Company Registration No. 09416539 (England and Wales)
Margo Interiors Ltd
Filleted Accounts
for the year ended 28 February 2022
Margo Interiors Ltd
Filleted Accounts
Contents
Margo Interiors Ltd
Company Information
for the year ended 28 February 2022
Company Number
09416539 (England and Wales)
Registered Office
166 COLLEGE ROAD
2ND FLOOR
HARROW
HA1 1BH
ENGLAND
Accountants
Klevas Consulting Ltd
OneSixSix
166 College Road
Harrow
Middlesex
HA1 1BH
Margo Interiors Ltd
Statement of financial position
as at 28 February 2022
Cash at bank and in hand
1,885
66,812
Creditors: amounts falling due within one year
(13,434)
(22,743)
Net current assets
50,371
60,255
Total assets less current liabilities
51,257
60,754
Creditors: amounts falling due after more than one year
(43,020)
(50,000)
Called up share capital
100
100
Profit and loss account
8,137
10,654
Shareholders' funds
8,237
10,754
For the year ending 28 February 2022 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 his 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 26 September 2022 and were signed on its behalf by
Marius Zurauskas
Director
Company Registration No. 09416539
Margo Interiors Ltd
Notes to the Accounts
for the year ended 28 February 2022
Margo Interiors Ltd is a private company, limited by shares, registered in England and Wales, registration number 09416539. The registered office is 166 COLLEGE ROAD, 2ND FLOOR, HARROW, HA1 1BH, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. 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
Total
Cost or valuation
At cost
At cost
At 1 March 2021
999
19,846
20,845
At 28 February 2022
1,848
19,846
21,694
At 1 March 2021
500
19,846
20,346
Charge for the year
462
-
462
At 28 February 2022
962
19,846
20,808
At 28 February 2022
886
-
886
At 28 February 2021
499
-
499
Amounts falling due within one year
Accrued income and prepayments
5,141
-
Other debtors
46,771
10,801
Margo Interiors Ltd
Notes to the Accounts
for the year ended 28 February 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
13,434
22,743
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).
