IRIS Accounts Production v23.2.0.158 04698248 Board of Directors Board of Directors 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046982482022-03-31046982482023-03-31046982482022-04-012023-03-31046982482021-03-31046982482021-04-012022-03-31046982482022-03-3104698248ns10:Originalns15:EnglandWales2022-04-012023-03-3104698248ns14:PoundSterlingns10:Original2022-04-012023-03-3104698248ns10:Originalns10:Director12022-04-012023-03-3104698248ns10:Original2022-04-012023-03-3104698248ns10:Originalns10:Director22022-04-012023-03-3104698248ns10:Original2023-03-3104698248ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3104698248ns10:Originalns10:SmallEntities2022-04-012023-03-3104698248ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3104698248ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3104698248ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3104698248ns10:Originalns10:FullAccounts2022-04-012023-03-3104698248ns10:Original12022-04-012023-03-3104698248ns10:Originalns10:RegisteredOffice2022-04-012023-03-3104698248ns10:Original2022-03-3104698248ns10:Originalns5:CurrentFinancialInstruments2023-03-3104698248ns10:Originalns5:CurrentFinancialInstruments2022-03-3104698248ns10:Originalns5:Non-currentFinancialInstruments2023-03-3104698248ns10:Originalns5:Non-currentFinancialInstruments2022-03-3104698248ns5:ShareCapitalns10:Original2023-03-3104698248ns5:ShareCapitalns10:Original2022-03-3104698248ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3104698248ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3104698248ns10:Originalns5:NetGoodwill2022-04-012023-03-3104698248ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-012023-03-3104698248ns10:Originalns5:PlantMachinery2022-04-012023-03-3104698248ns10:Originalns5:FurnitureFittings2022-04-012023-03-3104698248ns10:Originalns5:MotorVehicles2022-04-012023-03-3104698248ns10:Originalns5:ComputerEquipment2022-04-012023-03-3104698248ns10:Original2021-04-012022-03-3104698248ns10:Originalns5:NetGoodwill2022-03-3104698248ns10:Originalns5:NetGoodwill2023-03-3104698248ns10:Originalns5:NetGoodwill2022-03-3104698248ns10:Originalns5:PlantMachinery2022-03-3104698248ns10:Originalns5:FurnitureFittings2022-03-3104698248ns10:Originalns5:MotorVehicles2022-03-3104698248ns10:Originalns5:ComputerEquipment2022-03-3104698248ns10:Original2022-03-3104698248ns10:Originalns5:PlantMachinery2023-03-3104698248ns10:Originalns5:FurnitureFittings2023-03-3104698248ns10:Originalns5:MotorVehicles2023-03-3104698248ns10:Originalns5:ComputerEquipment2023-03-3104698248ns10:Originalns5:PlantMachinery2022-03-3104698248ns10:Originalns5:FurnitureFittings2022-03-3104698248ns10:Originalns5:MotorVehicles2022-03-3104698248ns10:Originalns5:ComputerEquipment2022-03-3104698248ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-03-3104698248ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-03-3104698248ns10:Originalns5:LeasedAssetsHeldAsLessee2022-03-3104698248ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-04-012023-03-3104698248ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-04-012023-03-3104698248ns10:Originalns5:LeasedAssetsHeldAsLessee2022-04-012023-03-3104698248ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-03-3104698248ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-03-3104698248ns10:Originalns5:LeasedAssetsHeldAsLessee2023-03-3104698248ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-03-3104698248ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-03-3104698248ns10:Originalns5:LeasedAssetsHeldAsLessee2022-03-3104698248ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3104698248ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 04698248 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

MR (Bristol) Limited

MR (Bristol) Limited (Registered number: 04698248)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MR (Bristol) Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mr C Newport
Mrs M Newport





REGISTERED OFFICE: 2 Northside
Wells Road
Chilcompton
Radstock
BA3 4ET





REGISTERED NUMBER: 04698248 (England and Wales)





ACCOUNTANTS: Accounting Solutions
2 Northside
Wells Road
Chilcompton
Radstock
BA3 4ET

MR (Bristol) Limited (Registered number: 04698248)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 300 600
Tangible assets 5 213,441 167,822
213,741 168,422

CURRENT ASSETS
Debtors 6 380,002 342,049
Cash at bank and in hand 552 5,368
380,554 347,417
CREDITORS
Amounts falling due within one year 7 256,381 208,801
NET CURRENT ASSETS 124,173 138,616
TOTAL ASSETS LESS CURRENT
LIABILITIES

337,914

307,038

CREDITORS
Amounts falling due after more than one
year

8

106,853

114,827
NET ASSETS 231,061 192,211

CAPITAL AND RESERVES
Called up share capital 220 220
Retained earnings 230,841 191,991
SHAREHOLDERS' FUNDS 231,061 192,211

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.

MR (Bristol) Limited (Registered number: 04698248)

Balance Sheet - continued
31 March 2023


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 10 November 2023 and were signed on its behalf by:




Mrs M Newport - Director



Mr C Newport - Director


MR (Bristol) Limited (Registered number: 04698248)

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

1. STATUTORY INFORMATION

MR (Bristol) 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

MR (Bristol) Limited (Registered number: 04698248)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 18 (2022 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 58,000
AMORTISATION
At 1 April 2022 57,400
Amortisation for year 300
At 31 March 2023 57,700
NET BOOK VALUE
At 31 March 2023 300
At 31 March 2022 600

MR (Bristol) Limited (Registered number: 04698248)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 347,860 5,050 219,978 11,815 584,703
Additions 24,050 215 83,070 13,331 120,666
Disposals - - (8,600 ) - (8,600 )
At 31 March 2023 371,910 5,265 294,448 25,146 696,769
DEPRECIATION
At 1 April 2022 281,436 3,235 122,951 9,259 416,881
Charge for year 22,619 508 44,641 5,748 73,516
Eliminated on disposal - - (7,069 ) - (7,069 )
At 31 March 2023 304,055 3,743 160,523 15,007 483,328
NET BOOK VALUE
At 31 March 2023 67,855 1,522 133,925 10,139 213,441
At 31 March 2022 66,424 1,815 97,027 2,556 167,822

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2022 25,485 129,091 154,576
Additions - 82,662 82,662
At 31 March 2023 25,485 211,753 237,238
DEPRECIATION
At 1 April 2022 6,371 52,051 58,422
Charge for year 4,779 39,926 44,705
At 31 March 2023 11,150 91,977 103,127
NET BOOK VALUE
At 31 March 2023 14,335 119,776 134,111
At 31 March 2022 19,114 77,040 96,154

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 242,327 223,295
Other debtors 137,675 118,754
380,002 342,049

MR (Bristol) Limited (Registered number: 04698248)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 31,376 26,139
Hire purchase contracts 54,453 35,956
Trade creditors 72,291 49,045
Taxation and social security 94,425 94,102
Other creditors 3,836 3,559
256,381 208,801

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 22,994 47,294
Hire purchase contracts 83,859 67,533
106,853 114,827