Company Registration No. 05377694 (England and Wales)
MASTERFIX CEILINGS LIMITED
Unaudited accounts
for the year ended 31 March 2022
MASTERFIX CEILINGS LIMITED
Unaudited accounts
Contents
MASTERFIX CEILINGS LIMITED
Company Information
for the year ended 31 March 2022
Directors
Michael James
Stephen Mills
Company Number
05377694 (England and Wales)
Registered Office
3 BLENHEIM DRIVE
PRESCOT
MERSEYSIDE
L34 1PN
Accountants
Thexton & Co Accountants LTD
Office 14a, Egerton House
2 Tower Road
BIRKENHEAD
Wirral
CH41 1FN
MASTERFIX CEILINGS LIMITED
Statement of financial position
as at 31 March 2022
Tangible assets
26,090
18,039
Cash at bank and in hand
82,896
105,409
Creditors: amounts falling due within one year
12,085
(14,649)
Net current assets
113,721
104,800
Total assets less current liabilities
139,811
122,839
Creditors: amounts falling due after more than one year
(43,007)
(50,000)
Called up share capital
2
2
Profit and loss account
96,802
72,837
Shareholders' funds
96,804
72,839
For the year ending 31 March 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 17 November 2022 and were signed on its behalf by
Michael James
Director
Company Registration No. 05377694
MASTERFIX CEILINGS LIMITED
Notes to the Accounts
for the year ended 31 March 2022
MASTERFIX CEILINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05377694. The registered office is 3 BLENHEIM DRIVE, PRESCOT, MERSEYSIDE, L34 1PN.
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:
4
Tangible fixed assets
Motor vehicles
Charge for the year
13,084
Amounts falling due within one year
Trade debtors
17,896
14,040
Accrued income and prepayments
844
-
MASTERFIX CEILINGS LIMITED
Notes to the Accounts
for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
12,210
5,456
Loans from directors
(20,000)
4,068
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).
