REGISTERED NUMBER: SC632419 (Scotland)

Unaudited Financial Statements for the Year Ended 30 June 2026

for

North East Construction Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B N Smith

REGISTERED OFFICE:

6 Market Square

Oldmeldrum

Inverurie

Aberdeenshire

AB51 0AA

REGISTERED NUMBER:

SC632419 (Scotland)

ACCOUNTANTS:

J M Taylor Accountants

6 Market Square

Oldmeldrum

Aberdeenshire

AB51 0AA

FIXED ASSETS

Tangible assets

4

111,753

115,146

CURRENT ASSETS

Stocks

351,176

260,570

Debtors

5

313,950

436,805

Cash at bank

785,355

607,957

1,450,481

1,305,332

CREDITORS

Amounts falling due within one year

6

143,842

301,251

NET CURRENT ASSETS

1,306,639

1,004,081

TOTAL ASSETS LESS CURRENT LIABILITIES

1,418,392

1,119,227

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,417,392

1,118,227

SHAREHOLDERS' FUNDS

1,418,392

1,119,227

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 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 30 October 2026 and were signed by:

B N Smith - Director

1.	STATUTORY INFORMATION

North East Construction Limited is a private company, limited by shares , registered in Scotland. 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.

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

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.

Hire purchase and leasing commitments

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 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2025

186,330

Additions

29,113

At 30 June 2026

215,443

DEPRECIATION

At 1 July 2025

71,184

Charge for year

32,506

At 30 June 2026

103,690

NET BOOK VALUE

At 30 June 2026

111,753

At 30 June 2025

115,146

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Trade debtors

268,320

189,236

Other debtors

45,630

247,569

313,950

436,805

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Trade creditors

838

8,725

Taxation and social security

128,348

192,891

Other creditors

14,656

99,635

143,842

301,251