Company Registration No. 14296790 (England and Wales)
MSP Design and Construct Limited
Unaudited accounts
for the year ended 31 August 2024
MSP Design and Construct Limited
Unaudited accounts
Contents
MSP Design and Construct Limited
Company Information
for the year ended 31 August 2024
Company Number
14296790 (England and Wales)
Registered Office
53 Broadlands Rise
Lichfield
WS14 9SF
ENGLAND
Accountants
Skye Business Support Limited
Union House
111 New Union Street
Coventry
CV1 2NT
MSP Design and Construct Limited
Statement of financial position
as at 31 August 2024
Tangible assets
2,477
2,595
Cash at bank and in hand
2
790
Creditors: amounts falling due within one year
(750)
(943)
Total assets less current liabilities
2,479
3,292
Creditors: amounts falling due after more than one year
(403)
(299)
Called up share capital
1
1
Profit and loss account
2,075
2,992
Shareholders' funds
2,076
2,993
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 31 May 2025 and were signed on its behalf by
Matthew Prosser
Director
Company Registration No. 14296790
MSP Design and Construct Limited
Notes to the Accounts
for the year ended 31 August 2024
MSP Design and Construct Limited is a private company, limited by shares, registered in England and Wales, registration number 14296790. The registered office is 53 Broadlands Rise, Lichfield, WS14 9SF, 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.
The Accounts have been prepared on a Going Concern Basis.
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
20% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2023
2,410
1,000
3,410
At 31 August 2024
3,281
1,000
4,281
At 1 September 2023
482
333
815
Charge for the year
656
333
989
At 31 August 2024
1,138
666
1,804
At 31 August 2024
2,143
334
2,477
At 31 August 2023
1,928
667
2,595
MSP Design and Construct Limited
Notes to the Accounts
for the year ended 31 August 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
93
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
403
299
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).