Maxted Construction Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07566233

MAXTED CONSTRUCTION LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2025

MAXTED CONSTRUCTION LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Tangible assets	5		812	141

CURRENT ASSETS

Stocks		2,600	3,000
Debtors	6	10,455	13,837
Cash at bank and in hand		28,682	7,430
		---------	---------
		41,737	24,267

CREDITORS: amounts falling due within one year	7	43,710		24,607
		---------		---------
NET CURRENT LIABILITIES			1,973	340
			--------	-----
TOTAL ASSETS LESS CURRENT LIABILITIES			( 1,161)	( 199)

CREDITORS: amounts falling due after more than one year	8	1,100	7,700
		--------	--------
NET LIABILITIES		( 2,261)	( 7,899)
		--------	--------

CAPITAL AND RESERVES

Called up share capital	2	2
Profit and loss account	( 2,263)	( 7,901)
	--------	--------
SHAREHOLDERS DEFICIT	( 2,261)	( 7,899)
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

MAXTED CONSTRUCTION LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 27 November 2025 , and are signed on behalf of the board by:

Mr R C Maxted	Mrs C J Maxted
Director	Director

Company registration number: 07566233

MAXTED CONSTRUCTION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 High Street, St Lawrence, Ramsgate, Kent, CT11 0QL, England.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of Preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue Recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible Assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Equipment	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 2 (2024: 1 ).

5. TANGIBLE ASSETS

	Plant and machinery	Equipment	Total
	£	£	£
Cost
At 1 April 2024	2,600	1,497	4,097
Additions	–	940	940
	--------	--------	--------
At 31 March 2025	2,600	2,437	5,037
	--------	--------	--------
Depreciation
At 1 April 2024	2,518	1,438	3,956
Charge for the year	20	249	269
	--------	--------	--------
At 31 March 2025	2,538	1,687	4,225
	--------	--------	--------
Carrying amount
At 31 March 2025	62	750	812
	--------	--------	--------
At 31 March 2024	82	59	141
	--------	--------	--------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	2,992	582
Other debtors	7,463	13,255
	---------	---------
	10,455	13,837
	---------	---------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	6,600	6,600
Trade creditors	21,287	11,273
Corporation tax	1,218	915
Social security and other taxes	10,488	2,619
Other creditors	4,117	3,200
	---------	---------
	43,710	24,607
	---------	---------

8. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,100	7,700
	--------	--------

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr R C Maxted	12,005	( 5,791)	6,214
	---------	--------	--------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr R C Maxted	13,386	( 1,381)	12,005
	---------	--------	---------