Company Registration No. 13093148 (England and Wales)
Mutch Engineering Ltd
Unaudited accounts
for the year ended 31 December 2023
Mutch Engineering Ltd
Unaudited accounts
Contents
Mutch Engineering Ltd
Company Information
for the year ended 31 December 2023
Directors
Julias Mutangadura
Godwin Chaparadza
Company Number
13093148 (England and Wales)
Registered Office
10 WOODCOTE COURT WOODCOTE ROAD
WALLINGTON
SM6 0PL
ENGLAND
Accountants
AJK Accounting Services Ltd
6 Coatham Road
Stockton on Tees
Cleveland
TS19 8QY
Accountants' report to the board of directors on the preparation of the unaudited statutory statements of Mutch Engineering Ltd (The Company) for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 December 2023 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to the board of directors of the company, as a body, in accordance with the terms of our letter of engagement dated 1 October 2022. Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to the board of directors of the company as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its board of directors as a body for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the requirement to have a statutory audit for the year ended 31 December 2023.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
AJK Accounting Services Ltd
Financial Accountants
6 Coatham Road
Stockton on Tees
Cleveland
TS19 8QY
23 September 2024
Mutch Engineering Ltd
Statement of financial position
as at 31 December 2023
Called up share capital not paid
1
1
Cash at bank and in hand
2,036
73
Creditors: amounts falling due within one year
(935)
(1,180)
Net current assets
29,356
6,303
Profit and loss account
30,773
7,291
Shareholders' funds
30,773
7,291
For the year ending 31 December 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 24 September 2024 and were signed on its behalf by
Julias Mutangadura
Director
Company Registration No. 13093148
Mutch Engineering Ltd
Notes to the Accounts
for the year ended 31 December 2023
Mutch Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 13093148. The registered office is 10 WOODCOTE COURT WOODCOTE ROAD, WALLINGTON, SM6 0PL, ENGLAND.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
Fixtures & fittings
Mutch Engineering Ltd
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).