Mauriac Limited - Accounts to registrar (filleted) - small 18.2
Mauriac Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 March 2021 |
| for |
| Mauriac Limited |
| Mauriac Limited (Registered number: 03338159) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Mauriac Limited |
| Company Information |
| for the Year Ended 31 March 2021 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| 35 Hen Parc Avenue |
| Upper Killay |
| Swansea |
| SA2 7HA |
| Mauriac Limited (Registered number: 03338159) |
| Balance Sheet |
| 31 March 2021 |
| 31.3.21 | 31.3.20 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 6 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 7 |
| Retained earnings | 7 |
| SHAREHOLDERS' FUNDS |
| 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. |
| Mauriac Limited (Registered number: 03338159) |
| Balance Sheet - continued |
| 31 March 2021 |
| 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 |
| Mauriac Limited (Registered number: 03338159) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2021 |
| 1. | STATUTORY INFORMATION |
| Mauriac Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents rents received. |
| Tangible fixed assets |
| Freehold property | - |
| Fixtures and fittings | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Mauriac Limited (Registered number: 03338159) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2021 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | and |
| property | fittings | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1 April 2020 |
| Revaluations |
| At 31 March 2021 |
| DEPRECIATION |
| At 1 April 2020 |
| Charge for year |
| At 31 March 2021 |
| NET BOOK VALUE |
| At 31 March 2021 |
| At 31 March 2020 |
| Freehold properties were valued on an open market basis on 16 November 2020 by Astleys, Chartered Surveyors. |
| If freehold properties had not been revalued they would have been included on the historical basis at a cost of £225,709. |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.21 | 31.3.20 |
| £ | £ |
| Amounts owed to related undertakings |
| Taxation and social security |
| Other creditors |
| 6. | PROVISIONS FOR LIABILITIES |
| 31.3.21 | 31.3.20 |
| £ | £ |
| Deferred tax | 15 | 22 |
| Deferred |
| tax |
| £ |
| Balance at 1 April 2020 |
| Credit to Income Statement during year | ( |
) |
| Balance at 31 March 2021 |
| Mauriac Limited (Registered number: 03338159) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2021 |
| 7. | RESERVES |
| Retained | Revaluation |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1 April 2020 | 250,982 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| No description | - | 374,291 | 374,291 |
| At 31 March 2021 | 650,021 |
| 8. | RELATED PARTY DISCLOSURES |
| During the year, total dividends of £2,000 (2020 - £16,000) were paid to the directors . |
| 9. | ULTIMATE CONTROLLING PARTY |
| The controlling party is W N Francis. |