Company Registration No. 11044971 (England and Wales)
M-BLAST IND SHOT BLASTING LTD
Unaudited accounts
for the year ended 30 November 2018
M-BLAST IND SHOT BLASTING LTD
Unaudited accounts
Contents
M-BLAST IND SHOT BLASTING LTD
Company Information
for the year ended 30 November 2018
Company Number
11044971 (England and Wales)
Registered Office
31a
fir view road
cinderford
gl14 3al
United Kingdom
M-BLAST IND SHOT BLASTING LTD
Statement of financial position
as at
30 November 2018
Cash at bank and in hand
4,868
Creditors: amounts falling due within one year
(24,077)
Net current liabilities
(13,560)
Called up share capital
1
Profit and loss account
9,086
Shareholders' funds
9,087
For the year ending 30 November 2018 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.
Approved by the Board on 31 July 2019.
MARTIN GARDINER
Director
Company Registration No. 11044971
M-BLAST IND SHOT BLASTING LTD
Notes to the Accounts
for the year ended 30 November 2018
M-BLAST IND SHOT BLASTING LTD is a private company, limited by shares, registered in England and Wales, registration number 11044971. The registered office is 31a, fir view road, cinderford, gl14 3al, United Kingdom.
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 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
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
28,049
259
28,308
At 30 November 2018
28,049
259
28,308
Charge for the year
5,610
51
5,661
At 30 November 2018
5,610
51
5,661
At 30 November 2018
22,439
208
22,647
Accrued income and prepayments
574
M-BLAST IND SHOT BLASTING LTD
Notes to the Accounts
for the year ended 30 November 2018
6
Creditors: amounts falling due within one year
2018
Accrued preference dividends
1,139
Loans from directors
22,000
the director has loaned £22000 to the company to finance the purchase of fixed assets. This is a non interest bearing loan repayable over a year
8
Average number of employees
During the year the average number of employees was 1.