Matt Carr Design Limited Accounts

MATT CARR DESIGN LIMITED - Company Information






Matt Carr Design Limited

	Company No. 07263423
		Information for Filing with The Registrar
		31 May 2023

The Director presents his report and the accounts for the year ended 31 May 2023.

Principal activities
The principal activity of the company during the year under review was Graphic Design.




Director

The Director who served at any time during the year was as follows:

M.C. Carr







































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

M.C. Carr
Director
29 February 2024

at	31 May 2023
Company No.		07263423	Notes	2023	2022
				£	£
Fixed assets

	Tangible assets		4	3,831	2,823


				3,831	2,823
Current assets



	Cash at bank and in hand			7,470	4,932
				7,470	4,932
Creditors: Amount falling due within one year			5	(12,300)	(5,999)
Net current liabilities				(4,830)	(1,067)
Total assets less current liabilities				(999)	1,756




Net (liabilities)/assets				(999)	1,756

Capital and reserves
	Called up share capital			200	200



	Profit and loss account		7	(1,199)	1,556

Total equity				(999)	1,756



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 May 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 29 February 2024 and signed on its behalf by:
M.C. Carr
Director
29 February 2024

for the year ended 31 May 2023

General information

Matt Carr Design Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 07263423

Its registered office is:

The Old Dairy, Mill Farm

Hankham Hall Road, Hankham

Pevensey

East Sussex

BN24 5AG

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2023	2022
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	2

4	Tangible fixed assets
			Plant and machinery	Fixtures, fittings and equipment	Total
			£	£	£
		Cost or revaluation
		At 1 June 2022	730	10,744	11,474
		Additions	-	1,966	1,966



		At 31 May 2023	730	12,710	13,440
		Depreciation
		At 1 June 2022	491	8,160	8,651
		Charge for the year	48	910	958



		At 31 May 2023	539	9,070	9,609
		Net book values
		At 31 May 2023	191	3,640	3,831
		At 31 May 2022	239	2,584	2,823

5	Creditors:
		amounts falling due within one year
			2023	2022
			£	£






		Taxes and social security	7,538	5,983
		Loans from directors	4,762	17

		Accruals and deferred income	-	(1)
			12,300	5,999

Share Capital

200 ordinary shares of £1 each, issued and fully paid.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

8	Dividends
			2023	2022
			£	£
		Dividends for the period:
		Dividends paid in the period	35,900	24,100

			35,900	24,100

		Dividends by type:

		Equity dividends	35,900	24,100
			35,900	24,100