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REGISTERED NUMBER: 06163248 (England and Wales)













Financial Statements

for the Year Ended 31 March 2023

for

M S Cad Solutions Limited

M S Cad Solutions Limited (Registered number: 06163248)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

M S Cad Solutions Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: M Sinnett
Ms I S Elliker





SECRETARY:





REGISTERED OFFICE: 1a Cliff Lane
Brierley
Barnsley
S72 9HR





REGISTERED NUMBER: 06163248 (England and Wales)





ACCOUNTANTS: Angus Nordon & Co
194 Pontefract Road
Cudworth
Barnsley
South Yorkshire
S72 8AF

M S Cad Solutions Limited (Registered number: 06163248)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 696

CURRENT ASSETS
Debtors 5 6,750 14,425
Cash at bank 53,937 83,059
60,687 97,484
CREDITORS
Amounts falling due within one year 6 69,818 117,692
NET CURRENT LIABILITIES (9,131 ) (20,208 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,131

)

(19,512

)

PROVISIONS FOR LIABILITIES 7 - 132
NET LIABILITIES (9,131 ) (19,644 )

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 (9,133 ) (19,646 )
SHAREHOLDERS' FUNDS (9,131 ) (19,644 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2023 and were signed on its behalf by:




M Sinnett - Director


M S Cad Solutions Limited (Registered number: 06163248)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

M S Cad Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

M S Cad Solutions Limited (Registered number: 06163248)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 3,430
DEPRECIATION
At 1 April 2022 2,734
Charge for year 696
At 31 March 2023 3,430
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 696

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 6,750 14,425

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2 3
Tax 6,352 15,292
VAT 6,360 4,434
DCA - Mr M Sinnett 30,364 54,274
DCA - Ms I S Elliker 25,890 42,839
Accrued expenses 850 850
69,818 117,692

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax - 132

Deferred
tax
£   
Balance at 1 April 2022 132
Movement arising during year (132 )
Balance at 31 March 2023 -

M S Cad Solutions Limited (Registered number: 06163248)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

9. RESERVES
Retained
earnings
£   

At 1 April 2022 (19,646 )
Profit for the year 26,513
Dividends (16,000 )
At 31 March 2023 (9,133 )

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
M Sinnett
Balance outstanding at start of year (54,274 ) (20,509 )
Amounts advanced 35,625 17,576
Amounts repaid (11,715 ) (51,341 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (30,364 ) (54,274 )

Ms I S Elliker
Balance outstanding at start of year (42,839 ) (18,038 )
Amounts advanced 20,949 1,864
Amounts repaid (4,000 ) (26,665 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (25,890 ) (42,839 )

11. RELATED PARTY DISCLOSURES

During the year a salary of £9,060 (2022 £8,820) was paid to a director, together with dividends of £16,000 (2022 £66,665).

M S Cad Solutions Limited

Report of the Accountants to the Directors of
M S Cad Solutions Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2023 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Angus Nordon & Co
194 Pontefract Road
Cudworth
Barnsley
South Yorkshire
S72 8AF


2 October 2023