REGISTERED NUMBER: 04605839 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MALCOLM REED CONSTRUCTION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Reed

L Reed

REGISTERED OFFICE:

16 Papworth Business Park

Strirling Way

Papworth Everard

Cambridgeshire

CB23 3GY

REGISTERED NUMBER:

04605839 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

611

1,222

611

1,222

CURRENT ASSETS

Stocks

41,659

5,000

Debtors

7

117,013

204,588

Cash and cash equivalents

77,681

85,017

236,353

294,605

CREDITORS

Amounts falling due within one year

8

(55,280

)

(58,432

)

NET CURRENT ASSETS

181,073

236,173

TOTAL ASSETS LESS CURRENT LIABILITIES

181,684

237,395

CREDITORS

Amounts falling due after more than one year

9

(2,416

)

(12,588

)

NET ASSETS

179,268

224,807

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

179,168

224,707

SHAREHOLDERS' FUNDS

179,268

224,807

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

L Reed - Director

1.	STATUTORY INFORMATION

Malcolm Reed Construction Limited 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

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis as the company continues to receive the support of the director where required to ensure it meets all liabilities as they fall due.

Turnover

Turnover represents net invoiced sales of construction services, excluding value added tax, invoiced at various stages of completion for each project.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of the business in 2003, is being amortised evenly over its estimated life of five 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 cost and 15% on reducing balance

Motor vehicles - 25% on reducing balance

Stocks

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

Costs includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

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.

4.	EMPLOYEES AND DIRECTORS

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

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

30,000

AMORTISATION

At 1 April 2024

and 31 March 2025

30,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

6.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

2,443

DEPRECIATION

At 1 April 2024

1,221

Charge for year

611

At 31 March 2025

1,832

NET BOOK VALUE

At 31 March 2025

611

At 31 March 2024

1,222

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,000

61,823

Other debtors

112,013

142,765

117,013

204,588

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,648

10,648

Trade creditors

37,548

25,794

Taxation and social security

3,084

3,375

Other creditors

4,000

18,615

55,280

58,432

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,416

12,588

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1.00

100

100

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

L Reed

Balance outstanding at start of year

(3,330

)

(3,330

)

Amounts advanced

35,000

16,667

Amounts repaid

(22,500

)

(16,667

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,170

(3,330

)

M Reed

Balance outstanding at start of year

(9,969

)

(4,399

)

Amounts advanced

25,000

19,430

Amounts repaid

(5,834

)

(25,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,197

(9,969

)

12.	RELATED PARTY DISCLOSURES

At the balance sheet date an amount of £74,048 (2024: £141,648) was due from an associated party and is disclosed within other debtors.