Merrynissey Ltd Filleted accounts for Companies House (small and micro)

MERRYNISSEY LIMITED - Company Information

0 false false false false false false false false false true false false false false false false No description of principal activity 2021-01-01 Sage Accounts Production Advanced 2020 - FRS102_2019 xbrli:pure xbrli:shares iso4217:GBP 10524295 2021-01-01 2021-12-31 10524295 2021-12-31 10524295 2020-12-31 10524295 bus:LeadAgentIfApplicable 2021-01-01 2021-12-31 10524295 bus:Director1 2021-01-01 2021-12-31 10524295 core:WithinOneYear 2021-12-31 10524295 core:WithinOneYear 2020-12-31 10524295 core:AfterOneYear 2021-12-31 10524295 core:ShareCapital 2021-12-31 10524295 core:ShareCapital 2020-12-31 10524295 core:RetainedEarningsAccumulatedLosses 2021-12-31 10524295 core:RetainedEarningsAccumulatedLosses 2020-12-31 10524295 core:CostValuation core:Non-currentFinancialInstruments 2021-12-31 10524295 core:Non-currentFinancialInstruments 2021-12-31 10524295 core:Non-currentFinancialInstruments 2020-12-31 10524295 bus:SmallEntities 2021-01-01 2021-12-31 10524295 bus:AuditExemptWithAccountantsReport 2021-01-01 2021-12-31 10524295 bus:AbridgedAccounts 2021-01-01 2021-12-31 10524295 bus:SmallCompaniesRegimeForAccounts 2021-01-01 2021-12-31 10524295 bus:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31

COMPANY REGISTRATION NUMBER: 10524295

Merrynissey Ltd

Filleted Unaudited Abridged Financial Statements

31 December 2021

Merrynissey Ltd

Abridged Financial Statements

Year ended 31 December 2021

Contents	Page

Chartered accountant's report to the director on the preparation of the unaudited statutory abridged financial statements	1

Abridged statement of financial position	2

Notes to the abridged financial statements	4

Merrynissey Ltd

Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Abridged Financial Statements of Merrynissey Ltd

Year ended 31 December 2021

As described on the abridged statement of financial position, the director of the company is responsible for the preparation of the abridged financial statements for the year ended 31 December 2021, which comprise the abridged statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these abridged financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

HARPER SHELDON LIMITED Chartered accountants

Midway House Staverton Technology Park Herrick Way, Staverton Cheltenham, Glos. GL51 6TQ

28 February 2022

Merrynissey Ltd

Abridged Statement of Financial Position

31 December 2021

	2021	2020
Note	£	£

Fixed assets

Investments	4	340,000	340,000

Current assets

Cash at bank and in hand	390	1,666

Creditors: amounts falling due within one year	280,283	366,012
	---------	---------
Net current liabilities	279,893	364,346
	---------	---------
Total assets less current liabilities	60,107	( 24,346)

Creditors: amounts falling due after more than one year	87,077	–
	--------	--------
Net liabilities	( 26,970)	( 24,346)
	--------	--------

Capital and reserves

Called up share capital	1	1
Profit and loss account	( 26,971)	( 24,347)
	--------	--------
Shareholders deficit	( 26,970)	( 24,346)
	--------	--------

These abridged 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 Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.

For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 December 2021 in accordance with Section 444(2A) of the Companies Act 2006.

Merrynissey Ltd

Abridged Statement of Financial Position (continued)

31 December 2021

These abridged financial statements were approved by the board of directors and authorised for issue on 28 February 2022 , and are signed on behalf of the board by:

Mr M Cleary
Director

Company registration number: 10524295

Merrynissey Ltd

Notes to the Abridged Financial Statements

Year ended 31 December 2021

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 26 Southam Road, Radford Semele, Leamington Spa, CV31 1TA.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Investments

	£
Cost
At 1 January 2021 and 31 December 2021	340,000
	---------
Impairment
At 1 January 2021 and 31 December 2021	–
	---------
Carrying amount
At 31 December 2021	340,000
	---------
At 31 December 2020	340,000
	---------