Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01No description of principal activitytruefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.11true 10663458 2022-04-01 2023-03-31 10663458 2021-04-01 2022-03-31 10663458 2023-03-31 10663458 2022-03-31 10663458 c:Director1 2022-04-01 2023-03-31 10663458 d:CurrentFinancialInstruments 2023-03-31 10663458 d:CurrentFinancialInstruments 2022-03-31 10663458 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10663458 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 10663458 d:ShareCapital 2023-03-31 10663458 d:ShareCapital 2022-03-31 10663458 d:RetainedEarningsAccumulatedLosses 2023-03-31 10663458 d:RetainedEarningsAccumulatedLosses 2022-03-31 10663458 c:FRS102 2022-04-01 2023-03-31 10663458 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 10663458 c:FullAccounts 2022-04-01 2023-03-31 10663458 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 10663458









MARGRO CAP LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
MARGRO CAP LTD
REGISTERED NUMBER: 10663458

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1,744
3,729

Cash at bank and in hand
 5 
14
49

  
1,758
3,778

Creditors: amounts falling due within one year
 6 
(2,822)
(3,582)

Net current (liabilities)/assets
  
 
 
(1,064)
 
 
196

Total assets less current liabilities
  
(1,064)
196

  

Net (liabilities)/assets
  
(1,064)
196


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(1,164)
96

  
(1,064)
196


Page 1

 
MARGRO CAP LTD
REGISTERED NUMBER: 10663458
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
M Grossman
Director

Date: 22 December 2023

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
MARGRO CAP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Margro Cap Ltd is a private company limited by shares. The company is incorporated in England and Wales and its registered office is Unit 5 Stirling Court Yard, Stirling Way, Borehamwood, Hertfordshire, United Kingdom, WD6 2FX. The company registration number is 10663458.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.3

Taxation

Tax is recognised in the Statement of income and retained earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the United Kingdom where the company operates and generates income.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are
Page 3

 
MARGRO CAP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)


2.7
Dividends (continued)

recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
MARGRO CAP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Other debtors
1,644
3,629

Called up share capital not paid
100
100

1,744
3,729



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
13
49

13
49



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
-
786

Other creditors
600
599

Accruals and deferred income
2,222
2,197

2,822
3,582


 
Page 5