Metro Build Midlands Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10740908 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

30 MARCH 2024 TO 28 MARCH 2025

FOR

METRO BUILD MIDLANDS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

I S Panesar

SECRETARY:

S S Panesar

REGISTERED OFFICE:

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

REGISTERED NUMBER:

10740908 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Tangible assets

4

582,312

249,021

CURRENT ASSETS

Stocks

770,000

1,000,000

Debtors

5

661,203

400,000

Cash at bank

13,299

53,969

1,444,502

1,453,969

CREDITORS

Amounts falling due within one year

6

1,747,015

1,303,331

NET CURRENT (LIABILITIES)/ASSETS

(302,513

)

150,638

TOTAL ASSETS LESS CURRENT
LIABILITIES

279,799

399,659

CREDITORS

Amounts falling due after more than one
year

7

(224,154

)

(265,984

)

PROVISIONS FOR LIABILITIES

-

(21,751

)

NET ASSETS

55,645

111,924

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

55,545

111,824

55,645

111,924

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 March 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 June 2026 and were signed by:

I S Panesar - Director

1.	STATUTORY INFORMATION

Metro Build Midlands 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.

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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 tax

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 have been enacted or substantively enacted by the period end 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 probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 period was 11 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

COST

At 30 March 2024

318,627

13,490

332,117

Additions

475,736

8,488

484,224

At 28 March 2025

794,363

21,978

816,341

DEPRECIATION

At 30 March 2024

72,644

10,452

83,096

Charge for period

147,520

3,413

150,933

At 28 March 2025

220,164

13,865

234,029

NET BOOK VALUE

At 28 March 2025

574,199

8,113

582,312

At 29 March 2024

245,983

3,038

249,021

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.3.25

29.3.24

£

Amounts owed by group undertakings

164,661

-

VAT

92,249

-

Deferred tax asset

4,293

-

Prepayments and accrued income

400,000

661,203

400,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.3.25

29.3.24

£

Bank loans and overdrafts

21,431

Hire purchase contracts

26,968

Trade creditors

132,782

157,808

Amounts owed to group undertakings

556,652

800,824

Tax

17,535

13,198

Social security and other taxes

96,449

52,078

Net Wages

4,500

8,037

VAT

-

3,353

Other creditors

5,926

224

Credit Card

4,814

5,450

Directors' current accounts

872,958

210,460

Accruals & deferred income

7,000

3,500

1,747,015

1,303,331

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

28.3.25

29.3.24

£

Bank loans - 2-5 years

55,416

70,279

Hire purchase contracts

168,738

195,705

224,154

265,984