IRIS Accounts Production v23.3.1.45 12466437 director 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124664372022-02-28124664372023-02-28124664372022-03-012023-02-28124664372021-02-28124664372021-03-012022-02-28124664372022-02-2812466437ns10:Originalns15:EnglandWales2022-03-012023-02-2812466437ns14:PoundSterlingns10:Original2022-03-012023-02-2812466437ns10:Originalns10:Director12022-03-012023-02-2812466437ns10:Original2022-03-012023-02-2812466437ns10:Original2023-02-2812466437ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2812466437ns10:Originalns10:SmallEntities2022-03-012023-02-2812466437ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2812466437ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2812466437ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2812466437ns10:Originalns10:FullAccounts2022-03-012023-02-2812466437ns10:Originalns10:RegisteredOffice2022-03-012023-02-2812466437ns10:Original2022-02-2812466437ns10:Originalns5:CurrentFinancialInstruments2023-02-2812466437ns10:Originalns5:CurrentFinancialInstruments2022-02-2812466437ns5:ShareCapitalns10:Original2023-02-2812466437ns5:ShareCapitalns10:Original2022-02-2812466437ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2812466437ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2812466437ns10:Originalns5:MotorVehicles2022-03-012023-02-2812466437ns10:Original2021-03-012022-02-2812466437ns10:Originalns5:MotorVehicles2022-02-2812466437ns10:Originalns5:MotorVehicles2023-02-2812466437ns10:Originalns5:MotorVehicles2022-02-2812466437ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2812466437ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-2812466437ns10:Originalns5:DeferredTaxation2022-02-2812466437ns10:Originalns5:DeferredTaxation2022-03-012023-02-2812466437ns10:Originalns5:DeferredTaxation2023-02-28
REGISTERED NUMBER: 12466437 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Modular Maintenance Services Ltd

Modular Maintenance Services Ltd (Registered number: 12466437)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Modular Maintenance Services Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: G S Price





REGISTERED OFFICE: 9 Helford Close
Tipton
West Midlands
DY4 8AN





REGISTERED NUMBER: 12466437 (England and Wales)





ACCOUNTANTS: Pride Accountants
Polymer Court
Hope Street
Dudley
West Midlands
DY2 8RS

Modular Maintenance Services Ltd (Registered number: 12466437)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 4,500

CURRENT ASSETS
Debtors 5 23,976 31,027
Cash at bank 85 18,169
24,061 49,196
CREDITORS
Amounts falling due within one year 6 47,354 52,553
NET CURRENT LIABILITIES (23,293 ) (3,357 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(23,293

)

1,143

PROVISIONS FOR LIABILITIES 7 - 855
NET (LIABILITIES)/ASSETS (23,293 ) 288

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings (23,297 ) 284
SHAREHOLDERS' FUNDS (23,293 ) 288

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.

Modular Maintenance Services Ltd (Registered number: 12466437)

Balance Sheet - continued
28 February 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 director and authorised for issue on 23 November 2023 and were signed by:





G S Price - Director


Modular Maintenance Services Ltd (Registered number: 12466437)

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

1. STATUTORY INFORMATION

Modular Maintenance Services Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Motor vehicles - 25% on reducing balance

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 - 2 ) .

Modular Maintenance Services Ltd (Registered number: 12466437)

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

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 March 2022 6,000
Disposals (6,000 )
At 28 February 2023 -
DEPRECIATION
At 1 March 2022 1,500
Eliminated on disposal (1,500 )
At 28 February 2023 -
NET BOOK VALUE
At 28 February 2023 -
At 28 February 2022 4,500

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors - 6,120
CIS tax recoverable 20,073 20,825
Amounts due from associated
companies - 4,000
Corporation tax recoverable 3,903 -
VAT - 82
23,976 31,027

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Taxation and social security 4,007 3,903
Other creditors 43,347 48,650
47,354 52,553

7. PROVISIONS FOR LIABILITIES
28.2.23 28.2.22
£    £   
Deferred tax - 855

Modular Maintenance Services Ltd (Registered number: 12466437)

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

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 March 2022 855
Provided during year (855 )
Balance at 28 February 2023 -

8. ULTIMATE CONTROLLING PARTY

The controlling party is G S Price.

9. GOING CONCERN

The accounts have been prepared on a going concern basis on the grounds that the continuation of the company's activities is dependent upon the continued support of its director and shareholder.