Company Registration No. 09132913 (England and Wales)
MERVEILLE BUILDING SERVICES LIMITED
ABRIDGED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2023
MERVEILLE BUILDING SERVICES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
MERVEILLE BUILDING SERVICES LIMITED
BALANCE SHEET
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
6
43,096
7,316
Investments
7
100
43,196
7,316
Current assets
Debtors
8
146,142
67,496
Cash at bank and in hand
125,537
139,112
271,679
206,608
Creditors: amounts falling due within one year
9
(114,320)
(54,149)
Net current assets
157,359
152,459
Total assets less current liabilities
200,555
159,775
Creditors: amounts falling due after more than one year
10
(22,480)
(32,153)
Net assets
178,075
127,622
Capital and reserves
Called up share capital
10
10
Profit and loss reserves
178,065
127,612
Total equity
178,075
127,622
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
MERVEILLE BUILDING SERVICES LIMITED
BALANCE SHEET (CONTINUED)
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 11 April 2024
H I Fulga
Director
Company Registration No. 09132913
MERVEILLE BUILDING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
- 3 -
1
Accounting policies
Company information
Merveille Building Services Limited is a private company limited by shares incorporated in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover represents net fees receivable excluding value added tax.
1.3
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment
25% on reducing balance
Computer equipment
33% on cost
Motor vehicles
25% on reducing balance
1.4
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
1.5
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
2
Operating profit
2023
2022
Operating profit for the year is stated after charging:
£
£
Depreciation of owned tangible fixed assets
15,362
3,103
MERVEILLE BUILDING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2023
- 4 -
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
1
1
4
Taxation
2023
2022
£
£
Current tax
UK corporation tax on profits for the current period
2,713
966
Adjustments in respect of prior periods
(36,270)
Total current tax
(33,557)
966
5
Dividends
2023
2022
£
£
Interim paid
34,500
61,500
6
Tangible fixed assets
Equipment
Computer equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 August 2022
3,459
2,989
23,295
29,743
Additions
54,798
54,798
Disposals
(6,500)
(6,500)
At 31 July 2023
3,459
2,989
71,593
78,041
Depreciation and impairment
At 1 August 2022
2,185
1,993
18,249
22,427
Depreciation charged in the year
319
996
14,047
15,362
Eliminated in respect of disposals
(2,844)
(2,844)
At 31 July 2023
2,504
2,989
29,452
34,945
Net book value
At 31 July 2023
955
42,141
43,096
At 31 July 2022
1,274
996
5,046
7,316
MERVEILLE BUILDING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2023
- 5 -
7
Fixed asset investments
2023
2022
£
£
Shares in group undertakings and participating interests
100
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 1 August 2022
-
Additions
100
At 31 July 2023
100
Carrying amount
At 31 July 2023
100
At 31 July 2022
-
8
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
54,277
15,659
Corporation tax recoverable
36,828
Amounts owed by group undertakings
45,443
Other debtors
4,660
47,640
Prepayments
4,934
4,197
146,142
67,496
9
Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans
10,648
10,648
Directors' current accounts
60,034
38,371
Corporation tax
2,713
966
Other taxation and social security
22,478
Other creditors
5,786
164
Accruals
12,661
4,000
114,320
54,149
MERVEILLE BUILDING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2023
- 6 -
10
Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans
22,480
32,153