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REGISTERED NUMBER: 05716473 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

A1 Muckaway Limited

A1 Muckaway Limited (Registered number: 05716473)






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


A1 Muckaway Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: L J Bainbridge





REGISTERED OFFICE: c/o King Hope
18 Scarborough Street
Hartlepool
TS24 7DA





REGISTERED NUMBER: 05716473 (England and Wales)





ACCOUNTANTS: KING HOPE
CHARTERED ACCOUNTANTS
18 Scarborough Street
Hartlepool
TS24 7DA

A1 Muckaway Limited (Registered number: 05716473)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 163,111 126,224

CURRENT ASSETS
Debtors 5 65,115 39,249
Cash at bank 76,603 66,110
141,718 105,359
CREDITORS
Amounts falling due within one year 6 91,941 133,350
NET CURRENT ASSETS/(LIABILITIES) 49,777 (27,991 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

212,888

98,233

PROVISIONS FOR LIABILITIES 30,568 22,722
NET ASSETS 182,320 75,511

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 182,318 75,509
SHAREHOLDERS' FUNDS 182,320 75,511

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 Profit and Loss Account has not been delivered.

A1 Muckaway Limited (Registered number: 05716473)

Balance Sheet - continued
28 February 2023



The financial statements were approved by the director and authorised for issue on 27 November 2023 and were signed by:





L J Bainbridge - Director


A1 Muckaway Limited (Registered number: 05716473)

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

1. STATUTORY INFORMATION

A1 Muckaway 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.

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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

A1 Muckaway Limited (Registered number: 05716473)

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

2. ACCOUNTING POLICIES - continued

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.

Government grants
Covid grant is recognised as income upon receipt in accordance with the performance model of Section 24 of FRS102.

Coronavirus job retention scheme grants are recognised as income in the same period as the related costs on a systematic basis, in accordance with the accrual model of Section 24 or FRS102.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2022 70,520 223,531 294,051
Additions 3,701 119,344 123,045
Disposals (51,730 ) (65,051 ) (116,781 )
At 28 February 2023 22,491 277,824 300,315
DEPRECIATION
At 1 March 2022 57,941 109,886 167,827
Charge for year 3,294 51,077 54,371
Eliminated on disposal (48,629 ) (36,365 ) (84,994 )
At 28 February 2023 12,606 124,598 137,204
NET BOOK VALUE
At 28 February 2023 9,885 153,226 163,111
At 28 February 2022 12,579 113,645 126,224

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 65,115 39,249

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 16,373 13,602
Taxation and social security 36,097 18,651
Other creditors 39,471 101,097
91,941 133,350

A1 Muckaway Limited (Registered number: 05716473)

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

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £12,500 (2022 - £15,000) were paid to the director .