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Company Registration No. 05299935 (England and Wales)
North East Demolition (UK) Ltd Unaudited accounts for the year ended 31 December 2024
North East Demolition (UK) Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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North East Demolition (UK) Ltd Company Information for the year ended 31 December 2024
Directors
Mr S Harvey Mr W Harris Mr R Harris Miss D Andrews Mr R Mould Mr B Harris Mrs H Harris Miss G Howard Miss S Harvey Miss C Harvey
Company Number
05299935 (England and Wales)
Registered Office
Unit 11 Holts Court Threshers Bush Harlow Essex CM17 0NS United Kingdom
Accountants
Deciphr Ltd Unit 11 Holts Court Threshers Bush Harlow Essex CM17 0NS
- 3 -
North East Demolition (UK) Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,904,229 
1,408,329 
Current assets
Inventories
230,000 
480,000 
Debtors
5
515,945 
636,669 
Cash at bank and in hand
(41,626)
(8,467)
704,319 
1,108,202 
Creditors: amounts falling due within one year
6
(739,882)
(733,141)
Net current (liabilities)/assets
(35,563)
375,061 
Total assets less current liabilities
1,868,666 
1,783,390 
Creditors: amounts falling due after more than one year
7
(165,000)
(205,000)
Provisions for liabilities
Other provisions
(10,725)
(10,725)
Net assets
1,692,941 
1,567,665 
Capital and reserves
Called up share capital
6 
6 
Profit and loss account
1,692,935 
1,567,659 
Shareholders' funds
1,692,941 
1,567,665 
For the year ending 31 December 2024 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 30 September 2025 and were signed on its behalf by
Mr S Harvey Director Company Registration No. 05299935
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North East Demolition (UK) Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
North East Demolition (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 05299935. The registered office is Unit 11 Holts Court, Threshers Bush, Harlow, Essex, CM17 0NS, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
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:
Deferred taxation
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.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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North East Demolition (UK) Ltd Notes to the Accounts for the year ended 31 December 2024
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2024
2,813,919 
Additions
635,000 
Disposals
(86,600)
At 31 December 2024
3,362,319 
Depreciation
At 1 January 2024
1,405,590 
Charge for the year
52,500 
At 31 December 2024
1,458,090 
Net book value
At 31 December 2024
1,904,229 
At 31 December 2023
1,408,329 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
55,745 
Trade debtors
455,924 
484,531 
Accrued income and prepayments
60,021 
75,250 
Other debtors
- 
21,143 
515,945 
636,669 
- 6 -
North East Demolition (UK) Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
161,260 
125,752 
VAT
56,827 
- 
Obligations under finance leases and hire purchase contracts
349,266 
366,770 
Trade creditors
146,717 
186,730 
Taxes and social security
22,167 
23,957 
Other creditors
3,645 
- 
Loans from directors
- 
29,932 
739,882 
733,141 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
165,000 
205,000 
8
Average number of employees
During the year the average number of employees was 26 (2023: 26).
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