MERGULO LTD

MERGULO LTD

MERGULO LTD - Company Information

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MERGULO LTD

Company Registration Number:
11853437 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2020

Period of accounts

Start date: 28 February 2019

End date: 28 February 2020

MERGULO LTD

Contents of the Financial Statements

for the Period Ended 28 February 2020

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MERGULO LTD

Profit And Loss Account

for the Period Ended 28 February 2020

2020


£
Turnover: 797
Cost of sales: ( 1,994 )
Gross profit(or loss): (1,197)
Distribution costs: ( 186 )
Administrative expenses: ( 18,033 )
Other operating income: 0
Operating profit(or loss): (19,416)
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: (19,416)
Tax: 0
Profit(or loss) for the financial year: (19,416)

MERGULO LTD

Balance sheet

As at 28 February 2020

Notes 2020


£
Called up share capital not paid: 0
Fixed assets
Intangible assets: 3 16,184
Tangible assets: 4 739
Investments:   0
Total fixed assets: 16,923
Current assets
Stocks: 5 500
Debtors:   0
Cash at bank and in hand: 4,888
Investments:   0
Total current assets: 5,388
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 6 ( 725 )
Net current assets (liabilities): 4,663
Total assets less current liabilities: 21,586
Creditors: amounts falling due after more than one year: 7 ( 18,000 )
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 3,586
Capital and reserves
Called up share capital: 1
Share premium account: 5,000
Other reserves: 18,000
Profit and loss account: (19,415 )
Total Shareholders' funds: 3,586

The notes form part of these financial statements

MERGULO LTD

Balance sheet statements

For the year ending 28 February 2020 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 18 February 2021
and signed on behalf of the board by:

Name: Mairi Hilleary
Status: Director

The notes form part of these financial statements

MERGULO LTD

Notes to the Financial Statements

for the Period Ended 28 February 2020

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MERGULO LTD

Notes to the Financial Statements

for the Period Ended 28 February 2020

  • 2. Employees

    2020
    Average number of employees during the period 1

MERGULO LTD

Notes to the Financial Statements

for the Period Ended 28 February 2020

3. Intangible assets

Goodwill Other Total
Cost £ £ £
Additions 16,184 16,184
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 28 February 2020 16,184 16,184
Amortisation
Charge for year 0 0
On disposals 0 0
Other adjustments 0 0
At 28 February 2020 0 0
Net book value
At 28 February 2020 16,184 16,184

MERGULO LTD

Notes to the Financial Statements

for the Period Ended 28 February 2020

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 0 739 0 0 0 739
Disposals
Revaluations
Transfers
At 28 February 2020 0 739 0 0 0 739
Depreciation
Charge for year
On disposals
Other adjustments
At 28 February 2020
Net book value
At 28 February 2020 0 739 0 0 0 739

MERGULO LTD

Notes to the Financial Statements

for the Period Ended 28 February 2020

5. Stocks

2020
£
Stocks 500
Total 500

MERGULO LTD

Notes to the Financial Statements

for the Period Ended 28 February 2020

6. Creditors: amounts falling due within one year note

2020
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 725
Taxation and social security 0
Accruals and deferred income 0
Total 725

MERGULO LTD

Notes to the Financial Statements

for the Period Ended 28 February 2020

7. Creditors: amounts falling due after more than one year note

2020
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Other creditors 18,000
Total 18,000