Company Registration No. 4609859 (England and Wales)
MB Masonry Limited
Unaudited accounts
for the year ended 31 December 2017
MB Masonry Limited
Unaudited accounts
Contents
MB Masonry Limited
Company Information
for the year ended 31 December 2017
Company Number
4609859 (England and Wales)
Registered Office
6 Cloverdale Drive
Ashton In Makerfield
Wigan
WN4 9DP
Accountants
Henshaws Accountants
Office 7
37-39 Shakespeare Street
Southport
PR8 5AB
MB Masonry Limited
Statement of financial position
as at
31 December 2017
Intangible assets
12,600
12,600
Tangible assets
15,378
20,504
Cash at bank and in hand
1,534
75
Creditors: amounts falling due within one year
(29,427)
(28,750)
Net current liabilities
(25,575)
(25,275)
Called up share capital
100
100
Profit and loss account
2,303
7,729
Shareholders' funds
2,403
7,829
For the year ending 31 December 2017 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 26 September 2018.
M Burgess
Director
Company Registration No. 4609859
MB Masonry Limited
Notes to the Accounts
for the year ended 31 December 2017
MB Masonry Limited is a private company, limited by shares, registered in England and Wales, registration number 4609859. The registered office is 6 Cloverdale Drive, Ashton In Makerfield, Wigan, WN4 9DP.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
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Intangible fixed assets
Goodwill
At 31 December 2017
15,000
At 31 December 2017
2,400
At 31 December 2017
12,600
At 31 December 2016
12,600
MB Masonry Limited
Notes to the Accounts
for the year ended 31 December 2017
5
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 1 January 2017
110,732
At 31 December 2017
110,732
Charge for the year
5,126
At 31 December 2017
95,354
At 31 December 2017
15,378
At 31 December 2016
20,504
Trade debtors
1,818
2,900
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Creditors: amounts falling due within one year
2017
2016
Obligations under finance leases and hire purchase contracts
6,695
10,739
Trade creditors
2,419
2,738
Taxes and social security
20,313
12,845
9
Share capital
2017
2016
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 0 (2016: 0).