MIDSUMMER DRYLINING LIMITED

Company Registration Number:
09957974 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

MIDSUMMER DRYLINING LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

MIDSUMMER DRYLINING LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 433,050 220,061
Investments:   0 0
Total fixed assets: 433,050 220,061
Current assets
Stocks: 40,300 41,258
Debtors: 4 1,364,328 1,176,887
Cash at bank and in hand: 817,054 449,498
Investments:   0 0
Total current assets: 2,221,682 1,667,643
Creditors: amounts falling due within one year: 5 (1,097,493) (727,484)
Net current assets (liabilities): 1,124,189 940,159
Total assets less current liabilities: 1,557,239 1,160,220
Creditors: amounts falling due after more than one year: 6 (328,387) (146,847)
Provision for liabilities: 0 0
Total net assets (liabilities): 1,228,852 1,013,373
Capital and reserves
Called up share capital: 100 100
Share premium account: 74,990 74,990
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 1,153,762 938,283
Shareholders funds: 1,228,852 1,013,373

The notes form part of these financial statements

MIDSUMMER DRYLINING LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 August 2024
and signed on behalf of the board by:

Name: D McLOUGHLIN
Status: Director

The notes form part of these financial statements

MIDSUMMER DRYLINING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MIDSUMMER DRYLINING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 10 6

MIDSUMMER DRYLINING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 262,994
Additions 261,909
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2024 524,903
Depreciation
At 01 April 2023 42,933
Charge for year 48,920
On disposals 0
Other adjustments 0
At 31 March 2024 91,853
Net book value
At 31 March 2024 433,050
At 31 March 2023 220,061

MIDSUMMER DRYLINING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

MIDSUMMER DRYLINING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

Bank Loan/Overdraft £6000.HP £47509.Trade £486938.Associates £13000.Tax 114254.Others 429792.

MIDSUMMER DRYLINING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due after more than one year note

Bank Loans £27989. HP £300398.