Tudor Marketing (UK) Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04814231 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2020

for

Tudor Marketing (UK) Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

1,119

2,367

CURRENT ASSETS

Stocks

22,400

22,232

Debtors

5

19,349

18,089

Cash at bank and in hand

12,545

7,061

54,294

47,382

CREDITORS

Amounts falling due within one year

6

50,382

36,885

NET CURRENT ASSETS

3,912

10,497

TOTAL ASSETS LESS CURRENT LIABILITIES

5,031

12,864

CREDITORS

Amounts falling due after more than one year

7

4,000

12,000

NET ASSETS

1,031

864

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

931

764

SHAREHOLDERS' FUNDS

1,031

864

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 September 2020 and were signed on its behalf by:

Mr M A T Price - Director

1.	STATUTORY INFORMATION

Tudor Marketing (UK) Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address are as below:

Registered number:

04814231

Registered office:

Dairy Barn

Honor End Lane

Great Missenden

Buckinghamshire

HP16 9QZ

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2019

and 31 March 2020

4,582

9,906

14,488

DEPRECIATION

At 1 April 2019

3,150

8,971

12,121

Charge for year

729

519

1,248

At 31 March 2020

3,879

9,490

13,369

NET BOOK VALUE

At 31 March 2020

703

416

1,119

At 31 March 2019

1,432

935

2,367

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade debtors

3,249

-

Other debtors

16,100

18,089

19,349

18,089

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Bank loans and overdrafts

9,079

9,345

Trade creditors

4,155

4,152

Taxation and social security

35,255

20,051

Other creditors

1,893

3,337

50,382

36,885

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.20

31.3.19

£

£

Bank loans

4,000

12,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.20

31.3.19

value:

£

£

100

Ordinary

£1.00

100

100

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2020 and

31 March 2019:

31.3.20

31.3.19

£

£

Mr M A T Price and Mrs J M Price

Balance outstanding at start of year

17,484

5,992

Amounts advanced

110,966

103,088

Amounts repaid

(112,663

)

(91,596

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

15,787

17,484

The year end balance of £15,787 (2019 - £17,484) was repaid after the year end.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr M A T Price.

The ultimate controlling party is Mr M A T Price.