2022-04-01 13219626 2023-03-31 13219626 2022-04-01 2023-03-31 13219626 2022-03-31 13219626 2021-04-01 2022-03-31 13219626 uk-core:WithinOneYear 2022-03-31 13219626 uk-core:WithinOneYear 2023-03-31 13219626 uk-core:ShareCapital 2023-03-31 13219626 uk-core:ShareCapital 2022-03-31 13219626 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 13219626 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 13219626 uk-bus:Director1 2022-04-01 2023-03-31 13219626 uk-core:PlantMachinery 2022-04-01 2023-03-31 13219626 uk-core:ComputerEquipment 2022-04-01 2023-03-31 13219626 uk-core:FurnitureFittings 2022-04-01 2023-03-31 13219626 uk-core:AfterOneYear 2023-03-31 13219626 uk-core:AfterOneYear 2022-03-31 iso4217:GBP xbrli:pure 13219626 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 13219626 uk-bus:FRS102 2022-04-01 2023-03-31 13219626 uk-bus:FullAccounts 2022-04-01 2023-03-31 13219626 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Microdot Boutique Ltd
Registered Number:13219626
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
Microdot Boutique Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
13219626
As at 31 March 2023
Microdot Boutique Ltd
Abridged Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
2
Property, plant and equipment
13,497
10,116
13,497
10,116
Current assets
Inventories
10,500
10,500
3
Trade and other receivables
6,144
6,388
4
32,800
Cash and cash equivalents
55,918
72,806
49,444
Trade and other payables: amounts falling due within one year
(25,505)
(44,612)
23,939
28,194
Net current assets
Total assets less current liabilities
41,691
34,055
41,691
Net assets
34,055
Capital and reserves
Called up share capital
100
100
Retained earnings
41,591
33,955
41,691
34,055
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.
All the members have consented to the preparation of an Abridged Statement of Financial Position for the year ended 31 March
2023 in accordance with Section 444 (2A) of the Companies Act 2006.
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 Brian Cannon Director
These financial statements were approved and authorised for issue by the Board on 20 October 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
Microdot Boutique Ltd
Notes to the Financial Statements
Statutory Information
Microdot Boutique Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
13219626.
Registered address:
Unit 16
Shap Road Industrial Estate
Kendal
LA9 6NZ
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.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20% Reducing balance
33% Reducing balance
Computer Equipment
12.5% Reducing balance
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 31 March 2023
Microdot Boutique Ltd
Notes to the Financial Statements Continued
2. Fixed assets
Property, plant
and equipment
£
Cost or valuation
At 01 April 2022
11,284
Additions
5,663
At 31 March 2023
16,947
Provision for depreciation,
amortisation and impairment
At 01 April 2022
1,168
2,282
Charge for year
At 31 March 2023
3,450
Net book value
At 31 March 2023
13,497
At 31 March 2022
10,116
3. Inventories
2022
2023
£
£
Stocks
10,500
10,500
4. Trade and other receivables
The debtors below show amounts falling due after more than one year:
2022
2023
£
£
Trade debtors
-
64
Other debtors
6,080
6,080
6,080
6,144
5. Average number of persons employed
During the year the average number of employees was 3 (2022 : 3)
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