MIDLANDS BUILDERS & PLUMBERS MERCHANTS LTD

Company Registration Number:
09382516 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

MIDLANDS BUILDERS & PLUMBERS MERCHANTS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MIDLANDS BUILDERS & PLUMBERS MERCHANTS LTD

Directors' report period ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Directors

The director shown below has held office during the whole of the period from
1 February 2023 to 31 January 2024

Nader Khan


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
16 February 2024

And signed on behalf of the board by:
Name: Nader Khan
Status: Director

MIDLANDS BUILDERS & PLUMBERS MERCHANTS LTD

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 1,682,420 267,458
Cost of sales: ( 932,512 ) ( 164,948 )
Gross profit(or loss): 749,908 102,510
Administrative expenses: ( 210,621 ) ( 93,551 )
Operating profit(or loss): 539,287 8,959
Profit(or loss) before tax: 539,287 8,959
Tax: ( 68,521 ) ( 1,702 )
Profit(or loss) for the financial year: 470,766 7,257

MIDLANDS BUILDERS & PLUMBERS MERCHANTS LTD

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 156,347 66,686
Total fixed assets: 156,347 66,686
Current assets
Stocks: 4 217,258 35,000
Debtors: 5 119,005 5,500
Cash at bank and in hand: 24,932 2,500
Total current assets: 361,195 43,000
Creditors: amounts falling due within one year: 6 ( 17,506 ) ( 8,202 )
Net current assets (liabilities): 343,689 34,798
Total assets less current liabilities: 500,036 101,484
Creditors: amounts falling due after more than one year: 7 ( 10,000 ) ( 82,214 )
Total net assets (liabilities): 490,036 19,270
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 489,936 19,170
Total Shareholders' funds: 490,036 19,270

The notes form part of these financial statements

MIDLANDS BUILDERS & PLUMBERS MERCHANTS LTD

Balance sheet statements

For the year ending 31 January 2024 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.

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

This report was approved by the board of directors on 16 February 2024
and signed on behalf of the board by:

Name: Nader Khan
Status: Director

The notes form part of these financial statements

MIDLANDS BUILDERS & PLUMBERS MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Tangible fixed assets depreciation policy

    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:

    Other accounting policies

    Accounting policiesThe 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 preparationThe accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.Presentation currencyThe accounts are presented in £ sterling

MIDLANDS BUILDERS & PLUMBERS MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 2

MIDLANDS BUILDERS & PLUMBERS MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 74,095 0 0 74,095
Additions 74,510 22,560 97,070
Disposals
Revaluations
Transfers
At 31 January 2024 74,095 74,510 22,560 171,165
Depreciation
At 1 February 2023 7,409 0 0 7,409
Charge for year 7,409 0 0 7,409
On disposals
Other adjustments
At 31 January 2024 14,818 0 0 14,818
Net book value
At 31 January 2024 59,277 74,510 22,560 156,347
At 31 January 2023 66,686 0 0 66,686

MIDLANDS BUILDERS & PLUMBERS MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Stocks

2024 2023
£ £
Stocks 217,258 35,000
Total 217,258 35,000

MIDLANDS BUILDERS & PLUMBERS MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Debtors

2024 2023
£ £
Trade debtors 106,505 5,500
Prepayments and accrued income 12,500
Total 119,005 5,500

MIDLANDS BUILDERS & PLUMBERS MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 6,500
Taxation and social security 17,506 1,702
Total 17,506 8,202

MIDLANDS BUILDERS & PLUMBERS MERCHANTS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 10,000 41,000
Other creditors 41,214
Total 10,000 82,214