

52,709

Other creditors

1,475

1,206

91,358

59,557

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.12.24

31.12.23

£

Bank loans

6,226

9,224

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

100

Ordinary

1

100

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

Mr M A Rees

Balance outstanding at start of year

-

Amounts advanced

13,404

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

13,404

-