M.A.D. Commercials Limited Filleted accounts for Companies House (small and micro)
M.A.D. Commercials Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
09518317
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Statement of Financial Position |
2022 |
2021 |
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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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Creditors: amounts falling due within one year |
7 |
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--------- |
--------- |
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Net current assets |
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-------- |
-------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
8 |
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-------- |
-------- |
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Net assets/(liabilities) |
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(
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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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------- |
-------- |
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Shareholders funds/(deficit) |
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(
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------- |
-------- |
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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:
-
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
;
-
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
28 September 2022
, and are signed on behalf of the board by:
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Director |
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Company registration number:
09518317
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Notes to the Financial Statements |
Year ended 31 March 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Summit House, 10 Waterside Court, Newport, NP20 5NT.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Operating leases
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:
Plant and machinery |
- |
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Fixtures and fittings |
- |
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Impairment of fixed assets
Stocks
Finance leases and hire purchase contracts
Government grants
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2021:
2
).
5.
Tangible assets
Plant and machinery |
Fixtures and fittings |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 April 2021 and 31 March 2022 |
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-------- |
------- |
-------- |
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Depreciation |
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At 1 April 2021 |
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Charge for the year |
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– |
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-------- |
------- |
-------- |
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At 31 March 2022 |
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-------- |
------- |
-------- |
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Carrying amount |
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At 31 March 2022 |
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– |
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-------- |
------- |
-------- |
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At 31 March 2021 |
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– |
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-------- |
------- |
-------- |
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6.
Debtors
2022 |
2021 |
|
£ |
£ |
|
Trade debtors |
|
– |
Other debtors |
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--------- |
------- |
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--------- |
------- |
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7.
Creditors:
amounts falling due within one year
2022 |
2021 |
|
£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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--------- |
--------- |
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--------- |
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8.
Creditors:
amounts falling due after more than one year
2022 |
2021 |
|
£ |
£ |
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Bank loans and overdrafts |
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Other creditors |
– |
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-------- |
-------- |
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-------- |
-------- |
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9.
Financial instruments
The carrying amount for each category of financial instrument is as follows:
2022 |
2021 |
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£ |
£ |
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Financial assets measured at fair value through profit or loss
Financial assets measured at fair value through profit or loss |
284,443 |
278,098 |
--------- |
--------- |
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Financial liabilities measured at fair value through profit or loss
Financial liabilities measured at fair value through profit or loss |
143,758 |
226,615 |
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--------- |
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10.
Director's advances, credits and guarantees