Company Registration No. 11044971 (England and Wales)
M-BLAST IND SHOT BLASTING LTD
Unaudited accounts
for the year ended 30 November 2023
M-BLAST IND SHOT BLASTING LTD
Unaudited accounts
Contents
M-BLAST IND SHOT BLASTING LTD
Company Information
for the year ended 30 November 2023
Company Number
11044971 (England and Wales)
Registered Office
31a
fir view road
cinderford
gl14 3al
United Kingdom
M-BLAST IND SHOT BLASTING LTD
Statement of financial position
as at 30 November 2023
Tangible assets
42,084
49,144
Cash at bank and in hand
18,400
13,958
Creditors: amounts falling due within one year
(16,345)
(12,076)
Net current assets
33,655
22,888
Total assets less current liabilities
75,739
72,032
Creditors: amounts falling due after more than one year
(8,453)
(12,442)
Called up share capital
1
1
Profit and loss account
67,285
59,589
Shareholders' funds
67,286
59,590
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 27 August 2024 and were signed on its behalf by
MARTIN GARDINER
Director
Company Registration No. 11044971
M-BLAST IND SHOT BLASTING LTD
Notes to the Accounts
for the year ended 30 November 2023
M-BLAST IND SHOT BLASTING LTD is a private company, limited by shares, registered in England and Wales, registration number 11044971. The registered office is 31a, fir view road, cinderford, gl14 3al, 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.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
70,632
7,000
1,217
78,849
At 30 November 2023
70,632
7,000
1,217
78,849
At 1 December 2022
28,050
1,400
255
29,705
Charge for the year
5,610
1,400
50
7,060
At 30 November 2023
33,660
2,800
305
36,765
At 30 November 2023
36,972
4,200
912
42,084
At 30 November 2022
42,582
5,600
962
49,144
Amounts falling due within one year
Other debtors
31,600
1,514
M-BLAST IND SHOT BLASTING LTD
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,500
5,500
Taxes and social security
9,265
5,220
Loans from directors
(5,000)
(5,000)
7
Creditors: amounts falling due after more than one year
2023
2022
government loan of 25k repayable over 5 years. (bbbl)
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).