Newton Contracting Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03884013 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Newton Contracting Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Newton

Mrs S Newton

SECRETARY:

P Newton

REGISTERED OFFICE:

Faraday House

Wolfreton Drive

Anlaby

Hull

East Yorkshire

HU10 7BY

REGISTERED NUMBER:

03884013 (England and Wales)

ACCOUNTANTS:

Marshall & Co

Chartered Accountants

& Chartered Tax Advisers

The Bloc

Springfield Way

Anlaby

Kingston upon Hull

East Yorkshire

HU10 6RJ

FIXED ASSETS

Tangible assets

4

31,665

38,659

CURRENT ASSETS

Stocks

1,077,347

1,402,464

Debtors

5

1,724,044

975,047

Cash at bank

2

2,801,393

2,377,513

CREDITORS

Amounts falling due within one year

6

959,201

608,639

NET CURRENT ASSETS

1,842,192

1,768,874

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,873,857

1,807,533

CREDITORS

Amounts falling due after more than one year

7

(61,783

)

(129,183

)

PROVISIONS FOR LIABILITIES

(7,916

)

(9,664

)

NET ASSETS

1,804,158

1,668,686

CAPITAL AND RESERVES

Called up share capital

125

Retained earnings

1,804,033

1,668,561

SHAREHOLDERS' FUNDS

1,804,158

1,668,686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 24 November 2025 and were signed on its behalf by:

P Newton - Director

1.	STATUTORY INFORMATION

Newton Contracting Services 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.

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 15% on reducing balance

Stocks

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.

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

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 14 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2024

13,437

2,248

214,138

22,600

252,423

Additions

731

2,230

-

2,961

At 31 March 2025

14,168

4,478

214,138

22,600

255,384

DEPRECIATION

At 1 April 2024

10,851

1,716

178,815

22,382

213,764

Charge for year

498

414

8,831

212

9,955

At 31 March 2025

11,349

2,130

187,646

22,594

223,719

NET BOOK VALUE

At 31 March 2025

2,819

2,348

26,492

6

31,665

At 31 March 2024

2,586

532

35,323

218

38,659

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

317,024

221,828

Other debtors

1,407,020

753,219

1,724,044

975,047

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

144,738

170,936

Trade creditors

241,675

214,094

Taxation and social security

102,657

95,458

Other creditors

470,131

128,151

959,201

608,639

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

61,783

129,183

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank overdrafts

77,338

103,536

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

P Newton and Mrs S Newton

Balance outstanding at start of year

-

211,710

Amounts advanced

-

63,181

Amounts repaid

-

(274,891

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

10.	RELATED PARTY DISCLOSURES

At the year end the company owed £335,232 (2024 : £(716,750)) to a company which is under common control. This is a non interest bearing loan with no formal terms of repayment.