Mark Bettany Joinery Limited - Accounts

Mark Bettany Joinery Limited - Accounts

MARK BETTANY JOINERY LIMITED - Company Information

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2020-04-01 2021-03-31 false Capium Accounts Production 1.1 04159500 bus:AbridgedAccounts 2020-04-01 2021-03-31 04159500 bus:FRS102 2020-04-01 2021-03-31 04159500 bus:AuditExemptWithAccountantsReport 2020-04-01 2021-03-31 04159500 bus:SmallCompaniesRegimeForAccounts 2020-04-01 2021-03-31 04159500 bus:PrivateLimitedCompanyLtd 2020-04-01 2021-03-31 04159500 2020-04-01 2021-03-31 04159500 2021-03-31 04159500 bus:RegisteredOffice 2020-04-01 2021-03-31 04159500 core:WithinOneYear 2021-03-31 04159500 core:AfterOneYear 2021-03-31 04159500 bus:Director1 2020-04-01 2021-03-31 04159500 bus:Director1 2021-03-31 04159500 bus:Director1 2019-04-01 2020-03-31 04159500 2019-04-01 04159500 bus:CompanySecretary1 2020-04-01 2021-03-31 04159500 bus:LeadAgentIfApplicable 2020-04-01 2021-03-31 04159500 2019-04-01 2020-03-31 04159500 2020-03-31 04159500 core:WithinOneYear 2020-03-31 04159500 core:AfterOneYear 2020-03-31 04159500 bus:EntityAccountantsOrAuditors 2019-04-01 2020-03-31 04159500 bus:OrdinaryShareClass1 2020-04-01 2021-03-31 04159500 bus:OrdinaryShareClass1 2021-03-31 04159500 bus:OrdinaryShareClass1 2019-04-01 2020-03-31 04159500 bus:OrdinaryShareClass1 2020-03-31 04159500 core:LandBuildings 2020-04-01 2021-03-31 04159500 core:LandBuildings 2021-03-31 04159500 core:LandBuildings 2020-03-31 04159500 core:PlantMachinery 2020-04-01 2021-03-31 04159500 core:PlantMachinery 2021-03-31 04159500 core:PlantMachinery 2020-03-31 04159500 core:MotorCars 2020-04-01 2021-03-31 04159500 core:MotorCars 2021-03-31 04159500 core:MotorCars 2020-03-31 04159500 core:FurnitureFittings 2020-04-01 2021-03-31 04159500 core:FurnitureFittings 2021-03-31 04159500 core:FurnitureFittings 2020-03-31 04159500 core:ComputerEquipment 2020-04-01 2021-03-31 04159500 core:ComputerEquipment 2021-03-31 04159500 core:ComputerEquipment 2020-03-31 04159500 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2021-03-31 04159500 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2020-03-31 04159500 core:CostValuation core:Non-currentFinancialInstruments 2021-03-31 04159500 core:CostValuation core:Non-currentFinancialInstruments 2020-03-31 04159500 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2021-03-31 04159500 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2021-03-31 04159500 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2021-03-31 04159500 core:Non-currentFinancialInstruments 2021-03-31 04159500 core:Non-currentFinancialInstruments 2020-03-31 04159500 core:ShareCapital 2021-03-31 04159500 core:ShareCapital 2020-03-31 04159500 core:RetainedEarningsAccumulatedLosses 2021-03-31 04159500 core:RetainedEarningsAccumulatedLosses 2020-03-31 04159500 dpl:Item1 2020-04-01 04159500 dpl:Item1 2021-03-31 04159500 dpl:Item1 2019-04-01 04159500 dpl:Item1 2020-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 04159500
England and Wales

 

 

 

MARK BETTANY JOINERY LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 April 2020

End date: 31 March 2021

Mark Bettany Joinery Limited
Contents Page
For the year ended 31 March 2021
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2021 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
SRB Accountancy Limited
31 March 2021



....................................................
SRB Accountancy Limited
King Edward Street
Ashbourne
Derbyshire
DE6 1BW
21 December 2021
1
 
 		 Notes
 		 2021
£		   2020
£
Fixed assets      
Tangible fixed assets 36,389    40,823 
36,389    40,823 
Current assets      
Debtors: amounts falling due within one year 145,898    154,603 
Cash at bank and in hand 414,151    313,387 
560,049    467,990 
Creditors: amount falling due within one year (241,357)   (254,214)
Net current assets 318,692    213,776 
 
Total assets less current liabilities 355,081    254,599 
Provisions for liabilities 0    (3,904)
Net assets 355,081    250,695 
 

Capital and reserves 		     
Called up share capital 2    2 
Profit and loss account 355,079    250,693 
Shareholder's funds 355,081    250,695 
 


For the year ended 31 March 2021 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 21 December 2021 and were signed by:


--------------------------------
Mr M Bettany
Director
2
General Information
Mark Bettany Joinery Limited is a private company, limited by shares, registered in England and Wales, registration number 04159500, registration address Compton Offices, King Edward Street, Ashbourne, Derbyshire, DE6 1BW

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 0% Straight Line
Plant and Machinery 15% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures and Fittings 15% Reducing Balance
Computer Equipment 15% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 1 (2020 : 1).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Plant and Machinery   Motor Vehicles   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £   £   £
At 01 April 2020 19,761    26,433    15,056    1,447    3,146    65,843 
Additions -    365    -    -    -    365 
Disposals -    -    -    -    -    - 
At 31 March 2021 19,761    26,798    15,056    1,447    3,146    66,208 
Depreciation
At 01 April 2020 -    14,871    6,544    1,285    2,320    25,020 
Charge for year -    1,789    2,834    29    147    4,799 
On disposals -    -    -    -    -    - 
At 31 March 2021 -    16,660    9,378    1,314    2,467    29,819 
Net book values
Closing balance as at 31 March 2021 19,761    10,138    5,678    133    679    36,389 
Opening balance as at 01 April 2020 19,761    11,562    8,512    162    826    40,823 


4.

Share Capital

Authorised
2 Ordinary shares of £1.00 each
Allotted, called up and fully paid
2021
£		   2020
£
2 Ordinary shares of £1.00 each 2    2 
2    2 

3