Company registration number 07176587 (England and Wales)
BOB MASSEY ASSOCIATES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
30-31 St. James Place
Mangotsfield
Bristol
United Kingdom
BS16 9JB
BOB MASSEY ASSOCIATES LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 6
BOB MASSEY ASSOCIATES LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mr R C F Massey
Mrs L R Massey
Company number
07176587
Registered office
TC Group
30-31 St. James Place
Mangotsfield
Bristol
United Kingdom
BS16 9JB
Accountants
TC Group
30-31 St. James Place
Mangotsfield
Bristol
United Kingdom
BS16 9JB
BOB MASSEY ASSOCIATES LIMITED
BALANCE SHEET
AS AT
30 JUNE 2024
30 June 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
17,802
23,317
Current assets
Debtors
4
-
0
495
Cash at bank and in hand
29,231
18,514
29,231
19,009
Creditors: amounts falling due within one year
5
(29,363)
(26,325)
Net current liabilities
(132)
(7,316)
Total assets less current liabilities
17,670
16,001
Provisions for liabilities
(3,383)
(4,430)
Net assets
14,287
11,571
Capital and reserves
Called up share capital
85
85
Profit and loss reserves
14,202
11,486
Total equity
14,287
11,571
BOB MASSEY ASSOCIATES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2024
30 June 2024
- 3 -

For the financial year ended 30 June 2024 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 27 October 2024 and are signed on its behalf by:
Mr R C F Massey
Mrs L R Massey
Director
Director
Company registration number 07176587 (England and Wales)
BOB MASSEY ASSOCIATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 4 -
1
Accounting policies
Company information

Bob Massey Associates Limited is a private company limited by shares incorporated in England and Wales. The registered office is 30 - 31 St James Place, Mangotsfield, Bristol, England, BS16 9JB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% on reducing balance
Computers
15% on reducing balance
Motor vehicles
25% on reducing balance
1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

BOB MASSEY ASSOCIATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
1
Accounting policies
(Continued)
- 5 -
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.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
3
Tangible fixed assets
Plant and equipment
Computers
Motor vehicles
Total
£
£
£
£
Cost
At 1 July 2023 and 30 June 2024
1,278
8,174
27,500
36,952
Depreciation and impairment
At 1 July 2023
1,211
5,119
7,305
13,635
Depreciation charged in the year
16
450
5,049
5,515
At 30 June 2024
1,227
5,569
12,354
19,150
Carrying amount
At 30 June 2024
51
2,605
15,146
17,802
At 30 June 2023
67
3,055
20,195
23,317
BOB MASSEY ASSOCIATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 6 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
-
0
495
5
Creditors: amounts falling due within one year
2024
2023
£
£
Taxation and social security
4,917
4,021
Other creditors
24,446
22,304
29,363
26,325
2024-06-302023-07-01false27 October 2024CCH SoftwareCCH Accounts Production 2024.210No description of principal activityMr R C F MasseyMrs L R Masseyfalsefalse071765872023-07-012024-06-3007176587bus:Director12023-07-012024-06-3007176587bus:Director22023-07-012024-06-30071765872024-06-30071765872023-06-3007176587core:PlantMachinery2024-06-3007176587core:ComputerEquipment2024-06-3007176587core:MotorVehicles2024-06-3007176587core:PlantMachinery2023-06-3007176587core:ComputerEquipment2023-06-3007176587core:MotorVehicles2023-06-3007176587core:CurrentFinancialInstrumentscore:WithinOneYear2024-06-3007176587core:CurrentFinancialInstrumentscore:WithinOneYear2023-06-3007176587core:CurrentFinancialInstruments2024-06-3007176587core:CurrentFinancialInstruments2023-06-3007176587core:ShareCapital2024-06-3007176587core:ShareCapital2023-06-3007176587core:RetainedEarningsAccumulatedLosses2024-06-3007176587core:RetainedEarningsAccumulatedLosses2023-06-3007176587core:PlantMachinery2023-07-012024-06-3007176587core:ComputerEquipment2023-07-012024-06-3007176587core:MotorVehicles2023-07-012024-06-30071765872022-07-012023-06-3007176587core:PlantMachinery2023-06-3007176587core:ComputerEquipment2023-06-3007176587core:MotorVehicles2023-06-30071765872023-06-3007176587bus:PrivateLimitedCompanyLtd2023-07-012024-06-3007176587bus:SmallCompaniesRegimeForAccounts2023-07-012024-06-3007176587bus:FRS1022023-07-012024-06-3007176587bus:AuditExemptWithAccountantsReport2023-07-012024-06-3007176587bus:FullAccounts2023-07-012024-06-30xbrli:purexbrli:sharesiso4217:GBP