Registered Number:03539672 |
For the year ended 02 April 2024
England and Wales
Unaudited Financial Statements
For the year ended 02 April 2024
MRO Projects Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
MRO Projects Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
250
325
2
250
325
Trade and other receivables |
44,799
42,036
3
42,036
44,799
Trade and other payables: amounts falling due within one |
year |
(34,520)
(36,333)
4
10,279
5,703
Net current assets
Total assets less current liabilities |
5,953
10,604
Trade and other payables: amounts falling due after more |
than one year |
(9,935)
(5,810)
5
(47)
(62)
Provisions for liabilities |
96
Net assets
607
2
2
94
605
96
607
Shareholders' funds
For the year ended 02 April 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 ended 02 April 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 21 November 2024 and were signed by: |
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For the year ended 02 April 2024
MRO Projects Ltd
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 5
For the year ended 02 April 2024
MRO Projects Ltd
Notes to the Financial Statements
Statutory Information
MRO Projects Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 03539672. |
2 Dean Way
Holmer Green
High Wycombe
Buckinghamshire
HP15 6TR
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
2. Property, plant and equipment |
5,123
5,123
Provision for depreciation and impairment |
4,798
Charge for year
75
4,873
250
325
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For the year ended 02 April 2024
MRO Projects Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables |
2023
2024
4,320
9,600
37,716
35,199
44,799
42,036
4. Trade and other payables: amounts falling due within one year |
2023
2024
12,007
10,595
686
661
Taxation and social security |
23,473
22,397
Accruals and deferred income |
167
167
-
700
36,333
34,520
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
5,810
9,935
-
-
5,810
9,935
6. Directors advances and guarantees |
Loaned
Repaid
Mr M Osborne
Director's Loan Account
18,483
17,201
43,880
42,598
18,483
17,201
43,880
42,598
Mrs L Osborne
Director's Loan Account
18,483
17,200
43,880
42,597
18,483
17,200
43,880
42,597
7. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 3)
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For the year ended 02 April 2024
MRO Projects Ltd
Notes to the Financial Statements Continued
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