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Company Registration No. 09416539 (England and Wales)
Margo Interiors Ltd Filleted Accounts for the year ended 28 February 2023
Margo Interiors Ltd Filleted Accounts Contents
Page
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Margo Interiors Ltd Company Information for the year ended 28 February 2023
Director
Marius Zurauskas
Company Number
09416539 (England and Wales)
Registered Office
166 COLLEGE ROAD 2ND FLOOR HARROW HA1 1BH ENGLAND
Accountants
Klevas Consulting Ltd OneSixSix 166 College Road Harrow Middlesex HA1 1BH
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Margo Interiors Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
424 
886 
Current assets
Debtors
70,496 
61,920 
Cash at bank and in hand
4,056 
1,885 
74,552 
63,805 
Creditors: amounts falling due within one year
(40,985)
(13,434)
Net current assets
33,567 
50,371 
Total assets less current liabilities
33,991 
51,257 
Creditors: amounts falling due after more than one year
(34,644)
(43,020)
Net (liabilities)/assets
(653)
8,237 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(753)
8,137 
Shareholders' funds
(653)
8,237 
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 22 August 2023 and were signed on its behalf by
Marius Zurauskas Director Company Registration No. 09416539
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Margo Interiors Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Margo Interiors Ltd is a private company, limited by shares, registered in England and Wales, registration number 09416539. The registered office is 166 COLLEGE ROAD, 2ND FLOOR, HARROW, HA1 1BH, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
1,848 
19,846 
21,694 
At 28 February 2023
1,848 
19,846 
21,694 
Depreciation
At 1 March 2022
962 
19,846 
20,808 
Charge for the year
462 
- 
462 
At 28 February 2023
1,424 
19,846 
21,270 
Net book value
At 28 February 2023
424 
- 
424 
At 28 February 2022
886 
- 
886 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
12,383 
9,911 
Trade debtors
97 
97 
Accrued income and prepayments
- 
5,141 
Other debtors
58,016 
46,771 
70,496 
61,920 
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Margo Interiors Ltd Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
576 
- 
Taxes and social security
40,409 
13,434 
40,985 
13,434 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
34,644 
43,020 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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