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REGISTERED NUMBER: 09424873 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

M & A Home Improvements Limited

M & A Home Improvements Limited (Registered number: 09424873)

Contents of the Financial Statements
for the Year Ended 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M & A Home Improvements Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: M A Bagshaw
A G Bagshaw





REGISTERED OFFICE: 36 Charles Street
Hinckley
United Kingdom
Leicestershire
LE10 1PT





REGISTERED NUMBER: 09424873 (England and Wales)





ACCOUNTANTS: Geoff Cowley & Co Ltd
Willow Park
Upton Lane
Stoke Golding
Nuneaton
Warwickshire
CV13 6EU

M & A Home Improvements Limited (Registered number: 09424873)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 200 400
Tangible assets 5 4,708 5,954
4,908 6,354

CURRENT ASSETS
Stocks 1,000 2,000
Debtors 6 1,340 4,928
Cash at bank and in hand 11,112 30,368
13,452 37,296
CREDITORS
Amounts falling due within one year 7 22,392 43,489
NET CURRENT LIABILITIES (8,940 ) (6,193 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,032

)

161

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (4,132 ) 61
SHAREHOLDERS' FUNDS (4,032 ) 161

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

M & A Home Improvements Limited (Registered number: 09424873)

Balance Sheet - continued
29 February 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by:




A G Bagshaw - Director



M A Bagshaw - Director


M & A Home Improvements Limited (Registered number: 09424873)

Notes to the Financial Statements
for the Year Ended 29 February 2024


1. STATUTORY INFORMATION

M & A Home Improvements Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


M & A Home Improvements Limited (Registered number: 09424873)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 1,200
AMORTISATION
At 1 March 2023 800
Charge for year 200
At 29 February 2024 1,000
NET BOOK VALUE
At 29 February 2024 200
At 28 February 2023 400

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023
and 29 February 2024 12,322 2,529 534 15,385
DEPRECIATION
At 1 March 2023 7,275 1,730 426 9,431
Charge for year 1,009 201 36 1,246
At 29 February 2024 8,284 1,931 462 10,677
NET BOOK VALUE
At 29 February 2024 4,038 598 72 4,708
At 28 February 2023 5,047 799 108 5,954

M & A Home Improvements Limited (Registered number: 09424873)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 750 4,928
Other debtors 590 -
1,340 4,928

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors (1 ) -
Taxation and social security - 780
Other creditors 22,393 42,709
22,392 43,489