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REGISTERED NUMBER: 06870339 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Midlands Ceilings & Interiors Limited

Midlands Ceilings & Interiors Limited (Registered number: 06870339)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Midlands Ceilings & Interiors Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr K O'Sullivan





REGISTERED OFFICE: 40B Humber Avenue
Coventry
CV3 1AY





REGISTERED NUMBER: 06870339 (England and Wales)





ACCOUNTANTS: Accounts Solutions
104 Stanley Road
Coventry
CV5 6FF

Midlands Ceilings & Interiors Limited (Registered number: 06870339)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,814 3,760

CURRENT ASSETS
Stocks 500 500
Debtors 5 11,371 8,610
Cash at bank 215,931 178,900
227,802 188,010
CREDITORS
Amounts falling due within one year 6 86,293 71,825
NET CURRENT ASSETS 141,509 116,185
TOTAL ASSETS LESS CURRENT
LIABILITIES

144,323

119,945

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 144,322 119,944
SHAREHOLDERS' FUNDS 144,323 119,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 January 2025 and were signed by:





Mr K O'Sullivan - Director


Midlands Ceilings & Interiors Limited (Registered number: 06870339)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Midlands Ceilings & Interiors 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 represents net sales of goods and services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

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 - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023
and 30 April 2024 795 2,687 14,250 970 18,702
DEPRECIATION
At 1 May 2023 753 2,158 11,147 884 14,942
Charge for year 10 132 775 29 946
At 30 April 2024 763 2,290 11,922 913 15,888
NET BOOK VALUE
At 30 April 2024 32 397 2,328 57 2,814
At 30 April 2023 42 529 3,103 86 3,760

Midlands Ceilings & Interiors Limited (Registered number: 06870339)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 11,371 3,538
Other debtors - 5,072
11,371 8,610

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 9,339 16,902
Taxation and social security 24,689 12,869
Other creditors 52,265 42,054
86,293 71,825

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr K O'Sullivan.