MASTERBUILD PRODUCTS LIMITED

Company Registration Number:
06334567 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

MASTERBUILD PRODUCTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

MASTERBUILD PRODUCTS LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 23,251 38,784
Total fixed assets: 23,251 38,784
Current assets
Stocks: 529,456 496,875
Debtors:   1,582,338 952,134
Cash at bank and in hand: 610,964 576,435
Total current assets: 2,722,758 2,025,444
Creditors: amounts falling due within one year:   (605,557) (363,528)
Net current assets (liabilities): 2,117,201 1,661,916
Total assets less current liabilities: 2,140,452 1,700,700
Creditors: amounts falling due after more than one year:   (11,674) (11,674)
Total net assets (liabilities): 2,128,778 1,689,026
Capital and reserves
Called up share capital: 502,500 502,500
Profit and loss account: 1,626,278 1,186,526
Shareholders funds: 2,128,778 1,689,026

The notes form part of these financial statements

MASTERBUILD PRODUCTS LIMITED

Balance sheet statements

For the year ending 31 December 2023 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 27 September 2024
and signed on behalf of the board by:

Name: Michelle Kelly
Status: Director

The notes form part of these financial statements

MASTERBUILD PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

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

MASTERBUILD PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 11 11

MASTERBUILD PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 738,834
At 31 December 2023 738,834
Depreciation
At 01 January 2023 700,050
Charge for year 15,533
At 31 December 2023 715,583
Net book value
At 31 December 2023 23,251
At 31 December 2022 38,784