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REGISTERED NUMBER: 07563007 (England and Wales)















MERRALLS CONSULTING LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2023






MERRALLS CONSULTING LIMITED (REGISTERED NUMBER: 07563007)






Contents of the Financial Statements
for the year ended 31 March 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


MERRALLS CONSULTING LIMITED

Company Information
for the year ended 31 March 2023







Directors: R J Merrall
V L Cooper





Registered office: Sherwood Farm
Village Street
Aldington
Evesham
Worcestershire
WR11 7YE





Registered number: 07563007 (England and Wales)





Accountants: Haines Watts South East LLP
5-6 Greenfield Crescent
Edgbaston
Birmingham
Surrey
B15 3BE

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Merralls Consulting Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Merralls Consulting Limited for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Merralls Consulting Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Merralls Consulting Limited and state those matters that we have agreed to state to the Board of Directors of Merralls Consulting Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Merralls Consulting Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Merralls Consulting Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Merralls Consulting Limited. You consider that Merralls Consulting Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Merralls Consulting Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Haines Watts South East LLP
5-6 Greenfield Crescent
Edgbaston
Birmingham
Surrey
B15 3BE


8 November 2023

MERRALLS CONSULTING LIMITED (REGISTERED NUMBER: 07563007)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Intangible assets 4 - -
Tangible assets 5 3,857 764
3,857 764

Current assets
Stocks 6 12,500 35,729
Debtors 7 101,530 25,069
Cash at bank 81,270 90,220
195,300 151,018
Creditors
Amounts falling due within one year 8 53,183 61,951
Net current assets 142,117 89,067
Total assets less current liabilities 145,974 89,831

Capital and reserves
Called up share capital 300 300
Retained earnings 145,674 89,531
145,974 89,831

MERRALLS CONSULTING LIMITED (REGISTERED NUMBER: 07563007)

Balance Sheet - continued
31 March 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

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 directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 November 2023 and were signed on its behalf by:





R J Merrall - Director


MERRALLS CONSULTING LIMITED (REGISTERED NUMBER: 07563007)

Notes to the Financial Statements
for the year ended 31 March 2023

1. Statutory information

Merralls Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 4 (2022 - 4 ) .

MERRALLS CONSULTING LIMITED (REGISTERED NUMBER: 07563007)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 April 2022
and 31 March 2023 10,000
Amortisation
At 1 April 2022
and 31 March 2023 10,000
Net book value
At 31 March 2023 -
At 31 March 2022 -

5. Tangible fixed assets
Office
equipment
£   
Cost
At 1 April 2022 5,694
Additions 5,596
At 31 March 2023 11,290
Depreciation
At 1 April 2022 4,930
Charge for year 2,503
At 31 March 2023 7,433
Net book value
At 31 March 2023 3,857
At 31 March 2022 764

6. Stocks
2023 2022
£    £   
Work in progress 12,500 35,729

7. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 86,658 21,242
Amounts owed by group undertakings 3,827 3,827
Directors' current accounts 11,045 -
101,530 25,069

MERRALLS CONSULTING LIMITED (REGISTERED NUMBER: 07563007)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

8. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts - 70
Corporation tax 20,759 32,567
Social security and other taxes 2,508 6,106
VAT 26,269 13,264
Other creditors 1,047 7,928
Directors' current accounts - 241
Accruals and deferred income 2,600 1,775
53,183 61,951

9. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
R J Merrall
Balance outstanding at start of year (241 ) 1,418
Amounts advanced 48,286 48,759
Amounts repaid (37,000 ) (50,418 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 11,045 (241 )

The directors loan account was fully repaid to the company on 6 April 2023.

10. Ultimate controlling party

The controlling party is R J Merrall.