Company Registration No. 10457804 (England and Wales)
Angela's of Margate Limited
Unaudited accounts
for the year ended 30 June 2023
Angela's of Margate Limited
Unaudited accounts
Contents
Angela's of Margate Limited
Company Information
for the year ended 30 June 2023
Directors
L P Coad
C L Forsdike
Company Number
10457804 (England and Wales)
Registered Office
7 CEDRIC ROAD
WESTGATE-ON-SEA
CT8 8NZ
ENGLAND
Accountants
Meades Accounting Limited
Mill Lane House
Mill Lane
Margate
CT9 1LB
Angela's of Margate Limited
Statement of financial position
as at 30 June 2023
Tangible assets
110,092
91,082
Cash at bank and in hand
178,924
366,476
Creditors: amounts falling due within one year
(157,746)
(224,647)
Net current assets
45,057
148,725
Total assets less current liabilities
155,149
239,807
Creditors: amounts falling due after more than one year
(24,788)
(30,361)
Provisions for liabilities
Deferred tax
(17,497)
(15,466)
Net assets
112,864
193,980
Called up share capital
2
2
Profit and loss account
112,862
193,978
Shareholders' funds
112,864
193,980
For the year ending 30 June 2023 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 28 March 2024 and were signed on its behalf by
L P Coad
Director
Company Registration No. 10457804
Angela's of Margate Limited
Notes to the Accounts
for the year ended 30 June 2023
Angela's of Margate Limited is a private company, limited by shares, registered in England and Wales, registration number 10457804. The registered office is 7 CEDRIC ROAD, WESTGATE-ON-SEA, CT8 8NZ, 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:
Plant & machinery
15% reducing balance
Motor vehicles
Life of vehicle
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
17,927
41,932
88,689
148,548
Additions
11,313
-
27,881
39,194
At 30 June 2023
29,240
41,932
116,570
187,742
At 1 July 2022
2,689
6,028
48,749
57,466
Charge for the year
3,983
6,028
10,173
20,184
At 30 June 2023
6,672
12,056
58,922
77,650
At 30 June 2023
22,568
29,876
57,648
110,092
At 30 June 2022
15,238
35,904
39,940
91,082
Angela's of Margate Limited
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
500
-
Accrued income and prepayments
3,157
-
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
5,573
5,573
Trade creditors
54,688
63,686
Taxes and social security
15,217
25,176
Proposed dividends
-
50,000
Other creditors
16,816
852
Loans from directors
4,818
29,222
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
24,788
30,361
8
Average number of employees
During the year the average number of employees was 30 (2022: 29).
