Company registration number: 01740445
Annual report and unaudited financial statements
for the year ended 30 September 2025
for
McShane Construction Limited
Pages for filing with the Registrar
Company registration number: 01740445
McShane Construction Limited
Balance sheet
as at 30 September 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 3,277 2,751
3,277 2,751
Current assets
Stocks 29,037 40,536
Debtors 5 15,667 18,103
Cash at bank and in hand 8,879 27,316
53,583 85,955
Creditors: amounts falling due within one
year 		6 (109,440) (136,627)
Net current liabilities (55,857) (50,672)
Total assets less current liabilities (52,580) (47,921)
Creditors: Amounts falling due after more
than one year 		7 (32,791) (41,768)
Provisions for liabilities (397) (397)
NET LIABILITIES (85,768) (90,086)
Capital and reserves
Called up share capital 900 900
Profit and loss account (86,668) (90,986)
TOTAL EQUITY (85,768) (90,086)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 September 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 01740445
McShane Construction Limited
Balance sheet - continued
as at 30 September 2025
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 to the Registrar.
Signed by:
Mr W McShane, Director
19 May 2026
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McShane Construction Limited
Notes to the financial statements
for the year ended 30 September 2025
1 Company information
McShane Construction Limited is a private company registered in England and Wales. Its registered number is 01740445. The company is limited by shares. Its registered office is 75 Applegarth Avenue, Guildford, Surrey, GU2 8LX.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 25% straight line
Fixtures & fittings - 25% straight line
Motor vehicles - 25% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
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McShane Construction Limited
Notes to the financial statements - continued
for the year ended 30 September 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that been enacted or substantively enacted by the balance sheet date and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 6 (2024 - 5).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 October 2024 20,254
Additions 2,714
At 30 September 2025 22,968
Depreciation
At 1 October 2024 17,503
Charge for year 2,188
At 30 September 2025 19,691
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McShane Construction Limited
Notes to the financial statements - continued
for the year ended 30 September 2025
4 Tangible fixed assets - continued
Net book value
At 30 September 2025 3,277
At 30 September 2024 2,751
5 Debtors
2025 2024
£ £
Trade debtors 14,312 16,333
Taxation 1,355 -
Other debtors - 1,770
15,667 18,103
6 Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 8,781 8,581
Trade creditors 22,805 44,239
Amounts owed to directors 71,655 71,192
VAT payable - 9,833
Social security and other tax 5,149 1,782
Accruals and deferred income 1,050 1,000
109,440 136,627
7 Creditors: amounts falling due after more than one year
2025 2024
£ £
Bank loans 32,791 41,768
Included within the above creditors are the following amounts falling due after more than five years:
2025 2024
£ £
Repayable by instalments
Bank loans - 7,443
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