Company Registration No. 9088143 (England and Wales)
MODERN GLASS & MIRRORS LTD
Unaudited accounts
for the year ended 30 June 2021
MODERN GLASS & MIRRORS LTD
Unaudited accounts
Contents
MODERN GLASS & MIRRORS LTD
Company Information
for the year ended 30 June 2021
Director
Mr Miroslaw DYNOWSKI
Company Number
9088143 (England and Wales)
Registered Office
259A BURNT OAK BROADWAY
EDGWARE
MIDDLESEX
HA8 5ED
UNITED KINGDOM
MODERN GLASS & MIRRORS LTD
Statement of financial position
as at 30 June 2021
Tangible assets
22,246
27,243
Cash at bank and in hand
31,918
3,873
Creditors: amounts falling due within one year
(76,279)
(60,241)
Net current assets
79,723
72,608
Total assets less current liabilities
101,969
99,851
Creditors: amounts falling due after more than one year
769
(2,594)
Called up share capital
2
2
Profit and loss account
102,736
97,255
Shareholders' funds
102,738
97,257
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 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 10 February 2022 and were signed on its behalf by
Mr Miroslaw DYNOWSKI
Director
Company Registration No. 9088143
MODERN GLASS & MIRRORS LTD
Notes to the Accounts
for the year ended 30 June 2021
MODERN GLASS & MIRRORS LTD is a private company, limited by shares, registered in England and Wales, registration number 9088143. The registered office is 259A BURNT OAK BROADWAY, EDGWARE, MIDDLESEX, HA8 5ED, UNITED KINGDOM.
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
3 years
Computer equipment
3 years
Other tangible fixed assets
3 years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2020
18,317
19,322
9,595
417
47,651
At 30 June 2021
18,317
19,322
9,595
417
47,651
At 1 July 2020
3,800
8,694
7,497
417
20,408
Charge for the year
-
2,898
2,099
-
4,997
At 30 June 2021
3,800
11,592
9,596
417
25,405
At 30 June 2021
14,517
7,730
(1)
-
22,246
At 30 June 2020
14,517
10,628
2,098
-
27,243
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
124,084
128,976
MODERN GLASS & MIRRORS LTD
Notes to the Accounts
for the year ended 30 June 2021
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
36,338
18,437
Other creditors
8,434
19,742
Loans from directors
4,382
-
7
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
(769)
2,594
8
Average number of employees
During the year the average number of employees was 5 (2020: 5).
