Martynprint Limited 04680605 false 2021-04-01 2022-03-31 2022-03-31 The principal activity of the company is printing Digita Accounts Production Advanced 6.30.9574.0 true 04680605 2021-04-01 2022-03-31 04680605 2022-03-31 04680605 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2022-03-31 04680605 core:RetainedEarningsAccumulatedLosses 2022-03-31 04680605 core:ShareCapital 2022-03-31 04680605 core:CurrentFinancialInstruments 2022-03-31 04680605 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 04680605 core:PlantMachinery 2022-03-31 04680605 bus:SmallEntities 2021-04-01 2022-03-31 04680605 bus:AuditExemptWithAccountantsReport 2021-04-01 2022-03-31 04680605 bus:FullAccounts 2021-04-01 2022-03-31 04680605 bus:SmallCompaniesRegimeForAccounts 2021-04-01 2022-03-31 04680605 bus:RegisteredOffice 2021-04-01 2022-03-31 04680605 bus:Director1 2021-04-01 2022-03-31 04680605 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2021-04-01 2022-03-31 04680605 bus:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 04680605 core:PlantMachinery 2021-04-01 2022-03-31 04680605 countries:England 2021-04-01 2022-03-31 04680605 2021-03-31 04680605 core:PlantMachinery 2021-03-31 04680605 2020-04-01 2021-03-31 04680605 2021-03-31 04680605 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2021-03-31 04680605 core:RetainedEarningsAccumulatedLosses 2021-03-31 04680605 core:ShareCapital 2021-03-31 04680605 core:CurrentFinancialInstruments 2021-03-31 04680605 core:CurrentFinancialInstruments core:WithinOneYear 2021-03-31 04680605 core:PlantMachinery 2021-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 04680605

Martynprint Limited

Information for Filing with The Registrar

31 March 2022

 

Martynprint Limited

(Registration number: 04680605)

Balance Sheet

31 March 2022

Note

2022
£

2021
£

Fixed assets

 

Tangible assets

4

1

80

Current assets

 

Debtors

5

2,245

2,953

Cash at bank and in hand

 

4,160

3,253

 

6,405

6,206

Creditors: Amounts falling due within one year

6

(6,169)

(5,945)

Net current assets

 

236

261

Net assets

 

237

341

Capital and reserves

 

Called up share capital

7

1

1

Retained earnings

236

340

Shareholders' funds

 

237

341

For the financial year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 9 August 2022.




M. Harris

Director

 

Martynprint Limited

Notes to the Accounts

Year Ended 31 March 2022

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
11 Park Avenue
Crowle
Scunthorpe
DN17 4HT

These financial statements were authorised for issue by the director on 9 August 2022.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Government grants

Grants are recognised as income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.

Tax

The tax expense for the year comprises corporation tax.

The current corporation tax charge is calculated on the basis of UK tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Martynprint Limited

Notes to the Accounts

Year Ended 31 March 2022

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

10 years straight line basis

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company during the year, was 1 (2021 - 1).

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 1 April 2021

240

240

At 31 March 2022

240

240

Depreciation

At 1 April 2021

160

160

Charge for the year

79

79

At 31 March 2022

239

239

Carrying amount

At 31 March 2022

1

1

At 31 March 2021

80

80

 

Martynprint Limited

Notes to the Accounts

Year Ended 31 March 2022

5

Debtors

2022
£

2021
£

Trade debtors

2,137

1,640

Prepayments

108

108

Other debtors

-

1,205

 

2,245

2,953

6

Creditors

Note

2022
£

2021
£

Due within one year

 

Trade creditors

 

2,146

2,108

Amounts due to related parties

2,831

2,335

Corporation tax

 

112

422

Other creditors

 

1,080

1,080

 

6,169

5,945

7

Share capital

Allotted, called up and fully paid shares

 

2022

2021

 

No.

£

No.

£

Ordinary shares of £1 each

1

1

1

1