IRIS Accounts Production v24.1.0.578 10245225 director 1.5.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh102452252023-04-30102452252024-03-31102452252023-05-012024-03-31102452252022-04-30102452252022-05-012023-04-30102452252023-04-3010245225ns15:EnglandWales2023-05-012024-03-3110245225ns14:PoundSterling2023-05-012024-03-3110245225ns10:Director12023-05-012024-03-3110245225ns10:PrivateLimitedCompanyLtd2023-05-012024-03-3110245225ns10:SmallEntities2023-05-012024-03-3110245225ns10:AuditExempt-NoAccountantsReport2023-05-012024-03-3110245225ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-03-3110245225ns10:SmallCompaniesRegimeForAccounts2023-05-012024-03-3110245225ns10:FullAccounts2023-05-012024-03-3110245225ns10:RegisteredOffice2023-05-012024-03-3110245225ns5:CurrentFinancialInstruments2024-03-3110245225ns5:CurrentFinancialInstruments2023-04-3010245225ns5:Non-currentFinancialInstruments2024-03-3110245225ns5:Non-currentFinancialInstruments2023-04-3010245225ns5:ShareCapital2024-03-3110245225ns5:ShareCapital2023-04-3010245225ns5:RetainedEarningsAccumulatedLosses2024-03-3110245225ns5:RetainedEarningsAccumulatedLosses2023-04-3010245225ns5:MotorVehicles2023-05-012024-03-3110245225ns5:MotorVehicles2023-04-3010245225ns5:MotorVehicles2024-03-3110245225ns5:MotorVehicles2023-04-3010245225ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3110245225ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3010245225ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3110245225ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-04-30
REGISTERED NUMBER: 10245225 (England and Wales)















REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2023 TO 31 MARCH 2024

FOR

MOLEHILL WASTE CLEARANCE LIMITED

MOLEHILL WASTE CLEARANCE LIMITED (REGISTERED NUMBER: 10245225)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MAY 2023 TO 31 MARCH 2024










Page

Company Information 1

Report of the Director 2

Balance Sheet 3

Notes to the Financial Statements 5


MOLEHILL WASTE CLEARANCE LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 MAY 2023 TO 31 MARCH 2024







DIRECTOR: Mr B M Mitchell





REGISTERED OFFICE: 584 Wellsway
Bath
Somerset
BA2 2UE





REGISTERED NUMBER: 10245225 (England and Wales)





ACCOUNTANTS: JRS Accountants Limited
584 Wellsway
Bath
Somerset
BA2 2UE

MOLEHILL WASTE CLEARANCE LIMITED (REGISTERED NUMBER: 10245225)

REPORT OF THE DIRECTOR
FOR THE PERIOD 1 MAY 2023 TO 31 MARCH 2024


The director presents his report with the financial statements of the company for the period 1 May 2023 to 31 March 2024.

DIRECTOR
Mr B M Mitchell held office during the whole of the period from 1 May 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr B M Mitchell - Director


17 October 2024

MOLEHILL WASTE CLEARANCE LIMITED (REGISTERED NUMBER: 10245225)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 20,180 26,179

CURRENT ASSETS
Debtors 5 49,732 10,431
Cash at bank 4,608 28,921
54,340 39,352
CREDITORS
Amounts falling due within one year 6 (19,620 ) (18,823 )
NET CURRENT ASSETS 34,720 20,529
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,900

46,708

CREDITORS
Amounts falling due after more than one
year

7

(9,235

)

(15,770

)

PROVISIONS FOR LIABILITIES (3,799 ) (4,932 )
NET ASSETS 41,866 26,006

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 41,766 25,906
SHAREHOLDERS' FUNDS 41,866 26,006

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

MOLEHILL WASTE CLEARANCE LIMITED (REGISTERED NUMBER: 10245225)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 October 2024 and were signed by:





Mr B M Mitchell - Director


MOLEHILL WASTE CLEARANCE LIMITED (REGISTERED NUMBER: 10245225)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MAY 2023 TO 31 MARCH 2024


1. STATUTORY INFORMATION

Molehill Waste Clearance 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.

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.
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the period 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 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 period 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

MOLEHILL WASTE CLEARANCE LIMITED (REGISTERED NUMBER: 10245225)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MAY 2023 TO 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 May 2023
and 31 March 2024 47,790
DEPRECIATION
At 1 May 2023 21,611
Charge for period 5,999
At 31 March 2024 27,610
NET BOOK VALUE
At 31 March 2024 20,180
At 30 April 2023 26,179

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,760 8,102
Amounts owed by group undertakings 23,161 -
Directors' current accounts 22,811 -
Tax - 111
Prepayments - 2,218
49,732 10,431

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 7,054 6,854
Trade creditors 2,755 4,589
Tax 5,111 1,969
VAT 3,350 4,130
Other creditors - 181
Directors' current accounts - 50
Accruals and deferred income 1,350 1,050
19,620 18,823

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 9,235 15,770