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Company Registration No. 5400370 (England and Wales)
MSM Construction (Northern) Ltd. Unaudited accounts for the period from 1 March 2025 to 17 March 2026
MSM Construction (Northern) Ltd. Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MSM Construction (Northern) Ltd. Company Information for the period from 1 March 2025 to 17 March 2026
Directors
NA Moon D Segger K Segger
Secretary
NA Moon
Company Number
5400370 (England and Wales)
Registered Office
6 Crownest Road Barnoldswick Lancashire BB18 5DD
Accountants
Pearson & Associates Suite E, Canal Wharf Eshton Road Gargrave, Skipton North Yorkshire BD23 3SE
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MSM Construction (Northern) Ltd. Statement of financial position as at 17 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
26,204
201,180
Current assets
Debtors
5
237,573
133,734
Cash at bank and in hand
2,038,489
2,329,705
2,276,062
2,463,439
Creditors: amounts falling due within one year
6
(133,350)
(579,472)
Net current assets
2,142,712
1,883,967
Total assets less current liabilities
2,168,916
2,085,147
Provisions for liabilities
Deferred tax
-
(50,296)
Net assets
2,168,916
2,034,851
Capital and reserves
Called up share capital
20
20
Profit and loss account
2,168,896
2,034,831
Shareholders' funds
2,168,916
2,034,851
For the period ending 17 March 2026 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 directors acknowledge their 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 of Directors and authorised for issue on 17 March 2026 and were signed on its behalf by
K Segger Director Company Registration No. 5400370
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MSM Construction (Northern) Ltd. Notes to the Accounts for the period from 1 March 2025 to 17 March 2026
1
Statutory information
MSM Construction (Northern) Ltd. is a private company, limited by shares, registered in England and Wales, registration number 5400370. The registered office is 6 Crownest Road, Barnoldswick, Lancashire, BB18 5DD.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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MSM Construction (Northern) Ltd. Notes to the Accounts for the period from 1 March 2025 to 17 March 2026
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2025
293,485
155,864
759
7,425
457,533
Disposals
(249,485)
(72,628)
(759)
(7,425)
(330,297)
At 17 March 2026
44,000
83,236
-
-
127,236
Depreciation
At 1 March 2025
153,578
96,923
759
5,093
256,353
Charge for the period
1,328
6,224
-
2,332
9,884
On disposals
(118,436)
(38,585)
(759)
(7,425)
(165,205)
At 17 March 2026
36,470
64,562
-
-
101,032
Net book value
At 17 March 2026
7,530
18,674
-
-
26,204
At 28 February 2025
139,907
58,941
-
2,332
201,180
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
228,103
2,235
Accrued income and prepayments
-
131,499
Other debtors
9,470
-
237,573
133,734
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
-
156,640
Taxes and social security
130,026
381,662
Loans from directors
-
40,220
Accruals
3,324
950
133,350
579,472
7
Average number of employees
During the period the average number of employees was 7 (2025: 7).
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