Registered Number:12005672 |
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2023
MKG Bournemouth Ltd
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
MKG Bournemouth Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
1,400
838
2
1,400
838
2,169
2,608
3
Trade and other receivables |
208
227
4
10,579
Cash and cash equivalents |
9,972
12,807
12,956
Trade and other payables: amounts falling due within one |
year |
(9,016)
(13,402)
5
3,940
(595)
Net current liabilities
Total assets less current liabilities |
805
4,778
(266)
-
Provisions for liabilities |
539
Net assets
4,778
2
2
537
4,776
539
4,778
Shareholders' funds
For the year ended 31 May 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 May 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their 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. |
These financial statements were approved and authorised for issue by the Board on 16 November 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 May 2023
MKG Bournemouth Ltd
Notes to the Financial Statements
Statutory Information
MKG Bournemouth Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 12005672. |
2 Firtree Cottage
Bloxworth
Wareham
England
BH20 7EG
The presentation currency is £ sterling. |
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. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
2. Property, plant and equipment |
1,018
199
819
1,030
229
801
1,620
428
2,048
Provision for depreciation and impairment |
180
41
139
Charge for year
468
97
371
648
138
510
1,110
290
1,400
680
158
838
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For the year ended 31 May 2023
MKG Bournemouth Ltd
Notes to the Financial Statements Continued
2022
2023
2,608
2,169
4. Trade and other receivables |
2022
2023
227
208
5. Trade and other payables: amounts falling due within one year |
2022
2023
543
511
Taxation and social security |
1,281
1,615
11,578
6,890
13,402
9,016
Included within taxation and social security is corporation tax of £1,281 (2022: £1,615).
6. Related party transactions |
A dividend of £5,000 was paid to each of the directors in the year. |
The company is under the effective control of its directors. |
7. Directors advances and guarantees |
Loaned
Repaid
O M Hill
Loan from the director
978
6,458
520
6,000
978
6,458
520
6,000
8. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 2)
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