Company Registration No. 12084061 (England and Wales)
M L Academy LTD
Unaudited accounts
for the year ended 31 December 2022
M L Academy LTD
Unaudited accounts
Contents
M L Academy LTD
Company Information
for the year ended 31 December 2022
Directors
Michael Wenn
Lukas Reeves
Company Number
12084061 (England and Wales)
Registered Office
71 BEDFORD ROAD
READING
RG1 7EY
ENGLAND
Accountants
Martin Bicknell MAAT
71 Bedford Road
Reading
BerKshire
RG1 7EY
M L Academy LTD
Statement of financial position
as at 31 December 2022
Tangible assets
9,854
15,254
Cash at bank and in hand
161,897
201,903
Creditors: amounts falling due within one year
(261,889)
(690,907)
Net current (liabilities)/assets
(32,389)
311,757
Total assets less current liabilities
(22,535)
327,011
Provisions for liabilities
Deferred tax
(1,872)
(2,898)
Net (liabilities)/assets
(24,407)
324,113
Called up share capital
1,000
1,000
Profit and loss account
(25,407)
323,113
Shareholders' funds
(24,407)
324,113
For the year ending 31 December 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 30 June 2023 and were signed on its behalf by
Michael Wenn
Director
Company Registration No. 12084061
M L Academy LTD
Notes to the Accounts
for the year ended 31 December 2022
M L Academy LTD is a private company, limited by shares, registered in England and Wales, registration number 12084061. The registered office is 71 BEDFORD ROAD, READING, RG1 7EY, 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:
Fixtures & fittings
20% Reducing balance
Computer equipment
Straight line over 3 years
4
Tangible fixed assets
Land & buildings
At 31 December 2022
26,058
At 31 December 2022
16,204
At 31 December 2021
15,254
M L Academy LTD
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Trade debtors
(44,422)
479,259
Accrued income and prepayments
51,327
-
Other debtors
60,698
321,502
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
66,864
74,228
Taxes and social security
184,250
488,469
Other creditors
47,399
128,210
Loans from directors
(253,047)
-
7
Average number of employees
During the year the average number of employees was 16 (2021: 0).
