Company Registration No. 08569173 (England and Wales)
MORECAMBE BAY PROPERTY LTD
Unaudited accounts
for the year ended 30 September 2022
MORECAMBE BAY PROPERTY LTD
Unaudited accounts
Contents
MORECAMBE BAY PROPERTY LTD
Company Information
for the year ended 30 September 2022
Directors
Thomas Dobson
Michelle Dobson
Company Number
08569173 (England and Wales)
Registered Office
50 QUEEN STREET
MORECAMBE
LANCASHIRE
LA4 5EP
ENGLAND
Accountants
SARA DOBSON
23 DALLAM AVENUE
MORECAMBE
LANCASHIRE
LA4 5BB
MORECAMBE BAY PROPERTY LTD
Statement of financial position
as at 30 September 2022
Tangible assets
16,536
3,336
Cash at bank and in hand
111,078
76,960
Creditors: amounts falling due within one year
(32,023)
(16,300)
Net current assets
113,187
108,160
Total assets less current liabilities
129,723
111,496
Creditors: amounts falling due after more than one year
(14,585)
(8,828)
Net assets
115,138
102,668
Profit and loss account
115,134
102,664
Shareholders' funds
115,138
102,668
For the 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. 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2023 and were signed on its behalf by
Michelle Dobson
Director
Company Registration No. 08569173
MORECAMBE BAY PROPERTY LTD
Notes to the Accounts
for the year ended 30 September 2022
MORECAMBE BAY PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 08569173. The registered office is 50 QUEEN STREET, MORECAMBE, LANCASHIRE, LA4 5EP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2021
10,495
-
6,584
17,079
Additions
15,000
1,500
-
16,500
Disposals
(10,495)
-
-
(10,495)
At 30 September 2022
15,000
1,500
6,584
23,084
At 1 October 2021
10,495
-
3,248
13,743
Charge for the year
3,000
300
-
3,300
On disposals
(10,495)
-
-
(10,495)
At 30 September 2022
3,000
300
3,248
6,548
At 30 September 2022
12,000
1,200
3,336
16,536
At 30 September 2021
-
-
3,336
3,336
MORECAMBE BAY PROPERTY LTD
Notes to the Accounts
for the year ended 30 September 2022
Amounts falling due within one year
Trade debtors
34,132
12,500
6
Creditors: amounts falling due within one year
2022
2021
Obligations under finance leases and hire purchase contracts
2,664
-
Taxes and social security
4,182
3,800
Loans from directors
19,522
12,500
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
11,527
-
Taxes and social security
3,058
8,828
8
Average number of employees
During the year the average number of employees was 5 (2021: 0).