Registered number
04523770
D R Murray Services Limited
Filleted Accounts
30 September 2023
D R Murray Services Limited
Registered number: 04523770
Balance Sheet
as at 30 September 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 751,613 556,892
Current assets
Debtors 4 384,542 324,504
Cash at bank and in hand 196,531 433,605
581,073 758,109
Creditors: amounts falling due within one year 5 (377,964) (417,020)
Net current assets 203,109 341,089
Total assets less current liabilities 954,722 897,981
Creditors: amounts falling due after more than one year 6 (300,064) (332,851)
Net assets 654,658 565,130
Capital and reserves
Called up share capital 100 100
Profit and loss account 654,558 565,030
Shareholder's funds 654,658 565,130
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D R Murray
Director
Approved by the board on 13 February 2024
D R Murray Services Limited
Notes to the Accounts
for the year ended 30 September 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Lorries & trailers over 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price) less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 12 12
3 Tangible fixed assets
Lorries & trailers
£
Cost
At 1 October 2022 1,783,857
Additions 481,756
Disposals (145,469)
At 30 September 2023 2,120,144
Depreciation
At 1 October 2022 1,226,965
Charge for the year 287,035
On disposals (145,469)
At 30 September 2023 1,368,531
Net book value
At 30 September 2023 751,613
At 30 September 2022 556,892
4 Debtors 2023 2022
£ £
Trade debtors 378,567 312,354
Other debtors 5,975 12,150
384,542 324,504
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 10,000 10,000
Obligations under finance lease and hire purchase contracts 162,788 183,746
Trade creditors 95,578 90,089
Taxation and social security costs 42,187 94,677
Other creditors 67,411 38,508
377,964 417,020
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 20,000 30,000
Obligations under finance lease and hire purchase contracts 280,064 302,851
300,064 332,851
7 Other information
D R Murray Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
124 Old Penkridge Road
Cannock
WS11 1HY
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