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COMPANY REGISTRATION NUMBER: 12488761
Modernation Ltd
Filleted Unaudited Financial Statements
28 February 2023
Modernation Ltd
Statement of Financial Position
28 February 2023
2023
2022
£
£
£
Fixed assets
32,300
--------
----
Current assets
2,394,543
2,637,473
Creditors: amounts falling due within one year
2,918,780
2,279,184
------------
------------
Net current (liabilities)/assets
( 524,237)
358,289
---------
---------
Total assets less current liabilities
( 491,937)
358,289
Creditors: amounts falling due after more than one year
582,316
573,230
Accruals and deferred income
4,434
4,200
------------
---------
(1,078,687)
(219,141)
------------
---------
Capital and reserves
( 1,078,687)
( 219,141)
------------
---------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 1 ).
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 9 February 2024 , and are signed on behalf of the board by:
Mr R A Green
Director
Company registration number: 12488761
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Chase Side Avenue, London, SW20 8LU.