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REGISTERED NUMBER: 11907620 (England and Wales)


Financial Statements for the Year Ended 30 April 2022

for

Moreno & Young Ltd

Moreno & Young Ltd (Registered number: 11907620)






Contents of the Financial Statements
for the Year Ended 30 April 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Moreno & Young Ltd

Company Information
for the Year Ended 30 April 2022







DIRECTOR: Mr Miguel Angel Guagnino Guilleumas





REGISTERED OFFICE: Bridge House,
9-13 Holbrook Lane
Coventry
CV6 4AD





REGISTERED NUMBER: 11907620 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Moreno & Young Ltd (Registered number: 11907620)

Statement of Financial Position
30 April 2022

30.4.22 30.4.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,227 186

CURRENT ASSETS
Stocks 5,943 4,953
Debtors 5 1,460 1,460
Cash at bank and in hand 22,089 37,911
29,492 44,324
CREDITORS
Amounts falling due within one year 6 17,088 26,294
NET CURRENT ASSETS 12,404 18,030
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,631

18,216

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 13,531 18,116
SHAREHOLDERS' FUNDS 13,631 18,216

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Moreno & Young Ltd (Registered number: 11907620)

Statement of Financial Position - continued
30 April 2022


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 August 2022 and were signed by:





Mr Miguel Angel Guagnino Guilleumas - Director


Moreno & Young Ltd (Registered number: 11907620)

Notes to the Financial Statements
for the Year Ended 30 April 2022

1. STATUTORY INFORMATION

Moreno & Young Ltd 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. ACCOUNTING POLICIES

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

Turnover
Turnover represents net sales of invoiced goods and services excluding Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2021 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2021 341
Additions 1,449
At 30 April 2022 1,790
DEPRECIATION
At 1 May 2021 155
Charge for year 408
At 30 April 2022 563
NET BOOK VALUE
At 30 April 2022 1,227
At 30 April 2021 186

Moreno & Young Ltd (Registered number: 11907620)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.22 30.4.21
£    £   
Trade debtors 1,460 1,460

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.22 30.4.21
£    £   
Trade creditors 3,424 888
Taxation and social security 8,433 7,702
Other creditors 5,231 17,704
17,088 26,294

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.22 30.4.21
value: £    £   
100 Ordinary £1 100 100