IRIS Accounts Production v24.2.0.383 13061162 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh130611622022-12-31130611622023-12-31130611622023-01-012023-12-31130611622021-12-31130611622022-01-012022-12-31130611622022-12-3113061162ns15:EnglandWales2023-01-012023-12-3113061162ns14:PoundSterling2023-01-012023-12-3113061162ns10:Director12023-01-012023-12-3113061162ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3113061162ns10:SmallEntities2023-01-012023-12-3113061162ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3113061162ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3113061162ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3113061162ns10:AbridgedAccounts2023-01-012023-12-3113061162ns10:OrdinaryShareClass12023-01-012023-12-3113061162ns10:Director22023-01-012023-12-3113061162ns10:RegisteredOffice2023-01-012023-12-3113061162ns5:CurrentFinancialInstruments2023-12-3113061162ns5:CurrentFinancialInstruments2022-12-3113061162ns5:Non-currentFinancialInstruments2023-12-3113061162ns5:Non-currentFinancialInstruments2022-12-3113061162ns5:ShareCapital2023-12-3113061162ns5:ShareCapital2022-12-3113061162ns5:RetainedEarningsAccumulatedLosses2023-12-3113061162ns5:RetainedEarningsAccumulatedLosses2022-12-3113061162ns5:PlantMachinery2023-01-012023-12-3113061162ns5:MotorVehicles2023-01-012023-12-3113061162ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3113061162ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3113061162ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-12-3113061162ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 13061162 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Midland Plastering Contractors Limited

Midland Plastering Contractors Limited (Registered number: 13061162)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Midland Plastering Contractors Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: J Adams
A M Williams





REGISTERED OFFICE: 14, The Oaks
Clews Road
Redditch
Worcestershire
B98 7ST





REGISTERED NUMBER: 13061162 (England and Wales)





ACCOUNTANTS: Davies Archytas Accountants Ltd
14, The Oaks
Clews Road
Redditch
Worcestershire
B98 7ST

Midland Plastering Contractors Limited (Registered number: 13061162)

Abridged Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,169 17,360

CURRENT ASSETS
Debtors 24,863 22,748
Cash at bank 2,302 8,078
27,165 30,826
CREDITORS
Amounts falling due within one year 28,499 21,930
NET CURRENT (LIABILITIES)/ASSETS (1,334 ) 8,896
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,835

26,256

CREDITORS
Amounts falling due after more than one
year

10,564

10,978
NET ASSETS 1,271 15,278

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 1,171 15,178
SHAREHOLDERS' FUNDS 1,271 15,278

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

Midland Plastering Contractors Limited (Registered number: 13061162)

Abridged Statement of Financial Position - continued
31 December 2023


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 8 July 2024 and were signed on its behalf by:





A M Williams - Director


Midland Plastering Contractors Limited (Registered number: 13061162)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Midland Plastering Contractors 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Midland Plastering Contractors Limited (Registered number: 13061162)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 26,750
DEPRECIATION
At 1 January 2023 9,390
Charge for year 4,191
At 31 December 2023 13,581
NET BOOK VALUE
At 31 December 2023 13,169
At 31 December 2022 17,360

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 January 2023
and 31 December 2023 11,400
DEPRECIATION
At 1 January 2023 2,850
Charge for year 2,138
At 31 December 2023 4,988
NET BOOK VALUE
At 31 December 2023 6,412
At 31 December 2022 8,550

5. LOANS

An analysis of the maturity of loans is given below:

31.12.23 31.12.22
£    £   
Amounts falling due within one year or on demand:
Other loans 13,327 -

Amounts falling due between one and two years:
Other loans - 1-2 years 4,444 -

Midland Plastering Contractors Limited (Registered number: 13061162)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Hire purchase contracts 10,978 15,845

Hire purchase liabilities are secured upon the assets in which they relate.

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

8. ULTIMATE CONTROLLING PARTY

During the financial year the controlling parties were the directors by virtue of their 100% ownership of the issued share capital of the company.