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REGISTERED NUMBER: 10107579 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

M Buck Property Services Ltd

M Buck Property Services Ltd (Registered number: 10107579)






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

Report of the Accountants 7

M Buck Property Services Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Miss S L Brinley
Mr M R Buck





REGISTERED OFFICE: 3 Clover House
Boston Road
Sleaford
Lincolnshire
NG34 7HD





REGISTERED NUMBER: 10107579 (England and Wales)





ACCOUNTANTS: D Hubbard Accountancy Limited
3 Clover House
Boston Road
Sleaford
Lincolnshire
NG34 7HD

M Buck Property Services Ltd (Registered number: 10107579)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,889 2,585

CURRENT ASSETS
Stocks 4,000 -
Debtors 5 73,484 73,868
Cash at bank 64,559 69,275
142,043 143,143
CREDITORS
Amounts falling due within one year 6 132,074 123,224
NET CURRENT ASSETS 9,969 19,919
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,858

22,504

CREDITORS
Amounts falling due after more than one
year

7

12,417

21,667
NET ASSETS 441 837

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 440 836
SHAREHOLDERS' FUNDS 441 837

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 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.

M Buck Property Services Ltd (Registered number: 10107579)

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 Board of Directors and authorised for issue on 20 November 2024 and were signed on its behalf by:





Mr M R Buck - Director


M Buck Property Services Ltd (Registered number: 10107579)

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

1. STATUTORY INFORMATION

M Buck Property Services 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.

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.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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.

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 year was 2 (2023 - 2 ) .

M Buck Property Services Ltd (Registered number: 10107579)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 10,169
Additions 1,385
At 31 March 2024 11,554
DEPRECIATION
At 1 April 2023 7,584
Charge for year 1,081
At 31 March 2024 8,665
NET BOOK VALUE
At 31 March 2024 2,889
At 31 March 2023 2,585

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 28,745 16,673
Other debtors 36,868 36,868
Rent deposit 900 900
Directors' current accounts - 13,294
VAT 6,971 6,133
73,484 73,868

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 17,174 5,766
Tax 38,230 60,215
Social security and other taxes 64,406 45,213
Directors' current accounts 89 -
Accrued expenses 2,175 2,030
132,074 123,224

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 2-5 years 12,417 21,667

M Buck Property Services Ltd (Registered number: 10107579)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Mr M R Buck and Miss S L Brinley
Balance outstanding at start of year 13,294 46,353
Amounts advanced - 13,294
Amounts repaid (13,294 ) (46,353 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 13,294

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £94,600 were paid to the directors .

M Buck Property Services Ltd

Report of the Accountants to the Directors of
M Buck Property Services Ltd

The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages two to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






D Hubbard Accountancy Limited
3 Clover House
Boston Road
Sleaford
Lincolnshire
NG34 7HD


20 November 2024