Company Registration No. 10414422 (England and Wales)
Mayer Skip & Excavation Hire Limited
Unaudited accounts
for the year ended 31 October 2023
Mayer Skip & Excavation Hire Limited
Unaudited accounts
Contents
Mayer Skip & Excavation Hire Limited
Company Information
for the year ended 31 October 2023
Directors
Wayne Mayer
Paul Mayer
Company Number
10414422 (England and Wales)
Registered Office
64 Great Howarth
Rochdale
Lancashire
OL12 9HE
England
Accountants
Pamela Buckley Office Services
68 St Pauls Hill Road
Godley
Hyde
Hyde
Cheshire
SK14 2SW
Mayer Skip & Excavation Hire Limited
Statement of financial position
as at 31 October 2023
Tangible assets
174,545
218,181
Cash at bank and in hand
15,884
4,780
Creditors: amounts falling due within one year
(238,218)
(225,099)
Net current liabilities
(212,754)
(177,685)
Total assets less current liabilities
(38,209)
40,496
Creditors: amounts falling due after more than one year
-
(35,009)
Net (liabilities)/assets
(38,209)
5,487
Called up share capital
2
2
Profit and loss account
(38,211)
5,485
Shareholders' funds
(38,209)
5,487
For the year ending 31 October 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 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 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 of Directors and authorised for issue on 27 July 2024 and were signed on its behalf by
Wayne Mayer
Director
Company Registration No. 10414422
Mayer Skip & Excavation Hire Limited
Notes to the Accounts
for the year ended 31 October 2023
Mayer Skip & Excavation Hire Limited is a private company, limited by shares, registered in England and Wales, registration number 10414422. The registered office is 64 Great Howarth, Rochdale, Lancashire, OL12 9HE, 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:
Plant & machinery
20% reducing balance method.
Motor vehicles
20% reducing balance method.
Fixtures & fittings
20% reducing balance method.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
170,628
232,395
11,616
414,639
At 31 October 2023
170,628
232,395
11,616
414,639
At 1 November 2022
102,249
86,310
7,899
196,458
Charge for the year
13,676
29,217
743
43,636
At 31 October 2023
115,925
115,527
8,642
240,094
At 31 October 2023
54,703
116,868
2,974
174,545
At 31 October 2022
68,379
146,085
3,717
218,181
Mayer Skip & Excavation Hire Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
7,561
25,929
Accrued income and prepayments
2,019
2,303
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
4,636
Trade creditors
10,930
909
Taxes and social security
965
402
Loans from directors
220,540
218,522
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).