Margate Townhouse Ltd - Period Ending 2022-09-30

Margate Townhouse Ltd

Contents

Company Information	1
Accountants' Report	2
Profit and Loss Account	3
Balance Sheet	4
Notes to the Unaudited Financial Statements	4

Margate Townhouse Ltd

Company Information

Director

Mr Anthony Shoring

Registered office

84 Crantock Road Catford London SE6 2QP

Accountants

Aims Accountants 84Crantock Road London London SE6 2QP

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Margate Townhouse Ltd
for the Year Ended 30 September 2022

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Margate Townhouse Ltd for the year ended 30 September 2022 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Margate Townhouse Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Margate Townhouse Ltd and state those matters that we have agreed to state to the Board of Directors of Margate Townhouse Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Margate Townhouse Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Margate Townhouse Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Margate Townhouse Ltd. You consider that Margate Townhouse Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Margate Townhouse Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Aims Accountants
84Crantock Road
London
London
SE6 2QP

19 June 2023

Margate Townhouse Ltd

Profit and Loss Account for the Year Ended 30 September 2022

	2022 £	2021 £
Turnover	159,071	102,936
Other income	-	26,324
Cost of raw materials and consumables	(13,000)	(11,743)
Staff costs	(51,364)	(24,244)
Depreciation and other amounts written off assets	(730)	(730)
Other charges	(46,125)	(43,244)
Profit before tax	47,852	49,299
Tax on profit	(9,102)	(9,349)
Profit for the year	38,750	39,950

Margate Townhouse Ltd

(Registration number: 10946743)
Balance Sheet as at 30 September 2022

	2022 £	2021 £
Fixed assets	3,650	4,380
Current assets	76,412	69,297
Creditors: Amounts falling due within one year	(31,221)	(27,385)
Net current assets	45,191	41,912
Total assets less current liabilities	48,841	46,292
Creditors: Amounts falling due after more than one year	(45,000)	(45,201)
	3,841	1,091
Capital and reserves	3,841	1,091

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
84 Crantock Road
Catford
London
SE6 2QP

These financial statements were authorised for issue by the director on 19 June 2023.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2021 - 3).

For the financial year ending 30 September 2022 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 accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 19 June 2023
 

......................................... Mr Anthony Shoring Director