MN 35006 Operations Ltd 08737071 false 2021-01-01 2021-12-31 2021-12-31 The principal activity of the company is hiring out of SR Bullied Merchant Navy pacific class locomotive 35006 "Peninsular & Oriental S.N. Co" to heritage railways Digita Accounts Production Advanced 6.30.9574.0 true 08737071 2021-01-01 2021-12-31 08737071 2021-12-31 08737071 bus:OrdinaryShareClass1 2021-12-31 08737071 bus:Revised 2021-12-31 08737071 core:CurrentFinancialInstruments 2021-12-31 08737071 core:CurrentFinancialInstruments core:WithinOneYear 2021-12-31 08737071 bus:SmallEntities 2021-01-01 2021-12-31 08737071 bus:AuditExemptWithAccountantsReport 2021-01-01 2021-12-31 08737071 bus:AbridgedAccounts 2021-01-01 2021-12-31 08737071 bus:SmallCompaniesRegimeForAccounts 2021-01-01 2021-12-31 08737071 bus:RegisteredOffice 2021-01-01 2021-12-31 08737071 bus:Director1 2021-01-01 2021-12-31 08737071 bus:Director2 2021-01-01 2021-12-31 08737071 bus:Director3 2021-01-01 2021-12-31 08737071 bus:Director4 2021-01-01 2021-12-31 08737071 bus:Director5 2021-01-01 2021-12-31 08737071 bus:OrdinaryShareClass1 2021-01-01 2021-12-31 08737071 bus:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 08737071 countries:EnglandWales 2021-01-01 2021-12-31 08737071 2020-01-01 2020-12-31 08737071 2020-12-31 08737071 bus:OrdinaryShareClass1 2020-12-31 08737071 core:CurrentFinancialInstruments 2020-12-31 08737071 core:CurrentFinancialInstruments core:WithinOneYear 2020-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08737071

MN 35006 Operations Ltd

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 31 December 2021

 

MN 35006 Operations Ltd

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 4

 

MN 35006 Operations Ltd

Company Information

Directors

Mr N S Hills

Mr D Tomlin

J R Ashmore

Mr C A Ardy

M J W Hastie

Registered office

4 Glamorgan Road
Cheltenham
Gloucestershire
GL51 3JF

Accountants

Holberton and Co Ltd
Nortonbury House
37 High Street
Tewkesbury
Gloucestershire
GL20 5BB

 

MN 35006 Operations Ltd

(Registration number: 08737071)
Abridged Balance Sheet as at 31 December 2021

Note

2021
£

2020
£

Current assets

 

Debtors

4

3,792

-

Cash at bank and in hand

 

2,024

382

 

5,816

382

Creditors: Amounts falling due within one year

(11,182)

(5,446)

Net liabilities

 

(5,366)

(5,064)

Capital and reserves

 

Called up share capital

5

1,000

1,000

Retained earnings

(6,366)

(6,064)

Shareholders' deficit

 

(5,366)

(5,064)

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 9 July 2022 and signed on its behalf by:
 

.........................................
Mr D Tomlin
Director

 

MN 35006 Operations Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2021

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
4 Glamorgan Road
Cheltenham
Gloucestershire
GL51 3JF

These financial statements were authorised for issue by the Board on 9 July 2022.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

MN 35006 Operations Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2021

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2020 - 0).

4

Debtors

Debtors includes £Nil (2020 - £Nil) due after more than one year.

5

Share capital

Allotted, called up and fully paid shares

 

2021

2020

 

No.

£

No.

£

Ordinary of £1 each

1,000

1,000

1,000

1,000