Company Registration No. 07273981 (England and Wales)
Method Architects Limited
Unaudited Accounts for Filing with the Registrar
for the year ended 30 June 2021
Method Architects Limited
Unaudited Accounts for Filing with the Registrar
Contents
Method Architects Limited
Statement of financial position
as at 30 June 2021
Cash at bank and in hand
16,459
32,127
Creditors: amounts falling due within one year
(34,900)
(45,621)
Net current (liabilities)/assets
(4,986)
3,395
Net (liabilities)/assets
(4,986)
4,276
Called up share capital
4
4
Profit and loss account
(4,990)
4,272
Shareholders' funds
(4,986)
4,276
For the year ending 30 June 2021 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 1 March 2022 and were signed on its behalf by
Wendy Ebringer
Director
Company Registration No. 07273981
Method Architects Limited
Notes to the Accounts
for the year ended 30 June 2021
Method Architects Limited is a private company, limited by shares, registered in England and Wales, registration number 07273981. The registered office is OMNIBUS BUSINESS CENTRE, 39-41 NORTH ROAD, LONDON, N7 9DP, 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:
Fixtures & fittings
25% Straight Line
Computer equipment
33% Straight Line
Government grants in relation to the Covid-19 pandemic have been credited to the Profit & Loss account.
4
Tangible fixed assets
Total
5
Transactions with related parties
At 30 June 2021 there were loans due to directors of £7,378. The loans are interest free and repayable on demand.
Method Architects Limited
Notes to the Accounts
for the year ended 30 June 2021
6
Average number of employees
During the year the average number of employees was 4 (2020: 5).
