2022-04-01 06792321 2023-03-31 06792321 2022-04-01 2023-03-31 06792321 2022-03-31 06792321 2021-04-01 2022-03-31 06792321 uk-core:WithinOneYear 2022-03-31 06792321 uk-core:WithinOneYear 2023-03-31 06792321 uk-core:ShareCapital 2023-03-31 06792321 uk-core:ShareCapital 2022-03-31 06792321 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 06792321 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 06792321 uk-bus:Director1 2022-04-01 2023-03-31 06792321 uk-core:PlantMachinery 2022-04-01 2023-03-31 06792321 uk-core:ComputerEquipment 2022-04-01 2023-03-31 06792321 uk-core:MotorVehicles 2022-04-01 2023-03-31 06792321 uk-core:FurnitureFittings 2022-04-01 2023-03-31 06792321 uk-core:ComputerEquipment 2022-03-31 06792321 uk-core:FurnitureFittings 2022-03-31 06792321 uk-core:FurnitureFittings 2023-03-31 06792321 uk-core:ComputerEquipment 2023-03-31 06792321 uk-core:AfterOneYear 2023-03-31 06792321 uk-core:AfterOneYear 2022-03-31 06792321 uk-core:WithinOneYear 2023-03-31 06792321 uk-core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure 06792321 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 06792321 uk-bus:FRS102 2022-04-01 2023-03-31 06792321 uk-bus:FullAccounts 2022-04-01 2023-03-31 06792321 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Draft
Martine UK LTD
Registered Number:06792321
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 March 2023
Martine UK LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
06792321
As at 31 March 2023
Martine UK LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
5,355
6,300
2
5,355
6,300
Current assets
Inventories
76,000
50,000
3
Trade and other receivables
18,536
47,592
4
83,219
Cash and cash equivalents
97,773
195,365
177,755
Trade and other payables: amounts falling due within one
year
(118,045)
(117,157)
5
59,710
78,208
Net current assets
Total assets less current liabilities
83,563
66,010
83,563
Net assets
66,010
Capital and reserves
Called up share capital
2
2
Retained earnings
83,561
66,008
83,563
66,010
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.
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.
Peter Shifrin Director
These financial statements were approved and authorised for issue by the Board on 24 August 2023 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 31 March 2023
Martine UK LTD
Notes to the Financial Statements
Statutory Information
Martine UK LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number
06792321.
Registered address:
18 South Street
Romford
UK
RM1 1RA
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
25% Reducing balance
15% Reducing balance
Computer Equipment
25% Reducing balance
Motor Vehicles
15% Reducing balance
Furniture and Fittings
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
£
£
£
Cost or
valuation
At 01 April 2022
15,711
10,711
5,000
At 31 March 2023
5,000
10,711
15,711
Provision for depreciation and impairment
At 01 April 2022
9,411
6,012
3,399
Charge for year
945
705
240
At 31 March 2023
10,356
6,717
3,639
At 31 March 2023
Net book value
1,361
3,994
5,355
At 31 March 2022
1,601
4,699
6,300
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5
Draft
For the year ended 31 March 2023
Martine UK LTD
Notes to the Financial Statements Continued
3. Inventories
2022
2023
£
£
Stocks
50,000
76,000
4. Trade and other receivables
2022
2023
£
£
Trade debtors
16,232
18,536
Other debtors
31,360
-
18,536
47,592
The debtors above include the following amounts falling due after more than one year:
Other debtors
31,357
-
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
732
491
Trade creditors
413
4,403
Taxation and social security
9,587
4,297
Other creditors
106,425
108,854
117,157
118,045
6. Average number of persons employed
During the year the average number of employees was 0 (2022 : 1)
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