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Company Registration No. 10760772 (England and Wales)
M G BULLOCK LTD Unaudited accounts for the year ended 31 May 2024
M G BULLOCK LTD Unaudited accounts Contents
Page
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M G BULLOCK LTD Company Information for the year ended 31 May 2024
Directors
Matthew Geoffrey BULLOCK Amanda Olwyn BULLOCK Matthew Geoffrey Bullock
Company Number
10760772 (England and Wales)
Registered Office
55 GARSTON ROAD CORBY NN18 8NG ENGLAND
Accountants
Corby Accounts & Payroll Services Ltd 40 Aintree Road Corby Northants NN18 8RD
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M G BULLOCK LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
528 
604 
Current assets
Debtors
895 
634 
Cash at bank and in hand
27,386 
59,792 
28,281 
60,426 
Creditors: amounts falling due within one year
(7,780)
(44,797)
Net current assets
20,501 
15,629 
Total assets less current liabilities
21,029 
16,233 
Creditors: amounts falling due after more than one year
(10,831)
(15,151)
Net assets
10,198 
1,082 
Capital and reserves
Profit and loss account
10,198 
1,082 
Shareholders' funds
10,198 
1,082 
For the year ending 31 May 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 January 2025 and were signed on its behalf by
Matthew Geoffrey BULLOCK Director Company Registration No. 10760772
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M G BULLOCK LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
M G BULLOCK LTD is a private company, limited by shares, registered in England and Wales, registration number 10760772. The registered office is 55 GARSTON ROAD, CORBY, NN18 8NG, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2023
933 
At 31 May 2024
933 
Depreciation
At 1 June 2023
329 
Charge for the year
76 
At 31 May 2024
405 
Net book value
At 31 May 2024
528 
At 31 May 2023
604 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
895 
634 
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M G BULLOCK LTD Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
2,537 
365 
Taxes and social security
2,743 
8,432 
Proposed dividends
2,500 
36,000 
7,780 
44,797 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,620 
11,940 
Obligations under finance leases and hire purchase contracts
3,211 
3,211 
10,831 
15,151 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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