Sam Morgan Moore Ltd

Sam Morgan Moore Ltd

SAM MORGAN MOORE LTD - Company Information

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Company Registration No. 04606595 (England and Wales)
Sam Morgan Moore Ltd Unaudited accounts for the year ended 31 March 2022
Sam Morgan Moore Ltd Unaudited accounts Contents
Page
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Sam Morgan Moore Ltd Company Information for the year ended 31 March 2022
Director
S M Moore
Company Number
04606595 (England and Wales)
Registered Office
437 GLOUCESTER ROAD HORFIELD BRISTOL BS7 8TZ ENGLAND
Accountants
Evans Entwistle 432 Gloucester Rd Bristol BS7 8TX
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Sam Morgan Moore Ltd for the year ended 31 March 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Sam Morgan Moore Ltd for the year ended 31 March 2022 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice 432 Gloucester Rd Bristol BS7 8TX 15 July 0202
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Sam Morgan Moore Ltd Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,483 
1,618 
Current assets
Inventories
18,544 
19,328 
Debtors
5
505 
674 
Cash at bank and in hand
9,649 
14,306 
28,698 
34,308 
Creditors: amounts falling due within one year
6
(7,474)
(20,274)
Net current assets
21,224 
14,034 
Total assets less current liabilities
22,707 
15,652 
Creditors: amounts falling due after more than one year
7
(19,759)
(22,722)
Net assets/(liabilities)
2,948 
(7,070)
Capital and reserves
Called up share capital
8
1,000 
1,000 
Profit and loss account
1,948 
(8,070)
Shareholders' funds
2,948 
(7,070)
For the year ending 31 March 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 15 July 2022 and were signed on its behalf by
S M Moore Director Company Registration No. 04606595
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Sam Morgan Moore Ltd Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
Sam Morgan Moore Ltd is a private company, limited by shares, registered in England and Wales, registration number 04606595. The registered office is 437 GLOUCESTER ROAD, HORFIELD, BRISTOL, BS7 8TZ, 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.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
5% on cost
Computer equipment
25% on cost
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2021
2,697 
At 31 March 2022
2,697 
Depreciation
At 1 April 2021
1,079 
Charge for the year
135 
At 31 March 2022
1,214 
Net book value
At 31 March 2022
1,483 
At 31 March 2021
1,618 
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Sam Morgan Moore Ltd Notes to the Accounts for the year ended 31 March 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
VAT
505 
- 
Other debtors
- 
674 
505 
674 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
521 
- 
Taxes and social security
1,695 
- 
Other creditors
4,058 
15,274 
Accruals
1,200 
5,000 
7,474 
20,274 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Loans from directors
19,759 
22,722 
8
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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