Company Registration No. 11248193 (England and Wales)
MDB GAS LTD
Unaudited accounts
for the year ended 31 March 2023
MDB GAS LTD
Unaudited accounts
Contents
MDB GAS LTD
Company Information
for the year ended 31 March 2023
Company Number
11248193 (England and Wales)
Registered Office
UNIT 32
PERCIVAL LANE
RUNCORN
CHESHIRE
WA7 4UY
ENGLAND
MDB GAS LTD
Statement of financial position
as at 31 March 2023
Tangible assets
60,542
65,608
Cash at bank and in hand
73,094
3,488
Creditors: amounts falling due within one year
(37,167)
(16,628)
Net current assets
53,225
1,968
Total assets less current liabilities
113,767
67,576
Creditors: amounts falling due after more than one year
(30,000)
(30,000)
Called up share capital
3
3
Capital redemption reserve
29,884
35,993
Profit and loss account
53,880
1,580
Shareholders' funds
83,767
37,576
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 December 2023 and were signed on its behalf by
D. BURGE
Director
Company Registration No. 11248193
MDB GAS LTD
Notes to the Accounts
for the year ended 31 March 2023
MDB GAS LTD is a private company, limited by shares, registered in England and Wales, registration number 11248193. The registered office is UNIT 32, PERCIVAL LANE, RUNCORN, CHESHIRE, WA7 4UY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
7,995
72,877
5,000
85,872
At 31 March 2023
7,995
72,877
5,000
85,872
At 1 April 2022
3,196
15,068
2,000
20,264
Charge for the year
799
3,767
500
5,066
At 31 March 2023
3,995
18,835
2,500
25,330
At 31 March 2023
4,000
54,042
2,500
60,542
At 31 March 2022
4,799
57,809
3,000
65,608
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
7,452
-
Taxes and social security
-
15,428
Other creditors
1,200
1,200
MDB GAS LTD
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 13 (2022: 13).