2022-04-01 10654805 2023-03-31 10654805 2022-04-01 2023-03-31 10654805 2022-03-31 10654805 2021-04-01 2022-03-31 10654805 uk-core:WithinOneYear 2022-03-31 10654805 uk-core:WithinOneYear 2023-03-31 10654805 uk-core:AfterOneYear 2022-03-31 10654805 uk-core:AfterOneYear 2023-03-31 10654805 uk-core:ShareCapital 2023-03-31 10654805 uk-core:ShareCapital 2022-03-31 10654805 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 10654805 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 10654805 uk-bus:Director1 2022-04-01 2023-03-31 10654805 uk-core:ComputerEquipment 2022-03-31 10654805 uk-core:PlantMachinery 2022-03-31 10654805 uk-core:PlantMachinery 2023-03-31 10654805 uk-core:ComputerEquipment 2023-03-31 10654805 uk-core:ComputerEquipment 2022-04-01 2023-03-31 10654805 uk-core:PlantMachinery 2022-04-01 2023-03-31 10654805 uk-core:WithinOneYear 2023-03-31 10654805 uk-core:WithinOneYear 2022-03-31 10654805 uk-core:AfterOneYear uk-core:Secured 2023-03-31 10654805 uk-core:AfterOneYear uk-core:Secured 2022-03-31 iso4217:GBP xbrli:pure 10654805 uk-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 10654805 uk-bus:FRS102 2022-04-01 2023-03-31 10654805 uk-bus:FullAccounts 2022-04-01 2023-03-31 10654805 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
M R L Furniture Repairs Ltd
Registered Number:10654805
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
M R L Furniture Repairs Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
10654805
As at 31 March 2023
M R L Furniture Repairs Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
9,043
12,056
2
9,043
12,056
Current assets
Trade and other receivables
1,000
3,684
3
1,259
Cash and cash equivalents
2,395
6,079
2,259
Trade and other payables: amounts falling due within one
year
(4,104)
(9,827)
4
(1,845)
(3,748)
Net current liabilities
Total assets less current liabilities
5,295
10,211
Trade and other payables: amounts falling due after more
than one year
(12,000)
(7,200)
5
(1,905)
Net liabilities
(1,789)
Capital and reserves
Called up share capital
100
100
Retained earnings
(2,005)
(1,889)
(1,905)
(1,789)
Shareholders' funds
For the year ended 31 March 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Michael Law Director
These financial statements were approved and authorised for issue by the Board on 30 July 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2023
M R L Furniture Repairs Ltd
Notes to the Financial Statements
Statutory Information
M R L Furniture Repairs Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 10654805.
Registered address:
22 Mengham Lane
Hayling Island
PO11 9JR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
Equipment
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 April 2022
20,500
8,401
12,099
At 31 March 2023
12,099
8,401
20,500
Provision for depreciation and impairment
At 01 April 2022
8,444
4,650
3,794
Charge for year
3,013
937
2,076
At 31 March 2023
11,457
5,587
5,870
At 31 March 2023
Net book value
6,229
2,814
9,043
At 31 March 2022
8,305
3,751
12,056
3. Trade and other receivables
2022
2023
£
£
Other debtors
3,684
1,000
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5
For the year ended 31 March 2023
M R L Furniture Repairs Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
2,400
-
Trade creditors
-
(1)
Taxation and social security
5,136
2,928
Other creditors
2,291
1,177
9,827
4,104
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
7,200
12,000
6. Related party transactions
During the year the company paid £3,000 to the directors in respect of use of home as office (£3,000 2022)
As at 31st March 2023, the company owed directors M R Law and K Law £645 each (£88 2022)
7. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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