REGISTERED NUMBER: 05655787 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

A.P. Mitchell Building Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A C Mitchell

P G Mitchell

REGISTERED OFFICE:

19 High Street

Neston

Cheshire

CH64 9TZ

REGISTERED NUMBER:

05655787 (England and Wales)

ACCOUNTANTS:

DJH Wirral & Chester Limited

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Tangible assets

4

228,666

225,861

CURRENT ASSETS

Stocks and work in progress

247,507

381,469

Debtors

5

1,644,238

1,527,363

Cash at bank

619,663

481,675

2,511,408

2,390,507

CREDITORS

Amounts falling due within one year

6

(1,197,047

)

(984,694

)

NET CURRENT ASSETS

1,314,361

1,405,813

TOTAL ASSETS LESS CURRENT LIABILITIES

1,543,027

1,631,674

CREDITORS

Amounts falling due after more than one year

7

(91,935

)

(143,101

)

PROVISIONS FOR LIABILITIES

(28,732

)

(28,719

)

NET ASSETS

1,422,360

1,459,854

CAPITAL AND RESERVES

Called up share capital

9

102

100

Retained earnings

1,422,258

1,459,754

SHAREHOLDERS' FUNDS

1,422,360

1,459,854

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

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 November 2025 and were signed on its behalf by:

A C Mitchell - Director

P G Mitchell - Director

1.	STATUTORY INFORMATION

A.P. Mitchell Building 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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks and work in progress

Stocks and work in progress 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 and work in progress to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 48 (2024 - 48 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 March 2024

25,861

218,430

9,139

Additions

-

44,786

-

Disposals

-

(15,998

)

-

At 28 February 2025

25,861

247,218

9,139

DEPRECIATION

At 1 March 2024

25,861

55,231

6,742

Charge for year

-

29,464

248

Eliminated on disposal

-

(4,439

)

-

At 28 February 2025

25,861

80,256

6,990

NET BOOK VALUE

At 28 February 2025

-

166,962

2,149

At 29 February 2024

-

163,199

2,397

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 March 2024

128,895

20,221

402,546

Additions

60,605

-

105,391

Disposals

(74,175

)

-

(90,173

)

At 28 February 2025

115,325

20,221

417,764

DEPRECIATION

At 1 March 2024

72,009

16,842

176,685

Charge for year

18,491

1,101

49,304

Eliminated on disposal

(32,452

)

-

(36,891

)

At 28 February 2025

58,048

17,943

189,098

NET BOOK VALUE

At 28 February 2025

57,277

2,278

228,666

At 29 February 2024

56,886

3,379

225,861

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

Motor

vehicles

£

COST

At 1 March 2024

30,230

Additions

35,881

At 28 February 2025

66,111

DEPRECIATION

At 1 March 2024

20,665

Charge for year

11,361

At 28 February 2025

32,026

NET BOOK VALUE

At 28 February 2025

34,085

At 29 February 2024

9,565

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

1,007,002

907,124

Amounts owed by associates

612,553

494,556

Other debtors

24,683

125,683

1,644,238

1,527,363

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans and overdrafts

23,927

23,972

Hire purchase contracts

13,434

-

Trade creditors

922,467

784,754

Taxation and social security

181,753

85,341

Other creditors

55,466

90,627

1,197,047

984,694

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans

3,950

14,111

Hire purchase contracts

2,191

-

Other creditors

85,794

128,990

91,935

143,101

8.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.25

29.2.24

£

£

Hire purchase contracts

15,625

-

Hire purchase creditors are secured over the assets to which they relate.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

£

NIL

Ordinary

£1

-

100

50

A Ordinary

£1

50

-

50

B Ordinary

£1

50

-

1

C Ordinary

£1

1

-

1

D Ordinary

£1

1

-

102

100

The following shares were issued during the year for cash at par :

1 C Ordinary share of £1

1 D Ordinary share of £1

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £441,000 (2024 - £300,000) were paid to the directors .