MERRITT DECORATORS LIMITED

Company Registration Number:
04851148 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

MERRITT DECORATORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MERRITT DECORATORS LIMITED

Company Information

for the Period Ended 31 December 2022




Director: Stephen Merritt
Registered office: 2
Denvilles Close
Havant
Hampshire
PO9 2QY
Company Registration Number: 04851148 (England and Wales)

MERRITT DECORATORS LIMITED

Directors' Report Period Ended 31 December 2022

The directors present their report with the financial statements of the company for the period ended 31 December 2022

Directors

The directors shown below have held office during the whole of the period from 01 January 2022 to 31 December 2022
Stephen Merritt

This report was approved by the board of directors on 30 September 2023
And Signed On Behalf Of The Board By:

Name: Stephen Merritt
Status: Director

MERRITT DECORATORS LIMITED

Profit and Loss Account

for the Period Ended 31 December 2022


Notes

2022
£

2021
£
Gross Profit or (Loss) 304,398 195,717
Administrative Expenses ( 208,811 ) ( 172,938 )
Operating Profit or (Loss) 95,587 22,779
Interest Payable and Similar Charges ( 27,387 ) ( 7,867 )
Profit or (Loss) Before Tax 68,200 14,912
Tax on Profit ( 12,958 ) -
Profit or (Loss) for Period 55,242 14,912

The notes form part of these financial statements

MERRITT DECORATORS LIMITED

Balance sheet

As at 31 December 2022


Notes

2022
£

2021
£
Fixed assets
Tangible assets: 4 15,845 15,845
Total fixed assets: 15,845 15,845
Current assets
Debtors: 189,701 412,455
Cash at bank and in hand: 154,906 119,808
Total current assets: 344,607 532,263
Creditors: amounts falling due within one year: ( 228,704 ) ( 302,395 )
Net current assets (liabilities): 115,903 229,868
Total assets less current liabilities: 131,748 245,713
Creditors: amounts falling due after more than one year: ( 98,995 ) ( 42,792 )
Total net assets (liabilities): 32,753 202,921

The notes form part of these financial statements

MERRITT DECORATORS LIMITED

Balance sheet continued

As at 31 December 2022


Notes

2022
£

2021
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 32,653 202,821
Shareholders funds: 32,753 202,921

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 September 2023
And Signed On Behalf Of The Board By:

Name: Stephen Merritt
Status: Director

The notes form part of these financial statements

MERRITT DECORATORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MERRITT DECORATORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees


    2022

    2021
    Average number of employees during the period 2 2

MERRITT DECORATORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 3. Off balance sheet disclosure

    No

MERRITT DECORATORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Tangible Assets

Total
Cost £
At 01 January 2022 15,845
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2022 15,845
Depreciation
At 01 January 2022 -
Charge for year -
On disposals -
Other adjustments -
At 31 December 2022 -
Net book value
At 31 December 2022 15,845
At 31 December 2021 15,845