Registered number
08266157
My Service Check Ltd
Filleted Accounts
30 September 2024
My Service Check Ltd
Registered number: 08266157
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 4 43,453 54,181
Current assets
Stocks 3,000 3,000
Debtors 5 14,419 25,196
Cash at bank and in hand 93,443 88,189
110,862 116,385
Creditors: amounts falling due within one year 6 (57,559) (66,202)
Net current assets 53,303 50,183
Total assets less current liabilities 96,756 104,364
Creditors: amounts falling due after more than one year 7 (36,431) (44,254)
Net assets 60,325 60,110
Capital and reserves
Called up share capital 2 2
Profit and loss account 60,323 60,108
Shareholders' funds 60,325 60,110
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A Monckton
Director
Approved by the board on 27 January 2025
My Service Check Ltd
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Motor vehicles over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 4 4
3 Intangible fixed assets £
Goodwill:
Cost
At 1 October 2023 100,000
At 30 September 2024 100,000
Amortisation
At 1 October 2023 100,000
At 30 September 2024 100,000
Net book value
At 30 September 2024 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 October 2023 14,685 62,795 77,480
Additions 1,307 2,500 3,807
At 30 September 2024 15,992 65,295 81,287
Depreciation
At 1 October 2023 10,740 12,559 23,299
Charge for the year 1,476 13,059 14,535
At 30 September 2024 12,216 25,618 37,834
Net book value
At 30 September 2024 3,776 39,677 43,453
At 30 September 2023 3,945 50,236 54,181
5 Debtors 2024 2023
£ £
Trade debtors 9,341 10,898
Other debtors 5,078 14,298
14,419 25,196
6 Creditors: amounts falling due within one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 7,822 7,822
Trade creditors and accruals 31,986 40,941
Taxation and social security costs 13,751 1,349
Other creditors 4,000 16,090
57,559 66,202
7 Creditors: amounts falling due after one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 36,431 44,254
8 Other information
My Service Check Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Unit 10
Glebeland Centre
Vincent Lane
Dorking
RH4 3HW
My Service Check Ltd 08266157 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts April 2022 A Monckton No description of principal activity 08266157 2022-10-01 2023-09-30 08266157 core:WithinOneYear 2023-09-30 08266157 core:AfterOneYear 2023-09-30 08266157 core:ShareCapital 2023-09-30 08266157 core:RetainedEarningsAccumulatedLosses 2023-09-30 08266157 2023-10-01 2024-09-30 08266157 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08266157 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 08266157 bus:Director40 2023-10-01 2024-09-30 08266157 1 2023-10-01 2024-09-30 08266157 2 2023-10-01 2024-09-30 08266157 core:PlantMachinery 2023-10-01 2024-09-30 08266157 core:Vehicles 2023-10-01 2024-09-30 08266157 countries:England 2023-10-01 2024-09-30 08266157 bus:FRS102 2023-10-01 2024-09-30 08266157 bus:FullAccounts 2023-10-01 2024-09-30 08266157 2024-09-30 08266157 core:WithinOneYear 2024-09-30 08266157 core:AfterOneYear 2024-09-30 08266157 core:ShareCapital 2024-09-30 08266157 core:RetainedEarningsAccumulatedLosses 2024-09-30 08266157 core:Goodwill 2024-09-30 08266157 core:PlantMachinery 2024-09-30 08266157 core:Vehicles 2024-09-30 08266157 2023-09-30 08266157 core:Goodwill 2023-09-30 08266157 core:PlantMachinery 2023-09-30 08266157 core:Vehicles 2023-09-30 iso4217:GBP xbrli:pure