Masters Outdoor Leisure Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09366747 (England and Wales)

MASTERS OUTDOOR LEISURE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

Page

Balance Sheet

1

to

2

FIXED ASSETS

3,559

3,176

CURRENT ASSETS

570,286

293,350

CREDITORS

Amounts falling due within one year

(459,640

)

(156,317

)

NET CURRENT ASSETS

110,646

137,033

TOTAL ASSETS LESS CURRENT LIABILITIES

114,205

140,209

CREDITORS

Amounts falling due after more than one year

52,500

109,624

NET ASSETS

61,705

30,585

CAPITAL AND RESERVES

61,705

30,585

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Masters Outdoor Leisure Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09366747

Registered office:

Unit 2 Central Avenue

Corngreaves Trading Estate

Cradley Heath

West Midlands

B64 7BY

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 7 (2020 - 6 ) .

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2021 and 31 August 2020:

2021

2020

£

£

I E Masters

Balance outstanding at start of year

22,335

2,335

Amounts advanced

11,000

20,000

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

33,335

22,335

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 6 December 2021 and were signed on its behalf by:

I E Masters - Director