Company Registration No. 11044971 (England and Wales)
M-BLAST IND SHOT BLASTING LTD
Unaudited accounts
for the year ended 30 November 2021
M-BLAST IND SHOT BLASTING LTD
Unaudited accounts
Contents
M-BLAST IND SHOT BLASTING LTD
Company Information
for the year ended 30 November 2021
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 2021
Tangible assets
40,685
34,393
Cash at bank and in hand
30,344
21,653
Creditors: amounts falling due within one year
(14,959)
(7,193)
Net current assets
31,258
21,121
Total assets less current liabilities
71,943
55,514
Creditors: amounts falling due after more than one year
(20,527)
(25,000)
Called up share capital
1
1
Profit and loss account
51,415
30,513
Shareholders' funds
51,416
30,514
For the year ending 30 November 2021 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 31 August 2022 and were signed on its behalf by
MARTIN GARDINER
Director
Company Registration No. 11044971
M-BLAST IND SHOT BLASTING LTD
Notes to the Accounts
for the year ended 30 November 2021
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 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
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2020
51,117
-
259
51,376
Additions
3,995
7,000
958
11,953
At 30 November 2021
55,112
7,000
1,217
63,329
At 1 December 2020
16,830
-
153
16,983
Charge for the year
5,610
-
51
5,661
At 30 November 2021
22,440
-
204
22,644
At 30 November 2021
32,672
7,000
1,013
40,685
At 30 November 2020
34,287
-
106
34,393
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
12,895
6,661
M-BLAST IND SHOT BLASTING LTD
Notes to the Accounts
for the year ended 30 November 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
6,541
-
Taxes and social security
4,746
8,162
Loans from directors
-
(2,347)
company loan repaid within one year
7
Creditors: amounts falling due after more than one year
2021
2020
government loan of 25k repayable over 5 years. (bbbl)
8
Average number of employees
During the year the average number of employees was 3 (2020: 3).