Myddeltons Limited,Ltd - AccountsLtd - Accounts

Myddeltons Limited,Ltd - AccountsLtd - Accounts

MYDDELTONS LIMITED - Company Information

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2018-04-01 03485587 2019-03-31 03485587 2018-04-01 2019-03-31 03485587 2018-03-31 03485587 2017-04-01 2018-03-31 03485587 uk-core:WithinOneYear 2018-03-31 03485587 uk-core:WithinOneYear 2019-03-31 03485587 uk-core:AfterOneYear 2018-03-31 03485587 uk-core:AfterOneYear 2019-03-31 03485587 uk-core:ShareCapital 2019-03-31 03485587 uk-core:ShareCapital 2018-03-31 03485587 uk-core:RetainedEarningsAccumulatedLosses 2019-03-31 03485587 uk-core:RetainedEarningsAccumulatedLosses 2018-03-31 03485587 uk-bus:Director1 2018-04-01 2019-03-31 03485587 uk-core:WithinOneYear 2019-03-31 03485587 uk-core:WithinOneYear 2018-03-31 03485587 uk-core:AfterOneYear uk-core:Secured 2019-03-31 03485587 uk-core:AfterOneYear uk-core:Secured 2018-03-31 iso4217:GBP 03485587 uk-bus:AuditExemptWithAccountantsReport 2018-04-01 2019-03-31 03485587 uk-bus:FRS102 2018-04-01 2019-03-31 03485587 uk-bus:FullAccounts 2018-04-01 2019-03-31 03485587 uk-bus:PrivateLimitedCompanyLtd 2018-04-01 2019-03-31
Myddeltons Limited
Registered Number:03485587
For the year ended 31 March 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2019
Myddeltons Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 March 2019
Myddeltons Limited
Statement of Financial Position
Registered Number :
03485587
£
£
2018
2019
Notes
Fixed assets
Property, plant and equipment
2,954
3,563
2
2,954
3,563
Current assets
Inventories
8,705
8,748
3
Trade and other receivables
30,367
21,583
4
1,121
Cash and cash equivalents
308
30,639
40,193
Trade and other payables: amounts falling due within one
year
(28,714)
(25,544)
5
11,479
5,095
Net current assets
Total assets less current liabilities
8,049
15,042
Trade and other payables: amounts falling due after more
than one year
(9,251)
(1,248)
6
6,801
Net assets
5,791
Capital and reserves
Called up share capital
20,002
20,002
Retained earnings
(13,201)
(14,211)
6,801
5,791
Shareholders' funds
For the year ended 31 March 2019 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 of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
John Matthews Director
These financial statements were approved and authorised for issue by the Board on 23 December 2019 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2019
Myddeltons Limited
Notes to the Financial Statements
Statutory Information
Myddeltons Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 03485587.
Registered address:
Epic House
128 Fulwell Road
Teddington
Middlesex
TW11 0RQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2. Property, plant and equipment
Fixtures and
fittings
£
Cost or
valuation
At 01 April 2018
35,482
375
Additions
At 31 March 2019
35,857
Provision for depreciation and impairment
At 01 April 2018
31,919
Charge for year
984
At 31 March 2019
32,903
At 31 March 2019
Net book value
2,954
At 31 March 2018
3,563
3. Inventories
2018
2019
£
£
Stocks
8,748
8,705
2 of 3
5
For the year ended 31 March 2019
Myddeltons Limited
Notes to the Financial Statements Continued
4. Trade and other receivables
2018
2019
£
£
Trade debtors
4,533
11,592
Other debtors
17,050
18,775
30,367
21,583
5. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Bank loans and overdraft
12,951
14,083
Trade creditors
-
4,000
Taxation and social security
6,862
3,347
Other creditors
5,731
7,284
25,544
28,714
6. Trade and other payables: amounts falling due after more than one year
2018
2019
£
£
Bank loans and overdraft
1,248
9,251
7. Related party transactions
At the balance sheet date Myddeltons Limited was owed £17,050 (2018 : £16,827) by Creative Salad Company
Limited, a company in which Mr J Matthews is the sold director and shareholder.
During the year Myddletons Limited rented premises from Mr J Matthews (Company Director) totalling £24,000 (2018
: £24,000).
8. Directors advances and guarantees
At the balance sheet date Mr J Matthews was owed £568 (2018 : £1,511).
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