Matt Carr Design Limited Accounts

MATT CARR DESIGN LIMITED - Company Information






Matt Carr Design Limited

	Company No. 07263423
		Information for Filing with The Registrar
		31 May 2022

The Director presents his report and the accounts for the year ended 31 May 2022.

Principal activities
The principal activity of the company during the year under review was Graphic Design.




Director

The Director who served at any time during the year was as follows:

M.C. Carr





































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

M.C. Carr
Director
28 February 2023

at	31 May 2022
Company No.		07263423	Notes	2022	2021
				£	£
Fixed assets

	Tangible assets		4	2,823	3,529


				2,823	3,529
Current assets



	Cash at bank and in hand			4,932	11,630
				4,932	11,630
Creditors: Amount falling due within one year			5	(5,999)	(14,105)
Net current liabilities				(1,067)	(2,475)
Total assets less current liabilities				1,756	1,054




Net assets				1,756	1,054

Capital and reserves
	Called up share capital			200	200



	Profit and loss account		6	1,556	854

Total equity				1,756	1,054



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 May 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 28 February 2023
And signed on its behalf by:
M.C. Carr
Director
28 February 2023

for the year ended 31 May 2022

General information

Its registered number is: 07263423

Its registered office is:

The Old Dairy, Mill Farm

Hankham Hall Road, Hankham

Pevensey

East Sussex

BN24 5AG

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2022	2021
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	2

4	Tangible fixed assets
			Plant and machinery	Fixtures, fittings and equipment	Total
			£	£	£
		Cost or revaluation
		At 1 June 2021	730	10,744	11,474




		At 31 May 2022	730	10,744	11,474
		Depreciation
		At 1 June 2021	431	7,514	7,945
		Charge for the year	60	646	706



		At 31 May 2022	491	8,160	8,651
		Net book values
		At 31 May 2022	239	2,584	2,823
		At 31 May 2021	299	3,230	3,529

5	Creditors:
		amounts falling due within one year
			2022	2021
			£	£






		Corporation tax	5,983	6,543

		Loans from directors	17	7,563

		Accruals and deferred income	(1)	(1)
			5,999	14,105

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

7	Dividends
			2022	2021
			£	£
		Dividends for the period:
		Dividends paid in the period	24,100	32,500

			24,100	32,500

		Dividends by type:

		Equity dividends	24,100	32,500
			24,100	32,500