Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30truetrue2022-11-28The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.0falseNo description of principal activity0false 14510343 2022-11-28 2023-11-30 14510343 2021-11-28 2022-11-27 14510343 2023-11-30 14510343 2022-11-27 14510343 c:Director1 2022-11-28 2023-11-30 14510343 d:PlantMachinery 2022-11-28 2023-11-30 14510343 d:PlantMachinery 2023-11-30 14510343 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-11-28 2023-11-30 14510343 d:CurrentFinancialInstruments 2023-11-30 14510343 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 14510343 d:ShareCapital 2022-11-28 2023-11-30 14510343 d:ShareCapital 2023-11-30 14510343 d:RetainedEarningsAccumulatedLosses 2022-11-28 2023-11-30 14510343 d:RetainedEarningsAccumulatedLosses 2023-11-30 14510343 d:AcceleratedTaxDepreciationDeferredTax 2023-11-30 14510343 c:FRS102 2022-11-28 2023-11-30 14510343 c:AuditExempt-NoAccountantsReport 2022-11-28 2023-11-30 14510343 c:FullAccounts 2022-11-28 2023-11-30 14510343 c:CompanyLimitedByGuarantee 2022-11-28 2023-11-30 14510343 e:PoundSterling 2022-11-28 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 14510343









MUCKSUCKER LTD
(A Company Limited by Guarantee)







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 NOVEMBER 2023

 
MUCKSUCKER LTD
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 14510343

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
1,934

  
1,934

Current assets
  

Stocks
 5 
837

Debtors: amounts falling due within one year
 6 
9,870

Cash at bank and in hand
 7 
11,060

  
21,767

Creditors: amounts falling due within one year
 8 
(5,732)

Net current assets
  
 
 
16,035

Total assets less current liabilities
  
17,969

Provisions for liabilities
  

Deferred tax
 9 
(484)

  
 
 
(484)

Net assets
  
17,485


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
17,385

  
17,485


Page 1

 
MUCKSUCKER LTD
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 14510343
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2023

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

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.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


G D Power
Director

Date: 10 January 2025

The notes on pages 4 to 9 form part of these financial statements.

Page 2

 
MUCKSUCKER LTD
 
(A Company Limited by Guarantee)
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 NOVEMBER 2023


Called up share capital
Profit and loss account
Total equity

£
£
£



Profit for the period
-
17,385
17,385

Shares issued during the period
100
-
100


At 30 November 2023
100
17,385
17,485

The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
MUCKSUCKER LTD

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

1.


General information

Mucksucker Limited (the "Company") is a company incorporated in England and Wales and has a registered office and principal place of business at Queen Elizabeth Drive, Oswestry, Shropshire, SY11 2UQ.
The principal activity of the Company is that of manufacturing, supplying, and repairing industrial dry waste vaccums.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are presented in GBP (£), the Company's functional and presentational currency, and have been rounded to the nearest £.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Directors have, at the time of approving the financial statements, a reasonable expectation that the Company will be able to continue in operational existence and meet its ongoing liabilities as they fall due for the foreseeable future. Therefore, the financial statements have been prepared on a going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Sale of goods
 
Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Page 4

 
MUCKSUCKER LTD

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)


2.3
Revenue (continued)

Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Statement of Financial Position date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 5

 
MUCKSUCKER LTD

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
10%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first outbasis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees



The Company has no employees other than the Directors, who did not receive any remuneration.

Page 6

 
MUCKSUCKER LTD

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


Additions
1,950



At 30 November 2023

1,950



Depreciation


Charge for the period on owned assets
16



At 30 November 2023

16



Net book value



At 30 November 2023
1,934

Page 7

 
MUCKSUCKER LTD

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

5.


Stocks

2023
£

Raw materials and consumables
837



6.


Debtors

2023
£


Other debtors
9,836

Tax recoverable
34

9,870



7.


Cash and cash equivalents

2023
£

Cash at bank and in hand
11,060



8.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
135

Accruals and deferred income
1,000

Other taxation and social security
634

Corporation tax
3,963

5,732


Page 8

 
MUCKSUCKER LTD

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

9.


Deferred taxation



2023


£






At beginning of year
-


Charged to profit or loss
(484)



At end of year
(484)

The deferred taxation balance is made up as follows:

2023
£


Accelerated capital allowances
(484)

 
Page 9