MT JOINERY & BUILDING LTD

Company Registration Number:
10935457 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

MT JOINERY & BUILDING LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

MT JOINERY & BUILDING LTD

Company Information

for the Period Ended 31 August 2023




Director: Martin Thompson
Registered office: 14
Stubby Lane
Draycott-In-The-Clay
Ashbourne
Derbyshire
England
DE6 5HA
Company Registration Number: 10935457 (England and Wales)

MT JOINERY & BUILDING LTD

Balance sheet

As at 31 August 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 27,376 32,610
Total fixed assets: 27,376 32,610
Current assets
Debtors: 14,047 2,241
Cash at bank and in hand: 5,545 9,474
Total current assets: 19,592 11,715
Creditors: amounts falling due within one year: ( 9,181 ) ( 13,389 )
Net current assets (liabilities): 10,411 ( 1,674 )
Total assets less current liabilities: 37,787 30,936
Provision for liabilities: ( 5,201 ) ( 6,196 )
Total net assets (liabilities): 32,586 24,740

The notes form part of these financial statements

MT JOINERY & BUILDING LTD

Balance sheet continued

As at 31 August 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 32,486 24,640
Shareholders funds: 32,586 24,740

For the year ending 31 August 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 10 November 2023
And Signed On Behalf Of The Board By:

Name: Martin Thompson
Status: Director

The notes form part of these financial statements

MT JOINERY & BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents net invoiced sales during the year.

    Tangible fixed assets depreciation policy

    All fixed assets are initially recorded at cost. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery:- 25% per annum straight line. Motor vehicles:- 25% per annum straight line. Office equipment:- 25% per annum straight line.

    Other accounting policies

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

MT JOINERY & BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

MT JOINERY & BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 3. Off balance sheet disclosure

    No

MT JOINERY & BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Tangible Assets

Total
Cost £
At 01 September 2022 42,136
Additions 10,435
Disposals (5,814)
Revaluations -
Transfers -
At 31 August 2023 46,757
Depreciation
At 01 September 2022 9,526
Charge for year 10,306
On disposals (451)
Other adjustments -
At 31 August 2023 19,381
Net book value
At 31 August 2023 27,376
At 31 August 2022 32,610