REGISTERED NUMBER: SC632419 (Scotland)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

North East Construction Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B N Smith

REGISTERED OFFICE:

6 Market Square

Oldmeldrum

Inverurie

Aberdeenshire

AB51 0AA

REGISTERED NUMBER:

SC632419 (Scotland)

ACCOUNTANTS:

Add Accountancy Limited

6 Market Square

Oldmeldrum

Aberdeenshire

AB51 0AA

FIXED ASSETS

Tangible assets

4

115,146

109,709

CURRENT ASSETS

Stocks

260,570

-

Debtors

5

436,805

319,768

Cash at bank

607,957

265,745

1,305,332

585,513

CREDITORS

Amounts falling due within one year

6

301,251

121,385

NET CURRENT ASSETS

1,004,081

464,128

TOTAL ASSETS LESS CURRENT LIABILITIES

1,119,227

573,837

PROVISIONS FOR LIABILITIES

-

27,427

NET ASSETS

1,119,227

546,410

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,118,227

545,410

SHAREHOLDERS' FUNDS

1,119,227

546,410

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 December 2025 and were signed by:

B N Smith - Director

1.	STATUTORY INFORMATION

North East Construction Limited is a private company, limited by shares , registered in Scotland. 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 etc

-

25% on reducing balance and 20% on reducing balance

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

159,416

Additions

45,895

Disposals

(18,981

)

At 30 June 2025

186,330

DEPRECIATION

At 1 July 2024

49,707

Charge for year

32,450

Eliminated on disposal

(10,973

)

At 30 June 2025

71,184

NET BOOK VALUE

At 30 June 2025

115,146

At 30 June 2024

109,709

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

189,236

161,388

Other debtors

247,569

158,380

436,805

319,768

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade creditors

8,725

1,272

Taxation and social security

192,891

69,864

Other creditors

99,635

50,249

301,251

121,385