Company Registration No. 10303120 (England and Wales)
Mount Boiler Specialists Ltd
Unaudited accounts
for the year ended 31 July 2023
Mount Boiler Specialists Ltd
Unaudited accounts
Contents
Mount Boiler Specialists Ltd
Company Information
for the year ended 31 July 2023
Directors
J Prieditis
J Prieditis
Company Number
10303120 (England and Wales)
Registered Office
South Cottage
Wood Langham
MARKET RASEN
Lincolnshire
LN8 3QR
United Kingdom
Accountants
qbx- the quickbooks accountants
South Cottage
Wood Langham
Market Rasen
Lincolnshire
LN8 3QR
Mount Boiler Specialists Ltd
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
2,586
9,363
Creditors: amounts falling due within one year
(28,878)
(22,395)
Net current assets
4,948
6,301
Total assets less current liabilities
5,536
7,662
Creditors: amounts falling due after more than one year
(4,999)
(6,666)
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
423
735
Shareholders' funds
425
737
For the year ending 31 July 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 25 July 2024 and were signed on its behalf by
J Prieditis
Director
Company Registration No. 10303120
Mount Boiler Specialists Ltd
Notes to the Accounts
for the year ended 31 July 2023
Mount Boiler Specialists Ltd is a private company, limited by shares, registered in England and Wales, registration number 10303120. The registered office is South Cottage, Wood Langham, MARKET RASEN, Lincolnshire, LN8 3QR, United Kingdom.
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.
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
25% per annum on cost
Computer equipment
33% per annum on cost
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.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
1,149
951
1,440
3,540
At 31 July 2023
1,149
951
1,440
3,540
At 1 August 2022
740
476
963
2,179
Charge for the year
194
238
341
773
At 31 July 2023
934
714
1,304
2,952
At 31 July 2023
215
237
136
588
At 31 July 2022
409
475
477
1,361
Amounts falling due within one year
Other debtors
31,240
19,333
Mount Boiler Specialists Ltd
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,667
1,667
Taxes and social security
22,901
17,198
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 2 (2022: 2).