Maddogs Television Limited
Maddogs Television Limited
Registered number: 05390817
Unaudited Financial Statements
For The Year Ended
31 March 2021
Hargreaves & Co
Maddogs Television Limited
Unaudited Financial Statements
For The Year Ended
31 March 2021
Unaudited Financial Statements
| Contents | |
| Page | |
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| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—5 |
Maddogs Television Limited
Balance Sheet
As at
31 March 2021
Balance Sheet
Registered number:
05390817
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 4 |
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| CURRENT ASSETS | |||||
| Debtors | 5 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 6 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 7 |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 8 |
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| Share premium account |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 295,578 | 259,293 | |||
Page 1
Maddogs Television Limited
Balance Sheet (continued)
As at
31 March 2021
Director's responsibilities
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The member has 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. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on pages 3 to 5 form part of these financial statements.
Page 2
Maddogs Television Limited
Notes to the Financial Statements
For The Year Ended
31 March 2021
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
1.3.
Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Motor Vehicles |
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| Fixtures & Fittings |
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1.4.
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.
1.5.
Goodwill
Goodwill has now been completely written off.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 8 (2020: 8)
3.
Intangible Assets
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| Cost | |||
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| Amortisation | |||
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| Net Book Value | |||
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Page 3
Maddogs Television Limited
Notes to the Financial Statements (continued)
For The Year Ended
31 March 2021
4.
Tangible Assets
| Motor Vehicles | Fixtures & Fittings | Total | |
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| £ | £ | £ | |
| Cost | |||
| As at
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| Additions |
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| Depreciation | |||
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| Provided during the period |
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| Net Book Value | |||
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5.
Debtors
| 2021 | 2020 | ||
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| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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6.
Creditors: Amounts Falling Due Within One Year
| 2021 | 2020 | ||
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| £ | £ | ||
| Trade creditors |
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| Corporation tax |
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| VAT |
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| Other creditors |
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| Special Loan Account |
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| Pension |
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| Social Security & Other Taxes |
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| Accruals and deferred income |
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| Director's loan account |
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7.
Creditors: Amounts Falling Due After More Than One Year
| 2021 | 2020 | ||
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| £ | £ | ||
| Bounce back loan |
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Page 4
Maddogs Television Limited
Notes to the Financial Statements (continued)
For The Year Ended
31 March 2021
9.
Related Party Transactions
The company was controlled throughout the year by its director Mr M Huntley, by the virtue of the fact that he owned all of the ordinary share capital of the company.
The amount owed to the director by the company at the end of the year was £12,313 (2020 : £11,853).
The controlling shareholder and director, Mr Martin Huntley, is also a controlling shareholder and director of Kits 2 Go Ltd, a company registered in England.
10.
Ultimate Controlling Party
The controlling party is Mr M Huntley.
The controlling party of Maddogs Television Limited is the director as disclosed in the report of the directors.
11.
General Information
Maddogs Television Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
05390817
. The registered office is The Dog House, Pound Lane, Copythorne, Hampshire, SO40 2PD.
Page 5