Mark Ginders Limited - Filleted accounts

Registered number

10378355

Mark Ginders Limited

Filleted Accounts

31 March 2023

Mark Ginders Limited
Registered number:		10378355
Balance Sheet
as at 31 March 2023

Notes			2023			2022
£				£
Fixed assets
Tangible assets	3		40,965			53,383

Current assets
Debtors	4	144,813			271,247
Cash at bank and in hand		390,673			217,397
		535,486			488,644

Creditors: amounts falling due within one year	5	(82,207)			(99,997)

Net current assets			453,279			388,647

Total assets less current liabilities			494,244			442,030

Creditors: amounts falling due after more than one year	6		(29,775)			(40,703)



Net assets			464,469			401,327

Capital and reserves
Called up share capital			100			100
Profit and loss account			464,369			401,227

Shareholder's funds			464,469			401,327

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C Arkley
Director
Approved by the board on 15 August 2023

Mark Ginders Limited
Notes to the Accounts
for the year ended 31 March 2023


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance
	Motor vejicles	20% reducing balance

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2023		2022
Number					Number

	Average number of persons employed by the company			20		20


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2022	91,359		18,550		109,909
	At 31 March 2023	91,359		18,550		109,909

	Depreciation
	At 1 April 2022	56,526		-		56,526
	Charge for the year	8,708		3,710		12,418
	At 31 March 2023	65,234		3,710		68,944

	Net book value
	At 31 March 2023	26,125		14,840		40,965
	At 31 March 2022	34,833		18,550		53,383


4	Debtors			2023		2022
£					£

	Trade debtors			141,823		268,557
	Other debtors			2,990		2,690
				144,813		271,247


5	Creditors: amounts falling due within one year			2023		2022
£					£

	Trade creditors			36,772		53,270
	Taxation and social security costs			45,435		31,757
	Other creditors			-		14,970
				82,207		99,997


6	Creditors: amounts falling due after one year			2023		2022
£					£

	Bank loans			29,775		40,703


7	Other information

	Mark Ginders Limited is a private company limited by shares and incorporated in England. Its registered office is:
	The Villa
	Clayton Road
	Staffs
	ST5 4DH