REGISTERED NUMBER: |
Monumental Welsh Women Ltd |
Unaudited Financial Statements for the Year Ended 28 February 2023 |
REGISTERED NUMBER: |
Monumental Welsh Women Ltd |
Unaudited Financial Statements for the Year Ended 28 February 2023 |
Monumental Welsh Women Ltd (Registered number: 11842995) |
Contents of the Financial Statements |
for the Year Ended 28 February 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Monumental Welsh Women Ltd |
Company Information |
for the Year Ended 28 February 2023 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
7 Neptune Court |
Vanguard Way |
Cardiff |
CF24 5PJ |
Monumental Welsh Women Ltd (Registered number: 11842995) |
Balance Sheet |
28 February 2023 |
2023 | 2022 |
Notes | £ | £ |
Current assets |
Stocks |
Debtors | 4 |
Cash at bank |
Creditors |
Amounts falling due within one year | 5 | ( |
) | ( |
) |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities | ( |
) | ( |
) |
Reserves |
Retained Earnings | ( |
) | ( |
) |
( |
) | ( |
) |
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 surplus or deficit 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. |
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 |
Monumental Welsh Women Ltd (Registered number: 11842995) |
Notes to the Financial Statements |
for the Year Ended 28 February 2023 |
1. | Statutory information |
Monumental Welsh Women Ltd is a |
2. | Accounting policies |
Basis of preparing the financial statements |
The financial statements show net liabilities of £4,830 at 28 February 2023. The directors believe that the entity will be able to pay its liabilities as the fall due and the accounts have been prepared on the going concern basis. |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. Cost is determined based on the value of invoices incurred building the statues. Once the statue is complete the value work in progress is transferred to fixed assets at cost. |
Cash and cash equivalents |
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months of less. |
Debtors and creditors receivable/payable within one year |
Debtors and creditors with no stated interest rate and receivable or payable within one year and recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss in other administrative expenses. |
3. | Employees and directors |
The average number of employees during the year was NIL (2022 - NIL). |
4. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Prepayments and accrued income |
5. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Directors' current accounts | - | 1,854 |
Accruals and deferred income |
6. | Directors' advances, credits and guarantees |
The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022: |
2023 | 2022 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid |
Amounts written off | (6,442 | ) | - |
Amounts waived | - | - |
Balance outstanding at end of year |
Monumental Welsh Women Ltd (Registered number: 11842995) |
Notes to the Financial Statements - continued |
for the Year Ended 28 February 2023 |
7. | Limited by guarantee |
The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the value of the company in the event of liquidation. |