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REGISTERED NUMBER: 11957536 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 March 2024

for

M&S Combustion Ltd

M&S Combustion Ltd (Registered number: 11957536)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

M&S Combustion Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr M A Mills
Miss S Murray





REGISTERED OFFICE: 1st Floor 107 Lees Road
Oldham
Lancashire
OL4 1JW





REGISTERED NUMBER: 11957536 (England and Wales)





ACCOUNTANTS: Clarity Accountants & Tax Advisors
1st Floor 107 Lees Road
Oldham
Lancashire
OL4 1JW

M&S Combustion Ltd (Registered number: 11957536)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 77,716 64,545

CURRENT ASSETS
Stocks 7,000 37,000
Debtors 5 116,423 133,628
Cash at bank 16,266 49,940
139,689 220,568
CREDITORS
Amounts falling due within one year 6 (146,765 ) (136,946 )
NET CURRENT (LIABILITIES)/ASSETS (7,076 ) 83,622
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,640

148,167

CREDITORS
Amounts falling due after more than one
year

7

(13,228

)

(10,333

)
NET ASSETS 57,412 137,834

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 57,312 137,734
57,412 137,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 25 March 2025 and were signed on its behalf by:



Mr M A Mills - Director



Miss S Murray - Director


M&S Combustion Ltd (Registered number: 11957536)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

M&S Combustion Ltd 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 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.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

M&S Combustion Ltd (Registered number: 11957536)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 92,196
Additions 39,076
At 31 March 2024 131,272
DEPRECIATION
At 1 April 2023 27,651
Charge for year 25,905
At 31 March 2024 53,556
NET BOOK VALUE
At 31 March 2024 77,716
At 31 March 2023 64,545

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,342 46,042
Other debtors 111,081 87,586
116,423 133,628

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 25,284 15,449
Trade creditors 61,365 61,755
Taxation and social security 34,976 33,062
Other creditors 25,140 26,680
146,765 136,946

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 13,228 10,333

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
M&S Combustion Ltd


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of M&S Combustion Ltd for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of M&S Combustion Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M&S Combustion Ltd and state those matters that we have agreed to state to the Board of Directors of M&S Combustion Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M&S Combustion Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that M&S Combustion Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of M&S Combustion Ltd. You consider that M&S Combustion Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of M&S Combustion Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Clarity Accountants & Tax Advisors
1st Floor 107 Lees Road
Oldham
Lancashire
OL4 1JW


Date: .............................................