Company Registration No. 09546498 (England and Wales)
Mortimer 32 Ltd
Unaudited accounts
for the year ended 31 March 2023
Mortimer 32 Ltd
Unaudited accounts
Contents
Mortimer 32 Ltd
Company Information
for the year ended 31 March 2023
Directors
L Mortimer
J Durrant
Company Number
09546498 (England and Wales)
Registered Office
39 LJS HAIR STUDIO
STOKE ROAD
GOSPORT
HAMPSHIRE
PO12 1LS
ENGLAND
Mortimer 32 Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
1,072
1,607
Cash at bank and in hand
7,556
13,421
Creditors: amounts falling due within one year
(13,946)
(21,270)
Net current liabilities
(713)
(4,569)
Net assets/(liabilities)
359
(2,962)
Called up share capital
10
10
Profit and loss account
349
(2,972)
Shareholders' funds
359
(2,962)
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 directors acknowledge their 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 of Directors and authorised for issue on 4 November 2023 and were signed on its behalf by
L Mortimer
Director
Company Registration No. 09546498
Mortimer 32 Ltd
Notes to the Accounts
for the year ended 31 March 2023
Mortimer 32 Ltd is a private company, limited by shares, registered in England and Wales, registration number 09546498. The registered office is 39 LJS HAIR STUDIO, STOKE ROAD, GOSPORT, HAMPSHIRE, PO12 1LS, ENGLAND.
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.
These financial statements for the year ended 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
10% Straight Line
4
Tangible fixed assets
Fixtures & fittings
Mortimer 32 Ltd
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
5,846
8,947
Loans from directors
-
873
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).