2022-10-01 NI047585 2023-09-30 NI047585 2022-10-01 2023-09-30 NI047585 2022-09-30 NI047585 2021-10-01 2022-09-30 NI047585 uk-core:WithinOneYear uk-bus:Original 2022-09-30 NI047585 uk-core:WithinOneYear uk-bus:Original 2023-09-30 NI047585 uk-core:AfterOneYear uk-bus:Original 2022-09-30 NI047585 uk-core:AfterOneYear uk-bus:Original 2023-09-30 NI047585 uk-core:ShareCapital uk-bus:Original 2023-09-30 NI047585 uk-core:ShareCapital uk-bus:Original 2022-09-30 NI047585 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2023-09-30 NI047585 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2022-09-30 NI047585 uk-bus:Director1 uk-bus:Original 2022-10-01 2023-09-30 NI047585 uk-bus:Director2 uk-bus:Original 2022-10-01 2023-09-30 NI047585 uk-core:PlantMachinery uk-bus:Original 2022-10-01 2023-09-30 NI047585 uk-core:MotorVehicles uk-bus:Original 2022-10-01 2023-09-30 NI047585 uk-core:OfficeEquipment uk-bus:Original 2022-10-01 2023-09-30 NI047585 uk-core:OfficeEquipment uk-bus:Original 2022-09-30 NI047585 uk-core:MotorVehicles uk-bus:Original 2022-09-30 NI047585 uk-core:PlantMachinery uk-bus:Original 2022-09-30 NI047585 uk-core:LandBuildings uk-bus:Original 2022-09-30 NI047585 uk-core:LandBuildings uk-bus:Original 2022-10-01 2023-09-30 NI047585 uk-core:PlantMachinery uk-bus:Original 2023-09-30 NI047585 uk-core:MotorVehicles uk-bus:Original 2023-09-30 NI047585 uk-core:OfficeEquipment uk-bus:Original 2023-09-30 NI047585 uk-core:LandBuildings uk-bus:Original 2023-09-30 NI047585 uk-core:WithinOneYear uk-bus:Original 2023-09-30 NI047585 uk-core:WithinOneYear uk-bus:Original 2022-09-30 NI047585 uk-core:AfterOneYear uk-bus:Original uk-core:Secured 2023-09-30 NI047585 uk-core:AfterOneYear uk-bus:Original uk-core:Secured 2022-09-30 NI047585 4 uk-bus:Original uk-bus:Director1 2022-10-01 2023-09-30 NI047585 4 uk-bus:Original uk-bus:Director1 2023-09-30 NI047585 4 uk-bus:Original uk-bus:Director1 2022-09-30 iso4217:GBP xbrli:pure NI047585 uk-bus:AuditExemptWithAccountantsReport uk-bus:Original 2022-10-01 2023-09-30 NI047585 uk-bus:FRS102 uk-bus:Original 2022-10-01 2023-09-30 NI047585 uk-bus:FilletedAccounts uk-bus:Original 2022-10-01 2023-09-30 NI047585 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2022-10-01 2023-09-30
Mason Saw Services Ltd
Registered Number:NI047585
For the year ended 30 September 2023
Northern Ireland
Unaudited Financial Statements
2
For the year ended 30 September 2023
Mason Saw Services Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
NI047585
As at 30 September 2023
Mason Saw Services Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
142,592
153,460
2
142,592
153,460
Current assets
Inventories
5,430
5,680
3
Trade and other receivables
134,107
125,682
4
524,464
Cash and cash equivalents
502,712
634,074
664,001
Trade and other payables: amounts falling due within one
year
(121,668)
(102,439)
5
542,333
531,635
Net current assets
Total assets less current liabilities
674,227
695,793
Trade and other payables: amounts falling due after more
than one year
(30,589)
-
6
(17,446)
(17,678)
Provisions for liabilities
656,781
Net assets
647,526
Capital and reserves
Called up share capital
1,003
1,003
Retained earnings
655,778
646,523
656,781
647,526
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Albert Mason Director
Mr James Mason Director
These financial statements were approved and authorised for issue by the Board on 04 March 2024 and were signed by:
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4
Registered Number :
NI047585
For the year ended 30 September 2023
Mason Saw Services Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 September 2023
Mason Saw Services Ltd
Notes to the Financial Statements
Statutory Information
Mason Saw Services Ltd is a private limited company, limited by shares, domiciled in Northern Ireland, registration
number NI047585.
Registered address:
27 Kilmore Road
Richhill
Armagh
BT61 8QX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20 Reducing balance
20 Reducing balance
Motor Vehicles
25 Reducing balance
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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6
For the year ended 30 September 2023
Mason Saw Services Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Furniture and
Fittings
Motor Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
£
Cost or
valuation
At 01 October 2022
597,191
19,028
49,779
472,856
55,528
11,176
-
-
11,176
-
Additions
At 30 September 2023
484,032
49,779
19,028
608,367
55,528
Provision for depreciation and impairment
At 01 October 2022
443,731
14,364
33,383
395,984
-
Charge for year
22,044
1,166
3,279
17,599
-
At 30 September 2023
465,775
15,530
36,662
413,583
-
At 30 September 2023
Net book value
55,528
70,449
13,117
3,498
142,592
At 30 September 2022
55,528
76,872
16,396
4,664
153,460
3. Inventories
2022
2023
£
£
Stocks
5,680
5,430
4. Trade and other receivables
2022
2023
£
£
Trade debtors
125,682
134,107
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
-
10,644
Trade creditors
56,200
61,544
Taxation and social security
30,689
24,678
Other creditors
15,550
24,802
102,439
121,668
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7
For the year ended 30 September 2023
Mason Saw Services Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
-
30,589
7. Directors advances and guarantees
At 01/10/2022
At 30/09/2023
£
£
Mr Albert Mason
Directors current account
-
15,005
-
15,005
8. Average number of persons employed
During the year the average number of employees was 10 (2022 : 12)
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