MARKSON PIANOS LIMITED

Company Registration Number:
01735450 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

MARKSON PIANOS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

MARKSON PIANOS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 956,443 933,706
Total fixed assets: 956,443 933,706
Current assets
Stocks: 446,132 439,168
Debtors:   331,972 240,372
Cash at bank and in hand: 672,781 822,008
Total current assets: 1,450,885 1,501,548
Creditors: amounts falling due within one year:   (745,527) (895,152)
Net current assets (liabilities): 705,358 606,396
Total assets less current liabilities: 1,661,801 1,540,102
Creditors: amounts falling due after more than one year:   (448,600) (644,463)
Total net assets (liabilities): 1,213,201 895,639
Capital and reserves
Called up share capital: 51,143 51,143
Profit and loss account: 1,162,058 844,496
Shareholders funds: 1,213,201 895,639

The notes form part of these financial statements

MARKSON PIANOS LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 September 2023
and signed on behalf of the board by:

Name: Simon Markson
Status: Director

The notes form part of these financial statements

MARKSON PIANOS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MARKSON PIANOS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 11 14

MARKSON PIANOS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 1,471,362
Additions 162,986
Disposals (113,568)
At 31 March 2023 1,520,780
Depreciation
At 01 April 2022 537,656
Charge for year 67,394
On disposals (40,713)
At 31 March 2023 564,337
Net book value
At 31 March 2023 956,443
At 31 March 2022 933,706