Company Registration No. 09432369 (England and Wales)
MA BUILDING SOLUTIONS LTD
Unaudited accounts
for the year ended 28 February 2023
MA BUILDING SOLUTIONS LTD
Unaudited accounts
Contents
MA BUILDING SOLUTIONS LTD
Statement of financial position
as at 28 February 2023
Tangible assets
8,594
10,743
Cash at bank and in hand
16,205
20,446
Creditors: amounts falling due within one year
(6,694)
(8,529)
Net current assets
9,511
11,970
Total assets less current liabilities
18,105
22,713
Creditors: amounts falling due after more than one year
(17,532)
(17,398)
Called up share capital
10
10
Profit and loss account
563
5,305
Shareholders' funds
573
5,315
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 20 November 2023 and were signed on its behalf by
Muhammad Sohail
Director
Company Registration No. 09432369
MA BUILDING SOLUTIONS LTD
Notes to the Accounts
for the year ended 28 February 2023
MA BUILDING SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 09432369. The registered office is PO Box 4385, 09432369: COMPANIES HOUSE , DEFAULT ADDRESS, Cardiff, CF14 8LH.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2022
14,700
1,549
16,249
At 28 February 2023
14,700
1,549
16,249
At 1 March 2022
5,196
310
5,506
Charge for the year
1,901
248
2,149
At 28 February 2023
7,097
558
7,655
At 28 February 2023
7,603
991
8,594
At 28 February 2022
9,504
1,239
10,743
Amounts falling due within one year
MA BUILDING SOLUTIONS LTD
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,906
4,538
Loans from directors
(5,097)
(999)
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 1).