Mord Construction Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06242947 (England and Wales)

MORD CONSTRUCTION LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2021

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTOR:

J M Belton

SECRETARY:

J M Belton

REGISTERED OFFICE:

37 Princes Road

Cleethorpes

N E Lincolnshire

DN35 8AW

REGISTERED NUMBER:

06242947 (England and Wales)

ACCOUNTANTS:

Weaver Wroot

28 Dudley Street

Grimsby

N E Lincolnshire

DN31 2AB

FIXED ASSETS

Tangible assets

4

12,187

15,533

CURRENT ASSETS

Debtors

5

1,650

468

Cash at bank

32,763

37,067

34,413

37,535

CREDITORS

Amounts falling due within one year

6

9,230

5,920

NET CURRENT ASSETS

25,183

31,615

TOTAL ASSETS LESS CURRENT LIABILITIES

37,370

47,148

PROVISIONS FOR LIABILITIES

2,316

3,005

NET ASSETS

35,054

44,143

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

35,053

44,142

SHAREHOLDERS' FUNDS

35,054

44,143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2021 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 20th August 2021 and were signed by:

J M Belton - Director

1.	STATUTORY INFORMATION

Mord Construction 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

-

25% on cost

Motor vehicles

-

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st June 2020

4,248

16,968

-

21,216

Additions

-

-

1,106

1,106

At 31st May 2021

4,248

16,968

1,106

22,322

DEPRECIATION

At 1st June 2020

3,921

1,762

-

5,683

Charge for year

83

4,242

127

4,452

At 31st May 2021

4,004

6,004

127

10,135

NET BOOK VALUE

At 31st May 2021

244

10,964

979

12,187

At 31st May 2020

327

15,206

-

15,533

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.21

31.5.20

£

£

Trade debtors

1,533

381

VAT

117

87

1,650

468

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.21

31.5.20

£

£

Tax

7,940

4,469

Directors' current accounts

17

176

Accrued expenses

1,273

1,275

9,230

5,920

7.	ULTIMATE CONTROLLING PARTY

J Belton, director, controls the company as a result of directly owning 100% of the share capital.