MIDLANDS CONSTRUCTION PRODUCTS LTD

MIDLANDS CONSTRUCTION PRODUCTS LTD

MIDLANDS CONSTRUCTION PRODUCTS LTD - Company Information

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MIDLANDS CONSTRUCTION PRODUCTS LTD

Company Registration Number:
09636621 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2020

Period of accounts

Start date: 01 July 2019

End date: 30 June 2020

MIDLANDS CONSTRUCTION PRODUCTS LTD

Contents of the Financial Statements

for the Period Ended 30 June 2020

Balance sheet
Notes

MIDLANDS CONSTRUCTION PRODUCTS LTD

Balance sheet

As at 30 June 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 157,487 164,362
Total fixed assets: 157,487 164,362
Current assets
Stocks: 259,562 307,055
Debtors:   670,354 1,091,660
Cash at bank and in hand: 652,516 432,933
Total current assets: 1,582,432 1,831,648
Creditors: amounts falling due within one year:   (902,299) (1,436,310)
Net current assets (liabilities): 680,133 395,338
Total assets less current liabilities: 837,620 559,700
Total net assets (liabilities): 837,620 559,700
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 837,618 559,698
Shareholders funds: 837,620 559,700

The notes form part of these financial statements

MIDLANDS CONSTRUCTION PRODUCTS LTD

Balance sheet statements

For the year ending 30 June 2020 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 17 November 2020
and signed on behalf of the board by:

Name: Michael Rainsford
Status: Director

The notes form part of these financial statements

MIDLANDS CONSTRUCTION PRODUCTS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2020

1. Accounting policies

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

MIDLANDS CONSTRUCTION PRODUCTS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2020

2. Employees

2020 2019
Average number of employees during the period 19 17

MIDLANDS CONSTRUCTION PRODUCTS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2020

3. Tangible Assets

Total
Cost £
At 01 July 2019 318,831
Additions 21,541
Disposals (53,340)
At 30 June 2020 287,032
Depreciation
At 01 July 2019 154,469
Charge for year 28,416
On disposals (53,340)
At 30 June 2020 129,545
Net book value
At 30 June 2020 157,487
At 30 June 2019 164,362