Company Registration No. 10128921 (England and Wales)
Makers Department Limited
Unaudited accounts
for the year ended 31 March 2023
Makers Department Limited
Unaudited accounts
Contents
Makers Department Limited
Company Information
for the year ended 31 March 2023
Director
DA SILVA SALVADOR, Fabio Andre
Company Number
10128921 (England and Wales)
Registered Office
6-10 Dunston Street
London
E8 4EB
Accountants
GYB Direct LTD
35 Norwich Street
Fakenham
Norfolk
NR21 9AF
Makers Department Limited
Accountants' report
Accountants' report to the director of Makers Department Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Makers Department Limited for the year ended
31 March 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Makers Department Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Makers Department Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Makers Department Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Makers Department Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Makers Department Limited. You consider that Makers Department Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Makers Department Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
GYB Direct LTD
35 Norwich Street
Fakenham
Norfolk
NR21 9AF
31 December 2023
Makers Department Limited
Statement of financial position
as at 31 March 2023
Tangible assets
6,107
5,363
Cash at bank and in hand
11,508
9,738
Creditors: amounts falling due within one year
(27,491)
(31,808)
Net current liabilities
(13,872)
(20,123)
Net liabilities
(7,765)
(14,760)
Called up share capital
2
2
Profit and loss account
(7,767)
(14,762)
Shareholders' funds
(7,765)
(14,760)
For the year ending 31 March 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 31 December 2023 and were signed on its behalf by
DA SILVA SALVADOR, Fabio Andre
Director
Company Registration No. 10128921
Makers Department Limited
Notes to the Accounts
for the year ended 31 March 2023
Makers Department Limited is a private company, limited by shares, registered in England and Wales, registration number 10128921. The registered office is 6-10 Dunston Street, London, E8 4EB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
20% straight line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
1,537
11,200
12,737
At 31 March 2023
1,537
14,491
16,028
At 1 April 2022
555
6,819
7,374
Charge for the year
307
2,240
2,547
At 31 March 2023
862
9,059
9,921
At 31 March 2023
675
5,432
6,107
At 31 March 2022
982
4,381
5,363
Amounts falling due within one year
Makers Department Limited
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,217
1,054
Taxes and social security
6,632
6,229
Other creditors
7,207
22,063
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).