Registered Number
:
03539672
|
For the year ended 02 April 2022
England and Wales
Unaudited Financial Statements
For the year ended 02 April 2022
MRO Projects Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
MRO Projects Ltd
Statement of Financial Position
2021
2022
Property
,
plant and equipment
|
-
149
2
-
149
Trade and other receivables
|
55,389
47,148
3
3,007
Cash and cash equivalents
|
-
47,148
58,396
Trade and other payables
:
amounts falling due within one
|
year
|
(38,514)
(62,694)
4
19,882
(15,546)
Net current liabilities
Total assets less current liabilities
|
(15,546)
20,031
Trade and other payables
:
amounts falling due after more
|
than one year
|
(20,000)
(13,703)
5
-
(28)
Provisions for liabilities
|
(29,249)
Net assets/liabilities
3
2
2
(29,251)
1
(29,249)
3
Shareholders' funds
For the year ended 02 April 2022 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 02 April 2022 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 24 May 2022 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 02 April 2022
MRO Projects Ltd
Notes to the Financial Statements
Statutory Information
MRO Projects Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
03539672
.
|
2 Dean Way
Holmer Green
High Wycombe
Buckinghamshire
HP15 6TR
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
''
The Financial Reporting Standard applicable in the UK and Republic of Ireland
''
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
|
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
2
.
Property
,
plant and equipment
|
4,748
4,748
Provision for depreciation and impairment
|
4,599
Charge for year
149
4,748
-
149
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For the year ended 02 April 2022
MRO Projects Ltd
Notes to the Financial Statements Continued
3
.
Trade and other receivables
|
2021
2022
2,642
2,698
44,506
52,691
55,389
47,148
4
.
Trade and other payables
:
amounts falling due within one year
|
2021
2022
12,128
-
661
601
Taxation and social security
|
49,738
37,746
Accruals and deferred income
|
167
167
62,694
38,514
5
.
Trade and other payables
:
amounts falling due after more than one year
|
2021
2022
13,703
20,000
-
-
13,703
20,000
6
.
Directors advances and guarantees
|
Loaned
Repaid
Mr M Osborne
Director's Loan Account
21,891
26,346
43,857
48,312
21,891
26,346
43,857
48,312
Mrs L Osborne
Director's Loan Account
21,891
26,345
43,858
48,312
21,891
26,345
43,858
48,312
7
.
Average number of persons employed
|
During the year the average number of employees was 3 (2021 : 2)
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