Company Registration No. 11969312 (England and Wales)
Midland Container Services Limited
Unaudited accounts
for the year ended 30 April 2024
Midland Container Services Limited
Unaudited accounts
Contents
Midland Container Services Limited
Company Information
for the year ended 30 April 2024
Directors
E Law
R Law
S Law
Company Number
11969312 (England and Wales)
Registered Office
THE CORNER HOUSE
4 BEAUMONT ROAD
CHURCH STRETTON
SHROPSHIRE
SY6 6BN
UNITED KINGDOM
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
Midland Container Services Limited
Statement of financial position
as at 30 April 2024
Tangible assets
75,971
57,995
Cash at bank and in hand
161
2,066
Creditors: amounts falling due within one year
(148,181)
(88,448)
Net current liabilities
(73,515)
(10,356)
Total assets less current liabilities
2,456
47,639
Creditors: amounts falling due after more than one year
(7,292)
(8,681)
Provisions for liabilities
Deferred tax
(14,434)
(11,018)
Net (liabilities)/assets
(19,270)
27,940
Called up share capital
100
100
Profit and loss account
(19,370)
27,840
Shareholders' funds
(19,270)
27,940
For the year ending 30 April 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 28 January 2025 and were signed on its behalf by
R Law
Director
Company Registration No. 11969312
Midland Container Services Limited
Notes to the Accounts
for the year ended 30 April 2024
Midland Container Services Limited is a private company, limited by shares, registered in England and Wales, registration number 11969312. The registered office is THE CORNER HOUSE, 4 BEAUMONT ROAD, CHURCH STRETTON, SHROPSHIRE, SY6 6BN, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
10% per annum reducing balance
Fixtures & fittings
10% per annum reducing balance
Computer equipment
33% per annum straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
79,108
2,542
815
82,465
Additions
26,454
-
-
26,454
At 30 April 2024
105,562
2,542
815
108,919
At 1 May 2023
23,155
536
779
24,470
Charge for the year
8,241
201
36
8,478
At 30 April 2024
31,396
737
815
32,948
At 30 April 2024
74,166
1,805
-
75,971
At 30 April 2023
55,953
2,006
36
57,995
Midland Container Services Limited
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Trade debtors
74,505
74,995
Accrued income and prepayments
-
1,031
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,389
1,389
Taxes and social security
13,686
13,449
Loans from directors
132,411
72,615
7
Creditors: amounts falling due after more than one year
2024
2023
8
Transactions with related parties
In the year the company charged rent of £24,000 to Bridgnorth Self Storage, a business in which R Law is the proprietor.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).