REGISTERED NUMBER: 04475165 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Nsj Contractors Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N M Chapman

S N Chapman

J Chapman

SECRETARY:

F M Chapman

REGISTERED OFFICE:

Unit 4 Heather Close

Lyme Green Business Park

Macclesfield

Cheshire

SK11 0LR

REGISTERED NUMBER:

04475165 (England and Wales)

ACCOUNTANTS:

Mabe Allen LLP

Chartered Accountants

50 Osmaston Road

Derby

DE1 2HU

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

141,438

185,077

141,438

185,077

CURRENT ASSETS

Stocks

517,220

499,873

Debtors

7

1,126,647

422,488

Cash at bank

54,697

411,343

1,698,564

1,333,704

CREDITORS

Amounts falling due within one year

8

666,912

414,465

NET CURRENT ASSETS

1,031,652

919,239

TOTAL ASSETS LESS CURRENT LIABILITIES

1,173,090

1,104,316

PROVISIONS FOR LIABILITIES

9

105,360

46,382

NET ASSETS

1,067,730

1,057,934

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,067,630

1,057,834

SHAREHOLDERS' FUNDS

1,067,730

1,057,934

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 August 2025 and were signed on its behalf by:

N M Chapman - Director

1.	STATUTORY INFORMATION

Nsj Contractors Ltd 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

Principal accounting policies

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of the business in 2002, was amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

15% on reducing balance

Fixtures and fittings

-

33% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset`s cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the income statement unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Provisions

Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 18 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

78,400

AMORTISATION

At 1 April 2024

and 31 March 2025

78,400

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

6.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

119,194

118,204

321,589

558,987

Additions

-

2,961

-

2,961

Disposals

-

(72,672

)

(13,600

)

(86,272

)

At 31 March 2025

119,194

48,493

307,989

475,676

DEPRECIATION

At 1 April 2024

86,610

109,303

177,997

373,910

Charge for year

6,982

1,905

35,898

44,785

Eliminated on disposal

-

(72,672

)

(11,785

)

(84,457

)

At 31 March 2025

93,592

38,536

202,110

334,238

NET BOOK VALUE

At 31 March 2025

25,602

9,957

105,879

141,438

At 31 March 2024

32,584

8,901

143,592

185,077

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

464,291

325,764

Amounts owed by group undertakings

593,700

64,585

Other debtors

68,656

32,139

1,126,647

422,488

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

126,985

124,428

Amounts owed to group undertakings

374,283

92,061

Taxation and social security

151,852

185,715

Other creditors

13,792

12,261

666,912

414,465

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

35,360

46,382

Dilapidations provision

70,000

-

105,360

46,382

Deferred

Dilapidati

tax

ons

£

£

Balance at 1 April 2024

46,382

-

(Credit)/charge to Statement of Income and Retained Earnings during year

(11,022

)

70,000

Balance at 31 March 2025

35,360

70,000

The dilapidations provision is based on the directors' best estimate of the costs to the company which will be incurred on exit of a property.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

N M Chapman

Balance outstanding at start of year

-

-

Amounts advanced

50,727

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

50,727

-

Interest has been charged on the overdrawn balance at the HM Revenue & Customs approved rate of 2.25%.