Company Registration No. 12829079 (England and Wales)
M&g Drylining 24/7 Ltd
Unaudited accounts
for the year ended 31 August 2024
M&g Drylining 24/7 Ltd
Unaudited accounts
Contents
M&g Drylining 24/7 Ltd
Company Information
for the year ended 31 August 2024
Company Number
12829079 (England and Wales)
Registered Office
40 Arundel Road
Brighton
BN2 5TB
England
M&g Drylining 24/7 Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
21,903
26,597
Cash at bank and in hand
6,265
69,761
Creditors: amounts falling due within one year
(28,398)
(18,510)
Net current assets/(liabilities)
28,571
(12,975)
Called up share capital
100
100
Profit and loss account
50,374
13,522
Shareholders' funds
50,474
13,622
For the year ending 31 August 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 20 May 2025 and were signed on its behalf by
Georgian Asandei
Director
Company Registration No. 12829079
M&g Drylining 24/7 Ltd
Notes to the Accounts
for the year ended 31 August 2024
M&g Drylining 24/7 Ltd is a private company, limited by shares, registered in England and Wales, registration number 12829079. The registered office is 40 Arundel Road, Brighton, BN2 5TB, England.
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
15% Straight line
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Tangible fixed assets
Plant & machinery
At 1 September 2023
31,291
M&g Drylining 24/7 Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
15,280
Taxes and social security
10,428
(96,149)
Other creditors
17,970
39,538
Loans from directors
-
1,296
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).