M & R Developments & Contractors Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06858336 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

M & R DEVELOPMENTS & CONTRACTORS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Cummings

A Hodgson

REGISTERED OFFICE:

Kensington House

3 Kensington

Bishop Auckland

Co. Durham

DL14 6HX

REGISTERED NUMBER:

06858336 (England and Wales)

ACCOUNTANTS:

Mitchells Grievson Limited

Kensington House

3 Kensington

Bishop Auckland

Co. Durham

DL14 6HX

FIXED ASSETS

Tangible assets

4

52,616

64,349

CURRENT ASSETS

Debtors

5

354,143

245,320

Cash at bank

156,023

67,589

510,166

312,909

CREDITORS

Amounts falling due within one year

6

239,827

117,432

NET CURRENT ASSETS

270,339

195,477

TOTAL ASSETS LESS CURRENT
LIABILITIES

322,955

259,826

CREDITORS

Amounts falling due after more than one
year

7

(14,389

)

(18,857

)

PROVISIONS FOR LIABILITIES

(4,657

)

(6,546

)

NET ASSETS

303,909

234,423

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

303,907

234,421

SHAREHOLDERS' FUNDS

303,909

234,423

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 July 2026 and were signed on its behalf by:

M Cummings - Director

A Hodgson - Director

1.	STATUTORY INFORMATION

M & R Developments & Contractors Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

Taxation

Taxation for the year 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 year 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 April 2025

123,853

1,988

10,350

136,191

Additions

11,250

-

2,416

13,666

At 31 March 2026

135,103

1,988

12,766

149,857

DEPRECIATION

At 1 April 2025

64,960

992

5,890

71,842

Charge for year

22,920

285

2,194

25,399

At 31 March 2026

87,880

1,277

8,084

97,241

NET BOOK VALUE

At 31 March 2026

47,223

711

4,682

52,616

At 31 March 2025

58,893

996

4,460

64,349

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and

machinery

£

COST

At 1 April 2025

and 31 March 2026

10,500

DEPRECIATION

At 1 April 2025

and 31 March 2026

10,500

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

89,023

29,294

Other debtors

265,120

216,026

354,143

245,320

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

4,450

Trade creditors

54,948

41,667

Taxation and social security

107,693

68,630

Other creditors

72,736

2,685

239,827

117,432

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans

14,389

18,857

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

1,057

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

A Hodgson

Balance outstanding at start of year

76,310

48,467

Amounts advanced

70,540

81,466

Amounts repaid

(49,638

)

(53,623

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

97,212

76,310

M Cummings

Balance outstanding at start of year

76,310

48,467

Amounts advanced

70,540

81,466

Amounts repaid

(49,638

)

(53,623

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

97,212

76,310

Directors loan accounts are repayable upon demand and interest has been charged at the appropriate rate throughout the year.