Martin-Woolman Management Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 08485672 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Martin-Woolman Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs L Gallafent

REGISTERED OFFICE:

Unit 12, Martinfield Business Centre

Martinfield

Welwyn Garden City

Hertfordshire

AL7 1HG

REGISTERED NUMBER:

08485672 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

FIXED ASSETS

Investments

5

522,100

522,100

CREDITORS

Amounts falling due within one year

6

235,303

237,832

NET CURRENT LIABILITIES

(235,303

)

(237,832

)

TOTAL ASSETS LESS CURRENT LIABILITIES

286,797

284,268

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

286,497

283,968

SHAREHOLDERS' FUNDS

286,797

284,268

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 December 2023 and were signed by:

Mrs L Gallafent - Director

1.	STATUTORY INFORMATION

Martin-Woolman Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2022

and 31 March 2023

522,100

NET BOOK VALUE

At 31 March 2023

522,100

At 31 March 2022

522,100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/23

31/3/22

£

£

Amounts owed to group undertakings

233,028

234,861

Taxation and social security

2,273

1,649

Other creditors

2

1,322

235,303

237,832

7.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed the director £2 (2022: £2).

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Martin-Woolman Holdings Limited.

The ultimate controlling party is Mrs L Gallafent.