Company Registration No. 14093976 (England and Wales)
Custom Mast Repairs and Hydraulics Limited
Unaudited accounts
for the period from 9 May 2022 to 31 May 2023
Custom Mast Repairs and Hydraulics Limited
Unaudited accounts
Contents
Custom Mast Repairs and Hydraulics Limited
Company Information
for the period from 9 May 2022 to 31 May 2023
Company Number
14093976 (England and Wales)
Registered Office
15 HAWTHORN CLOSE
HEDGE END
SOUTHAMPTON
SO30 0QP
ENGLAND
Custom Mast Repairs and Hydraulics Limited
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
4,508
Creditors: amounts falling due within one year
(69,875)
Total assets less current liabilities
22,611
Creditors: amounts falling due after more than one year
(4,971)
Profit and loss account
17,639
Shareholders' funds
17,640
For the period ending 31 May 2023 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 12 November 2023 and were signed on its behalf by
T Ormond
Director
Company Registration No. 14093976
Custom Mast Repairs and Hydraulics Limited
Notes to the Accounts
for the period from 9 May 2022 to 31 May 2023
Custom Mast Repairs and Hydraulics Limited is a private company, limited by shares, registered in England and Wales, registration number 14093976. The registered office is 15 HAWTHORN CLOSE, HEDGE END, SOUTHAMPTON, SO30 0QP, ENGLAND.
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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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
Charge for the period
2,460
Intangible assets are amortised over their useful life.
Amounts falling due after more than one year
Custom Mast Repairs and Hydraulics Limited
Notes to the Accounts
for the period from 9 May 2022 to 31 May 2023
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Creditors: amounts falling due within one year
2023
Bank loans and overdrafts
2,200
Taxes and social security
8,116
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Creditors: amounts falling due after more than one year
2023
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Average number of employees
During the period the average number of employees was 2.