Company Registration No. 06647346 (England and Wales)
Mansfield Developments (South West) Limited
Unaudited accounts
for the year ended 31 July 2022
Mansfield Developments (South West) Limited
Unaudited accounts
Contents
Mansfield Developments (South West) Limited
Company Information
for the year ended 31 July 2022
Company Number
06647346 (England and Wales)
Registered Office
8 Tankard Close
Newport Pagnell
Buckinghamshire
MK16 8AG
Mansfield Developments (South West) Limited
Statement of financial position
as at 31 July 2022
Tangible assets
18,634
24,414
Cash at bank and in hand
94,882
61,352
Creditors: amounts falling due within one year
(108,131)
(115,543)
Net current assets/(liabilities)
8,837
(25,982)
Total assets less current liabilities
27,471
(1,568)
Creditors: amounts falling due after more than one year
(5,481)
-
Net assets/(liabilities)
21,990
(1,568)
Called up share capital
3
3
Profit and loss account
21,987
(1,571)
Shareholders' funds
21,990
(1,568)
For the year ending 31 July 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 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.
The financial statements were approved by the Board and authorised for issue on 15 August 2022 and were signed on its behalf by
Mr M W Flynn
Director
Company Registration No. 06647346
Mansfield Developments (South West) Limited
Notes to the Accounts
for the year ended 31 July 2022
Mansfield Developments (South West) Limited is a private company, limited by shares, registered in England and Wales, registration number 06647346. The registered office is 8 Tankard Close, Newport Pagnell, Buckinghamshire, MK16 8AG.
2
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:
Land & buildings
No depreciation
Plant & machinery
25% straight line
Motor vehicles
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2021
10,180
455
49,621
722
60,978
At 31 July 2022
10,180
455
49,621
722
60,978
At 1 August 2021
-
455
35,387
722
36,564
Charge for the year
-
-
5,780
-
5,780
At 31 July 2022
-
455
41,167
722
42,344
At 31 July 2022
10,180
-
8,454
-
18,634
At 31 July 2021
10,180
-
14,234
-
24,414
Mansfield Developments (South West) Limited
Notes to the Accounts
for the year ended 31 July 2022
5
Debtors: amounts falling due within one year
2022
2021
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
3,763
-
Other creditors
3,041
9,532
Loans from directors
95,453
101,141
7
Creditors: amounts falling due after more than one year
2022
2021
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).