Martin Ralph Group Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08034408 (England and Wales)

Financial Statements

for the Year Ended 31 December 2020

for

MARTIN RALPH GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R A Martin

A Watt

Miss S A Martin

SECRETARY:

Mrs A R Martin

REGISTERED OFFICE:

9 Oyster Mews

French Street

Portsmouth

Hampshire

PO1 2JS

REGISTERED NUMBER:

08034408 (England and Wales)

ACCOUNTANTS:

Hunter Simmons Ltd

EMP Building

Unit 1, 4 Solent Road

Havant

Portsmouth

Hampshire

PO9 1JH

FIXED ASSETS

Investments

4

36,409

304

CURRENT ASSETS

Debtors

5

245,268

118,217

Cash at bank

66,235

9,202

311,503

127,419

CREDITORS

Amounts falling due within one year

6

115,966

(94,169

)

NET CURRENT ASSETS

195,537

221,588

TOTAL ASSETS LESS CURRENT LIABILITIES

231,946

221,892

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

231,846

221,792

SHAREHOLDERS' FUNDS

231,946

221,892

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 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.

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 28 July 2021 and were signed on its behalf by:

R A Martin - Director

1.	STATUTORY INFORMATION

Martin Ralph Group Limited 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 3 (2019 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 1 January 2020

304

-

304

Additions

145

36,000

36,145

Disposals

(40

)

-

(40

)

At 31 December 2020

409

36,000

36,409

NET BOOK VALUE

At 31 December 2020

409

36,000

36,409

At 31 December 2019

304

-

304

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Amounts owed by group undertakings

87,180

102,129

Other debtors

158,088

16,088

245,268

118,217

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

710

-

Amounts owed to group undertakings

-

42,788

Taxation and social security

18,582

-

Other creditors

96,674

(136,957

)

115,966

(94,169

)

7.	ULTIMATE CONTROLLING PARTY

The controlling party is R A Martin.