Company Registration No. 05345412 (England and Wales)
J McGrath & Sons Construction Limited
Unaudited accounts
for the year ended 31 March 2025
J McGrath & Sons Construction Limited
Unaudited accounts
Contents
J McGrath & Sons Construction Limited
Company Information
for the year ended 31 March 2025
Company Number
05345412 (England and Wales)
Registered Office
Hartfield House
149 Hartfield Road
Wimbledon
London
SW19 3TJ
United Kingdom
Accountants
Blythe & Co
41 Oldfields Road
Sutton
Surrey
SM1 2NB
J McGrath & Sons Construction Limited
Statement of financial position
as at 31 March 2025
Tangible assets
15,254
39,257
Cash at bank and in hand
56,977
323,175
Creditors: amounts falling due within one year
(123,816)
(247,558)
Net current assets
163,262
188,718
Total assets less current liabilities
178,516
227,975
Creditors: amounts falling due after more than one year
(79,435)
(47,201)
Called up share capital
300
300
Profit and loss account
98,781
180,474
Shareholders' funds
99,081
180,774
For the year ending 31 March 2025 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 director acknowledges his 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 and authorised for issue on 10 April 2025 and were signed on its behalf by
James McGrath
Director
Company Registration No. 05345412
J McGrath & Sons Construction Limited
Notes to the Accounts
for the year ended 31 March 2025
J McGrath & Sons Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 05345412. The registered office is Hartfield House, 149 Hartfield Road, Wimbledon, London, SW19 3TJ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Motor vehicles
25% on cost
4
Tangible fixed assets
Motor vehicles
Charge for the year
24,003
Amounts falling due within one year
Trade debtors
230,101
87,642
J McGrath & Sons Construction Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
6,234
6,234
Trade creditors
41,446
52,691
Taxes and social security
48,993
146,922
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
19,166
25,401
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
100 Ordinary B Shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 7 (2024: 7).