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REGISTERED NUMBER: 10529058 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2021

for

Madebyshape Limited

Madebyshape Limited (Registered number: 10529058)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

Madebyshape Limited

Company Information
for the Year Ended 31 December 2021







DIRECTORS: A Golpys
J Mayo





SECRETARY:





REGISTERED OFFICE: Suite 1 Office 2
1 Gibfield Park Avenue
Atherton
Greater Manchester
M46 OSU





REGISTERED NUMBER: 10529058 (England and Wales)





ACCOUNTANTS: C J Roberts & Partners Limited
160 Elliott Street
Tyldesley
Lancashire
M29 8DS

Madebyshape Limited (Registered number: 10529058)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,000 6,000
Tangible assets 5 - -
5,000 6,000

CURRENT ASSETS
Debtors 6 28,888 17,613
Cash at bank 318,361 258,886
347,249 276,499
CREDITORS
Amounts falling due within one year 7 92,326 55,851
NET CURRENT ASSETS 254,923 220,648
TOTAL ASSETS LESS CURRENT
LIABILITIES

259,923

226,648

CREDITORS
Amounts falling due after more than one
year

8

33,830

50,000
NET ASSETS 226,093 176,648

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 225,993 176,548
SHAREHOLDERS' FUNDS 226,093 176,648

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Madebyshape Limited (Registered number: 10529058)

Balance Sheet - continued
31 December 2021


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 Board of Directors and authorised for issue on 16 August 2022 and were signed on its behalf by:




A Golpys - Director



J Mayo - Director


Madebyshape Limited (Registered number: 10529058)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Madebyshape Limited (Registered number: 10529058)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2020 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2021
and 31 December 2021 10,000
AMORTISATION
At 1 January 2021 4,000
Charge for year 1,000
At 31 December 2021 5,000
NET BOOK VALUE
At 31 December 2021 5,000
At 31 December 2020 6,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2021
and 31 December 2021 7,317
DEPRECIATION
At 1 January 2021
and 31 December 2021 7,317
NET BOOK VALUE
At 31 December 2021 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade debtors 28,888 17,613

Madebyshape Limited (Registered number: 10529058)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans and overdrafts 11,170 -
Trade creditors - 1
Taxation and social security 79,657 54,470
Other creditors 1,499 1,380
92,326 55,851

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans 33,830 50,000

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2021 and 31 December 2020:

31.12.21 31.12.20
£    £   
A Golpys
Balance outstanding at start of year (31 ) (572 )
Amounts advanced - 541
Amounts repaid (9 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (40 ) (31 )

J Mayo
Balance outstanding at start of year (200 ) (571 )
Amounts advanced - 371
Amounts repaid (9 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (209 ) (200 )

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £163,500 (2020 - £72,200) were paid to the directors .

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A Golpys.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Madebyshape Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Madebyshape Limited for the year ended 31 December 2021 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Madebyshape Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Madebyshape Limited and state those matters that we have agreed to state to the Board of Directors of Madebyshape Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Madebyshape Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Madebyshape Limited. You consider that Madebyshape Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Madebyshape Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






C J Roberts & Partners Limited
160 Elliott Street
Tyldesley
Lancashire
M29 8DS


3 September 2022