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COMPANY REGISTRATION NUMBER: 05981069
M & D Recycling Machinery Ltd
Filleted Unaudited Financial Statements
30 November 2024
M & D Recycling Machinery Ltd
Statement of Financial Position
30 November 2024
2024
2023
£
£
£
£
Fixed assets
50,852
69,078
---------
---------
Current assets
96,728
135,443
Prepayments and accrued income
3,155
3,070
---------
----------
99,883
138,513
Creditors: amounts falling due within one year
27,945
31,983
---------
----------
Net current assets
71,938
106,530
----------
----------
Total assets less current liabilities
122,790
175,608
Creditors: amounts falling due after more than one year
17,418
34,122
Accruals and deferred income
6,743
6,831
----------
----------
98,629
134,655
----------
----------
Capital and reserves
98,629
134,655
---------
----------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
2. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr T M Richards
25,470
6,804
( 3,500)
28,774
---------
-------
-------
---------
2023
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr T M Richards
28,560
3,410
( 6,500)
25,470
---------
-------
-------
---------
Interest has been charged on overdrawn balances at a rate of 2% and 2.25% per annum and the loan is repayable on demand.
For the year ending 30th November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 10 July 2025 , and are signed on behalf of the board by:
Mr T M Richards
Director
Company registration number: 05981069
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 22a Waterloo Fields, Forden, Welshpool, Powys, SY21 8LF.