ACCOUNTS - Final Accounts

BUXTON + MCNULTY MECHANICAL SERVICES (2012) LIMITED - Company Information

Caseware UK (AP4) 2022.0.179 2022.0.179 2022-10-312022-10-312021-11-012falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08090844 2021-11-01 2022-10-31 08090844 2020-05-01 2021-10-31 08090844 2022-10-31 08090844 2021-10-31 08090844 c:Director1 2021-11-01 2022-10-31 08090844 d:CurrentFinancialInstruments 2022-10-31 08090844 d:CurrentFinancialInstruments 2021-10-31 08090844 d:Non-currentFinancialInstruments 2022-10-31 08090844 d:Non-currentFinancialInstruments 2021-10-31 08090844 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 08090844 d:CurrentFinancialInstruments d:WithinOneYear 2021-10-31 08090844 d:Non-currentFinancialInstruments d:AfterOneYear 2022-10-31 08090844 d:Non-currentFinancialInstruments d:AfterOneYear 2021-10-31 08090844 d:ShareCapital 2022-10-31 08090844 d:ShareCapital 2021-10-31 08090844 d:RetainedEarningsAccumulatedLosses 2022-10-31 08090844 d:RetainedEarningsAccumulatedLosses 2021-10-31 08090844 c:OrdinaryShareClass1 2021-11-01 2022-10-31 08090844 c:OrdinaryShareClass1 2022-10-31 08090844 c:OrdinaryShareClass2 2021-11-01 2022-10-31 08090844 c:OrdinaryShareClass2 2022-10-31 08090844 c:OrdinaryShareClass3 2021-11-01 2022-10-31 08090844 c:OrdinaryShareClass3 2022-10-31 08090844 c:OrdinaryShareClass4 2021-11-01 2022-10-31 08090844 c:OrdinaryShareClass4 2022-10-31 08090844 c:OrdinaryShareClass4 2021-10-31 08090844 c:FRS102 2021-11-01 2022-10-31 08090844 c:AuditExempt-NoAccountantsReport 2021-11-01 2022-10-31 08090844 c:FullAccounts 2021-11-01 2022-10-31 08090844 c:PrivateLimitedCompanyLtd 2021-11-01 2022-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08090844

BUXTON + MCNULTY MECHANICAL SERVICES (2012) LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2022

BUXTON + MCNULTY MECHANICAL SERVICES (2012) LIMITED

REGISTERED NUMBER: 08090844

BALANCE SHEET

AS AT 31 OCTOBER 2022

		2022		2021
Note		£		£


Current assets
Debtors: amounts falling due after more than one year	4	-		1,364,767
Debtors: amounts falling due within one year	4	501,001		806,221
Cash at bank and in hand	5	90,287		1,781,670
		591,288		3,952,658
Creditors: amounts falling due within one year	6	(9,314)		(507,903)
Net current assets			581,974		3,444,755
Total assets less current liabilities			581,974		3,444,755
Creditors: amounts falling due after more than one year	7		(444,003)		-

Net assets			137,971		3,444,755

Capital and reserves
Called up share capital	8	1,001	1,001
Profit and loss account		136,970	3,443,754
		137,971	3,444,755

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

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BUXTON + MCNULTY MECHANICAL SERVICES (2012) LIMITED

REGISTERED NUMBER: 08090844

BALANCE SHEET (CONTINUED)

AS AT 31 OCTOBER 2022

T D McNulty

Director

Date: 25 October 2023

The notes on pages 3 to 6 form part of these financial statements.

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BUXTON + MCNULTY MECHANICAL SERVICES (2012) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

1.	General information

Buxton + McNulty Mechanical Services (2012) is a private company limited by shares and incorporated in England and Wales. The registered office address of the company is Horizon Business Centre, Veridion Park, Unit 28 Alder Close, Erith, Kent, DA18 4AJ. The principal activity of the company is that of a holding company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

2.2

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 2).

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BUXTON + MCNULTY MECHANICAL SERVICES (2012) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

4.	Debtors
		2022	2021
		£	£

Due after more than one year
Amounts owed by group undertakings	-	1,364,767
	-	1,364,767

					2022	2021
					£	£

Due within one year
Amounts owed by group undertakings	500,000	805,220
Called up share capital not paid	1,001	1,001
	501,001	806,221

5.	Cash and cash equivalents
		2022	2021
		£	£

Cash at bank and in hand	90,287	1,781,670
	90,287	1,781,670

6.	Creditors: Amounts falling due within one year
		2022	2021
		£	£

Other creditors	9,314	507,903
	9,314	507,903

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BUXTON + MCNULTY MECHANICAL SERVICES (2012) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

7.	Creditors: Amounts falling due after more than one year
		2022	2021
		£	£

Amounts owed to group undertakings	444,003	-
	444,003	-

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BUXTON + MCNULTY MECHANICAL SERVICES (2012) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

8.	Share capital
		2022	2021
		£	£

Allotted, called up and fully paid

475 Ordinary shares of £1.00 each	475	475
50 Ordinary B shares of £1.00 each	50	50
475 Ordinary C shares of £1.00 each	475	475
11 Ordinary D share of £1.00	1	1

	1,001	1,001

9.	Related party transactions
	The director had an interest in dividends paid of £Nil (2021: £900,000).

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