MICHAEL CARLING LIMITED

MICHAEL CARLING LIMITED

MICHAEL CARLING LIMITED - Company Information

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MICHAEL CARLING LIMITED

Company Registration Number:
05984158 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2021

Period of accounts

Start date: 01 April 2020

End date: 31 March 2021

MICHAEL CARLING LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2021

Balance sheet
Notes

MICHAEL CARLING LIMITED

Balance sheet

As at 31 March 2021


Notes
2021
2020


£
£
Fixed assets
Intangible assets: 3 881,983 511,158
Tangible assets: 4 55,639 31,149
Total fixed assets: 937,622 542,307
Current assets
Stocks: 1,123 2,354
Debtors:   86,842 91,124
Cash at bank and in hand: 4 93,151
Total current assets: 87,969 186,629
Creditors: amounts falling due within one year:   (415,423) (297,219)
Net current assets (liabilities): (327,454) (110,590)
Total assets less current liabilities: 610,168 431,717
Creditors: amounts falling due after more than one year: 5 (190,224)
Provision for liabilities: (10,571) (5,918)
Total net assets (liabilities): 409,373 425,799
Capital and reserves
Called up share capital: 50 50
Revaluation reserve:6(335,950)(335,950)
Profit and loss account: 745,273 761,699
Shareholders funds: 409,373 425,799

The notes form part of these financial statements

MICHAEL CARLING LIMITED

Balance sheet statements

For the year ending 31 March 2021 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 December 2021
and signed on behalf of the board by:

Name: Mr Michael Carling
Status: Director

The notes form part of these financial statements

MICHAEL CARLING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MICHAEL CARLING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

2. Employees

2021 2020
Average number of employees during the period 6 5

MICHAEL CARLING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

3. Intangible Assets

Total
Cost £
At 01 April 2020 1,027,797
Additions 429,153
At 31 March 2021 1,456,950
Amortisation
At 01 April 2020 516,639
Charge for year 58,328
At 31 March 2021 574,967
Net book value
At 31 March 2021 881,983
At 31 March 2020 511,158

MICHAEL CARLING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

4. Tangible Assets

Total
Cost £
At 01 April 2020 217,136
Additions 50,199
Disposals (137,800)
At 31 March 2021 129,535
Depreciation
At 01 April 2020 185,987
Charge for year 18,546
On disposals (130,637)
At 31 March 2021 73,896
Net book value
At 31 March 2021 55,639
At 31 March 2020 31,149

MICHAEL CARLING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

5. Creditors: amounts falling due after more than one year note

297,219

MICHAEL CARLING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

6. Revaluation reserve

2021
£
Balance at 01 April 2020 (335,950)
Surplus or deficit after revaluation 0
Balance at 31 March 2021 (335,950)