1 November 2022 false No description of principal activity Taxfiler 2023.12 04551626business:PrivateLimitedCompanyLtd2022-11-012023-10-31 045516262022-10-31 045516262022-11-012023-10-31 04551626business:AuditExemptWithAccountantsReport2022-11-012023-10-31 04551626business:FilletedAccounts2022-11-012023-10-31 045516262023-10-31 045516262022-10-31 04551626core:WithinOneYear2023-10-31 04551626core:WithinOneYear2022-10-31 04551626core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 04551626core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 04551626core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 04551626core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 04551626core:PreviouslyStatedAmount2023-10-31 04551626core:PreviouslyStatedAmount2022-10-31 04551626business:SmallEntities2022-11-012023-10-31 04551626business:Director12022-11-012023-10-31 04551626countries:EnglandWales2022-11-012023-10-31 04551626business:RegisteredOffice2022-11-012023-10-31 04551626core:PlantMachinery2022-11-012023-10-31 04551626core:MotorVehicles2022-11-012023-10-31 04551626core:FurnitureFittings2022-11-012023-10-31 04551626core:ComputerEquipment2022-11-012023-10-31 04551626core:Goodwill2022-10-31 04551626core:Goodwill2023-10-31 04551626core:PlantMachinery2022-10-31 04551626core:MotorVehicles2022-10-31 04551626core:FurnitureFittings2022-10-31 04551626core:ComputerEquipment2022-10-31 04551626core:PlantMachinery2023-10-31 04551626core:MotorVehicles2023-10-31 04551626core:FurnitureFittings2023-10-31 04551626core:ComputerEquipment2023-10-31 045516262021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 04551626 (England and Wales)
Mark Robins Contracting Limited Unaudited accounts for the year ended 31 October 2023
Mark Robins Contracting Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,295 
3,492 
Current assets
Inventories
220 
850 
Debtors
3,942 
7,698 
Cash at bank and in hand
12,527 
15,619 
16,689 
24,167 
Creditors: amounts falling due within one year
(15,777)
(12,246)
Net current assets
912 
11,921 
Total assets less current liabilities
4,207 
15,413 
Provisions for liabilities
Deferred tax
(626)
(664)
Net assets
3,581 
14,749 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
2,581 
13,749 
Shareholders' funds
3,581 
14,749 
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 11 February 2024 and were signed on its behalf by
Mark Robins Director Company Registration No. 04551626
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Mark Robins Contracting Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Mark Robins Contracting Limited is a private company, limited by shares, registered in England and Wales, registration number 04551626. The registered office is 178 Lower Binton, Binton, Stratford Upon Avon, Warwickshire, CV37 9TF.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% straight line
Computer equipment
3 Years straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Mark Robins Contracting Limited Notes to the Accounts for the year ended 31 October 2023
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2022
12,000 
At 31 October 2023
12,000 
Amortisation
At 1 November 2022
12,000 
At 31 October 2023
12,000 
Net book value
At 31 October 2023
- 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 November 2022
22,195 
7,500 
1,704 
- 
31,399 
Additions
- 
- 
- 
535 
535 
At 31 October 2023
22,195 
7,500 
1,704 
535 
31,934 
Depreciation
At 1 November 2022
20,483 
5,720 
1,704 
- 
27,907 
Charge for the year
257 
445 
- 
30 
732 
At 31 October 2023
20,740 
6,165 
1,704 
30 
28,639 
Net book value
At 31 October 2023
1,455 
1,335 
- 
505 
3,295 
At 31 October 2022
1,712 
1,780 
- 
- 
3,492 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,092 
7,200 
Accrued income and prepayments
850 
498 
3,942 
7,698 
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Mark Robins Contracting Limited Notes to the Accounts for the year ended 31 October 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
929 
195 
Trade creditors
3,645 
5,597 
Taxes and social security
- 
1,714 
Loans from directors
10,387 
4,081 
Accruals
816 
659 
15,777 
12,246 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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