MEAT EAST ANGLIA TRADES (IPSWICH) LIMITED

Company Registration Number:
02207714 (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

MEAT EAST ANGLIA TRADES (IPSWICH) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

MEAT EAST ANGLIA TRADES (IPSWICH) LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 240,400 212,829
Total fixed assets: 240,400 212,829
Current assets
Stocks: 2,032 2,300
Debtors:   127,185 105,891
Cash at bank and in hand: 335,099 580,079
Total current assets: 464,316 688,270
Creditors: amounts falling due within one year:   (229,948) (256,631)
Net current assets (liabilities): 234,368 431,639
Total assets less current liabilities: 474,768 644,468
Provision for liabilities: (12,127) (3,794)
Total net assets (liabilities): 462,641 640,674
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 462,541 640,574
Shareholders funds: 462,641 640,674

The notes form part of these financial statements

MEAT EAST ANGLIA TRADES (IPSWICH) 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 15 August 2023
and signed on behalf of the board by:

Name: Mrs J E Dale
Status: Director

The notes form part of these financial statements

MEAT EAST ANGLIA TRADES (IPSWICH) 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

Turnover policy

Turnover is represented at the fair value of the consideration received or receivable, net of discounts and VAT.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost les accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost evenly over its expected useful life as follows:Plant & Machinery 25% reducing balanceMotor Vehicles 25% reducing balance

MEAT EAST ANGLIA TRADES (IPSWICH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 7 7

MEAT EAST ANGLIA TRADES (IPSWICH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 447,722
Additions 48,845
At 31 March 2023 496,567
Depreciation
At 01 April 2022 234,893
Charge for year 21,274
At 31 March 2023 256,167
Net book value
At 31 March 2023 240,400
At 31 March 2022 212,829

MEAT EAST ANGLIA TRADES (IPSWICH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Related party transactions

Name of the related party: Jane's Holding Ltd
Relationship:
Dividend
Description of the Transaction: Dividend to a company in which Jane Dale was sole director and shareholder, until March 2023, where shares were then distributed to external shareholders.
£
Balance at 01 April 2022 0
Balance at 31 March 2023 0