Registered number
06283565
Mitchell & Sarjent Limited
Filleted Accounts
31 March 2023
Mitchell & Sarjent Limited
Registered number: 06283565
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Current assets
Debtors 4 - 3,906
Cash at bank and in hand 2 2,767
2 6,673
Creditors: amounts falling due within one year 5 - (2,519)
Net current assets 2 4,154
Net assets 2 4,154
Capital and reserves
Called up share capital 2 2
Profit and loss account - 4,152
Shareholders' funds 2 4,154
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 members have 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.
Ms R Sarjent
Director
Approved by the board on 25 September 2023
Mitchell & Sarjent 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 rendering of services. 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.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company - -
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2022 2,489
At 31 March 2023 2,489
Depreciation
At 1 April 2022 2,489
At 31 March 2023 2,489
Net book value
At 31 March 2023 -
4 Debtors 2023 2022
£ £
Trade debtors - 2,406
Other debtors - 1,500
- 3,906
5 Creditors: amounts falling due within one year 2023 2022
£ £
Other taxes and social security costs - 2,020
Other creditors - 499
- 2,519
6 Other information
Mitchell & Sarjent Limited is a private company limited by shares and incorporated in England. Its registered office is:
3 Market Place
Fairford
Glos
GL7 4AB
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