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REGISTERED NUMBER: 01259145 (England and Wales)










Unaudited Financial Statements

for the Year Ended 17 May 2024

for

M. Booth (Builders) Limited

M. Booth (Builders) Limited (Registered number: 01259145)






Contents of the Financial Statements
for the Year Ended 17 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M. Booth (Builders) Limited

Company Information
for the Year Ended 17 May 2024







DIRECTOR: M J Booth





SECRETARY: Mrs J Booth





REGISTERED OFFICE: 14 Rosslyn Road
Shoreham by Sea
West Sussex
BN43 6WP





REGISTERED NUMBER: 01259145 (England and Wales)





ACCOUNTANTS: Ward Mackenzie Ltd
Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS

M. Booth (Builders) Limited (Registered number: 01259145)

Balance Sheet
17 May 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 253 377
Investment property 5 5,018 5,018
5,271 5,395

CURRENT ASSETS
Cash at bank 4,404 17,770

CREDITORS
Amounts falling due within one year 6 (7,925 ) (21,060 )
NET CURRENT LIABILITIES (3,521 ) (3,290 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,750

2,105

CAPITAL AND RESERVES
Called up share capital 12 12
Retained earnings 7 1,738 2,093
SHAREHOLDERS' FUNDS 1,750 2,105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 17 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 17 May 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.

M. Booth (Builders) Limited (Registered number: 01259145)

Balance Sheet - continued
17 May 2024


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 10 February 2025 and were signed by:





M J Booth - Director


M. Booth (Builders) Limited (Registered number: 01259145)

Notes to the Financial Statements
for the Year Ended 17 May 2024

1. STATUTORY INFORMATION

M. Booth (Builders) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on reducing balance

INVESTMENT PROPERTY
Investment property is shown at cost.

DEFERRED TAX
Deferred tax is not recognized in respect of all timing differences that have originated but not reversed at the balance sheet date as these are considered immaterial.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 18 May 2023
and 17 May 2024 579
DEPRECIATION
At 18 May 2023 202
Charge for year 124
At 17 May 2024 326
NET BOOK VALUE
At 17 May 2024 253
At 17 May 2023 377

M. Booth (Builders) Limited (Registered number: 01259145)

Notes to the Financial Statements - continued
for the Year Ended 17 May 2024

4. TANGIBLE FIXED ASSETS - continued

Computer equipment - 33% on reducing balance

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 18 May 2023
and 17 May 2024 5,018
NET BOOK VALUE
At 17 May 2024 5,018
At 17 May 2023 5,018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Director's loan account 7,236 20,423
Accrued expenses 689 637
7,925 21,060

The directors consider the carrying amounts of current liabilities approximate to their fair values.

7. RESERVES
Retained
earnings
£   

At 18 May 2023 2,093
Deficit for the year (355 )
At 17 May 2024 1,738

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

M. Booth (Builders) Limited (Registered number: 01259145)

Notes to the Financial Statements - continued
for the Year Ended 17 May 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 17 May 2024 and 17 May 2023:

2024 2023
£    £   
M J Booth
Balance outstanding at start of year (20,423 ) (21,626 )
Amounts advanced 14,308 2,411
Amounts repaid (1,122 ) (1,208 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (7,237 ) (20,423 )