Company Registration No. 06255565 (England and Wales)
M2 Building Services Limited
Unaudited accounts
for the year ended 31 March 2024
M2 Building Services Limited
Unaudited accounts
Contents
M2 Building Services Limited
Company Information
for the year ended 31 March 2024
Company Number
06255565 (England and Wales)
Registered Office
UNIT 6B GRAVES ESTATES
96 UPPER WICKHAM LANE
WELLING
KENT
DA16 3HQ
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
M2 Building Services Limited
Statement of financial position
as at 31 March 2024
Tangible assets
10,483
13,004
Cash at bank and in hand
9,535
1,513
Creditors: amounts falling due within one year
(91,750)
(510,276)
Net current liabilities
(25,325)
(26,652)
Total assets less current liabilities
(14,842)
(13,648)
Creditors: amounts falling due after more than one year
(18,500)
(21,500)
Provisions for liabilities
Deferred tax
(1,992)
(2,471)
Net liabilities
(35,334)
(37,619)
Called up share capital
100
100
Profit and loss account
(35,434)
(37,719)
Shareholders' funds
(35,334)
(37,619)
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 24 March 2025 and were signed on its behalf by
S Miller
Director
Company Registration No. 06255565
M2 Building Services Limited
Notes to the Accounts
for the year ended 31 March 2024
M2 Building Services Limited is a private company, limited by shares, registered in England and Wales, registration number 06255565. The registered office is UNIT 6B GRAVES ESTATES, 96 UPPER WICKHAM LANE, WELLING, KENT, DA16 3HQ.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% per annum - reducing balance
Motor vehicles
25% per annum - reducing balance
Computer equipment
15% per annum - reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
15,774
108,656
15,322
139,752
At 31 March 2024
15,774
108,656
15,322
139,752
At 1 April 2023
14,212
102,956
9,580
126,748
Charge for the year
234
1,426
861
2,521
At 31 March 2024
14,446
104,382
10,441
129,269
At 31 March 2024
1,328
4,274
4,881
10,483
At 31 March 2023
1,562
5,700
5,742
13,004
M2 Building Services Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
13,723
429,441
Other debtors
19,615
26,763
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
23,161
27,707
Trade creditors
11,721
378,284
Taxes and social security
41,118
97,613
Loans from directors
-
466
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 4 (2023: 3).