REGISTERED NUMBER: |
ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 31 MARCH 2021 TO 31 JULY 2022 |
FOR |
MASON CLOTHING LIMITED |
REGISTERED NUMBER: |
ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 31 MARCH 2021 TO 31 JULY 2022 |
FOR |
MASON CLOTHING LIMITED |
MASON CLOTHING LIMITED (REGISTERED NUMBER: 06527070) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 31 MARCH 2021 TO 31 JULY 2022 |
Page |
Company Information | 1 |
Abridged Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
MASON CLOTHING LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 31 MARCH 2021 TO 31 JULY 2022 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
www.michaelfiliou.com |
Salisbury House |
81 High Street |
Potters Bar |
Hertfordshire |
EN6 5AS |
MASON CLOTHING LIMITED (REGISTERED NUMBER: 06527070) |
ABRIDGED STATEMENT OF FINANCIAL POSITION |
31 JULY 2022 |
2022 | 2021 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
MASON CLOTHING LIMITED (REGISTERED NUMBER: 06527070) |
ABRIDGED STATEMENT OF FINANCIAL POSITION - continued |
31 JULY 2022 |
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 |
MASON CLOTHING LIMITED (REGISTERED NUMBER: 06527070) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 31 MARCH 2021 TO 31 JULY 2022 |
1. | STATUTORY INFORMATION |
Mason Clothing Limited is a |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Short leasehold | - |
Equipment | - |
Fixtures and fittings | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Taxation |
Taxation for the period 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 statement of financial position date. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
MASON CLOTHING LIMITED (REGISTERED NUMBER: 06527070) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 31 MARCH 2021 TO 31 JULY 2022 |
5. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 31 March 2021 |
Disposals | ( |
) |
At 31 July 2022 |
DEPRECIATION |
At 31 March 2021 |
Charge for period |
Eliminated on disposal | ( |
) |
At 31 July 2022 |
NET BOOK VALUE |
At 31 July 2022 |
At 30 March 2021 |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2022 | 2021 |
value: | £ | £ |
Ordinary | £1 | 1 | 1 |
7. | ULTIMATE CONTROLLING PARTY |
The controlling party is Mr Abdul Karim Najafi. |
The director, Mr Abdul Karim Najafi, controls the company by virtue of the fact that he owns 100% of the issued share capital. |