REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2024 |
FOR |
MYTUM AND SELBY (GOOLE) LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2024 |
FOR |
MYTUM AND SELBY (GOOLE) LIMITED |
MYTUM AND SELBY (GOOLE) LIMITED (REGISTERED NUMBER: 04350594) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH APRIL 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
MYTUM AND SELBY (GOOLE) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30TH APRIL 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
1 Village Courtyard |
High Street |
Holme on Spalding Moor |
York |
North Yorkshire |
YO43 4AA |
MYTUM AND SELBY (GOOLE) LIMITED (REGISTERED NUMBER: 04350594) |
BALANCE SHEET |
30TH APRIL 2024 |
30.4.24 | 30.4.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
MYTUM AND SELBY (GOOLE) LIMITED (REGISTERED NUMBER: 04350594) |
BALANCE SHEET - continued |
30TH APRIL 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
MYTUM AND SELBY (GOOLE) LIMITED (REGISTERED NUMBER: 04350594) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH APRIL 2024 |
1. | STATUTORY INFORMATION |
Mytum and Selby (Goole) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Land and buildings | - |
Plant and machinery etc | - |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
MYTUM AND SELBY (GOOLE) LIMITED (REGISTERED NUMBER: 04350594) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30TH APRIL 2024 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Freehold | Plant and | and | Motor |
property | machinery | fittings | vehicles | Totals |
£ | £ | £ | £ | £ |
COST |
At 1st May 2023 |
Additions |
At 30th April 2024 |
DEPRECIATION |
At 1st May 2023 |
Charge for year |
At 30th April 2024 |
NET BOOK VALUE |
At 30th April 2024 |
At 30th April 2023 |
Included in cost of land and buildings is freehold land of £ 1,154,065 (2023 - £ 824,764 ) which is not depreciated. |
The director's consider that the open market value of the land is at least equal to the value stated in the balance sheet. |
5. | DEBTORS |
30.4.24 | 30.4.23 |
£ | £ |
Amounts falling due within one year: |
Trade debtors |
VAT |
Prepayments and accrued income |
Amounts falling due after more than one year: |
Other debtors |
Aggregate amounts |
MYTUM AND SELBY (GOOLE) LIMITED (REGISTERED NUMBER: 04350594) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30TH APRIL 2024 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.24 | 30.4.23 |
£ | £ |
Trade creditors |
Tax |
Social security and other taxes |
VAT | - | 8,923 |
Loan - Mytum and Selby Waste |
Recycling Limited |
Loan - The Maltings Organic |
Treatment Limited | 6,352 | 6,352 |
Accrued expenses |
7. | RELATED PARTY DISCLOSURES |
Throughout the course of the year no further payments were made by Mytum and Selby Waste Recycling Limited on behalf of the company. The balance owing to Mytum and Selby Limited at the balance sheet date was £ 792.989 and this is shown in other creditors. |
In addition the company traded with Mytum and Selby Waste Recycling Limited. All services were invoiced at the appropriate market rate and paid for under normal credit periods. There was a balance owing by the company at the balance sheet date of £ 100,283 and this is shown within Trade Creditors. Mytum and Selby Waste Recycling Limited owed the company £ 35,872 and this is shown in Trade Debtors. |
The company also traded with an associated company, The Maltings Organic Treatment Limited, and at the balance sheet date the company owed The Maltings Organic Treatment Limited £ 0 and were owed £ 193,285. These figures are included in Trade Creditors and Trade Debtors respectively. |
The Maltings Organic Treatment Limited also paid for items on behalf of the company and the amount of £ 6,352 is show as a loan in other creditors. |