MASSEY CATERING EQUIPMENT LIMITED

Company Registration Number:
NI612998 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

MASSEY CATERING EQUIPMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

MASSEY CATERING EQUIPMENT LIMITED

Balance sheet

As at 31 May 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 550,000 600,000
Tangible assets: 4 289,121 316,278
Total fixed assets: 839,121 916,278
Current assets
Stocks: 192,721 125,800
Debtors:   1,090,119 849,991
Cash at bank and in hand: 1,279,096 999,400
Total current assets: 2,561,936 1,975,191
Creditors: amounts falling due within one year:   (829,129) (623,390)
Net current assets (liabilities): 1,732,807 1,351,801
Total assets less current liabilities: 2,571,928 2,268,079
Total net assets (liabilities): 2,571,928 2,268,079
Capital and reserves
Called up share capital: 102 102
Profit and loss account: 2,571,826 2,267,977
Shareholders funds: 2,571,928 2,268,079

The notes form part of these financial statements

MASSEY CATERING EQUIPMENT LIMITED

Balance sheet statements

For the year ending 31 May 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 November 2023
and signed on behalf of the board by:

Name: Sydney Massey
Status: Director

The notes form part of these financial statements

MASSEY CATERING EQUIPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MASSEY CATERING EQUIPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 12 12

MASSEY CATERING EQUIPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Intangible Assets

Total
Cost £
At 01 June 2022 1,000,000
At 31 May 2023 1,000,000
Amortisation
At 01 June 2022 400,000
Charge for year 50,000
At 31 May 2023 450,000
Net book value
At 31 May 2023 550,000
At 31 May 2022 600,000

MASSEY CATERING EQUIPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible Assets

Total
Cost £
At 01 June 2022 466,196
Additions 2,727
Disposals (3,825)
At 31 May 2023 465,098
Depreciation
At 01 June 2022 149,918
Charge for year 29,063
On disposals (3,004)
At 31 May 2023 175,977
Net book value
At 31 May 2023 289,121
At 31 May 2022 316,278