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REGISTERED NUMBER: 13226340 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Munster Construction Services Limited

Munster Construction Services Limited (Registered number: 13226340)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Munster Construction Services Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: J Buckley





REGISTERED OFFICE: C/O Blythe Phillips
8/9 Earls Way
Halesowen
Birmingham
B63 3HR





REGISTERED NUMBER: 13226340 (England and Wales)





ACCOUNTANTS: Blythe Phillips
8/9 Earls Way
Halesowen
West Midlands
B63 3HR

Munster Construction Services Limited (Registered number: 13226340)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,732 8,988

CURRENT ASSETS
Stocks 19,113 5,000
Debtors 5 22,638 9,347
Cash at bank 7,353 10,616
49,104 24,963
CREDITORS
Amounts falling due within one year 6 44,183 22,847
NET CURRENT ASSETS 4,921 2,116
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,653

11,104

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 13,553 11,004
13,653 11,104

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 15 November 2023 and were signed by:





J Buckley - Director


Munster Construction Services Limited (Registered number: 13226340)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Munster Construction Services 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.
Plant and machinery etc - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

Munster Construction Services Limited (Registered number: 13226340)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 11,984
Additions 3,406
At 28 February 2023 15,390
DEPRECIATION
At 1 March 2022 2,996
Charge for year 3,662
At 28 February 2023 6,658
NET BOOK VALUE
At 28 February 2023 8,732
At 28 February 2022 8,988

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 3,159 5,582
Other debtors 19,479 3,765
22,638 9,347

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 7,060 439
Taxation and social security 5,562 1,444
Other creditors 31,561 20,964
44,183 22,847