The members have not required the company to obtain an audit of its accounts for the year ended 31 January 2025 in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect of accounting records and the preparation of accounts.

The accounts were approved and authorised for issue by the Board of Directors on 31 October 2025.

New City Vision (MMR) Contracts Limited is a private company limited by shares, registered in Scotland. The address of the registered office and registration number are as below:

13 Newton Place

Glasgow

Scotland

G3 7PR

These accounts have been prepared in accordance with FRS 102 the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland as adapted by Section 1A of FRS 102 and the Companies Act 2006.

The nature of the company's operations and principal activity during the period was that of property construction.

The accounts are prepared in sterling (£) which is the functional currency of the company and rounded to the nearest £.

The accounts have been prepared on the historical cost basis.

The financial statements have been prepared on a going concern basis. The shareholder of the Company will continue to support the Company to meet financial obligations as it arises. The directors have assessed the Company's ability to continue as a going concern and have reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future receipts discounted at the market rate of interest for a similar debt instrument.

Basic financial liabilities, which include trade creditors and other payables, are initially recognised at the transaction price, unless the arrangement constitute a financing transaction, where it is recognised at the present value of the future receipts discounted at the market rate of interest for a similar debt instrument.

At each reporting date the company assesses whether there is objective evidence that any financial asset has been impaired. A provision for impairment is established when there is objective evidence that the company will not be able to collect all amounts due. The amount of the provision is recognised immediately in profit or loss.

When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

The company has an unrecognised deferred tax asset of £3,005 (2024: £1,773) which has arisen from unused losses carried forward. Its recoverability is dependent upon future profits arising, the likelihood of which cannot at this stage be determined with reasonable certainty.