Mottram Carpentry Limited


FINANCIAL STATEMENTS


for the year ended 30th April 2022



Mottram Carpentry Limited

CONTENTS

for the year ended 30th April 2022







The Accounts are comprised of the following:

Statement of Financial Position

Notes to the Accounts



Please note that the Accounts comprise of HTML and iXBRL source code and that this is a printed or visual representation of that source code some of which will not be displayed or printed.

Mottram Carpentry Limited

Company No. 12075965

STATEMENT OF FINANCIAL POSITION

as at 30th April 2022

20222021
Note£££
FIXED ASSETS
Property, plant and equipment42090326128
2090326128
CURRENT ASSETS
Debtors52989221097
Cash at bank and in hand12992001
3119123098
CURRENT LIABILITIES
Creditors: amounts falling due
within one year62708431134
NET CURRENT ASSETS/(LIABILITIES)4107(8036)
TOTAL ASSETS LESS CURRENT LIABILITIES2501018092
 
Creditors: amounts falling due
after more than one year72255016165
 
NET ASSETS24601927
 
CAPITAL AND RESERVES
Called up share capital11
Retained earnings24591926
SHAREHOLDERS FUNDS24601927

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies which are subject to the small companies' regime. The Income Statement has not been delivered to the Registrar of Companies.

For the year ended 30th April 2022 the Company is entitled to the exemption from the requirement to obtain an audit conferred by section 477 of the Companies Act 2006 and the members have not required the company to obtain an audit in accordance with section 476 of the Act.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the Board on 5 September 2022


T C Mottram

Director

Company Number 12075965 (England)

Mottram Carpentry Limited

NOTES TO THE ACCOUNTS

for the year ended 30th April 2022


1   Statutory information

Mottram Carpentry Limited is a private company limited by shares and registered under company number 12075965 in England. Its registered office address is 12, Hatherley Road, Sidcup, Kent, DA14 4DT.

These financial statements are presented in Sterling, which is the functional currency of the company.

2   Accounting policies

Basis of preparation of financial statements

The accounts have been prepared under the historical cost convention in accordance with the accounting policies set out below, and in accordance with Financial Reporting Standard 102 Section 1A and the Companies Act 2006.

Income Recognition

Revenue is measured at the fair value of the consideration received or receivable. Turnover is shown net of value added tax, returns, rebates and discounts. Revenue is recognised for the sale of goods when the vendor has transferred the significant risks and rewards of ownership, it is possible that the economic benefit will flow to the entity and the revenue and associated costs can be reliably measured.

Depreciation

Depreciation is provided on all property, plant and equipment, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant, machinery and vehicles20-25% reducing balance

Leasing

Assets, obtained under hire purchase contracts and finance leases, are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.

Leasing and hire purchase commitments

Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the Company, are capitalised in the Statement of Financial Position and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the Statement of Financial Position as a liability.

The interest element of the rental obligations is charged to the Income Statement over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

3   Employee information

The average number of employees during the accounting period was 1 (2021 - 1).

4   Property, plant and equipment
 
PlantFixtures
Motorandand
VehiclesMachineryFittingsTotal
££££
Cost
At 1st May 2021 and
At 30th April 202223142376590027807
 
Depreciation
At 1st May 2021 -13553241679
Charge for year46284821155225
At 30th April 2022462818374396904
 
Net Book Value
At 30th April 202218514192846120903
At 30th April 202123142241057626128
 
Net book value of assets included above held
 under finance leases and hire purchase contracts
 
At 30th April 202217357--17357
At 30th April 202123142--23142

5   Debtors20222021
££
 
Trade Debtors34986889
Other debtors2639414208
2989221097

6   Creditors: amounts falling due within one year20222021
££
 
Loans and Overdrafts300015000
Obligations under finance lease and hire purchase contracts40414041
Corporation tax76833236
Taxes and social security costs3749-
Other creditors86118857
2708431134

7   Creditors: amounts falling due after one year20222021
££
 
Loans and Overdrafts10250-
Obligations under finance lease and hire purchase contracts1230016165
2255016165

8   Loans20222021
££
Analysis of maturity of debt:
 
Within one year300015000
Between one and five years10250-
1325015000

9   Transactions with Directors

There were no transactions with Directors except as reflected in the Director's loan account for each Director. The closing balances of each account are as detailed below. Credit balances are shown without brackets. These balances are included in the figure for "Creditors and Accruals" in the accounts. Overdrawn balances are included in the figure for "Other Debtors".

20222021
££
 
T C Mottram-121
-121

2022-04-30false2021-05-012022-04-3012075965uk-bus:Director12021-05-012022-04-3012075965uk-gaap:ShareCapital2022-04-3012075965uk-gaap:ShareCapital2021-04-3012075965uk-gaap:RetainedEarningsAccumulatedLosses2022-04-3012075965uk-gaap:RetainedEarningsAccumulatedLosses2021-04-3012075965uk-gaap:VehiclesPlantMachinery2021-05-012022-04-3012075965uk-gaap:MotorVehicles2021-04-3012075965uk-gaap:PlantMachinery2021-04-3012075965uk-gaap:FurnitureFittingsToolsEquipment2021-04-3012075965uk-gaap:MotorVehicles2021-05-012022-04-3012075965uk-gaap:PlantMachinery2021-05-012022-04-3012075965uk-gaap:FurnitureFittingsToolsEquipment2021-05-012022-04-3012075965uk-gaap:MotorVehicles2022-04-3012075965uk-gaap:PlantMachinery2022-04-3012075965uk-gaap:FurnitureFittingsToolsEquipment2022-04-3012075965uk-gaap:WithinOneYear2022-04-3012075965uk-gaap:WithinOneYear2021-04-3012075965uk-gaap:AfterOneYear2022-04-3012075965uk-gaap:AfterOneYear2021-04-30120759652021-05-012022-04-30120759652020-05-012021-04-30120759652022-04-30120759652021-04-3012075965uk-bus:SmallEntities2021-05-012022-04-3012075965uk-bus:AuditExempt-NoAccountantsReport2021-05-012022-04-3012075965uk-bus:FullAccounts2021-05-012022-04-3012075965uk-bus:PrivateLimitedCompanyLtd2021-05-012022-04-3012075965countries:EnglandWales2021-05-012022-04-3012075965uk-bus:Director112021-04-30iso4217:GBPxbrli:purexbrli:shares