Marsha Lea Bridal Studio Ltd

Marsha Lea Bridal Studio Ltd

MARSHA LEA BRIDAL STUDIO LTD - Company Information

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6 April 2019 false No description of principal activity Taxfiler 2020.12 5759127business:PrivateLimitedCompanyLtd2019-04-062020-04-05 57591272019-04-05 57591272019-04-062020-04-05 5759127business:AuditExemptWithAccountantsReport2019-04-062020-04-05 5759127business:FullAccounts2019-04-062020-04-05 57591272020-04-05 5759127business:Director12019-04-062020-04-05 57591272019-04-06 5759127core:WithinOneYear2020-04-05 5759127core:WithinOneYear2019-04-06 5759127core:ShareCapital2020-04-05 5759127core:ShareCapital2019-04-06 5759127core:RetainedEarningsAccumulatedLosses2020-04-05 5759127core:RetainedEarningsAccumulatedLosses2019-04-06 5759127business:SmallEntities2019-04-062020-04-05 5759127countries:EnglandWales2019-04-062020-04-05 5759127core:PlantMachinery2019-04-05 5759127core:MotorVehicles2019-04-05 5759127core:FurnitureFittings2019-04-05 5759127core:PlantMachinery2019-04-062020-04-05 5759127core:MotorVehicles2019-04-062020-04-05 5759127core:FurnitureFittings2019-04-062020-04-05 5759127core:PlantMachinery2020-04-05 5759127core:MotorVehicles2020-04-05 5759127core:FurnitureFittings2020-04-05 5759127business:OrdinaryShareClass12019-04-062020-04-05 5759127business:OrdinaryShareClass12018-04-072019-04-06 57591272018-04-072019-04-06 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 5759127 (England and Wales)
Marsha Lea Bridal Studio Ltd Unaudited accounts for the year ended 5 April 2020
Marsha Lea Bridal Studio Ltd Unaudited accounts Contents
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Marsha Lea Bridal Studio Ltd Company Information for the year ended 5 April 2020
Director
Janeen Newton
Company Number
5759127 (England and Wales)
Accountants
Smeaton & Holmes Ltd Market Street House 72 Market Street Dalton-in-Furness Cumbria LA15 8AA
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Marsha Lea Bridal Studio Ltd Statement of financial position as at 5 April 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
503 
90 
Current assets
Inventories
5
15,000 
18,000 
Debtors
6
9,729 
9,913 
Cash at bank and in hand
206 
2,061 
24,935 
29,974 
Creditors: amounts falling due within one year
7
(5,072)
(1,317)
Net current assets
19,863 
28,657 
Net assets
20,366 
28,747 
Capital and reserves
Called up share capital
8
1 
1 
Profit and loss account
20,365 
28,746 
Shareholders' funds
20,366 
28,747 
For the year ending 5 April 2020 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 her 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 27 October 2020 and were signed on its behalf by
Janeen Newton Director Company Registration No. 5759127
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Marsha Lea Bridal Studio Ltd Notes to the Accounts for the year ended 5 April 2020
1
Statutory information
Marsha Lea Bridal Studio Ltd is a private company, limited by shares, registered in England and Wales, registration number 5759127.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
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 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 6 April 2019
- 
1,969 
884 
2,853 
Additions
505 
- 
- 
505 
At 5 April 2020
505 
1,969 
884 
3,358 
Depreciation
At 6 April 2019
- 
1,907 
856 
2,763 
Charge for the year
70 
15 
7 
92 
At 5 April 2020
70 
1,922 
863 
2,855 
Net book value
At 5 April 2020
435 
47 
21 
503 
At 6 April 2019
- 
62 
28 
90 
5
Inventories
2020 
2019 
£ 
£ 
Finished goods
15,000 
18,000 
15,000 
18,000 
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Marsha Lea Bridal Studio Ltd Notes to the Accounts for the year ended 5 April 2020
6
Debtors
2020 
2019 
£ 
£ 
Other debtors
9,729 
9,913 
7
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade creditors
1,499 
- 
Taxes and social security
3,573 
1,199 
Other creditors
- 
118 
5,072 
1,317 
8
Share capital
2020 
2019 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 0 (2019: 0).
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