Company registration number 1496898 (England and Wales)
MARTIN MOTORS (SOUTHPORT) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
PAGES FOR FILING WITH REGISTRAR
MARTIN MOTORS (SOUTHPORT) LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2021
31 December 2021
- 1 -
2021
2020
£
£
£
£
Fixed assets
205,746
205,746
Current assets
253,544
258,355
Prepayments and accrued income
775
775
Creditors: amounts falling due within one year
(1,433)
(3,909)
Net current assets
252,886
255,221
Total assets less current liabilities
458,632
460,967
Accruals and deferred income
(1,798)
(6,243)
Net assets
456,834
454,724
Capital and reserves
456,834
454,724
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
At 31 December 2021, Mr & Mrs JA Thwaites (Directors) owed £157,828 (2020 - £157,752) to the company by way of directors' loan. Interest has been charged at a commercial rate.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2021
2020
Number
Number
Employees
2
2
Martin Motors (Southport) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1 Mill Lane Crescent, Southport, PR9 7PF.
For the year ended 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
MARTIN MOTORS (SOUTHPORT) LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2021
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 7 September 2022 and are signed on its behalf by:
Mr R F Thwaites
Director
Company Registration Number 1496898