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REGISTERED NUMBER: 08014319 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Midlands Gas Assessments Birmingham Ltd

Midlands Gas Assessments Birmingham Ltd (Registered number: 08014319)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Midlands Gas Assessments Birmingham Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: J F Carney





REGISTERED OFFICE: Unit 1 Mainstream, 47 Industrial Estate
Mainstream Way
Nechells
Birmingham
B7 4SN





REGISTERED NUMBER: 08014319 (England and Wales)





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

Midlands Gas Assessments Birmingham Ltd (Registered number: 08014319)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 39,000 49,250
Tangible assets 5 62,809 16,207
101,809 65,457

CURRENT ASSETS
Debtors 6 13,280 19,192
Cash at bank 48,597 56,946
61,877 76,138
CREDITORS
Amounts falling due within one year 7 (49,291 ) (33,418 )
NET CURRENT ASSETS 12,586 42,720
TOTAL ASSETS LESS CURRENT
LIABILITIES

114,395

108,177

CREDITORS
Amounts falling due after more than one
year

8

(29,366

)

-
NET ASSETS 85,029 108,177

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 84,929 108,077
SHAREHOLDERS' FUNDS 85,029 108,177

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Midlands Gas Assessments Birmingham Ltd (Registered number: 08014319)

Balance Sheet - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 July 2024 and were signed by:





J F Carney - Director


Midlands Gas Assessments Birmingham Ltd (Registered number: 08014319)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Midlands Gas Assessments Birmingham Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
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 Profit and Loss Account, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Midlands Gas Assessments Birmingham Ltd (Registered number: 08014319)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 102,500
AMORTISATION
At 1 April 2023 53,250
Amortisation for year 10,250
At 31 March 2024 63,500
NET BOOK VALUE
At 31 March 2024 39,000
At 31 March 2023 49,250

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2023 18,468 78,004 96,472
Additions - 75,349 75,349
Disposals - (78,004 ) (78,004 )
At 31 March 2024 18,468 75,349 93,817
DEPRECIATION
At 1 April 2023 10,071 70,194 80,265
Charge for year 2,100 18,837 20,937
Eliminated on disposal - (70,194 ) (70,194 )
At 31 March 2024 12,171 18,837 31,008
NET BOOK VALUE
At 31 March 2024 6,297 56,512 62,809
At 31 March 2023 8,397 7,810 16,207

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,280 9,192
Other debtors 10,000 10,000
13,280 19,192

Midlands Gas Assessments Birmingham Ltd (Registered number: 08014319)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 9,525 -
Trade creditors 6,277 11,274
Taxation and social security 27,545 16,278
Other creditors 5,944 5,866
49,291 33,418

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 29,366 -

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Midlands Gas Assessments Birmingham Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Midlands Gas Assessments Birmingham Ltd for the year ended 31 March 2024 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Midlands Gas Assessments Birmingham Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Midlands Gas Assessments Birmingham Ltd and state those matters that we have agreed to state to the director of Midlands Gas Assessments Birmingham Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Midlands Gas Assessments Birmingham Ltd and its director for our work or for this report.

It is your duty to ensure that Midlands Gas Assessments Birmingham Ltd 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 profit of Midlands Gas Assessments Birmingham Ltd. You consider that Midlands Gas Assessments Birmingham Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Midlands Gas Assessments Birmingham Ltd. 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.






Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


25 July 2024