2022-11-01 05211749 2023-10-31 05211749 2022-11-01 2023-10-31 05211749 2022-10-31 05211749 2021-11-01 2022-10-31 05211749 uk-core:WithinOneYear 2022-10-31 05211749 uk-core:WithinOneYear 2023-10-31 05211749 uk-core:AfterOneYear 2022-10-31 05211749 uk-core:AfterOneYear 2023-10-31 05211749 uk-core:ShareCapital 2023-10-31 05211749 uk-core:ShareCapital 2022-10-31 05211749 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 05211749 uk-core:RetainedEarningsAccumulatedLosses 2022-10-31 05211749 uk-bus:Director1 2022-11-01 2023-10-31 05211749 uk-core:Goodwill 2022-10-31 05211749 uk-core:Goodwill 2023-10-31 05211749 uk-core:Goodwill 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure 05211749 uk-bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 05211749 uk-bus:FRS102 2022-11-01 2023-10-31 05211749 uk-bus:FilletedAccounts 2022-11-01 2023-10-31 05211749 uk-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31
MERTHYR BOROUGH RECYCLING CENTRE LIMITED
Registered Number:05211749
For the year ended 31 October 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2023
MERTHYR BOROUGH RECYCLING CENTRE LIMITED
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
05211749
As at 31 October 2023
MERTHYR BOROUGH RECYCLING CENTRE LIMITED
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Intangible assets
56,480
57,590
2
Property, plant and equipment
2,239,711
2,277,125
3
2,296,191
2,334,715
Current assets
Trade and other receivables
955,551
707,633
4
436,635
Cash and cash equivalents
507,749
1,215,382
1,392,186
Trade and other payables: amounts falling due within one
year
(444,074)
(611,649)
5
948,112
603,733
Net current assets
Total assets less current liabilities
2,899,924
3,282,827
Trade and other payables: amounts falling due after more
than one year
(942,969)
(317,880)
6
2,582,044
Net assets
2,339,858
Capital and reserves
Called up share capital
10,000
10,000
Retained earnings
2,572,044
2,329,858
2,582,044
2,339,858
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his 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.
Nicholas Glyn Brannan Director
These financial statements were approved and authorised for issue by the Board on 23 May 2024 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 31 October 2023
MERTHYR BOROUGH RECYCLING CENTRE LIMITED
Notes to the Financial Statements
Statutory Information
MERTHYR BOROUGH RECYCLING CENTRE LIMITED is a private limited company, limited by shares, domiciled in
England and Wales, registration number 05211749.
Registered address:
Ty Lwyfan
Graig Y Bedw
New Tredegar
Gwent
NP24 6NS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 November 2022
149,210
At 31 October 2023
149,210
Amortisation
At 01 November 2022
91,620
1,110
Charge for year
At 31 October 2023
92,730
Net book value
At 31 October 2023
56,480
At 31 October 2022
57,590
2 of 4
5
For the year ended 31 October 2023
MERTHYR BOROUGH RECYCLING CENTRE LIMITED
Notes to the Financial Statements Continued
3. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 November 2022
3,413,777
334,928
Additions
Disposals
(185,450)
At 31 October 2023
3,563,255
Provision for depreciation and impairment
At 01 November 2022
1,136,652
Charge for year
227,712
(40,820)
On disposal
At 31 October 2023
1,323,544
At 31 October 2023
Net book value
2,239,711
At 31 October 2022
2,277,125
4. Trade and other receivables
2022
2023
£
£
Trade debtors
625,838
955,551
Other debtors
81,795
-
955,551
707,633
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
487,657
444,074
Taxation and social security
120,947
-
Other creditors
3,045
-
611,649
444,074
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
317,880
942,969
3 of 4
6
For the year ended 31 October 2023
MERTHYR BOROUGH RECYCLING CENTRE LIMITED
Notes to the Financial Statements Continued
7. Average number of persons employed
During the year the average number of employees was 20 (2022 : 20)
4 of 4