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REGISTERED NUMBER: 07950883 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

MOULAND & YATES LIMITED

MOULAND & YATES LIMITED (REGISTERED NUMBER: 07950883)

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


MOULAND & YATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: V Mouland
G C Yates





SECRETARY: Mrs DP Mouland





REGISTERED OFFICE: First Floor Secure House
Lulworth Close
Chandler's Ford
Hampshire
SO53 3TL





REGISTERED NUMBER: 07950883 (England and Wales)





ACCOUNTANTS: Xeinadin South East Limited
First Floor Secure House
Lulworth Close
Chandler's Ford
Hampshire
SO53 3TL

MOULAND & YATES LIMITED (REGISTERED NUMBER: 07950883)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 389,805 401,489

CURRENT ASSETS
Debtors 5 60,098 86,095
Cash at bank 102,699 133,117
162,797 219,212
CREDITORS
Amounts falling due within one year 6 108,971 100,211
NET CURRENT ASSETS 53,826 119,001
TOTAL ASSETS LESS CURRENT
LIABILITIES

443,631

520,490

CREDITORS
Amounts falling due after more than
one year

7

189,306

168,914
NET ASSETS 254,325 351,576

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 254,125 351,376
254,325 351,576

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.

MOULAND & YATES LIMITED (REGISTERED NUMBER: 07950883)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by:




V Mouland - Director



G C Yates - Director


MOULAND & YATES LIMITED (REGISTERED NUMBER: 07950883)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Mouland & Yates 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.
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - at varying rates on cost
Office equipment - 20% on cost

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period, financial instruments are assessed for evidence of impairment and changes are recognised in the Statement of Income and Retained Earnings.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

MOULAND & YATES LIMITED (REGISTERED NUMBER: 07950883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Office
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 206,813 23,942 339,548 8,086 578,389
Additions - - 83,537 1,211 84,748
Disposals - - (1,200 ) - (1,200 )
At 31 March 2024 206,813 23,942 421,885 9,297 661,937
DEPRECIATION
At 1 April 2023 137,687 19,649 15,909 3,655 176,900
Charge for year 16,509 1,324 76,781 618 95,232
At 31 March 2024 154,196 20,973 92,690 4,273 272,132
NET BOOK VALUE
At 31 March 2024 52,617 2,969 329,195 5,024 389,805
At 31 March 2023 69,126 4,293 323,639 4,431 401,489

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 56,580 82,577
Other debtors 3,518 3,518
60,098 86,095

MOULAND & YATES LIMITED (REGISTERED NUMBER: 07950883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 9,998 9,999
Hire purchase contracts 25,402 28,553
Trade creditors - 1
Taxation and social security 69,409 58,822
Other creditors 4,162 2,836
108,971 100,211

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 11,667 21,667
Hire purchase contracts 177,639 147,247
189,306 168,914