Registered number
08070871
Moore Reinforced Concrete Limited
Filleted Accounts
30 September 2024
Moore Reinforced Concrete Limited
Registered number: 08070871
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 4 105,901 77,474
Current assets
Debtors 5 238,182 63,472
Cash at bank and in hand 51,462 225,037
289,644 288,509
Creditors: amounts falling due within one year 6 (156,859) (155,892)
Net current assets 132,785 132,617
Total assets less current liabilities 238,686 210,091
Creditors: amounts falling due after more than one year 7 (43,117) (13,333)
Provisions for liabilities (26,476) (19,369)
Net assets 169,093 177,389
Capital and reserves
Called up share capital 100 100
Profit and loss account 168,993 177,289
Shareholders' funds 169,093 177,389
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr L Moore
Director
Approved by the board on 15 April 2025
Moore Reinforced Concrete Limited
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Motor vehicles over 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Intangible fixed assets £
Goodwill:
Cost
At 1 October 2023 10,500
At 30 September 2024 10,500
Amortisation
At 1 October 2023 10,500
At 30 September 2024 10,500
Net book value
At 30 September 2024 -
Goodwill has been written off in equal annual instalments over its estimated economic life of 10 years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 October 2023 77,590 61,083 138,673
Additions 1,413 69,250 70,663
Disposals - (32,110) (32,110)
At 30 September 2024 79,003 98,223 177,226
Depreciation
At 1 October 2023 25,697 35,502 61,199
Charge for the year 18,012 18,205 36,217
On disposals - (26,091) (26,091)
At 30 September 2024 43,709 27,616 71,325
Net book value
At 30 September 2024 35,294 70,607 105,901
At 30 September 2023 51,893 25,581 77,474
5 Debtors 2024 2023
£ £
Trade debtors 209,097 60,164
Other debtors 29,085 3,308
238,182 63,472
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 8,000 8,000
Obligations under finance lease and hire purchase contracts 7,266 23,845
Trade creditors 58,896 33,701
Taxation and social security costs 79,155 86,010
Director's loan account 137 914
Other creditors 3,405 3,422
156,859 155,892
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 5,333 13,333
Obligations under finance lease and hire purchase contracts 37,784 -
43,117 13,333
8 Controlling party
By virtue of his shareholding, Mr L Moore is the controlling party.
9 Other information
Moore Reinforced Concrete Limited is a private company limited by shares and incorporated in England. Its registered office is:
Bury Lodge
Bury Road
Stowmarket
Suffolk
IP14 1JA
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