MANHOLE COVERS LIMITED

Company Registration Number:
02758811 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

MANHOLE COVERS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

MANHOLE COVERS LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 1,834,340 46,206
Investments: 4 0 12,350
Total fixed assets: 1,834,340 58,556
Current assets
Stocks: 582,001 770,000
Debtors: 5 858,247 525,712
Cash at bank and in hand: 230,166 380,924
Investments:   460,131 460,131
Total current assets: 2,130,545 2,136,767
Creditors: amounts falling due within one year: 6 (1,090,040) (792,150)
Net current assets (liabilities): 1,040,505 1,344,617
Total assets less current liabilities: 2,874,845 1,403,173
Creditors: amounts falling due after more than one year: 7 (1,179,432)
Total net assets (liabilities): 1,695,413 1,403,173
Capital and reserves
Called up share capital: 1,030 1,030
Revaluation reserve:8(600,000)(600,000)
Other reserves: 1,010 1,010
Profit and loss account: 2,293,373 2,001,133
Shareholders funds: 1,695,413 1,403,173

The notes form part of these financial statements

MANHOLE COVERS LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 May 2025
and signed on behalf of the board by:

Name: D Bunce
Status: Director

The notes form part of these financial statements

MANHOLE COVERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MANHOLE COVERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 11 11

MANHOLE COVERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 235,141
Additions 1,799,749
At 31 December 2024 2,034,890
Depreciation
At 01 January 2024 188,935
Charge for year 11,615
At 31 December 2024 200,550
Net book value
At 31 December 2024 1,834,340
At 31 December 2023 46,206

MANHOLE COVERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery 25% Reducing Balance Motor Vehicles 25% Reducing Balance Fixtures & Fittings 25% Reducing Balance Computer Equipment 25% Reducing Balance Freehold - 0%

MANHOLE COVERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 858,247 525,712

MANHOLE COVERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due within one year note

Creditors: Amounts Falling Due Within One Year 2024 2023 £ £ Trade creditors 410,389 354,665 Bank loans and overdrafts 560,520 - Other loans 11,806 16,606 Corporation tax 58,831 - Other taxes and social security 7,695 8,035 VAT - 34,988 Other creditors - 31,424 Accruals and deferred income 39,203 35,641 Director's loan account 1,596 310,791 Totals 1,090,040 792,150

MANHOLE COVERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Creditors: amounts falling due after more than one year note

2024 £ 2023 Bank loans 1,179,432 Nil

MANHOLE COVERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

8. Revaluation reserve

2024
£
Balance at 01 January 2024 (600,000)
Surplus or deficit after revaluation 0
Balance at 31 December 2024 (600,000)