1 April 2022 false No description of principal activity Taxfiler 2023.9 11381933business:PrivateLimitedCompanyLtd2022-04-012023-03-31 113819332022-03-31 113819332022-04-012023-03-31 11381933business:AuditExemptWithAccountantsReport2022-04-012023-03-31 11381933business:FilletedAccounts2022-04-012023-03-31 113819332023-03-31 11381933business:Director12022-04-012023-03-31 11381933business:RegisteredOffice2022-04-012023-03-31 113819332022-03-31 11381933core:WithinOneYear2023-03-31 11381933core:WithinOneYear2022-03-31 11381933core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 11381933core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 11381933core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11381933core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 11381933core:PreviouslyStatedAmount2023-03-31 11381933core:PreviouslyStatedAmount2022-03-31 11381933business:SmallEntities2022-04-012023-03-31 11381933countries:EnglandWales2022-04-012023-03-31 11381933core:MotorVehicles2022-04-012023-03-31 11381933core:FurnitureFittings2022-04-012023-03-31 11381933core:ComputerEquipment2022-04-012023-03-31 11381933core:Goodwill2022-03-31 11381933core:Goodwill2023-03-31 11381933core:Goodwill2022-04-012023-03-31 11381933core:PlantMachinery2022-03-31 11381933core:MotorVehicles2022-03-31 11381933core:FurnitureFittings2022-03-31 11381933core:ComputerEquipment2022-03-31 11381933core:PlantMachinery2022-04-012023-03-31 11381933core:PlantMachinery2023-03-31 11381933core:MotorVehicles2023-03-31 11381933core:FurnitureFittings2023-03-31 11381933core:ComputerEquipment2023-03-31 113819332021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11381933 (England and Wales)
MerrygoroundUK Limited Unaudited accounts for the year ended 31 March 2023
MerrygoroundUK Limited Unaudited accounts Contents
Page
- 2 -
MerrygoroundUK Limited Company Information for the year ended 31 March 2023
Director
C Taylor
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
- 3 -
MerrygoroundUK Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
28,867 
57,734 
Tangible assets
950 
3,801 
29,817 
61,535 
Current assets
Inventories
285,883 
216,565 
Debtors
27,977 
21,821 
Cash at bank and in hand
13,213 
64,940 
327,073 
303,326 
Creditors: amounts falling due within one year
(154,888)
(135,871)
Net current assets
172,185 
167,455 
Net assets
202,002 
228,990 
Capital and reserves
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
- 4 -
MerrygoroundUK Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
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 
£ 
Cost
At 1 April 2022
144,334 
At 31 March 2023
144,334 
Amortisation
At 1 April 2022
86,600 
Charge for the year
28,867 
At 31 March 2023
115,467 
Net book value
At 31 March 2023
28,867 
At 31 March 2022
57,734 
- 5 -
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 
Additions
- 
- 
50 
- 
50 
At 31 March 2023
424 
9,580 
388 
1,340 
11,732 
Depreciation
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 
Net book value
At 31 March 2023
247 
- 
149 
554 
950 
At 31 March 2022
332 
2,395 
175 
899 
3,801 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
3,605 
2,231 
Trade debtors
13,309 
19,590 
Accrued income and prepayments
11,063 
- 
27,977 
21,821 
7
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 
154,888 
135,871 
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).
- 6 -