Mark Bowditch Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07014765 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2021

for

Mark Bowditch Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M G Bowditch

Mrs L Bowditch

REGISTERED OFFICE:

Bridge House

Woodbridge Road

Grundisburgh

Woodbridge

Suffolk

IP13 6UF

REGISTERED NUMBER:

07014765 (England and Wales)

FIXED ASSETS

Tangible assets

4

38,393

13,337

CURRENT ASSETS

Stocks

1,186

-

Debtors

134,028

40,176

Investments

160,100

212,000

Cash at bank

66,431

201,282

361,745

453,458

CREDITORS

Amounts falling due within one year

43,823

83,280

NET CURRENT ASSETS

317,922

370,178

TOTAL ASSETS LESS CURRENT LIABILITIES

356,315

383,515

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

356,215

383,415

SHAREHOLDERS' FUNDS

356,315

383,515

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2021 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th November 2021 and were signed on its behalf by:

M G Bowditch - Director

1.	STATUTORY INFORMATION

Mark Bowditch Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2020 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2020

17,883

Additions

34,080

At 31st March 2021

51,963

DEPRECIATION

At 1st April 2020

4,546

Charge for year

9,024

At 31st March 2021

13,570

NET BOOK VALUE

At 31st March 2021

38,393

At 31st March 2020

13,337