REGISTERED NUMBER: 06010464 (England and Wales)

N. MITCHELL CONSTRUCTION LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 NOVEMBER 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Mitchell

REGISTERED OFFICE:

26 Ida Road

Skegness

Lincolnshire

PE25 2AR

REGISTERED NUMBER:

06010464 (England and Wales)

ACCOUNTANTS:

Dexter & Sharpe (Skegness)

Chartered Certified Accountants

26 Ida Road

Skegness

Lincolnshire

PE25 2AR

FIXED ASSETS

Tangible assets

3

213,679

215,823

CURRENT ASSETS

Debtors

68

-

Cash at bank

355

5,594

423

5,594

CREDITORS

Amounts falling due within one year

76,508

77,925

NET CURRENT LIABILITIES

(76,085

)

(72,331

)

TOTAL ASSETS LESS CURRENT LIABILITIES

137,594

143,492

CREDITORS

Amounts falling due after more than one year

174,643

173,677

NET LIABILITIES

(37,049

)

(30,185

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(37,051

)

(30,187

)

SHAREHOLDERS' FUNDS

(37,049

)

(30,185

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 29 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 7 August 2026 and were signed by:

N Mitchell - Director

1.	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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

2.	EMPLOYEES AND DIRECTORS

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

3.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 30 November 2024

267,331

Disposals

(32,588

)

At 29 November 2025

234,743

DEPRECIATION

At 30 November 2024

51,508

Charge for year

215

Eliminated on disposal

(30,659

)

At 29 November 2025

21,064

NET BOOK VALUE

At 29 November 2025

213,679

At 29 November 2024

215,823

4.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

174,643

173,677

5.	GOING CONCERN

These accounts are prepared on a going concern basis even though the balance sheet is in a negative position. There is a large directors current account which creates this negative position the director has confirmed that he has no intention of withdrawing these monies from the company in the foreseeable future.