1 April 2022 false No description of principal activity Taxfiler 2023.9 SC427189business:PrivateLimitedCompanyLtd2022-04-012023-03-31 SC4271892022-03-31 SC4271892022-04-012023-03-31 SC427189business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 SC427189business:FilletedAccounts2022-04-012023-03-31 SC4271892023-03-31 SC427189business:Director12022-04-012023-03-31 SC427189business:Director22022-04-012023-03-31 SC427189business:RegisteredOffice2022-04-012023-03-31 SC4271892022-03-31 SC427189core:WithinOneYear2023-03-31 SC427189core:WithinOneYear2022-03-31 SC427189core:AfterOneYear2023-03-31 SC427189core:AfterOneYear2022-03-31 SC427189core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 SC427189core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 SC427189core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 SC427189core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 SC427189core:PreviouslyStatedAmount2023-03-31 SC427189core:PreviouslyStatedAmount2022-03-31 SC427189business:SmallEntities2022-04-012023-03-31 SC427189countries:Scotland2022-04-012023-03-31 SC427189core:PlantMachinery2022-04-012023-03-31 SC427189core:MotorVehicles2022-04-012023-03-31 SC427189core:FurnitureFittings2022-04-012023-03-31 SC427189core:PlantMachinery2022-03-31 SC427189core:MotorVehicles2022-03-31 SC427189core:FurnitureFittings2022-03-31 SC427189core:PlantMachinery2023-03-31 SC427189core:MotorVehicles2023-03-31 SC427189core:FurnitureFittings2023-03-31 SC4271892021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. SC427189 (Scotland)
M&R Tiling Contractors Ltd Unaudited accounts for the year ended 31 March 2023
M&R Tiling Contractors Ltd Unaudited accounts Contents
Page
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M&R Tiling Contractors Ltd Company Information for the year ended 31 March 2023
Directors
Mark Ralston Danielle Ralston
Company Number
SC427189 (Scotland)
Registered Office
3 Rowanberry Court Lennoxtown G66 7BF
Accountants
Callan Accountancy 21 - 23 Woodside Place Glasgow G3 7QF
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M&R Tiling Contractors Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
169,644 
67,243 
Current assets
Debtors
116,475 
96,067 
Cash at bank and in hand
197,625 
97,372 
314,100 
193,439 
Creditors: amounts falling due within one year
(94,416)
(17,614)
Net current assets
219,684 
175,825 
Total assets less current liabilities
389,328 
243,068 
Creditors: amounts falling due after more than one year
(100,832)
(70,025)
Net assets
288,496 
173,043 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
288,396 
172,943 
Shareholders' funds
288,496 
173,043 
For the year ending 31 March 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 21 September 2023 and were signed on its behalf by
Danielle Ralston Director Company Registration No. SC427189
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M&R Tiling Contractors Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
M&R Tiling Contractors Ltd is a private company, limited by shares, registered in Scotland, registration number SC427189. The registered office is 3 Rowanberry Court, Lennoxtown, G66 7BF.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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% straight line
Motor vehicles
20% straight line
Fixtures & fittings
25% straight line
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
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M&R Tiling Contractors Ltd Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
30,630 
64,958 
2,295 
97,883 
Additions
5,999 
152,438 
10,098 
168,535 
Disposals
(16,400)
(38,775)
- 
(55,175)
At 31 March 2023
20,229 
178,621 
12,393 
211,243 
Depreciation
At 1 April 2022
7,627 
22,160 
853 
30,640 
Charge for the year
2,759 
24,370 
1,031 
28,160 
Surplus on revaluation
- 
(15,614)
- 
(15,614)
On disposals
(1,587)
- 
- 
(1,587)
At 31 March 2023
8,799 
30,916 
1,884 
41,599 
Net book value
At 31 March 2023
11,430 
147,705 
10,509 
169,644 
At 31 March 2022
23,003 
42,798 
1,442 
67,243 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
57,772 
42,942 
Accrued income and prepayments
836 
836 
Other debtors
57,867 
52,289 
116,475 
96,067 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
7,663 
6,180 
Obligations under finance leases and hire purchase contracts
9,052 
5,787 
Trade creditors
20,999 
20,167 
Taxes and social security
38,026 
19,730 
Other creditors
10,800 
9,321 
Loans from directors
7,876 
(43,571)
94,416 
17,614 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
18,494 
27,641 
Obligations under finance leases and hire purchase contracts
82,338 
42,384 
100,832 
70,025 
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M&R Tiling Contractors Ltd Notes to the Accounts for the year ended 31 March 2023
8
Loans to directors
During the year to 31 March 2022, the company has provided the directors with the interest free loan of £43,571 (2021, £44,120). The loan was repaid after year end.
9
Transactions with related parties
During the year to 31 March 2023, the directors have provided the company a interest free loan of £7,876 (2022, NIL). There is no fixed terms of repayment.
10
Average number of employees
During the year the average number of employees was 5 (2022: 6).
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