Company Registration No. 04664201 (England and Wales)
MULRYAN CONSTRUCTION LIMITED
Unaudited accounts
for the year ended 5 April 2023
MULRYAN CONSTRUCTION LIMITED
Unaudited accounts
Contents
MULRYAN CONSTRUCTION LIMITED
Company Information
for the year ended 5 April 2023
Company Number
04664201 (England and Wales)
Registered Office
37 ROLAND AVENUE
HOLBROOKS
COVENTRY
CV6 4HQ
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
MULRYAN CONSTRUCTION LIMITED
Statement of financial position
as at 5 April 2023
Intangible assets
3,400
4,200
Cash at bank and in hand
7,199
61,039
Creditors: amounts falling due within one year
(13,843)
(30,010)
Net current assets
26,425
53,240
Total assets less current liabilities
30,190
57,926
Creditors: amounts falling due after more than one year
(27,192)
(40,716)
Called up share capital
10
10
Profit and loss account
2,988
17,200
Shareholders' funds
2,998
17,210
For the year ending 5 April 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 5 February 2024 and were signed on its behalf by
Martin Mulryan
Director
Company Registration No. 04664201
MULRYAN CONSTRUCTION LIMITED
Notes to the Accounts
for the year ended 5 April 2023
MULRYAN CONSTRUCTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04664201. The registered office is 37 ROLAND AVENUE, HOLBROOKS, COVENTRY, CV6 4HQ.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
MULRYAN CONSTRUCTION LIMITED
Notes to the Accounts
for the year ended 5 April 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At valuation
At cost
At 6 April 2022
810
1,000
1,810
At 5 April 2023
811
1,000
1,811
At 6 April 2022
561
763
1,324
Charge for the year
63
59
122
At 5 April 2023
624
822
1,446
At 5 April 2023
187
178
365
At 5 April 2022
249
237
486
Amounts falling due within one year
Other debtors
32,599
4,961
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
12,013
-
Trade creditors
1,708
8,036
Taxes and social security
-
12,271
8
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
27,192
40,716
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
MULRYAN CONSTRUCTION LIMITED
Notes to the Accounts
for the year ended 5 April 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan 2.5% interest, on demand
4,961
36,553
8,915
32,599
4,961
36,553
8,915
32,599
During the year, Martin Mulryan was granted a short term loan. The maximum liability during the year was £32,599 and the amount owed at 5th April 2022 was £32,599. The loan is repayable on demand. Interest at the rate of 2.5% per annum is charged on the loan.
11
Average number of employees
During the year the average number of employees was 2 (2022: 2).