Company Registration No. 04882488 (England and Wales)
Mappenors Construction Limited
Unaudited accounts
for the year ended 31 August 2022
Mappenors Construction Limited
Unaudited accounts
Contents
Mappenors Construction Limited
Company Information
for the year ended 31 August 2022
Company Number
04882488 (England and Wales)
Registered Office
45 Etnam Street
Leominster
Herefordshire
HR6 8AE
England
Accountants
Armstrong Rogers & Co
45 Etnam Street
Leominster
Herefordshire
HR6 8AE
Mappenors Construction Limited
Statement of financial position
as at 31 August 2022
Tangible assets
3,687
3,373
Cash at bank and in hand
8,960
14,674
Creditors: amounts falling due within one year
(11,135)
(11,145)
Net current assets
1,231
7,653
Total assets less current liabilities
4,918
11,026
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
4,216
10,384
Shareholders' funds
4,217
10,385
For the year ending 31 August 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 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 24 May 2023 and were signed on its behalf by
M A Evans
Director
Company Registration No. 04882488
Mappenors Construction Limited
Notes to the Accounts
for the year ended 31 August 2022
Mappenors Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 04882488. The registered office is 45 Etnam Street, Leominster, Herefordshire, HR6 8AE, 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance Basis
Motor vehicles
20% Reducing Balance Basis
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Mappenors Construction Limited
Notes to the Accounts
for the year ended 31 August 2022
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2021
4,749
13,800
18,549
At 31 August 2022
5,884
13,800
19,684
At 1 September 2021
4,270
10,906
15,176
Charge for the year
242
579
821
At 31 August 2022
4,512
11,485
15,997
At 31 August 2022
1,372
2,315
3,687
At 31 August 2021
479
2,894
3,373
Amounts falling due within one year
Accrued income and prepayments
143
137
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
-
3,218
Other creditors
9,658
6,035
7
Deferred taxation
2022
2021
Accelerated capital allowances
701
641
Provision at start of year
641
794
Charged/(credited) to the profit and loss account
60
(153)
Provision at end of year
701
641
Mappenors Construction Limited
Notes to the Accounts
for the year ended 31 August 2022
8
Transactions with related parties
At 31 August 2022 Mr M. A. Evans was owed £4,347 (2021: £NIL) in respect of his directors current account.
The Company is under the control of Mr M A Evans who owns 100% of the issued share capital.
10
Average number of employees
During the year the average number of employees was 1 (2021: 1).
