Company Registration No. 11381933 (England and Wales)
MerrygoroundUK Limited
Unaudited accounts
for the year ended 31 March 2023
MerrygoroundUK Limited
Unaudited accounts
Contents
MerrygoroundUK Limited
Company Information
for the year ended 31 March 2023
Company Number
11381933 (England and Wales)
Registered Office
Unit 13 Twyford Mill Estate
Oxford Road, Adderbury
Banbury
Oxfordshire
OX17 3SX
United Kingdom
Accountants
Link Accounting Limited
Bloxham Mill Business Centre
Barford Road
Bloxham
Oxfordshire
OX15 4FF
MerrygoroundUK Limited
Statement of financial position
as at 31 March 2023
Intangible assets
28,867
57,734
Inventories
285,883
216,565
Cash at bank and in hand
13,213
64,940
Creditors: amounts falling due within one year
(154,888)
(135,871)
Net current assets
172,185
167,455
Net assets
202,002
228,990
Called up share capital
219,891
219,891
Profit and loss account
(17,889)
9,099
Shareholders' funds
202,002
228,990
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 October 2023 and were signed on its behalf by
C Taylor
Director
Company Registration No. 11381933
MerrygoroundUK Limited
Notes to the Accounts
for the year ended 31 March 2023
MerrygoroundUK Limited is a private company, limited by shares, registered in England and Wales, registration number 11381933. The registered office is Unit 13 Twyford Mill Estate, Oxford Road, Adderbury, Banbury, Oxfordshire, OX17 3SX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
4 years straight line
Fixtures & fittings
5 years straight line
Computer equipment
3 years straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. They are amortised at a straight line over 5 years.
4
Intangible fixed assets
Goodwill
Charge for the year
28,867
MerrygoroundUK Limited
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
424
9,580
338
1,340
11,682
At 31 March 2023
424
9,580
388
1,340
11,732
At 1 April 2022
92
7,185
163
441
7,881
Charge for the year
85
2,395
76
345
2,901
At 31 March 2023
177
9,580
239
786
10,782
At 31 March 2023
247
-
149
554
950
At 31 March 2022
332
2,395
175
899
3,801
Amounts falling due within one year
Trade debtors
13,309
19,590
Accrued income and prepayments
11,063
-
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
26,680
25,414
Taxes and social security
7,208
8,988
Other creditors
3,915
3,384
Loans from directors
117,085
98,085
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Average number of employees
During the year the average number of employees was 6 (2022: 6).