2023-04-01 09676073 2024-03-31 09676073 2023-04-01 2024-03-31 09676073 uk-bus:RegisteredOffice 2023-04-01 2024-03-31 09676073 uk-bus:Director1 2023-04-01 2024-03-31 09676073 uk-bus:Director1 2024-03-31 09676073 uk-bus:Director2 2023-04-01 2024-03-31 09676073 uk-bus:Director2 2024-03-31 09676073 2023-03-31 09676073 2022-04-01 2023-03-31 09676073 uk-core:WithinOneYear 2023-03-31 09676073 uk-core:WithinOneYear 2024-03-31 09676073 uk-core:ShareCapital 2024-03-31 09676073 uk-core:ShareCapital 2023-03-31 09676073 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 09676073 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 09676073 uk-core:PlantMachinery 2023-04-01 2024-03-31 09676073 uk-core:OfficeEquipment 2023-04-01 2024-03-31 09676073 uk-core:OtherVehicles 2023-04-01 2024-03-31 09676073 uk-core:FurnitureFittings 2023-04-01 2024-03-31 09676073 uk-core:FurnitureFittings 2023-03-31 09676073 uk-core:OtherVehicles 2023-03-31 09676073 uk-core:PlantMachinery 2023-03-31 09676073 uk-core:PlantMachinery 2024-03-31 09676073 uk-core:OtherVehicles 2024-03-31 09676073 uk-core:FurnitureFittings 2024-03-31 09676073 uk-core:WithinOneYear uk-core:Secured 2024-03-31 09676073 uk-core:WithinOneYear uk-core:Secured 2023-03-31 iso4217:GBP xbrli:pure 09676073 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09676073 uk-bus:FRS102 2023-04-01 2024-03-31 09676073 uk-bus:FullAccounts 2023-04-01 2024-03-31 09676073 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Draft
MB CARPENTRY & BUILDING LTD
Registered Number:09676073
For the year ended 31 March 2024
England and Wales
Report of the Directors and Unaudited Financial Statements
2
Draft
For the year ended 31 March 2024
MB CARPENTRY & BUILDING LTD
Contents Page
Company Information
1
2
Directors' Report
3
Independent Accountants' Report
4
Income Statement
5
Statement of Financial Position
6 to 8
Notes to the Financial Statements
3
Draft
For the year ended 31 March 2024
MB CARPENTRY & BUILDING LTD
Company Information
NIGEL BENNETT
Directors
BENJAMIN MITCHELL
09676073
Registered Number
4 CARRINGTON PLACE
Registered Office
TRING
HERTS
HP23 5LA
WATERHOUSE BUSINESS GROUP
Accountants
9 LETCHFIELD
LEY HILL
CHESHAM
BUCKS
HP5 3QU
1 of 8
4
Draft
For the year ended 31 March 2024
MB CARPENTRY & BUILDING LTD
Directors' Report
The directors present their report and accounts for the year ended 31 March 2024.
Principal activities
The principal activity of the company continued to be that of Carpentry and Building in the construction industry.
Directors
The directors who served the company throughout the year were as follows:
NIGEL BENNETT
BENJAMIN MITCHELL
NIGEL BENNETT
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Date:
15 August 2024
2 of 8
5
Draft
For the year ended 31 March 2024
MB CARPENTRY & BUILDING LTD
Independent Accountants' Report
As described on the Statement of Financial Position you are responsible for the preparation of
the financial statements for the year ended 31 March 2024 and you consider that the company
is exempt from an audit under the Companies Act 2006. In accordance with your instructions,
we have compiled these unaudited financial statements in order to assist you to fulfil your
statutory responsibilities, from the accounting records and information and explanations
supplied to us.
WATERHOUSE BUSINESS GROUP
9 LETCHFIELD
LEY HILL
CHESHAM
BUCKS
HP5 3QU
Date:
15 August 2024
3 of 8
6
Draft
For the year ended 31 March 2024
MB CARPENTRY & BUILDING LTD
Income Statement
2023
£
2024
£
Turnover
523,791
499,014
(417,735)
Cost of sales
(393,748)
81,279
Gross profit
130,043
Administrative expenses
(65,808)
(46,437)
Operating profit
64,235
34,842
Other interest receivable and similar income
65
-
Interest payable and similar charges
(2,145)
(924)
62,155
33,918
Profit before taxation
(13,268)
(7,267)
Taxation
48,887
Profit for the financial year
26,651
4 of 8
7
Draft
Registered Number :
09676073
As at 31 March 2024
MB CARPENTRY & BUILDING LTD
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
340
1,923
2
340
1,923
Current assets
Trade and other receivables
103,042
95,499
3
2,547
Cash and cash equivalents
23,584
119,083
105,589
Trade and other payables: amounts falling due
within one year
(109,606)
(108,630)
4
(4,017)
10,453
Net current assets
Total assets less current liabilities
10,793
(2,094)
10,793
Net assets/liabilities
(2,094)
Capital and reserves
Called up share capital
2
2
Retained earnings
10,791
(2,096)
10,793
(2,094)
Shareholders' funds
For the year ended 31 March 2024 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 March 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their 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.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
5 of 8
8
Draft
Registered Number :
09676073
For the year ended 31 March 2024
MB CARPENTRY & BUILDING LTD
Statement of Financial Position Continued
NIGEL BENNETT
These financial statements were approved and authorised for issue by the Board on 15 August 2024 and were signed by:
The notes form part of these financial statements
6 of 8
9
Draft
For the year ended 31 March 2024
MB CARPENTRY & BUILDING LTD
Notes to the Financial Statements
Statutory Information
MB CARPENTRY & BUILDING LTD is a private limited company, limited by shares, domiciled
in England and Wales, registration number 09676073.
Registered address:
4 CARRINGTON PLACE
TRING
HERTS
HP23 5LA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the
UK and Republic of Ireland' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain
assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
20 Straight line
20 Straight line
Computer equipment
20 Straight line
Motor vehicles
20 Straight line
Fixtures and fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
7 of 8
10
Draft
For the year ended 31 March 2024
MB CARPENTRY & BUILDING LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures
and fittings
Motor
vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 April 2023
23,323
196
21,795
1,332
At 31 March 2024
1,332
21,795
196
23,323
Provision for depreciation and impairm
ent
At 01 April 2023
21,400
196
20,341
863
Charge for year
1,583
-
1,454
129
At 31 March 2024
22,983
196
21,795
992
At 31 March 2024
Net book value
340
-
-
340
At 31 March 2023
469
1,454
-
1,923
3. Trade and other receivables
2023
2024
£
£
Trade debtors
9,010
18,671
Other debtors
86,489
84,371
103,042
95,499
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
27,573
45,844
Trade creditors
43,033
40,499
Taxation and social security
38,024
23,263
108,630
109,606
5. Average number of persons employed
During the year the average number of employees was 0
8 of 8