Company Registration No. 11044971 (England and Wales)
M-BLAST IND SHOT BLASTING LTD
Unaudited accounts
for the year ended 30 November 2022
M-BLAST IND SHOT BLASTING LTD
Unaudited accounts
Contents
M-BLAST IND SHOT BLASTING LTD
Company Information
for the year ended 30 November 2022
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 2022
Tangible assets
49,144
40,685
Cash at bank and in hand
13,958
30,344
Creditors: amounts falling due within one year
(12,076)
(14,959)
Net current assets
22,888
31,258
Total assets less current liabilities
72,032
71,943
Creditors: amounts falling due after more than one year
(12,442)
(20,527)
Called up share capital
1
1
Profit and loss account
59,589
51,415
Shareholders' funds
59,590
51,416
For the year ending 30 November 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 30 August 2023 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 2022
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 2021
55,112
7,000
1,217
63,329
Additions
15,520
-
-
15,520
At 30 November 2022
70,632
7,000
1,217
78,849
At 1 December 2021
22,440
-
204
22,644
Charge for the year
5,610
1,400
51
7,061
At 30 November 2022
28,050
1,400
255
29,705
At 30 November 2022
42,582
5,600
962
49,144
At 30 November 2021
32,672
7,000
1,013
40,685
M-BLAST IND SHOT BLASTING LTD
Notes to the Accounts
for the year ended 30 November 2022
Amounts falling due within one year
Trade debtors
19,492
12,895
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
5,500
6,541
Taxes and social security
5,220
4,746
Loans from directors
(5,000)
-
company loan repaid within one year
7
Creditors: amounts falling due after more than one year
2022
2021
government loan of 25k repayable over 5 years. (bbbl)
8
Average number of employees
During the year the average number of employees was 3 (2021: 3).