MANCHESTER PICTURE & SPORTS FRAMING LIMITED Filleted accounts for Companies House (small and micro)
MANCHESTER PICTURE & SPORTS FRAMING LIMITED Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
05723489
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Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
6 |
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– |
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Cash at bank and in hand |
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------- |
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Creditors: amounts falling due within one year |
7 |
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Net current liabilities |
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Total assets less current liabilities |
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Provisions
Taxation including deferred tax |
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Net assets |
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---- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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---- |
---- |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
15 October 2019
, and are signed on behalf of the board by:
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Director |
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Company registration number:
05723489
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Notes to the Financial Statements |
Year ended 28th February 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Alex House, 260/268 Chapel Street, Salford, Manchester.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Impairment of fixed assets
Stocks
Provisions
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2018:
1
).
5.
Tangible assets
Plant and machinery |
Total |
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£ |
£ |
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Cost |
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At 1st March 2018 |
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Additions |
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At 28th February 2019 |
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Depreciation |
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At 1st March 2018 |
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Charge for the year |
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At 28th February 2019 |
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Carrying amount |
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At 28th February 2019 |
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At 28th February 2018 |
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6.
Debtors
2019 |
2018 |
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£ |
£ |
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Other debtors |
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– |
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7.
Creditors:
amounts falling due within one year
2019 |
2018 |
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£ |
£ |
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Trade creditors |
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Social security and other taxes |
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Other creditors |
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8.
Director's advances, credits and guarantees
Included within other creditors above is an amount of £5,248 (2018: £4,549) owed to the director. No interest has been charged on the amount which is repayable on demand.
9.
Related party transactions
The company was under the control of
Mr D S Hughes
throughout the current and previous period.