Company Registration No. 12362300 (England and Wales)
MARYON BROS CONSTRUCTION LIMITED
Unaudited accounts
for the year ended 31 December 2021
MARYON BROS CONSTRUCTION LIMITED
Unaudited accounts
Contents
MARYON BROS CONSTRUCTION LIMITED
Company Information
for the year ended 31 December 2021
Company Number
12362300 (England and Wales)
Registered Office
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OX12 8AT
UNITED KINGDOM
Accountants
J JENKIN & ASSOCIATES LIMITED
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
MARYON BROS CONSTRUCTION LIMITED
Accountants' report
Accountants' report to the director of MARYON BROS CONSTRUCTION LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 December 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
MARYON BROS CONSTRUCTION LIMITED for the year ended
31 December 2021 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of MARYON BROS CONSTRUCTION LIMITED, as a body, in accordance with the terms of our engagement letter dated 12 January 2020. Our work has been undertaken solely to prepare for your approval the accounts of MARYON BROS CONSTRUCTION LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MARYON BROS CONSTRUCTION LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that MARYON BROS CONSTRUCTION LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of MARYON BROS CONSTRUCTION LIMITED. You consider that MARYON BROS CONSTRUCTION LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of MARYON BROS CONSTRUCTION LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
J JENKIN & ASSOCIATES LIMITED
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
9 June 2022
MARYON BROS CONSTRUCTION LIMITED
Statement of financial position
as at 31 December 2021
Tangible assets
13,089
17,319
Cash at bank and in hand
2,919
6,728
Creditors: amounts falling due within one year
(24,014)
(30,013)
Net current assets/(liabilities)
6,913
(11,691)
Called up share capital
100
100
Profit and loss account
19,902
5,528
Shareholders' funds
20,002
5,628
For the year ending 31 December 2021 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 8 June 2022 and were signed on its behalf by
Mr Paul Maryon
Director
Company Registration No. 12362300
MARYON BROS CONSTRUCTION LIMITED
Notes to the Accounts
for the year ended 31 December 2021
MARYON BROS CONSTRUCTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12362300. The registered office is POST OFFICE VAULTS, 4 MARKET PLACE, WANTAGE, OX12 8AT, UNITED KINGDOM.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. 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
Motor vehicles
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
MARYON BROS CONSTRUCTION LIMITED
Notes to the Accounts
for the year ended 31 December 2021
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2021
1,216
18,500
19,716
At 31 December 2021
1,316
18,500
19,816
At 1 January 2021
84
2,313
2,397
Charge for the year
283
4,047
4,330
At 31 December 2021
367
6,360
6,727
At 31 December 2021
949
12,140
13,089
At 31 December 2020
1,132
16,187
17,319
5
Debtors: amounts falling due within one year
2021
2020
Amounts due from group undertakings etc.
-
740
Deferred tax asset
2,468
-
Other debtors
16,503
7,585
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
21,461
8,360
Loans from directors
1,658
4,450
7
Average number of employees
During the year the average number of employees was 2 (2020: 2).