Mammoth Construction Limited - Accounts to registrar (filleted) - small 18.2
Mammoth Construction Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 November 2021 |
for |
Mammoth Construction Limited |
Mammoth Construction Limited (Registered number: 07791460) |
Contents of the Financial Statements |
for the Year Ended 30 November 2021 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Statement of Changes in Equity | 4 |
Notes to the Financial Statements | 5 |
Mammoth Construction Limited |
Company Information |
for the Year Ended 30 November 2021 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Suite 207, Devonshire House |
Manor Way |
Borehamwood |
Hertfordshire |
WD6 1QQ |
Mammoth Construction Limited (Registered number: 07791460) |
Abridged Balance Sheet |
30 November 2021 |
30.11.21 | 30.11.20 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
Mammoth Construction Limited (Registered number: 07791460) |
Abridged Balance Sheet - continued |
30 November 2021 |
30.11.21 | 30.11.20 |
Notes | £ | £ | £ | £ |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
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 |
Mammoth Construction Limited (Registered number: 07791460) |
Statement of Changes in Equity |
for the Year Ended 30 November 2021 |
Called up |
share | Retained | Total |
capital | earnings | equity |
£ | £ | £ |
Balance at 1 December 2019 |
Changes in equity |
Total comprehensive income | - |
Balance at 30 November 2020 |
Changes in equity |
Dividends | - | ( |
) | ( |
) |
Total comprehensive income | - |
Balance at 30 November 2021 |
Mammoth Construction Limited (Registered number: 07791460) |
Notes to the Financial Statements |
for the Year Ended 30 November 2021 |
1. | Statutory information |
Mammoth Construction Limited is a |
2. | Accounting policies |
Basis of preparing the financial statements |
The knock on effect of the Covid-19 pandemic has caused problems with the procurement of building materials. which has restricted some of the building work being carried out by the company. Whilst some uncertainties remain, the director believes that the company remains a going concern and that there will not be a long term impact on the company. |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
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 |
Land and buildings | - |
Plant and machinery etc | - |
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. |
Mammoth Construction Limited (Registered number: 07791460) |
Notes to the Financial Statements - continued |
for the Year Ended 30 November 2021 |
2. | Accounting policies - continued |
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 |
Mammoth Construction Limited (Registered number: 07791460) |
Notes to the Financial Statements - continued |
for the Year Ended 30 November 2021 |
4. | Tangible fixed assets |
Totals |
£ |
COST |
At 1 December 2020 |
Additions |
At 30 November 2021 |
DEPRECIATION |
At 1 December 2020 |
Charge for year |
At 30 November 2021 |
NET BOOK VALUE |
At 30 November 2021 |
At 30 November 2020 |
5. | Secured debts |
The following secured debts are included within creditors: |
30.11.21 | 30.11.20 |
£ | £ |
Finance leases | 54,053 | 59,180 |
6. | Related party disclosures |
At the balance sheet date, the company owed the Director, B S Chima, £NIL (2020: £NIL). |
7. | Ultimate controlling party |
The controlling party is Mammoth Capital Limited. |
The ultimate controlling party is |